So, it is a big opportunity that we have missed for many years, and that is what NEDEP
wants to address.
The minister said : "'We are here today in Bayelsa State to flag off NEDEP
and inaugurate the SME Council in the state because of my firm belief that the MSME sector is the bedrock of inclusive economic growth and given its strategic role as the driver of job creation and wealth generation.
The SMEDAN Director-General said : 'Our objective is that within the few years of implementing NEDEP
and other programmes to be initiated, we will generate an estimated five million direct and indirect jobs'.
Aganga has revealed that the NEDEP is a project headed by the Federal Ministry of Trade and Investment and its three agencies of the Bank of Industry, Small and Medium Enterprises Development Agency of Nigeria and the Industrial Training Fund.
Aganga opined, The development of NEDEP was guided by similar enterprise development models in Asia, Africa and the One Local Government One Product (OLOP) pilot projects in Kano and Niger states.
The Minister was addressing the gathering at the maiden meet of the stakeholders on the newly started NEDEP.
NEDEP is an initiative spearheaded by the Federal Ministry of Trade and Investment and its three parastatals.