Entrepreneurship Supportive Agencies in Nigeria

Manufacturer Association of Nigeria (MAN)

MAN was formed as a company limited by guarantee to perform important roles on behalf of its members. It was established as a national industrial association in 1971.

The activities of MAN are focused on sectoral group interactions.

The list of sectoral groups includes:

  • Food, Beverages and Tobacco .
  • Chemicals and pharmaceutical
  • Domestic and industrial plastic, rubber and foam.
  • Basic metal, iron and steel, and fabricated metal products.
  • Pulp, paper and paper products, printing and publishing.
  • Electrical and electronics.
  • Textile, weaving, apparel, carpet, leather and leather footwear.
  • Wood and wood products including furniture.
  • Non-metallic mineral products.
  • Motor vehicle’ and miscellaneous Assembly.
  • MAN export group.

Functions of Manufacturer Association of Nigeria (MAN)

This industrial association perform the following functions among many;

  • It encourages the patronage of Nigerian made products by Nigerians and foreigners.
  • It encourages high standard of quality for member’s products through the collation and the provision of advice.
  • It provides’ for manufacturers venue for formulating and influencing general policy, in regard to industrial matters.

National Association of Small And Medium Enterprises (NASME)

It is a private sector organization in Nigeria. Its membership is drawn from small and medium scale enterprises. It is devoted’ to networking capacity building, policy advocacy and promotion of the performance of its members firms and operators. NASME works to improve the welfare of its members and make input in industrial policy.

Analysis and publications from NAMSE on business environment, competitive enlightenment and policy making are useful to Nigerian entrepreneurs.

Member firms of NASME face the daily challenge of unsupported macroeconomic environment.

Nigerian Association of Chambers Of Commerce, Industry, Mines and Agriculture (NACCIMA)

This body is a voluntary association of manufacturers, merchants, mines, farmers, financiers, industrialists, trade groups who network together for the principal objectives of promoting, protecting and improving business environment for micro and macro benefits. The first Chamber of Commerce in Nigeria, the Lagos Chamber of Commence was founded in 1988 while NACCIMA, the umbrella organization for all chambers of Commerce in Nigeria was established in 1960.

Roles of NACCIMA

  • It contributes to the socio-politico-economic development of Nigeria.
  • It provides a network of national and international business contacts and opportunities.
  • It promotes and develops all matters affecting commerce, industry, mines and agriculture and other forms of private economic activities.
  • It considers legislative and other measures affecting commerce, industry, mines and agriculture in Nigeria.

Small and Medium Enterprises Development Agency of Nigeria (SMEDAN)

This body was established to promote the development of micro, small and medium Enterprises (MSME). Its mission is to facilitate the access of micro, small and medium entrepreneurs/investors to all resources required for their development. Its vision is to establish a structured and efficient micro, small and medium enterprises sector that will enhance sustainable development of Nigeria.

If SMEDAN functions optimally it will be one of the most veritable channels to combat poverty.

Like any other agency of its kind, harsh economic condition couple with week government institutions does not help its performance.

National Poverty Eradication Programme (NAPEP)

This programme aimed at poverty eradication and empowerment. There are four major intervention schemes in Nigeria’s current poverty eradication programme.

One is Youth Empowerment Scheme (YES), it is targeted at youth. YES is more than employment scheme as it is aimed at the provision of training opportunities, skills acquisition, employment opportunities, wealth creation through enhanced income generation, improved social status and rural development.

It is primarily aimed at the economic empowerment of Nigerian youths. Its impact is still below expectation.

Micro Finance Institutions (MFIS)

These financial institutions are set up to meet the credit needs of the rural and urban poor, artisans, farmers, petty traders, vulcaniser, etc. CBN gave a directive to all erstwhile community Banks to convert to MFls by recapitalizing to meet the new guidelines for the setting up of MFls. One of the challenges microfinance face in Nigeria is that they do not reach to great number of poor Nigerians. The effect of not appropriately addressing this situation would further accentuate poverty and slow down economic growth and development.

Small and Medium Industries Equity Investment Scheme (SMIEIS)

The Scheme requires all banks in Nigeria to set aside ten (10) percent of their Profit After Tax (PAT) for equity investment and promotion of small and medium enterprises. The 10% of the profit After Tax (PAT) to be set aside annually shall be invested in small and medium enterprises as the banking industry’s contribution to the federal governments efforts towards stimulating economic growth, developing local technology and generating employment. Activities covered by the scheme include all legal business activity with the exception of trading/merchandising and financial services. Beneficiaries are expected to comply with guidelines of the scheme and ensure prudent utilization of fund. Like its other counterparts its performance is still below expectation.

Enjoyed the post? Kindly use the sharing buttons below to share the post on your favorite social networks.To make sure you stay up to date with our articles, enter your email to subscribe.



Comments
  1. Enwerem Samuel

    this site has really helped me in my research work. I hope others too will key it to this site. Thanks

    • Hi Samuel, thanks for the comment and we would be glad if you could share the news about our site to other people. You can also join our Facebook Page and invite others too. Regards

      • Olayinka Olorunfemi

        Pls sir my mane is Olayinka Olorunfemi. I need your help in getting NAFDAC number for my Venture I already have a Register company name and production site . Pls need your reply urgently sir.

  2. GEORGE ORIE

    it alarming to know we have such supportive agencies in place, entrepreneurs have a right to be informed and exposed to this various agencies.

    i register my emotional support to your enpowerment project, please endeavor to organise seminars for all young and established entrepreneurs. such forums will will re-instate the need for formidable partnership. thumbs up for entrepreneurshipsecret.com.

    entrepreneur George Orie

  3. olabanji samuel

    Pls i want know the address of NASMEs in south west nig.and NASMI Too.how can i regester my enterpris with the C A C.I Belive i can regester before i stat the enterpris

    • Hi Samuel,
      This is NASME’s info, call them and ask other things you need about them;
      The Nigeria Association of Small and Medium Enterprises (NASME)
      191, Ikorodu Road Palm-Grove, P.O Box 2872, Lagos, Nigeria
      Tel: 234-1-8166463, 08056283160.
      Email: nasmenigeria@yahoo.com

      To register you business with C.A.C, you would need to go to their office and fill the forms or contact a lawyer to do the job for you.

  4. Tunde

    I also like this write up. Pls, kindly send me the name of the person that wrote this write-up and the year he wrote it. I will like to quote the name in my project. I am writing my final year project and i want to make use of this write up. thanks alot

    • Hi Tunde, thanks for the comment. The article was compiled by Ayodeji Sanyaolu in March 2011. Hope that helps.

  5. Ojo seun

    Am a student of federal poly idah,300 level where are just be introduce us according to the course by NBTE.bt ave plan to be enterprise hope you cant link me up later for support.thanks good site

  6. callist

    please, i want to know the factors that have been encouraging entrepreneurship development in Nigeria

  7. madu peters jp

    Please i run a micro agro processing precisely cassava and melon how do i register with NASSI or SMEDAN? I am in Masaka, Nasarawa State.

  8. blessing james

    dis site is grt n have done well in educating n improving knowledge

  9. chidinma

    nice article, i was really enlightened. however i am writing a project that is about youth empowerment focusing on lagos and rivers state. please i would really appreciate it, if some organisations that empowers youth and is based in lagos can be sent to me and equally organisations in river state (if possible their addresses too). thank you very much and keep up the good work.God bless you.

  10. ologun idowu adebayo

    I don’t have mush to ask,as a clearing and forwarding agent with register company name under CAC.how could i partner with others org or to develop my business.thank you.

  11. Akinyemi Omolola

    Yes this is wonderful am fully relief u guys hv done a great job so far now my assignment is done through dis research work of yours keep it up

    • Hi Omolola, I’m glad we could help with your assignment. Thanks for the feedback

  12. murtala yaro kola

    I really appreciate of this site becouse it help to carry out my research assignment thanks.

    • Hi Murtala, I’m glad we could help with your assignment. Thanks for the feedback

  13. Tope Oyeyemi

    Pls i need angel investors or partner to partner with me in my oil and gas and haulage and logistics business.Thanks so much,waiting to hearing from you soon.

  14. Elijah Falode

    Nice work Olufisayo and d team! I have biz ideas and passion to empower youths with practical bizs. I need a platform to share my biz propositions. Tnx as I await your reply!-Elijah Falode, President Campus Entrepreneurship Initiative,OAU.

  15. Blessing Aguocha Emmanuel

    Nice work! Keep it up, this has really help me to complete my note in entreprenureship development. Grt kudos to u. Tanks.

    • We are happy we could be of help with your note. Thanks for the feedback!

  16. Ejah s.i Philip

    I so much want to keep my small business get going (automobile engineering) but will want to invent an ideal in mind which supports are highly needed.

  17. samson (prince)

    This solve all the question I have been asking (looking for) all this time on ♍Ɣ assignment, I am a student of federal Poly Mubi, I’m in ♍Ɣ final year pls i’ll like know the name and the of this writer so I can write it in ♍Ɣ assignment thank u a lot.

  18. Andy

    This site has proved a veritable source of information on SMEs supportive organisations in Nigeria.

    Please, I would appreciate it if I can be assisted to get list of current SME members of NASME.

    Thank you.

  19. ola

    Actually, I appreciated the site but the question is how effective and efficient are these numerous agencies practically and what has been their impart on Nigeria entrepreneurs so

  20. Alfred Ighobuno

    What will be your advice for an entrepreneur like me who due to financial constrain cannot continue production. I have sold out samples of my product but after gathering people’s comments I will need to put a finishing to the product. How can I move forward from here.

    • Olufisayo

      Send a mail to ask@iroy.in They solve sales and marketing problems.

  21. Ordu wisdom

    Tnx 4 been a gr8 source to my research concerning some Association bodies in Nigeria. I will be highly delighted if some update will be made on NECA and other bodies.

  22. eseosa

    i am a SIFE(STUDENTS IN FREE ENTERPRISE) student in FUTA and we will nid ur help on our on going projects like making CEOs we will be greatful if u can get back to us.thanks.

  23. Indispensable henrietta

    Tnx alot 4 dis source of in4matn.It has rili assisted mi as a student of entrepreneurship in coe akwanga.Wit more of dis i belv i wl rili pass dis course wit gud grades.Tnx

ADD YOUR COMMENT

CommentLuv badge