Saturday, October 27, 2012

Press Release

Human Resource Development Award (HURDA), an initiative of Soulmedia Communications Ltd, according to the Managing Director, Sunny Nkemsinachi Davids, is designed to honour those Nigerians and organizations that have contributed to human development for the overall growth of the country.
Davids stated that the human factor is the most important in nation building, stressing that “once the human element of development is right, all other things will fall in place and this country will achieve the greatness that is being touted for long.”
In a press release made available to our correspondent, Davids also disclosed that the awards ceremony will be a special delight.
“Nigeria is birthing a new dawn and Market Speech Magazine now African Strides, in its three years of existence strives to report the people and economic factors in the development of west African regions and beyond.”
According to the MD this  edition of the award shall take place in Abuja come December 10th 2012.
Distinguished Nigerians for the HURDA award this year include His Excellency Sen. Ike Ekweremmadu, His Excellency Sen. Bukar Ibrahim, Prof Barth Nnaji, Sen Musa Ibrahim, Chief EzenwoNyeson Nwike Ho. Minister of state for education, Akinwumi Adesina the Hon. of Agric, Dr. Dere Awosika, Pof. Okojie ES NUC, Prof. M.I Junaid, ES NCCE, Brigadier General Nnamdi Okore, DG NYSC, Prof. Stan Anih, Barr. S. Osahon, Minkachi Funnah Hills college of Education. Prof. Tijani FCT College of Education, Institute for ecumenical Education Enugu and two others.

Sunny Davids
Marketspeech -African Strides Magazine

Sunday, September 23, 2012

Private Colleges of Education Need Govt Support

It is set time Government begin to support privately owned colleges of education, Barrister Osahan the chairman and founder of Angel crown College of education made this statement while speaking with market speech (now African Strides) crew in his Abuja office. Osahan is of the opinion that when teachers education is well positioned, we can be sure that student will do well in return. He reiterated that one of the greatest challenge faced by the privately owned colleges of education is that of finance. He is of the opinion that government should include them in their budget to enable them compete favourably in terms of quality teachers and conducive learning environment.
When asked the cause for recent mass failure in WAEC, NECO and JAMB he said that, that can only be addressed through well trained and qualify teachers in our different places of learning. In response to why he established angel crown college of education Barrister Osahan said that it has always been his dream to produce nation builders (teachers) and when the opportunity came he embraced it with passion and commitment to seeing that the school ranks with any University standard. he also said that government should look into the proposal to convert the colleges of education into University of education to enable them run and award degree certificates this he said will arouse student interest in making university of education their choice.

Saturday, September 15, 2012

Repositioning The Teachers Education in Nigeria

Teachers education should be seen as the very key in restructuring the education sector. the executive secretary of National Commission for Colleges of Education prof. Junaid said this in an interview with Development Platform and African strides magazine crew in their headquarters office, Abuja. He went further to reiterates that the mass failure being experienced in our different schools of learning is as a result of poor quality of teachers in our different institutions of learning.

I shall do all that is within my possible best to make sure we reposition the teachers education in Nigeria.  to show his sincere willingness to doing these, Professor junaid is already partnering with Soulmedia Communications limited, producers and publishers of African Strides Magazine in other to do a comprehensive report/documentary on both both TV and Magazine for Colleges of Education in Nigeria.

Tuesday, April 5, 2011

National Automotive Council Requests to Site Test Center at SMEDAN’S Industrial Development Centre land in Zaira

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has granted the request of the National Automotive Council, (NAC) to use part of her Industrial Development Centre (IDC) land in Zaria to site an automotive test centre. To this end, a formal Memorandum of Understanding (MOU) would be signed by the two Federal Government-owned Agencies.
 Speaking in a joint meeting between SMEDAN and NAC delegates, the Director-General of NAC, Engineer Aminu Jalal said, the request was in line with the Council’s mandate to ensure that vehicles conform to safety and environmental standards.  The Centre would be made up of material and vehicle evaluation laboratory and an Office block. An architectural design for this was presented to SMEDAN by NAC.
 The Director-General of SMEDAN, Alhaji Muhammad Nadada Umar, said the Council’s request was a welcome idea. According to him, ever since the Federal Ministry of Commerce and Industry handed IDCs over to SMEDAN, on 13th of October, 2010, he had always wished they (IDCs) developed in the line of clusters economically, technologically and otherwise. “We will do better when placed together with other sectors.  The location of an automotive test centre, near SMEDAN, will go a long way in developing MSMEs. When you talk of MSME development, you talk of innovation, and innovation is brought about by technology”.  
It was also agreed that SMEDAN team visit the Zaria IDC with an Architect, who would come out with a layout of the NAC centre inside of the SMEDAN IDC. The aim of the visit would be to know how NAC could comfortably fit in there.
The Director-General of SMEDAN, at this juncture, suggested that a Joint Committee (of SMEDAN & NAC) be formed after the visit, to draft a Memorandum of Understanding (MOU) in this regard.   
 The Director-General of NAC was accompanied by the Council’s Director of Infrastructure, Engineer W.K. Odeforo.


Levi Anyikwa
Assistant Director (Corporate Affairs)


The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), in
collaboration with Dun and Bradstreet, a world leading source of commercial
information and insight on businesses, is planning to establish a National
Micro, Small and Medium Enterprises (MSMEs) Rating Database to provide a common
standard for evaluating, categorizing and monitoring the performance of SMEs in
the country.

The proposed rating database is to serve as a catalyst for SME growth, access to
finance and job creation in Nigeria, with a view of assisting financial
with a standard and reliable mechanism to support due diligence
procedures for MSME lending.
Speaking at a Stakeholders Forum and Executive briefing at the SMEDAN
Headquarters in Abuja, the Director-General of SMEDAN, Alhaji Muhammad Nadada
Umar said that the Agency aims to promote free information flow between the
commercial and development banks and other specialized funding agencies in
providing credit to MSMEs through the scheme.
‘’The rating database’’ he said, ‘’will institute a  reliable process and
benchmark to assess and rate Nigerian MSMEs based on standardized criteria and
policies thereby providing reliable database for funding decisions by financial
institutions. With this service, MSMEs that are duly registered and rated in the
database will have easier access to funding’’.
Alhaji Umar added that already, SMEDAN, in partnership with the National Bureau
of Statistics
is putting mechanisms in place to formalize SMEs in the informal
sector with a view of facilitating their access to loans with the lowest
interest rates, urging the Central Bank of Nigeria to assist the efforts in this
While commending the apex bank for earmarking 200 billion Naira for the SME
Credit Guarantee Scheme, he urged it to do more to save the sector from heavy
reliance on imported technologies just as he recommended that the federal
government inject looted funds which it has recovered into the development of
MSMEs in the country.
The rating database, which has been successfully established by Dun and
in related economies like India, Bangladesh and the United Arab
, will assist the growth of ‘strong’ MSMEs that maintain impeccable
track business performances over time and will also serve as a foundation for
continuous monitoring of MSMEs in the country.
Furthermore, the scheme is expected to create the conducive environment needed
for MSMEs, especially the ‘weak’ ones, to develop, reduce transaction time and
cost for commercial banks to assess MSMEs for credit facilities, and encourage
financial support from international donor agencies and improve trade
In his detailed presentation of the scheme, Mr. Richard C. Opara of Dun and
Bradstreet Nigeria, emphasized that for it to succeed, the proposed rating
database must be centralized for easy access, it must be nationally accepted and
consistently applied, adding that the scheme on a larger scale, would promote
nation-building whereby bright ideas from developers who might not have the
necessary funds would be presented with the opportunity to translate their ideas
into reality and sustain them over the years.
‘’SMEs have come to be recognized as the primary drivers for job creation in the
economy as they make up about 80 percent of the population. With such a huge
percentage of the population in the informal sector, the main barriers to their
growth among other challenges remain accessible finance and lack of
‘’ These challenges have persisted because financial lenders have too many
requests from people who have the zeal to establish businesses, but who do not
have upfront collateral to secure the loans needed to finance such ventures. No
bank wants to deal with a ‘weak’ company whose information is insufficient or
untraceable, hence, the significance of the database’’.
 He proposed for the establishment of a Stakeholders Coordination Committee
which would oversee the planning and execution of the scheme while expressing
confidence that with SMEDAN and other relevant stakeholders, the informal sector
can be driven to move the economy forward.
The Forum was attended by representatives from the Central Bank of Nigeria
(CBN), Bank of Industry (BOI), Unity Bank, Ecobank, Nigerian Export and Import
Bank (NEXIM), Bank of Agriculture, Federal Ministry of Commerce and Industry,
First Mutual Microfinance Bank, National Boundary Commission and SMEDAN.

Levi Anyikwa
Assistant Director (Corporate Affairs)

Friday, January 28, 2011

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The Director-General of Small and Medium Enterprises Development Agency of Nigeria [SMEDAN], Muhammad Nadada Umar, has bagged two more Awards. Nadada Umar, who already has strings of Honours and Awards in his kitty, was on Tuesday presented with “The Icon of Greater Nigeria” and “Youth Ambassador for Change” Awards by the National Association of Northern Nigeria Students [NANNS].

President of the Association, Comrade Ibrahim Alih, noted that the Award was their “kind and modest way of appreciating repeated and unsolicited countless contributions to nation building”. In doing this, he stressed, the Association was fully convinced that the movement towards a unified nation as exemplified by the life and times of Alhaji Umar would continue in the right direction and his dreams never forgotten in a hurry when Nigeria would celebrate 100 years of independence. “On that day, 1st October 2060, Nigerians and students will have cause to smile and tell the world that the journey started with Alhaji Umar who gave the Northern Students direction to be where we are,” Alih added.

Extolling the virtues of Muhammad Nadada Umar, the student leader said the SMEDAN Chief Executive “is a detribalized Nigerian, very accommodating, well exposed and has equally traversed the length and breadth of this country in service to fatherland. His impeccable credentials are unquestionable and have particularly dominated the management of the Agency with well reasoned arguments always winning his battles on the altar of equity, fair play, transparency and accountability”.

According to Comrade Ibrahim Alih, the Association carefully assessed Nadada’s leadership roles in recent times and collectively agreed that he is a trail blazer, a mentor and an achiever. “The Association is compelled by your positive contributions in this [MSME] sector of nation’s economy which are having direct impact on our citizenry to honour your eminence with the prestigious Awards”, Comrade Alih told the SMEDAN Chief Executive.

In his acceptance speech, the Director-General of SMEDAN, Muhammad Nadada Umar, said the Award had given him the impetus to do more. Educating the students on the mandate of the Agency, Nadada noted that the development of micro, small and medium enterprises [MSME] sub-sector was crucial to the nation’s economic growth, political stability and national security. He therefore challenged the students to embrace entrepreneurship, adding that SMEDAN was ready to partner with the students to transform them to top-flight industrialists and entrepreneurs in the mould of Alhaji Aliko Dangote, Dr. Mike Adenuga and Mr. Femi Otedola. To this effect, the SMEDAN Director-General pledged to include graduating students from the nation’s universities in the Agency’s Youth Entrepreneurship Programme in the future.

Furthermore, he promised to assist the students who benefited from the Agency’s entrepreneurship training to form Cooperative Societies in order to facilitate their access to working capital. He cited the Bank of Agriculture [BoA], Bank of Industry [BoI], National Economic Reconstruction Fund [NERFUND] and the Central Bank of Nigeria [CBN’s] SME Credit Guarantee Scheme as availble business finance widows available to budding entrepreneurs.

Previous recipients of the Award, according to Comrade Alih, include: Dr. Olusola Saraki [the Waziri of Ilorin], Mallam Adamu Ciroma [former Minister of Finance], Dr. Mu’azu Babangida Aliyu [the Executive Governor of Niger State], Professor Olugbemiro Jegede, Dr. Uriah Angulu, Alhaji Abdullahi Inde Dikko [the Comptroller-General of Nigeria Customs Service], Professor Jibrin Aminu, Professor Ishaq Oloyede, Dr. Ibrahim Wada, Hon. Sam Odeh, Dr. Aboki Zhawa, Alhaji Ali Amfani and other distinguished Nigerians.

Levi Anyikwa

Assistant Director [Corporate Affairs]


Market Speech Award/ Gala Night coming soon in Abuja

Market Speech Magazine in Collaboration with Human Resource Development Awards and Excellent Service Certification Award (HURDA-ESCA) host the biggest award ceremony ever.

This event is to take place in the evening of Monday 28th March 2011 at the Shehu Musa yar' adua centre in Abuja.

Watch out for updates on the site. To follow, register here so that you do not miss out.