SMEDAN Issues “Disclaimer Notice” to Applicants – The management of Small and Medium Enterprises Development Agency of Nigeria, (SMEDAN) has issued “Disclaimer Notice” to Applicants of “Matching Fund” in their latest memo.
The memo was published on their website to all applicants and signed by the management.
The memo reads under a title captioned “Public Disclaimer”. It reads;
“The attention of the Small and Medium Enterprises Development Agency of Nigeria, (SMEDAN) has been drawn to the existence of messages going around which claims to be granting a loan of 35 million and asking people to call Mr. Nasir on 08074473030, and also telling people to pay the sum of 5,000 for business plan free and asking them to contact firstname.lastname@example.org
“The Agency wishes to notify the general public that SMEDAN has no dealings or collaborations whatsoever with those behind the message and therefore dis-associates itself from the Organization.
“The general public are therefore warned that SMEDAN will not be liable for any loss arising from any transaction carried out with them.
“To be forewarned is to be forearmed.
The mandate of SMEDAN as contained in the enabling Act can be summarized as follows:
Stimulating, monitoring and coordinating the development of the MSMEs sub-sector;
Initiating and articulating policy ideas for small and medium enterprises growth and development;
Promoting and facilitating development programmes, instruments and support services to accelerate the development and modernization of MSME operations…
SMEDAN Guilding Principles
Outreach: We like to reach as many MSMEs as are crucial and imperative to achieve the goal of an MSME led economic growth, industrialization and job creation
– Sustainability: We deliverately create exit strategies, whenever necessary to avoid over-dependence on subsidy
– Impact: We are committed to delivering measurable results
– Efficiency: We cherish quality service delivery by our Agency on one hand, and the MSMEs on the other, in the most cost-efficient manner.