The Minister of Industry, Trade and Investment, Okechukwu Enelamah, says the Federal government has put in series of projects to create an enabling environment for businesses to thrive.
He said the intervention projects were geared towards reducing unemployment among the teeming youths,
Enelamah said that loans and grants, which are being accessed by some firms, were meant to drive the growth of the Small and Medium-scale Enterprises in the country.
The minister spoke at the Accelerate Labs project in Lagos.
The project is aimed activating and promoting entrepreneurial skills of youths and start-ups.
The Accelerate Labs project was presented by the Future Project. The goal of the project is to equip 2,160 youths across the six geo-political zones.
While commending Future Award and Microsoft Nigeria for their impactful role in promoting skills, capacity building in the country, he said the government needed more partners to work with in order to boost economic growth.
Enelamah, who was represented by his Special Adviser, Olubunmi Adeboye, said, “As a ministry of industry and investment, we actually have a project, the Growth and Employment project which is one that we are actually coordinating.
“Grants are given specifically to the SMEs and businesses that have ideas across agriculture and technology all over the country.”