Reps working on bills, policies to promote SMEs- Kalu

By Christiana Ekpa

Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu has revealed that the Parliament is working on a number of bills to effectively promote Small Scale and Medium Enterprises (SMEs) in Nigeria.
He also said that Nigeria under the leadership of President Bola Ahmed Tinubu has already witnessed a series of transformative reforms aimed at repositioning the nation on the path to sustained economic growth.
A statement by his Chief Press Secretary (CPS), Mr. Levinus Nwabughiogu stated that Kalu made the disclosure at the ground breaking ceremony of the Abia Innovation Industrial Park in Owaza, Ukwa West Local Government Area of the State on Saturday where he joined Governor Alex Otti to perform the ritual.
Initiated by the Abia State Government under the leadership of Otti, the project is expected to foster economic growth, create jobs, and position Abia State as a hub for innovation and industrialization when completed.
He said: “The 10th National Assembly, under the dynamic leadership of the Speaker and myself as Deputy Speaker, has been working tirelessly to complement these reforms with legislative actions that support economic growth and development. We understand that a conducive legislative framework is critical to the success of initiatives such as the Abia Innovation Industrial Park.
“Our legislative agenda is centered around creating an environment that encourages innovation, entrepreneurship, and sustainable development.
“We are actively working on bills and policies aimed at promoting small and medium-sized enterprises (SMEs), enhancing ease of doing business, and attracting both local and foreign investments.”