Over 200 Micro, Small and Medium Enterprises (MSMEs) have said that the Edo Production Centre promoted by Governor Godwin Obaseki to support small scale businesses and provide opportunities for them to scale their operations, will boost productivity and wealth creation in the state.
The small-scale business operators belonging to the Manufacturers Association of Nigeria (MAN) and National Association of Small-Scale Industrialists (NASSI), indicated interests to site their businesses at the center with the intention of taking advantage of the business support opportunities and conducive shared working space it provides.
Comrade Valentine Asuen, a member of MAN, said the incentives which the Edo Production Centre offers will enable businesses run at minimal cost, as the center provides a one-stop-shop for them to enjoy economies of scale as well as low cost of production.
He said what discourages small business operators in most cases is the cost of rent and power, which stifles their growth, noting
An entrepreneur, Mr. John Idemudia, on his part, said “At the last meeting we held with the representatives of the state government, we were assured that the center will host different businesses such as furniture makers, cobblers, welders, bakers, polythene makers and a number of other interested small business owners. In a matter of weeks, it will become easier for customers to have access to different products to be manufactured at the center.”