The Bank of Industry (BoI) has accepted to collaborate with the Catholic Brothers United (CBU) in order to empower small and medium scale enterprises (SMEs) in the country.

To this end, the CBU, which is a socio-spiritual organisation of the St. Agnes Catholic Church, Maryland, Lagos, has concluded arrangement to host a one day conference titled: “Enhancing Small and Medium Scale Businesses: A Viable Tool for Poverty Eradication,” as part of its contribution to support government’s efforts at developing the sector in order to create jobs for Nigerians.

The conference, which is the 16th in the series of such initiative by the association, was specifically proposed to generate discourse on the myriad of challenges faced by SME’s in the country.

According to a statement, considering the importance of the sector to national development, the Managing Director and Chief Executive Officer of the BoI, Mr. Rasheed Olaoluwa, had been confirmed as a guest speaker at the conference scheduled to hold on the 2nd of August, 2015.

Olaoluwa while accepting to grace the occasion reiterated the bank’s commitment to enhancing productivity of the SME’s.

Commenting on the coming conference, President of the CBU, Mr Emmanuel Uwukhor, said the initiative aims at providing a forum for SME’s to fully understand the inventiveness of the bank.

Source: ThisDay