MSME FORUM

Forum of Micro, Small and Medium
Enterprise Business Membership Organization
of Nigeria

A New Dawn for
MSMEs in Nigeria |

The Vision

To be a catalyst for the transformation of the Nigerian MSME sub-sector as a sturdy and dependable spine of the national economy.

The Mission

To galvanize MSME operators across the country towards becoming the productive and industrial stimulus needed to enhance employment generation and economic well-being of the Nigerian people.

Core Values

Engage key players in the MSME sector an opportunity to have right beneficiaries of government interventions.

MSME FORUM

ABOUT US

Thirteen years after the demise of COSSAN, the idea of an umbrella organization resurged with a new thinking and a new name. The move to bring the idea back to life began on September 3, 2015 through a process initiated, yet again, by the former president of NASSI, Dr. Albert Olajide Akinyemi with Mrs Rose D. Gyar of Global Centre for Human Empowerment and Entrepreneurship Development (GLOCHEED), mobilizing BMO leaderships for an inaugural meeting to consider the desirability and possibility of setting up the MSME FORUM...

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The Official Inauguration

The official inauguration of the MSME FORUM came up on October 6, 2022, at the pavilion of the Raw Materials Research and Development Council, RMRDC, Maitama, Abuja. The umbrella body for all MSME Associations in Nigeria was inaugurated by the former Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo, GCON. He was represented by Dr. Akin Soetan, a special assistant in the office of the former Vice President.

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The Official Inauguration

MSME FORUM

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OUR SERVICES

Pursue a comprehensive development agenda that frontally and sustainably address under-performance in general and the myriads of challenges that had bedeviled the sector in its fragmented states in particular.
Operate a website that showcases all the over 41 million MSMEs in Nigeria, what they do, where they are and what they need to create millions of jobs annually.
Create a platform for warehousing and harmonizing the common interests of the BMOs, and presenting uniformly and mutually accepted procedures for carrying out their activities.

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MSME FORUM

MEMBERSHIP

Associations of all MSME operators in Nigeria
Associations of MSME operators in Nigeria, otherwise referred to as MSME BMOs, with over 41 million operators under them, constitute the bulk of the MSME FORUM's membership strength. They are drawn from all sectors – mining, agriculture, manufacturing, trading, cottage, banking and services.
Corporate/Institutional Membership
Corporate/Institutional Membership made up of relevant ministries, departments and agencies, and development finance institutions that share similar aspirations with the organization and can impact on its mission and vision.
Women Cooperatives Membership
Women Cooperatives Membership made up of women involved in agricultural activities, trade and services.
Honorary Membership
Honorary Membership – made up of successful men and women from the academia and the industries for their positive impacts in the economic and industrial development of the country.

BECOME A MEMBER

Rationale for Establishing the

MSME FORUM

For a long time, the fortunes of the MSME sector regarded as the engine of economic growth have been left to the vagaries and discordant voices of its various BMOs with no proper coordination and effective synergy needed to tackle the issues and challenges confronting the sector. These issues and challenges include lack of access to finance, inappropriate entrepreneurial skills, lack of institutional capacities, inadequate access to workplace and technology…

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MSME FORUM

BENEFITS TO STAKEHOLDERS

Financial Services/Regulators

One stop shop to engage/harness information for planning towards the realization of their specific mandates.
Pool of data for research in support of the economic development of the country.
Platform for coordinated approaches to assisting MSMEs to contribute optimally to sustained economic growth and development.

Financial Institutions

As more informal businesses migrate into formal, members' activities would boost robust banking habits and eventually get integrated into formal financial system for an enduring financial relationship and inclusion.
Effective disbursement of credits or loans with support from the MSME FORUM, would enhance efficient monitoring and eventually, recovery of such loans from members.
A reasonable financial flow into the capital market as a result of huge business inflow and outflow in the system as businesses grow and are formalized.

Development Finance Institutions

Organized members for structured training programmes
Pool of appraised and prioritized projects based on sound credit scoring as a basis for action by PFIs.
Could undertake collaborative assessment of the sector challenges and mapping out collective strategies to address them.
Database of beneficiaries and providing a ready pool of clients and planning to graduate them from one level/scale to the other.

Development Partners/Agencies

Enhanced interest to intervene in the Nigerian economy owing to improved confidence in the MSMEs.
Increased opportunities for technical support, capacity and skills development for the MSMEs in Nigeria.
Increased ability to identify areas where to invest resources and have the maximum technical cooperation's goals and objectives.
Opportunity to identify promising businesses to link up for attachment, mentoring and business growth.

Business Membership Organizations

Opportunity to access government interventions on behalf of their members.
Coordinated training programme from SMEDAN, ITF, NEPC, NIPC, SON, etc and through in house Training Department.
Guidance for members to obtain required certification of their products in line with the laid down requirements from the relevant government agencies.
Assistance to develop and transform into formal sector by giving them the right statutes.

Individual MSME/Citizens

More vibrant MSMEs and increased employment.
Enhanced and speedy registration of businesses through MSME FORUM assistance.
Citizens shall enjoy improved quality products and services as the MSME FORUM shall ensure the implementation of standards for products and services as provided by the relevant regulatory agencies of the Federal Government.

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MSME FORUM

GOVERNING COUNCIL

MSME FORUM

Take a look at our Partners

Alone we can do so little; together we can do so much .” — Helen Keller. “FORUM of Micro, Small and Medium Enterprise Business Membership Organization of Nigeria has developed a good business partnerships with government and private organizations who believe in our dream to make this FORUM a huge success.