Procurement knowledge gap shuts small businesses out of FG contracts — Minister
- ✦He said the knowledge gap increased the cost of doing business and deepened small businesses’ dependence on intermediaries, stressing the need to give women-owned enterprises and other small businesses equal opportunities to compete.
- By Yinka Kolawole Many small businesses in Nigeria are missing out on Federal Government contracts due to inadequate knowledge of public procurement procedures, Minister of State for Industry, Senator John Enoh, has said.
- “Many businesses are excluded because of capacity constraints, limited knowledge, weak internal processes and insufficient capability,” the minister said.
- He said the knowledge gap increased the cost of doing business and deepened small businesses’ dependence on intermediaries, stressing the need to give women-owned enterprises and other small businesses equal opportunities to compete.
By Yinka Kolawole Many small businesses in Nigeria are missing out on Federal Government contracts due to inadequate knowledge of public procurement procedures, Minister of State for Industry, Senator John Enoh, has said.
Frequently Asked Questions About This Story
What is the latest development regarding Federal Capital Territory?
By Yinka Kolawole Many small businesses in Nigeria are missing out on Federal Government contracts due to inadequate knowledge of public procurement procedures, Minister of State for Industry, Senator John Enoh, has said.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include Federal Capital Territory.
What are the broader implications of this development?
He said the knowledge gap increased the cost of doing business and deepened small businesses’ dependence on intermediaries, stressing the need to give women-owned enterprises and other small businesses equal opportunities to compete.
