Globacom Sees SMEs as Backbone of Countries’ Economy, Progress


Telecommunication operator, Globacom, has restated its commitment to the growth of the Small and Medium Enterprises (SMEs) in Nigeria, describing them as the economic catalysts for the leading nations of the world.

The company said at the Nigerian-American Chamber of Commerce’s 2017 African Foods and Products Conference, which it sponsored over the weekend that it would, through its cutting-edge products and services, support SMEs to help drive the economic recovery of the country.

In a presentation made at a two-day event, which had in attendance small and medium business owners from various sectors of the economy, including agriculture, manufacturing, information and communications technology, Globacom said SMEs had the capacity to drive technological change and growth in the economy. “They are the real catalyst in private sector’s development,” it added.

Tega Agofure of Glo Business Solutions, who made the presentation, observed that 90 per cent of the manufacturing and industrial sectors in the country fall under SMEs, adding that the International Finance Corporation (IFC) had also affirmed that 96 per cent of total businesses in Nigeria are driven by the SME sector.

He explained that SME Flexi is one of the company’s advanced solutions that could assist the growth of SMEs in Nigeria, adding that Globacom would soon energise other core business solutions that would bring about the needed transformation in the SME sector.

Agofure described Glo SME Flexi as one-of-its-kind integrated plan ‘with unmatched value’ that gives users the flexibility to call and use the internet without having to separately buy data bundles.

According to him, the package is available in various denominations to suit the wallet of the SMEs. They include SME Flexi 500, SME Flexi 1000, and SME Flexi 2000, adding that each of these denominations gives its users specific talk time and certain number of bytes for data use.

“Glo SME Flexi gives you the flexibility to use either voice or data with the same bundle subscription, for instance, SME Flexi 500 automatically gives its users 60 minutes of talk time or 650 MB of data while SME Flexi 1000 gives 125 minutes of talk time or 2000MB of data and SME Flexi 2000 give 275 minutes of voice call or 5000MB of data,” Agofure explained.

Advising SMEs on the way forward, Globacom urged them to embrace “technological advancement, proper accounting solutions to reduce risks, integrated but flexible voice & data plans and online training on business skills”.

Earlier, Minister of Trade, Industry and Investment, Dr. Okechukwu Enelamah, had, in his keynote address, assured that the Federal Government is working towards creating a conducive atmosphere for players in the economy to thrive.




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