About
Access to capital and credit facilities has been described as one of the constraints facing optimal production in Sub Sahara Africa. This panel session will analyze the availability of financial products offered to the mid-sized agroindustry in production and processing, thereby carefully generating action plans to improve the ease of business locally and internationally. Furthermore, discussion on how these proffered financial solutions can create an enabling environment for businesses by looking at existing financial schemes provided by the Nigerian Government and private banking institutions.
Medium-sized businesses are critical to the development of any economy as they possess great potential for employment generation, improvement of local technology, output diversification, development of indigenous entrepreneurship and forward integration with large-scale industries.
In Nigeria, the medium-sized businesses sector has been under gross underperformance, undermining its contribution to economic growth and development. The issues affecting mid-sized enterprises are; an unfriendly business environment, poor funding, low managerial skills and lack of access to modern technology (FSS 2020 SME Sector Report, 2007). Among these, the shortage of finance occupies a very central position. These considerations underscore the relevance of the panel session as an important component of the Nigerian agrofood plastprint pack conference.
Session objectives:
This panel session will provide insights on best practices and plans to offer lasting solutions to finance accessibility for organizations that will further enhance the economy.
Medium-sized businesses are critical to the development of any economy as they possess great potential for employment generation, improvement of local technology, output diversification, development of indigenous entrepreneurship and forward integration with large-scale industries.
In Nigeria, the medium-sized businesses sector has been under gross underperformance, undermining its contribution to economic growth and development. The issues affecting mid-sized enterprises are; an unfriendly business environment, poor funding, low managerial skills and lack of access to modern technology (FSS 2020 SME Sector Report, 2007). Among these, the shortage of finance occupies a very central position. These considerations underscore the relevance of the panel session as an important component of the Nigerian agrofood plastprint pack conference.
Session objectives:
This panel session will provide insights on best practices and plans to offer lasting solutions to finance accessibility for organizations that will further enhance the economy.
- Access to transparency on financial performance and finance accessibility
- The pursuit of financial inclusion as a vehicle for economic development through local businesses
- Economic indicator pointers to support companies in monetary making decisions
- How a change in the external environment, such as a pandemic or a recession, can affect the company's ability to operate as agreed upon when receiving the credit facility can have a negative impact on the company's survival
- How loan providers can develop new products, expand their reach into new geographic areas, and address other strategic and operational challenges
- Promotion of financial infrastructure; considerable attention has gone into designing new laws, regulations, and guidelines; these economic infrastructures could help Nigeria's financial sector modernise and significantly improve access to

