The SME Bazaar followed an extensive SME Workshop to educate and offer professional assistance to small businesses on the essence of modern day retailing. More than 40 growing businesses showcased their products to SPAR shoppers and the general public. Products included grains, beverages, clothing and merchandise, cosmetics, etc. all manufactured in Nigeria.
Present at the occasion was the Deputy Managing Director of SPAR Nigeria, Mr. Prakash Keswani. He stated that Nigeria has much potential in terms of business ideas and retail growth. “As a Hypermarket business, we are deeply interested in Nigerian products. We need to encourage and support growing businesses to standardise and align with best practices in the modern retail world.”
The Regional Head of the SME Division of the Bank of Industry, Mr. Adetokunbo Akinsola congratulated suppliers at the Bazaar, saying that their products had the potential to go beyond the country’s borders if they remain committed to maintaining high quality standards. He also stated that the Bank of Industry was willing to support growing businesses in achieving their financial goals and objectives.
Ms Doris Onwugamba, Managing Director of the business arm of the Manufacturers Association of Nigeria was highly impressed with the day and stated: “It is evident that Nigerians are interested in Made in Nigeria products. I am excited that suppliers have upgraded packaging and increased registrations.’’
Suppliers were grateful with the opportunity to present their products at the Bazaar. Amede Olisa-Achingale, a producer of organic food products, stated that before the Bazaar she felt limited in her reach to potential customers but through the event had been able to showcase her products for more effective market reach.