AKSG Reiterates Resolve to Strengthen SMS Sector

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The Akwa Ibom State government has reiterated its resolved to strengthening the Small and Medium Scale (SMS) sector to compliment the gains of the foreign direct investment and boost the local economy.

This was made known by the State Commissioner for Trade and Investment, Prince UbongAkpabio at the ongoing 2019 budget implementation appraisal by the Akwa Ibom State House committee on Finance and Appropriation.

Hon. Ukpong while presenting the Ministry’s budget implementation maintained that a strong Small and Medium Scale (SMS) sector leads to a viable and stable economy as well as promoting local contents of the State.

He itemised some proposals of the Ministry towards developing the Small and Medium Scale (SMS) Sector and to also improve the internally generated revenue of the state.

The commissioner lamented difficulties in enforcing revenue generation and the activities of produce smugglers.

The Commissioner also Appealed to the committee to assist in appropriating funds for the Ministry to checkmate the anomaly for an improved revenue generation in the sector.

Also, the Commissioner for lands and water resources, Mr. ImeEkpo, said the State government is concluding plans to automate the entire land registry of the state.

Mr. Ekpo said the ministry is working on proposals presented and that as soon as the dry season sets in the exercise would be carried out.

Mr. Ekpo noted that the ministry within the period under review has paid compensation for the site of the coconut refinery in MkpatEnin, opened up some urban roads and preparation of site plan for the Liberty Free Trade Zone in 6 local government areas of the state.

Another MDAs that made a presentation was the office of the Surveyor-General and the Uyo city Capital Development Authority.

In a general response, the chairman of the Committee, Mr. UduakUdudoh, noted that the essence of the exercise was to give the House insight to the progress of the MDAs and to help the house make informed decisions during the budgeting process.

The Chairman urged the MDAs to streamline their budgets and prioritize their activities to ensure they complete all ongoing projects in their domain ahead of time before the electioneering year close in.

He further charged heads of MDAs to consolidate on laid down gains of the present administration and contribute their quota effectively to the development, growth and progress of the State in their respective sectors

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