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Monday 09:00 - 16:00 Tuesday 09:00 - 16:00 Wednesday 09:00 - 16:00 Thursday 09:00 - 16:00 Friday 09:00 - 16:00

Bayelsa State Microfinance & Enterprise Development Agency

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Bayelsa State Microfinance & Enterprise Development Agency

An agency setup to drive MSME development in Bayelsa VISION AND MISSION STATEMENTS OF THE BAYELSA STATE MICROFINANCE AND ENTERPRISE DEVELOPMENT AGENCY.

VISION STATEMENT:
To provide easy credit facilities and nonfinancial services to low income households and vulnerable groups in Nigeria. MISSION STATEMENT:
To improve the entrepreneurial spirit, reduce poverty and abridge the Socio-economic gap in Bayelsa State. OBJECTIVES:
1. To facilitate, encourage and support extension of financial service to micro, small and medium enterprises in the State

and provide guarantees for micro, small and medium enterprises;

2. To facilitate strategic agricultural financing programmes for micro, small and medium enterprises in the State;

3. To strengthen infrastructure and build capacity for micro, small and medium enterprises;

4. To facilitate strategic linkages between financial institutions, community development associations, non-governmental and business associations for the purpose of supporting micro, small and medium enterprises;

5. To coordinate all micro-credit, small and medium enterprise finance and enterprise development schemes and programmes in the State and to procure grants, loans etc and

6. To undertake business eductions and orientation for business persons in the State in order to create and sustain the spirit of entrepreneurship among the people.

07/10/2022

BYMEDA/NG-CARES ORGANISES TRAINING FOR STAFF

The management of the BYMEDA/NG-CARES organised a two-day training on file management to equip staff for effective service delivery on the NG-CARES project and their official duties.

The training which dwelt on the dynamics of file management such as Electronic File Management; File and Filing Process, and File Safe Keeping was held at the Bayelsa State Tech Hub Training Hall, Transparency Plaza along Ox-bow Lake Road in Yenagoa.

Speaking, the Director General of the Bayelsa State Microfinance and Enterprise Development, Dr. Embeleakpo Apere, noted that the training was aimed at mitigating the anomalies associated with file management and also enhance staff productivity.

He advised staff to take advantage of the training to learn the novel and improve what they know.

On his part, the Project Manager, Bayelsa NG-CARES, Mr. David Agonodi pointed out that the training would not only be relevant to participants in their present official assignments but also in the future and therefore advised them to take the training seriously.

Experts in the field, Mr. Odusi Asieri, Mr. Yeri Bekeboh and Mr. Temple I. Mondebo delivered the lectures.

30/09/2022

NIGERIA AT 62 AND BAYELSA 26

The Chairman, Board of Directors, Hon. Godson Mark Torukuru, the Director General, Dr. Embeleakpo Apere, the Secretary, Hon. Fafi Prezigha, the management and the entire staff of the Bayelsa State Microfinance and Enterprise Development Agency, felicitate with the President of the Federal Republic of Nigeria, Muhammadu Buhari (GCFR), the Vice President, Yemi Osibanjo (GCON) and all Nigerians on Nigeria’s 62nd Independence anniversary.

We also felicitate with the Governor of Bayelsa State, His Excellency, Senator Douye Diri, his Deputy, Sen. Lawrence Ewhrudjakpo, the Speaker and members of the State House of Assembly and the entire peace loving people of Bayelsa on the anniversary of Nigeria’s Independence and State creation.

The creation of Bayelsa State has brought about transformation of the Izon Nation. Your Excellency, you have demonstrated strong determination to uphold the democratic principles in all ramification by extending the democratic dividends to the citizens of our dear State with all sense of transparency and inclusiveness.

Under your leadership, Bayelsa State has continued to witness giant strides in areas of health, education, agriculture, human capital development and microfinance businesses.

We pray God to grant you wisdom and the requisite resources to move the state to greater height.

Dr. Embeleakpo Apere (Esq.)
Director General, Bayelsa State Microfinance & Enterprise Development Agency.

29/09/2022

BYMEDA FELICITATES WITH HER SECRETARY ON BIRTHDAY ANNIVERSARY

All of us at the Bayelsa State Microfinance and Enterprise Development Agency felicitate with you, our Secretary, Hon. Fafi Prezigha on the occasion of your birthday anniversary.

We thank God for His grace upon your life and pray this year's birthday celebration will bring you favour, good success and your heart desires.

Happy birthday sir.

27/09/2022

Admission into Africa SME Hall of Fame: Ambassador Jankee decorates Gov. Diri

The President of All Africa Association for Small and Medium Enterprises (AAASME) and Current Mauritius Ambassador to Russia, H.E,Amb(Prof.) Chandan Kheswer Jankee, has officially decorated the Bayelsa State Governor, Senator Douye Diri, with his award.

The Governor was recently admitted into the Africa Small and Medium Entreprises (SME) Hall of Fame for his contribution to the growth of SMEs in the State.

The recognition was made at the first African Union Small and Medium Enterprises (AUSME) annual forum held in Cairo, the Egyptian capital with participants drawn from different African countries.

The AUSME President had promised to visit Yenagoa to officially perform the ceremony, hence his current visit to the Bayelsa State capital.

Photo Credits: Moses Sule

31/08/2022

Every great dream begins with a dreamer.

Always remember, you have within you the strength, the patience, and the passion to reach for the star to change the world.

Welcome to September.

Happy New Month.

22/08/2022

BYMEDA FELICITATES WITH HER DG ON BIRTHDAY ANNIVERSARY

The Chairman, Board of Directors, Hon. Godson Mark Torukuru, the Secretary, Hon. Prezigha Fafi and the entire staff of the Bayelsa State Microfinance and Enterprise Development Agency (BYMEDA), felicitate with our pragmatic Director General, Dr. (Barr.) Embeleakpo Apere on this auspicious occasion of your birthday anniversary.

Director General Sir, you have shown exceptional leadership qualities embodied in humility, diligence, and simplicity with uncommon commitment to service of humanity and to the vision of the Agency. We particularly, appreciate your efforts at providing conducive office milieu in which the welfare of staff is prioritized.

We are optimistic that under your guidance, the Agency will strive towards excellence.

May God give you wisdom, long life in good health and the necessary resources needed to move the Agency to an enviable height to the admiration of all.

A happy birthday.

20/08/2022

BYMEDA NG-CARES RA3 LAUNCHES COMMAND CENTRE, TRAIN STAFF ON OPERATION

In a bid to enhance efficiency in the delivery of BYMEDA NG-CARES RA3 project, a well equipped Command Centre was set up at the BYMEDA NG-CARES RA3 office and launched yesterday following its completion.

The Centre provides a platform for the management of all data including applicants/application, payments details and other information regarding the Nigeria Covid19 Action Recovery and Economic Stimulus (BYS NG-CARES) scheme initiated by World Bank in conjunction with the State Government to give grants to businesses that were adversely impacted by the coronavirus pandemic.

The launching also saw the training of staff on the dynamics of how to man and operate the centre and its facilities.

Speaking, the Director General of the Bayelsa State Microfinance and Enterprise Development Agency (BYMEDA), Dr. (Barr.) Embeleakpo Apere, commended Bank of Industry (BOI) for a job well-done and the timely delivery of the command centre project, adding that, the act has reaffirmed the Bank as a trustworthy institutions.

He urged management and staff to put the centre into good use.

03/08/2022

BYMEDA DG CALLS FOR PUBLIC-PRIVATE PARTNERSHIP ON SME DEVELOPMENT

Multinationals and other corporate organizations operating in Nigeria have been called upon to join force with government in accelerating sustainable and inclusive growth and development of Agri-business and other aspects of SMEs in the country.

The Director General, Bayelsa State Microfinance and Enterprise Development Agency, Dr. (Barr.) Embeleakpo Apere made the call during the opening ceremony of the Agri-business Development and Empowerment Programme (ADE) organized by the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) at Secretariat Annex 5 in Yenagoa, Bayelsa state Capital.

Dr. Apere noted that Agriculture is a substantial contributor to local, state and national economies with capacity to exert positive rippling economic effect on other sectors, adding that, for agriculture to be more impactful must be viewed as a business.

The DG noted that, the ADP was in line with the prosperity policy directive of the Governor Douye Diri-led government which tilts towards exploring all aspects of agriculture and its value-chain alongside other areas to bring prosperity to Bayelsans.

The BYMEDA Boss explained further that the Bayelsa State Microfinance Enterprise Development Agency (BYMEDA) was established by the State Government to support, encourage and develop micro, small and medium enterprises in all sectors including, Agriculture, and therefore assures of the agency’s readiness to partner organization with similar vision.

While commending SMEDAN for organizing the Agri-business Development and Empowerment programme, he pointed out that, it will help unleash and enforce agricultural transformation in Nigeria by providing support, knowledge and skill upgrading for the development and empowerment of start-ups and existing agribusiness as well as create a more efficient value chain through agricultural cooperative societies and associations.

The Director General who was represented by the Director, Human Resource Management, Mr. Temple Mondebo, therefore, urged participants to take advantage of the programme to better their lots as well as contribute to the socio-economic development of the State and Nigeria at large.

Earlier, the Director General, SMEDAN, Mr. Olawale Fasanya, said the programme (ADEP) is designed to provide functional knowledge, networking/linkages and skills upgrade to start-ups and existing cooperative societies/commodity associations in order to actualize agricultural transformation in Nigeria.

He noted that ADEP which would empower at least 150 youths and women in Bayelsa State, comprised sensitization/awareness creation, agripreneurship training and machinery support to the beneficiaries.

Also present were: the Commissioner for Labour, Employment and Productivity, Hon. Stanley Braboke, the Commissioner for Trade, Industry and Investment, Hon. Federal Otokito, the Rector, Institute of Entrepreneurship and Vocational Training, Mr. Edwin Zuobomudor among others.

01/08/2022

Happy New Month Of August.

30/07/2022

BYMEDA HONOURS DG, DR. (BARR.) EMBELEAKPO APERE ON HIS CALL TO THE NIGERIAN BAR

Management and staff of the Bayelsa Microfinance and Enterprise Development Agency (BYMEDA) organized a welcome-back event in honour of the Director General, Dr. Embeleakpo Apere following his return from Abuja where he was admitted into the Nigerian BAR.

Speaking during the event, the Chairman, Board of Directors, Hon. Godson Torukuru, said Dr. Embeleakpo Apere has distinguished himself in many fields through hardwork and diligence which also accounts for his recent achievement, noting that his appointment as DG was ordained by God to bring blessing to the state through the agency and its subsidiaries.

The Chairman who said his achievements were worth celebrating, added that he was happy to associate with him and prayed God to move the agency to greater heights through him.

Speaking also, the Secretary of the Agency, Hon. Prezigha Fafi, said the successes of BYMEDA have attracted consistent development under his benevolence and quality leadership, which according to him has elevated its leaders to positions of prominence.

Describing Dr. Embeleakpo as an erudite, pragmatic and humble man, he noted that his call to BAR has brought honour to the agency and positioned it as a stepping stone to all who aspire to impact society positively.

The Secretary who congratulated the DG, said the whole of BYMEDA was proud of his many achievements, particularly his admission into the league of learned men.

In their separate goodwill messages, the Project Manager, BYMEDA NG-CARES, Mr. David Agonodi, the Board Directors, Hon. Ayebaemi Ikelemo, Hon. Nimis Samuel, and Hon. Akoso Napoleon and the HRM, Mr. Temple Mondebo described the DG as a team player and a focused man with flare for excellence, noting that his leadership has brought purposefulness and enhanced their knowledge in their official duties.

Responding, the Director General who said the welcome party came as a surprise to him, appreciated the Chairman, Board of Directors, the Secretary, management and staff for the show of love and support throughout the period.

Highpoint of the event was cutting of cake.

Present were HODs and staff of BYMEDA, Bayelsa State Tech Hub, the BYMEDA NG-CARES.

27/07/2022

BYMEDA CONGRATULATES HER DG ON HIS CALL TO BAR

The Chairman, Board of Directors, Hon. Godson Mark Torukuru, the Secretary, Hon. Prezigha Fafi, the management and entire staff of the Bayelsa State Microfinance and Enterprise Development Agency (BYMED) heartily congratulate the Director-General of the Agency, Dr. (Barr.) Apere Embeleakpo on the occasion of your call to BAR and swearing-in as Barrister and Solicitor of the Supreme Court of the Federal Republic of Nigeria today 27th July, 2022.

Sir, the Agency is super proud of your brilliant academic achievements which includes attainment of a PhD degree from the prestigious Delta State University, Abraka two years ago and achieving academic excellence by passing the Nigerian Law School (Bar) exams and thereupon emerging as one of the candidates to be called to the Nigerian BAR today.

Director General sir, your success is a testimonial of consistent hard work, perseverance, discipline, determination, zeal and courage. You are indeed an inspiration to your generation.

We are certain that you will use the opportunity to serve the greater good of mankind and provide justice for the defenceless.

We wish you many fruitful years in your noble career as a minister in the temple of Justice.

Signed:

Hon. Godson Mark Torukuru
Chairman

Hon. Prezigha Fafi
Secretary

22/07/2022

Be Patient!

To be a successful entrepreneur, you need to have the ability to do your bit and then take a breath, wait, and watch things take shape, instead of forcing it to bend your way.

You must understand it takes years to build up a business and as an entrepreneur, you can't possibly expect immediate results in most situations.

Address

3rd Floor, Transparency Building, Ox-bow Lake Road
Yenagoa

Opening Hours

Monday	09:00 - 16:00
Tuesday	09:00 - 16:00
Wednesday	09:00 - 16:00
Thursday	09:00 - 16:00
Friday	09:00 - 16:00

Website

http://www.bymeda.com/

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