The Minister of State for Industry, Trade and Investment, Aisha Abubakar, on Thursday said there was a need to direly address the poor level of budgetary proficiency among administrators of Micro, Small and Medium Enterprises in the nation.

Abubakar said that if left unchecked, the poor level of monetary education among entrepreneurs could debilitate the development of the MSME area.The event was themed ‘Building feasible organizations: The case for developing budgetary education’.

Aisha said while the MSME part was the motor of monetary development, its effect on the Nigerian economy was being compelled because of budgetary proficiency issues.

“In spite of the innate advantages in this huge pool of MSMEs, their reasonability and development are consistently debilitated by various variables that have a solid relationship with limit constraint when all is said in done and poor budgetary education specifically.