Business
SON Shuts 15 Companies, Certifies 100 Others In Rivers
Standard Organisation of Nigeria (SON) has shut fifteen companies producing water, and certified over 100 manufacturing companies in Rivers State.
Making this known recently in an interview with newsmen in Port Harcourt, the State Coordinator of SON, Samuel Ayuba, said the companies were basically shut because of the unhygienic environment in which they carried out their work, and the low standard of their materials.
The Coordinator warned that SON will not spare any company or individual that throws caution to the winds by lowering standards in the course of production, which could endanger the lives of citizens.
He urged the public to always report to SON anybody or company involved in such illicit business through text messages, calls or coming directly to the agency, assuring that prompt attention will be given to such information.
Alternatively, he said, people can visit the SON’s website, where toll-free telephone numbers are provided, to make their complaints.
“SON as a Federal Governnment Agency, is charged with the responsibility of enforcing standards and is poised to discharg its statutory responsibility.
“Just give us the information and watch what we are going to do with it. I assure you that the SON, Rivers State Branch, is a force to reckon with and will at all times ensure that only products of high quality are supplied to the markets, warehouses and shops in Rivers State. The idea is to ensure that people have value for their money,” the Coordinator said.
Ayuba stated further that the Rivers State branch of SON under his watch certified about 100 companies that satisfied the laid down requirements for standards in their production for such operations.
He acknowledged the fact that COVID-19 affected activities in all spheres of the economy nationally and even globally, adding that his branch successfully discharged its duties appropriately.
The SON helmsman said they also conducted market surveillance to ascertain the quality of products that are sold to the public.
According to him, they addressed a lot of consumer complaints within the period under review and the products were in most cases replaced to the satisfaction of the customers and sellers.
He urged consumers not to hesitate in reporting to SON any case of either forging their products or his Agency’s approvals, saying that the Director General (DG) of SON, Mallam Salim Farouk, is passionate about prosecuting offenders of substandard products, noting that some have been remanded in prisons across the country.
Ayuba identified limited resources and attitude of the people in cooperating with the SON towards maintaining standards in the country as major challenges confronting his Agency.
Commenting on the level of sensitisation of the people on the functions of SON, the Coordinator said the Organisation runs a regular sensitisation programme on television, print and even public enlightenment campaigns, stressing that SON is a housewhole name in standards enforcement in Nigeria.
He called on Nigerians to partner with *the Agency by reporting or complainin where things are going around them”.
Kolomoni Microfinance Bank has awarded grants to five female entrepreneurs to boost their businesses as part of its commitment to promoting women in business.
The initiative, organized to mark International Women’s Day, was themed “Accelerate Her Growth.”
According to the bank, the decision to support women was inspired by World Bank data, which shows that 41 percent of Nigeria’s micro-businesses are owned by women.
Delivering the keynote address, business strategist, Ebun Akinwale, emphasized that entrepreneurship requires resilience, creativity, and passion.
She illustrated this by recounting her own business challenges and highlighting the critical role passion plays in overcoming obstacles.
The event underscored Kolomoni’s mission to empower women and support small businesses in Nigeria.
Other speakers at the occasion were Odunayo Oyebolu, a seasoned entrepreneur; Victori Ajiboye, a marketing strategist with global experience; and Simi Ojumu, a finance expert.
The beneficiaries said the financial support was a validation of their hard work and a boost of confidence towards scaling through in their businesses.
The winners were selected after sharing their entrepreneurial journeys and presenting business proposals for financial assistance from the bank.
The 8th edition of the Nigeria Small and Medium Enterprises (SMEs) Summit and Awards (Nigeria SMEAwards) is set to take place in Lagos for the first time in its history, marking a significant milestone for this prestigious event.
Endorsed by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), the annual awards celebrate the entrepreneurial spirit driving Nigeria’s economy.
The visionary convener of NigeriaSMEAwards 2025, Adedayo Olalekan, said, “Governors from Zamfara, Sokoto, Ebonyi, Borno, Enugu, Ekiti, Benue, and Kaduna States have all implemented transformative initiatives that have greatly benefitted local enterprises.
“Their contributions will serve as a beacon of inspiration for the nation.”
Speaking at a recent press conference in Lagos, Olalekan emphasised that the event would introduce a fresh and unique approach, moving away from tradition.
“Despite economic challenges, Nigerians continue to show an unwavering commitment to progress”, he said.
He noted that the awards will not only honor outstanding individuals, but also recognise the critical role state governments play in nurturing vibrant SMEs.
“State governments have been instrumental in fostering a supportive environment for SMEs, which in turn benefits both the awardees and the larger economy.
“With major banks like Providus, Access, and First Banks competing for top honors, the 8th NigeriaSMEAwards promises to be a night of celebration, recognising exceptional contributions to Nigeria’s SME landscape”, Olalekan added.
Amid global challenges such as inflation, geopolitical instability, and the ongoing conflict in Ukraine, Nigerians continue to show remarkable resilience.
Their efforts, according to reports, have contributed to job creation, economic growth, and overall prosperity, with SMEs at the forefront of this success.
This year’s awards will recognise governors who have made significant strides in advancing the SME sector within their states.
Small and Medium Enterprises (SMEs) consultants in Rivers State have called on entrepreneurs to be focused and avoid distractions.
The experts, who were speaking on the recent developments about the change of leadership in the state, said entrepreneurs need to put more efforts in their businesses in order to break even in the present situation in Rivers State.
Speaking in a chat with The Tide, an international SMEs consultant, Amb. Larry Goodwill Ajiola, said the political moves is capable of distracting SMEs who are not grounded in their businesses, adding that “the serious minded business men and women would utilise the opportunity to increase their revenues”.
Amb Ajiola, who is the President and Chief Executive Officer (CEO) of Rumuomasi Co-operative and Credit Society Limited, Port Harcourt, said, “Rugged entrepreneurs look out for business opportunities in situations around them, whether good or bad”.
He reiterated that the loan facility given to 3,000 SMEs in the state revived and expanded businesses, adding that the empowered businesses should continue to push, no matter the situation.
“credit is a powerful tool for achieving financial security.
“We can only keep imagin the economic value that the over 3,000 MSMEs would add to the positive economic dynamics of Rivers State and the Local Government Areas in terms of Gross Domestic Prooduct (GDP), increased tax returns, employment creation, income distribution, and production of goods and services”, he said.
Another SMEs Expert, a business consultant and SMEs trainer, Mr. Chisom Sam-Orji, in his advice, noted that every SME in the state should realize that change is the only constant thing.
He said SMEs should also know that “tough times never last, but tough people do”, adding the need for every entrepreneur to stay focused on creating value and remain resilient.
“This is not the time to be distracted by every noise around your space, but to maximize every time you have to focus on the essentials and keep creating value.
“For some people, it may just be the time to diversify, create new products and services to serve a new or existing market. But this must be based on the facts available to you via research and market surveys”, he said.
The SMEs expert also said the present time in the life of an entrepreneur is a time to cut off unnecessary excesses that surround one’s business.
“Those extra costs that may hamper your growth in this season and beyond, and focus on just essentials.
“SMEs should find certain leverages that are available to aid their business growth. This could be in form of grants, knowledge, and other leverage tools.
“Collaboration is one big way to grow in this season. Finding ways to collaborate with like minds instead of competing could enable a product or service gain advantage in the market and beyond.
“They should also find ways to sustain and grow their customer relationship as this is key to sustaining business flow. They must seek new and efficient ways to serve their customers and gain their loyalty”, he stated.
He further called on every entrepreneur to keep building capacity and never take their eyes off their visions, adding the need to muster every courage it takes to keep building and moving forward.
Lilian Peters