UNDER45CEOS: Anambra Set to overtake Lagos as the SME Capital of Nigeria

Paying Social Media Jobs
Social sharing

ONITSHA — Anambra will become the new SME hub in Nigeria if the state government provides an enabling environment and adopt policies that will be favorable to start ups in order to achieve this feat.

These were part of the submissions by various speakers who bared their minds at the just concluded UNDER45CEOS BUSINESS SUMMIT held on Saturday, 9th October, 2021, at the Presidential hall of Patterson Auditorium, All Saints cathedral, Onitsha.

The well attended business summit was powered by the Ultimate Destiny Uplifters Foundation (UDUF), a not for profit organization, which is committed to inspiring and helping young people attain their lives’ aspirations and fulfill their destinies by rising above mediocrity.

In his keynote, Professor Olusegun Sogbesan (the Director General, Onitsha Business School) while speaking on the theme, BUSINESS REPOSITIONING IN A NEW GLOBAL ECONOMY emphasized the need for startups to be innovative in their ventures and charged government at all levels to give adequate attention to SMEs based on the fact that they hold the key to the economic growth of any country. He further posited that the fluctuations that has become the bane of our currency today was as a result of the glaring neglect of this critical business sector and predicted that unless necessary measures were put in place to encourage Small and Medium enterprises, the economy will continue to nosedive and there is every tendency that the exchange rate of dollar to naira will continue to hit the roof.

Prof Segun charged young entrepreneurs to develop a global mindset, maintaining that though money was essential in any business venture, yet it should not take the place of bankable idea which is the real capital in business parlance, adding that any idea not acted upon will not see the light of the day. He advised entrepreneurs to be focused and honest and encouraged them to always skill up, seeking timely information in order to improve their businesses and explore ways they can interface with regulatory bodies and financial institutions to stay out of trouble and source for funds for their expansion.

READ ALSO  Where Did Senate Presiding Officer Get The Money To Acquire 22 Properties From? – APC

In his welcome address, the founding president of UDUF, Dr. Chinedu Smart Ezuma stated that the UNDER45CEOS BUSINESS SUMMIT was packaged to bring together entrepreneurs at all levels including regulators and financial institutions to explore ways and identify practical models to take on challenges faced by these startups in this part of the country.

The summit was graced by entrepreneurs like Arinze Omenwa, CEO Naira Rice, Amara Okafor of Paint Divah, Destiny Wobuoma founder of DX photo studio and Mrs Ego Okonkwo of Victory model International School, who shared their success stories in business and in unison agreed that nothing can substitute for innovativeness in business and maintained that it has become a necessary ingredient which can take the entrepreneur far in life.

Various government agencies like NAFDAC, NIRSAL MICROFINANCE BANK, STANDARD ORGANISATION OF NIGERIA (SON) participated fully at the summit and outlined ways their various agencies could be of assistance to these young entrepreneurs in maximizing their potentials

Highpoint of the summit were cultural dance and musical performance, product exhibition and presentation to speakers.

To be a volunteer and participate in the training, visit- http://www.udufvolunteerscourse.org/

About Nwankwo Paschal 275 Articles
Nwankwo Paschal is a young and passionate gentleman that likes to explore in different aspects of life. He is an advocate of good governance and will always do everything possible to make sure that the masses get what they deserve from their leaders, through a sound media advocacy. He is currently the leader of 9NEWS NIGERIA reporters in Anambra state and has worked for many organizations as a media director. He is talented when it comes to article writing, blogging, graphic design and many other ICT skills which he possesses. Despite being a medical professional, he still does well in media and publications. His ideology in Media Reporting is, giving you the information that others are hiding from you. You can contact/chat him for News coverages, Information or interviews using: 08135208682 or send an email to ptechcreativity@gmail.com. You can follow him on different social media platforms: follow him on Twitter (@Nwankwopaschal), like his Facebook page (Nwankwo Paschal), follow him on Instagram (@ptechmedia). If you want to be getting all our news updates on WhatsApp, do well to add him up.

Be the first to comment

Leave your comment

Paying Social Media Jobs
Paying Social Media Jobs
Paying Social Media Jobs