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LequteMan
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The continued slump in global oil prices is not a threat to Nigeria's economy, Mr. Bassey James, chancellor of an NGO disagrees with economists and experts. According to him, FG's investing in entrepreneurship development will salvage the situation and save the country.
Excerpt from Vanguard:
Speaking with Sunday Vanguard in Lagos, the Chancellor, Akpabio Centre for Leadership Development, a non-governmental organisation (NGO), established over seven years ago for entrepreneurial development and capacity building in Nigeria, Mr. Bassey James, stressed that the tumbling oil price would not cripple the economy, calling on all tiers of government to invest massively on entrepreneurial development in order to create wealth and sustainable growth.
The Chancellor explained that the best way to sustain the indices of economic growth recorded in the last three years is to put more emphasis on entrepreneurship, skills acquisition and capacity building in various sectors, to make the economy technology driven like what obtains in advanced countries.
"This is the time for all agencies of government to invest sufficiently in entrepreneurship to boost the Small and Medium Enterprises (SMEs) sub-sector. We can do the same by using practical approach to capacity building in various fields, skills acquisition for young Nigerians and human capital development to increase productivity in our economy. There are many countries that are doing well even without oil, so Nigeria would pull out of the crisis soon”, he stressed.
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#Nigeria
Excerpt from Vanguard:
Speaking with Sunday Vanguard in Lagos, the Chancellor, Akpabio Centre for Leadership Development, a non-governmental organisation (NGO), established over seven years ago for entrepreneurial development and capacity building in Nigeria, Mr. Bassey James, stressed that the tumbling oil price would not cripple the economy, calling on all tiers of government to invest massively on entrepreneurial development in order to create wealth and sustainable growth.
The Chancellor explained that the best way to sustain the indices of economic growth recorded in the last three years is to put more emphasis on entrepreneurship, skills acquisition and capacity building in various sectors, to make the economy technology driven like what obtains in advanced countries.
"This is the time for all agencies of government to invest sufficiently in entrepreneurship to boost the Small and Medium Enterprises (SMEs) sub-sector. We can do the same by using practical approach to capacity building in various fields, skills acquisition for young Nigerians and human capital development to increase productivity in our economy. There are many countries that are doing well even without oil, so Nigeria would pull out of the crisis soon”, he stressed.
click here to read more
#Nigeria
