The Young CEO Initiative has urged the establishment of a ministry for young entrepreneurs to help Nigeria’s SME sector.
Mr. Aigbe Omorege, the initiative’s founder, claimed on Monday in Benin, Edo State, that the creation of the ministry was important to relate directly to young CEOs and fuel the country’s entrepreneurial spirit.
According to Omorege, young entrepreneurs employ the greatest number of workers, producing the greatest amount of revenue in terms of the country’s Gross Domestic Product.
Read also;
- Nigeria’s $1tr goal hinges on productivity, innovation
- IFAD, IITA boost agribusiness support for young entrepreneurs
- Enugu unveils livestock projects to boost agribusiness
- ihatch demo day showcases emerging startups powering Nigeria’s SME growth
- Lagos boosts security partnership to strengthen business confidence
“We, the young CEOs, are calling for the establishment of a ministry for young entrepreneurs to boost Small and Medium-scale Enterprises in Nigeria,” he stated.
“We also want the President to direct the Central Bank of Nigeria to make public the currency swap agreements between the CBN and the Central Bank of the Republic of China so that our people can benefit.”
“If we know this early enough, or if it is made public, it helps to reduce the stress of sourcing for dollars.”
Omorege, the CEO of Intercontinental Paint, encouraged President Bola Tinubu to establish an enabling climate for businesses to prosper as soon as possible.
