Press Release
The need for Arewa SMEs to acquire
requisite skills to trigger
economic development
With the required investment and technology skills sets,
Nigeria and indeed Arewa small and medium enterprises (SMEs)
can liberate the nation from her current economic quagmire,
said Dr Baba J Adamu, Head of
Arewa Center for Regional
Development.
He
said, for the economy to rebound, and see economic growth in
Nigeria and indeed in the Arewa region, the federal and
state governments, entrepreneurs and stakeholders, must play
critical roles in ensuring enterprise development and
requisite skills and technology acquisition.
Dr BJ Adamu, who also heads
iNetworks Canada
noted that no developed and developing economy could grow
without vibrant technologically-driven SMEs, pointing out
that for Nigeria to grow economically, it must begin to
groom young entrepreneurs to develop the right skills that
would secure the future of the economy.
“Nigerian small businesses can actually liberate the country
from the claws of the current economic recession and trigger
economic development if they acquire knowledge of certain
investment and technology skills to achieve such feat. In
this trying time, everyone must do his or her part, that is
why our center, Arewa center for regional development is in
partnership, building business counseling structures to
ensure small businesses are adequately mentored,” he said.
Dr Adamu called on the federal government and stakeholders
and especially the northern governors to invest massively in
skills, infrastructural and technological development in
order to take Nigeria out of recession.
He however, noted that the challenge of the Nigerian
business environment is access to finance but with strong
political will and a concerted efforts by all stakeholders,
that challenges can be overcome through strengthening
Nigeria’s institution, adding that strong institutions and
policy stability would, in turn, strengthen the economy.
"All around the world, politics is all about the people and
how jobs can be created, poverty eliminated and environment:
safe, secured and healthy to live” he said.