The Managing Partner, Baileycole Consulting, has urged the
Federal Government to be proactive in implementing policies on micro businesses
for rapid economic transformation.

Tubi said in an interview with the newsmen recently that
since small-scale businesses had the capacity to grow the economy, the
government should channel resources to the micro-business sector to reduce
poverty.

The consultant described cottage industries as the catalyst
of economic growth, saying: “Every economically viable nation in the world has
good programmes for small and medium scale businesses.’’

Tubi said the business climate in Nigeria was not so
favourable because of inconsistent economic policies.

“When you want your economy to grow, you have to stimulate
it with various economic policies,’’ he said.

Tubi urged government to assist potential small scale
investors with funds and also create an enabling environment that would allow
such businesses to thrive.

He said “it doesn’t have to be huge organisations, a person
by the roadside doing little thing that brings income is also contributing to the
economy stressing that “the big companies cannot employ everybody and
government cannot also employ everybody.”

Tubi urged the government to assist people, especially young
graduates with the energy, drive and ideas to engage in private business activities
that would improve the economy.