Business
Experts Want Entrepreneurship Summit In Rivers

Business experts in Rivers State have called for economic summit to develop the informal business sector in the state.
Secretary of Port Harcourt branch of the Nigeria Society of Engineers, Samuel Kwelle, in an interview with The Tide in Port Harcourt said the summit was necessary to provide opportunity for entrepreneurs to make input in policy matters.
This, he said has the potentials of exposing hidden business opportunities in the production of goods and services.
Kwelle said such a summit should also accommodate Rivers entrepreneurs in the diaspora.
According to him, “this will result to the gathering of professional ideas that will attract foreign investors when implemented”.
He noted that the strategic location of the state and its natural endowment have already made it a business hub, especially in the oil and gas sector.
Another business expert and Coordinator of Matrixx Cooperative, Dr Larry Goodwill Ajiola said that it is only entrepreneurship summit that could “grow entrepreneurship economy which is informal sector driven”.
Dr. Ajiola, who is also the programme director of International Entrepreneurs Business Summit (iEBS) in Africa said lack of development in the informal sector has been the cause of Nigerian dwindling economy.
He noted that government pays much attention to the formal sector which brings money periodically, leaving the informal sector which can generate money on daily basis.
By: Lilian Peters