Business
Expert Tasks Entrepreneurs On Fresh Economic Plans
The Chief Executive Officer, Cobal Global Resources, Mr Charles Idonije, on Tuesday advised start-ups, Small and Medium Enterprises (SMEs) to be innovative for the country’s economic growth.
Idonije gave the advice in an interview with newsmen in Lagos.
He said that most entrepreneurs failed because they just wanted to copy other people who were focused and ready to create innovations that would improve the economy.
According to him, the contribution of the technology industry to Nigeria’s progress is significant.
“It is obvious that the backbone of leading economies in the world today is hinged on technology and entrepreneurship.
“The major challenge with start-ups in Nigeria is lack of passion and preparedness.
“They just wanted to belong to the society among the workaholics or gainfully- employed.
“Technology and SMEs have major roles to play. It has significantly improved many countries’ economy; so we do not have a choice, ‘’ Idonije said.
NAN reports that Cobai Global Resources is an ICT firm that creates new business platform for Agro-allied, manufacturing and consulting organisations.
NAN reports that the core social responsibility of the company is to give peasant farmers and food vendors at the grassroots the same leverage as corporate firms like Nestle and the same platform to thrive.
However, government wanted to put an end to the dependence on oil by diversifying to other sectors such as the ICT, even with the dwindling resources that came through oil.
The chief executive officer urged government to continue to encourage local investments in the ICT sector to enhance growth of the sector.
Idonije advised governments at all levels to support agro-allied e-commerce business and train peasant farmers on how to make use of local ICT tailor-made products such as software application and programmes.
“Start-ups will grow if they are encouraged with loans, basic amenities such power; and market is made available for their innovations.
“The agro-allied e-commerce business should be encouraged so that it can boost the agric sector and encourage more investments.
“Government should train local farmers on the use of App’s for discoveries and networking to attract foreign patronage’’, he said.
The expert advised government to give more attention to ICT sector, adding that it could generate more revenue capable of driving the economy.
“Government should concentrate more on the ICT sector because it can generate more revenues that will drive the country, ’’ he said.