Tag: Business

  • Dangote business school launched  at varsity

    Dangote business school launched at varsity

    Kano State Governor Abdullahi Ganduje at the weekend inaugurated the Dangote Business School at the Bayero University, Kano.

    The school building, donated by Dangote Foundation, was built at over N1 billion.

    Ganduje, represented by his deputy Prof. Hafiz Abubakar, begged Aliko Dangote to occasionally deliver lectures on entrepreneurship at the school so the students can benefit from his wealth of experience.

    According to him, this will play a major role in the economic development of the country in training African future business leaders.

    The President of Dangote Group, Aliko Dangote, said entrepreneurial study and business administration are training which enhances the fight against poverty.

    He said building the business school is borne out of his belief and commitment to qualitative education. He promised that efforts will be geared towards the school collaborating with other international business schools, such as Havard Business School in the United States of America.

  • Access to credit, others challenge business, says SCSP chief

    Access to credit at single digit interest rate, insecurity and harsh business operating environment have been identified as challenges facing investors in the country.

    Speaking with reporters in Lagos at the weekend, the Technical Director, Safety Consultant and Solutions Provider (SCSP), Anthonia Beri, lamented that over the last 10 years that the company has existed in the country, it had designed an ingenious way of sourcing for funds to provide top class services to its clients.

    “One our biggest challenge is access to credit and funding for projects. Bank interest rates are seemingly not profitable for most projects we undertake and getting credit is not as easy as it ordinarily would have been.

    “Then reputation of the country with respect to (insecurity) doing business, is also another challenge especially when a significant portion of your business requires overseas procurement. However, we have managed to overcome most of these challenges by adapting to our immediate business environment, getting funds from interested investors and credit organisations such as Co-Link and ensuring that we have the right capacity to deliver on projects. This has ensured client trust and provided better opportunities for trade credit,” Beri said.

    According to her, the Federal Government has tried in terms of security and has improved significantly on the ease of doing business, more still needed to be done in the area of making loanable funds at friendly rates to investors.

    “We have learned to adapt to our immediate environment, which includes the existing economic situation. No doubt these are tough times and like all other companies that survived, hard decisions had to be made. But our greatest survival asset has been the competencies of our workers and the uniqueness of the skills we provide,” she said.

  • Akeredolu getting down to business, one year after

    Akeredolu getting down to business, one year after

    Ondo State Governor Rotimi Akeredolu (SAN) is marking his one year in office. Correspondent DAMISI OJO examines how the All Progressives Congress (APC) governor, who took over from Dr. Olusegun Mimiko of the Peoples Democratic Party (PDP) on February 24, last year, has fared since his assumption of office.

    SHORTLY after Governor Rotimi Akeredolu (SAN) was sworn into office, as the helmsman in Ondo State on February 24, last year, he stood before the crowd at the Akure Township Stadium and promised to fulfill his campaign promises, by serving the people creditably.

    The governor, who inherited a backlog of seven-month salaries, told the people  that he was prepared to deploy the mineral resources available in the state to lift the people out of poverty, saying it was as a result of mismanagement of public funds by previous administrations.

    The former President of the Nigeria Bar Association (NBA) had promised that he would usher in a new dawn, by listening to the voice of the people to provide good governance. He said: “We stand before you to pledge, with the guidance of God and our resolve not to renege on our promises, that your welfare shall form the basis of all our activities.”

    Akeredolu said his administration would lead a patriotic, highly-inspired and competent team to rescue the state from poverty. He promised to rebuild the state’s economy, resuscitate damaged infrastructure, restore hope and return Ondo State, which has been nicknamed the Sunshine State, to a prosperous land. He said: “We are determined as an administration to break down the barriers that have made stagnation possible.

    “We will break down the barriers to honest leadership, to comprehensive development, to physical growth and social security. These we intend to do through the promotion of transparent leadership, the rule of law, extensive consultation, quality and accessible utilities and social security; all in a sustainable manner. We acknowledge the enormous challenges faced by the state and the severely limited resources available to meet these ever-increasing and compelling demands.”

    The governor broke his administration’s plan into a five-point agenda tagged: “JMPPR.” This stands for: job creation through agriculture, entrepreneurship and industrialisation; massive infrastructural development and maintenance; provision of functional education and technological growth; provision of accessible and qualitative healthcare and social service delivery; and rural development and community extension services.

    Although the state has been plagued by challenges of the economic recession, like other states, Governor Akeredolu has managed within the last one year to make some positive impact. For instance, observers have scored the governor high in the area of workers’ welfare, infrastructural development and putting the right policy in place to attract investors.

    Many of them are of the opinion that the governor deserves some commendation for the little he has been able to achieve, because of the poor state of the nation’s economy when he assumed power, which led to a sharp drop in the monthly allocation from the Federation Accounts. At least, he has not reneged on his promise of promoting workers’ welfare.

    Besides the prompt payment of workers’ salaries since he took over power, he has equally settled three months out of the seven months salaries he inherited from the immediate past administration. This was what impressed an analyst, Mr. Julius Alade, who said the governor had improved the frosty and battered relationship between the state government and the labour union.

    Alade, who claimed he has been monitoring activities of the government since its inauguration, said the it is focusing on its mandate of deploying public resources for the benefits of the greatest number of the people. He said Governor Akeredolu’s achievement is in the area of economic and social service, such as payment of workers’ salaries and pensions from February 2017 to date, as well as the settlement of August and 80 per cent of September 2016 salaries.

    The analyst also said Akeredolu’s achievements include the reinstatement and restoration of all benefits to politically victimised staff of the Adekunle Ajasin University, Akungba-Akoko, and the Rufus Giwa Polytechnic, Owo, respectively.”

    In the area of job creation, Akeredolu had made it clear during his inauguration that he would use agriculture to solve the problem of unemployment, particularly among the teeming youths of the state. In the last one year, some of the jobless youths have embraced his administration’s ‘Youths for Agric Value Chain Empowerment’.

    Also, the administration has distributed palm seedlings to farmers across the state in its bid to reactivate the 10,000 hectares afforestation project at Araromi, in Ondo South Senatorial District. The disbursement of N210 million to farmers’ co-operative societies, under the FADAMA scheme and the establishment of various poverty alleviation programmes and the engagement of over 300 youths under ‘FADAMA GUYS’ programme, the Akeredolu-led government has mobilised no fewer than 35,000 farmers for the Federal Government’s Anchor Borrowers Scheme in the state.

    Akeredolu has also made some remarkable achievements in the infrastructure development. During the electioneering campaign period, the governor used to describe the state of infrastructure in the state as depressive. He had pledged then to fix the infrastructure to enable farmers and interested investors have access to markets in the towns and cities in the state.

    The Nation’s investigations at the state Ministry of Works reveal that the governor has started rehabilitation and total reconstruction of many roads across the three senatorial districts.

    A supporter of the All Progressives Congress (APC), Muyiwa Gbeminiyi, said the reconstruction of the notorious Oke-Alabojuto Road in Ikare-Akoko and the construction of a new access road from Akure to Idanre are among the most important intervention of the governor in that regard.

    Though the Ikare road is yet to be completed, Gbeminiyi hailed Governor Akeredolu for deeming it necessary to mobilise contractors to fix the road, after many years of neglect. He praised the governor for spreading the developmental strides to the three senatorial districts.

    Other roads rehabilitated or reconstructed are the access roads within the state Specialist Hospital, Akure; the 1.5km Iwalewa Road, Akure; the 1.2km Abusoro Road, Akure; internal and access roads within the Ondo State University of Science and Technology (OSUSTECH), Okitipupa; the 2.5km Sabomi Road, Ese-Odo, and others.

    On security, Akeredolu has tried to live up to expectations that it is government’s responsibility to protect the lives and properties of the people. Shortly after assumption of office, he initiated moves to resolve boundary issues between Atijere and Makun-omi community, to douse rising tension between the two communities. The decision, observer noted, has enhanced interpersonal and peaceful co-existence among residents of the once restive communities.

    The governor has also sought and received approval to have more police area commands in addition to the existing three ones, to reinforce security in some parts of the state and thereby forestall kidnapping and armed robbery.

    The State Security Council has also directed authorities in several communities to ensure regular clearance of bushes on the verges of roads that link Ondo State with the neighbouring states, to stem the activities of kidnappers and other criminal elements.

    Militancy, with its attendant destruction of lives and public properties, was the order of the day in the Ese-Odo Local Government Area before Akeredolu assumed office. But, all that has become history, due to what a security analyst, James Binuyo, termed as the governor’s deep understanding of leadership role and strategies.

    Binuyo said: “Governor Akeredolu deserves commendation for bringing to an end the era of militancy, which was responsible for loss of lives and properties in the riverine area.  Since the governor proclaimed amnesty for the militants, the restiveness among the youths in the area has subsided.

    “There was a time militants held the riverine communities to ransom. The nation’s water ways and the creek became a no-go area for even the boldest military men. From their fortress in the creeks, the militants launched deadly attacks on petroleum pipelines, which is used to transport the nation’s economic mainstay —- oil.

    “Also, there was a time hoodlums robbed banks, carting away several millions in cash. In recent times, kidnapping of family members of wealthy people had become a fad for the criminals. Militants, mainly youths, had resorted to such unlawful means of agitation, because of the perception that their area is underdeveloped, because of neglect by the different levels of government.”

    In an attempt to curb the criminality in the riverine area, Akeredolu set up a committee headed by his deputy, Mr. Agboola Ajayi, to disarm the weapon-bearing youths. Ajayi, who incidentally hails from the area, quickly swung into action with members of his committee and they were able to get the militants to sign an agreement to lay down their arms.

    Thus, to reciprocate the gesture, the governor on November 9, last year proclaimed amnesty for them, with 21 days to submit their weapons, so as to be listed in the expanded amnesty programme of the Federal Government. Akeredolu, while addressing the militants, said his government was determined to ensure the programme succeeds and administered only to those it was meant for. He said only those who submitted weapons would be listed in the amnesty programme.

    Akeredolu’s commitment to good governance is also paying off in the area of sound healthcare delivery. The governor liaised with the World Bank to facilitate $500,000 to enhance primary healthcare across all the 18 local government areas. This move attracted the benevolence of the People’s Republic of China, which donated 40 imaging medical items to the state medical village in Ondo town

    The governor has also tried to create a conducive atmosphere for governance, by ensuring that a cordial relationship existed between the executive and the legislature. On assumption of office, he met a factionalised state House of Assembly. The crisis centred on the 2017 budget, which the immediate past administration could not pass before it vacated office.

    But, the speed with which Akeredolu rallied members of the House of Assembly to sheathe their swords, in the interest of the state, facilitated the quick passage of the budget.

    Also, majority of the House of Assembly members, who were members of the Peoples Democratic Party (PDP) became fascinated with the governor’s leadership style and consequently defected to the APC. In their interactions with reporters, the lawmakers hinged their decision to defect on Akeredolu’s vision for the development of the state

    In sports, enthusiasts have lauded Akeredolu for reviving the state’s football team, Sunshine Stars FC, which was on the verge of relegation.

    The only challenge confronting the administration is the paucity of funds. But, Akeredolu is poised to confront this challenge with aggressive revenue generation, proper management of resources and financial prudency. Many residents of the state have also urged the governor to encourage job creation for the teeming unemployed youths, ensure regular payment of workers’ salaries and also create a conducive environment for traders, artisans and others to work.

     

  • Fed Govt moves to improve ease for doing business

    The Federal Government  drive to improve the ease for doing business  has received a boost as investors and would-be-business owners now have a handbook on how to obtain licenses and permits when doing business in selected sectors in the country.

    Publishers of the handbook, A&E Law Partnership, in a statement on Wednesday in Abuja, said it was part of their contribution to improving the environment for doing business in Nigeria.

    The foreword to the hand book written by Peter Ntephe said the guide is “a one-stop-shop handbook on the rules for entry into various sectors of the Nigerian economy. Key processes and procedures are outlined in as much a succinct way as possible, along with the fees for obtaining licences and registrations.

    This handbook which is a product of the knowledge gained by the law firm over the years in “its core competences” is a praiseworthy compendium and guide to the rules and regulations for doing business in the ‘commanding heights’ of the Nigerian economy.”

  • ‘I joined kidnap gang because I wanted to start cattle business’

    ‘I joined kidnap gang because I wanted to start cattle business’

    A notorious kidnapper arrested by Niger State Police Command at Ashuira village in Rafi Local Government, Yusuf Adamu, has said lack of money to start cattle business made him to join a kidnap gang.

    He said he was tired of rearing goats, cattle and sheep for another person and wanted to have his own, adding that he joined abductors because he heard people made money from kidnapping.

    Adamu said: “The goats and sheep I reared belonged to another person and I needed money to start my own business. That was why I joined kidnappers.

    “After operations, I was advised by a member of the gang to leave, but I refused because a lot of people are making money from kidnapping. I was desperate to start my business.”

    He said his wife never knew he was an abductor, lamenting that his marriage would be over if she heard of his arrest and involvement in kidnapping.

    “I did not tell her that I kidnap and there is possibility that at the end of this matter, she will divorce me. l am finished, ” Adamu said.

    The command had arrested two abductors at Ashuira village after they were trailed to their hideout.

    The kidnappers, Adamu, 20, from Zurmi in Zamfara State and Ibrahim Abubakar, 27, from Pandogari in Rafi Local Government of the state, were nabbed after a victim, Yahaya Sule, who lives at Ashuira village, reported to the police that gunmen invaded his home, killed his son Abubakar Yahaya 32 and kidnapped two of his children, Kabiru Yahaya and Halira Yahaya.

    The Nation learnt that based on the information, the anti-kidnapping squad engaged the hoodlums in a shootout, which lasted for hours, during which the two kidnappers were injured.

    Police spokesman Muhammad Abubakar said the victims have been rescued.

    He said investigation is on, adding that the suspects will be arraigned soon.

  • Nigerian  stabs two  friends to  death in  South Africa

    Nigerian stabs two friends to death in South Africa

    A Nigerian living in South Africa has killed two of his friends after a business deal involving the three went awry, the Nigerian Community in that country said yesterday.

    The suspect named simply as  Sunday from Awgbu in Anambra State allegedly stabbed Ekweghiariri Chidi Isacc, 34, from  Ehime in Isiala Mbano Local Government of Imo State and Mr Nzechukwu Alabuche, 35, from Azia in Anambra to death at about 3am local time

    The incident occurred at Rossetinville, South of Johannesburg, according to Mr Emeka Ezinteje, Secretary of the Nigerian Union in South Africa

    He said by phone from Johannesburg, South Africa, that the incident was due to a business dispute.

    His words: “We have received a report that at 3.00am on Saturday, Mr Ekweghiariri Chidi Isacc, 34, a native of Ehime in Isiala Mbano Local Government of Imo and Mr Nzechukwu Alabuche, 35, from Azia in Anambra were stabbed to death by one Sunday from Awgbu in Anambra.

    ”We understand that there was a business dispute between them that made the assailant to stab the victims to death.”

    He said that the union had reported the incident to the Nigerian mission and the South African police.

    “The assailant is on the run while the police have commenced investigation into the incident.

    ”The union condemns the killing of any Nigerian and will partner with relevant government agencies to ensure that justice is done in the case,” Ezinteje said.

    The secretary said that the police had taken the bodies to the hospital for autopsy.

     

  • Turning fitness passion into business

    Turning fitness passion into business

    Interest in fitness is growing.Young entrepreneurs are using innovative new business models to turn their passion into thriving brands. DANIEL ESSIET reports.

    Hassan Balogun’s love for fitness began few years ago. Last year, he and his partner, Buhari Jjemilu, started Fitness Montagne.

    He said: “We started the company as students last year before graduating from studying Architecture at Oduduwa University, Ile-Ife.

    “I used to take up little jobs which, including ushering, security, activation and making and selling of framed pictures.”

    Balogun said Fitness Montagne started as a fitness page on Instagram to showcase the experts in the fitness world. Later they posted fitness tips and workout routines, before turning it into a business page where they engaged in online training.

    “We got messages from potential clients asking about the training fees and after the enquiries, we don’t hear from them anymore. I later got to know that most of the youth who were interested were handicapped by funds and couldn’t register,” he said.

    Balogun had to make the online training free, but he couldn’t continue after a while because he found it difficult to raise funds for data subscription.

    He disclosed: “At the point the online training became free. I had to ask for money from my mum to subscribe on time, so I could attend to clients. Later I stopped because it was too hard to sustain.”

    As the health and wellness programme continues to gain popularity, the fitness boot camp was added. To Balogun, it filled a large void in the industry— a comfortable place to exercise and become healthy.

    The first boot camp was a success. Many participants were satisfied with the camp’s services, which included tips on healthy foods, exercises, self-defence, dance, fun games and diet talk and creating an atmosphere where like-minded women and men can come together, build confidence and inspire one another through fitness.

    He thanked officials of the Lagos State Public Service, who sponsored the event.

    He announced that another camp would hold at the jjt Park, Alausa, Lagos on February 24. It is expected to attract dignitaries, such as Chairman, Lagos State House Committee on Health Services, Hon. Olusegun Olulade and House of Assembly member from Badagry1, Hon. Alayonde Ibrahim Olanrewaju.

    Balogun added that the camp would be unique as more exercises had been included.

  • Does your business improve lives of the poor?

    A father gave his little boy 50 cents and told him he could use it any way he wanted. Later, when the father asked the boy what he had decided to do with the money, the boy told him he had lent it to someone. Who did you lend it to? His father asked. I gave it to a poor man on the street corner because he looked hungry. The boy responded.

    Oh, that was foolish. You will never get it back. The father chastised his son. But, daddy, the Bible says that people who give to the poor lend to the Lord. The boy fired back. His father was so pleased with his son’s reply that he gave the boy another 50 cents. “You see,” the son retorted, “I told you I would get it back. Only I did not think it would be so soon”.

    Giving in itself can seem foolish at first whenever it is done. But the dividends usually outweigh the investment. However, not only is the act noble, it can be done in a variety of ways. For instance, you can give your time, talent and treasures. Whenever and whatever you have chosen to give does not matter. What matters is your intent.

    That boy gave what he had. But it was invested, and such investment usually reaps bountiful harvest. However, giving transcends personal level. Organisations get involve too. As a company does your business gives to the poor or takes from them? Let us examine two companies that have taken giving back to another height recently.

    In Nigeria, the level of unemployment is more than 60 per cent as over 1.8 million graduates are joining the labour market yearly. The National Bureau of Statistics’ (NBS) data showed that the unemployment rate was at 14.2 per cent in the last quarter of last year, up from 13.9 per cent in the preceding quarter.

    It’s the ninth consecutive quarter that the unemployment rate in Nigeria has increased. The government agency reported that the rate rose from 13.9 per cent in the third quarter to 14.2 per cent in the fourth quarter of last year.  So, what is the way out of this logjam?

    Inlaks, a specialist organisation that deploys dynamic and highly scalable IT infrastructure, established ATM Academy to train youths. It focuses on giving the youths the right skillsets and capacity to become self-reliant and thus curb the rising unemployment rate. Located in the belly of Ikeja, Lagos, ATM Academy trains several Nigerian youths on how to build, repair and service ATM, power solutions, printed circuit board and software installation.

    To encourage the youth recruited from different parts of Nigeria, Inlaks chose to pay the trainees monthly stipend to attend classes for six months. After graduation, Inlaks absolved the youth into its workforce where they continue their learning and development. One of the standout students told me he had earlier thought the programme was a scam.

    Now, this graduate is one of the ambassadors propagating the good works of Inlaks ATM Academy. As a leader of his class, he and his course-mates are now proficient, and can conveniently install, repair and service an ATM, even when blindfolded.  Inlaks ATM Academy is a multi-million naira, multi-class project that has become an avenue for removing restive, unemployed youths off the streets. Another class is in session. Ring my bell if you are interested.

    As if that is not enough, Airtel Nigeria is also into the act of uplifting the downtrodden and the less privileged Nigerians through its corpoprate social responsibility (CSR) initiative, Airtel Touching Lives, aimed at promoting the culture of giving among Nigerians.

    Airtel Chief Executive Officer (CEO), Segun Ogunsanya, said the company is committed to helping the poor in line with its vision of creating empowerment opportunities and making life better for Nigerians. To demonstrate this, it has touched the lives of Olusegun Aina’s family.

    The family lost three children and their belongings in an inferno. They were homeless. Through Airtel’s platform, the family now owns a multi-million naira, ultra-modern two-bedroom apartment. Airtel paid outstanding medical bills incurred by the surviving family members.

    Your business can improve the lives of the poor by training or drying the tears of bereaved Nigerians. As Ogunsanya said: “We can make our society a better place if we join hands and collaborate to uplift the downtrodden around us.” Like the boy, you would get it back.

  • ‘Blockchain, others will disrupt insurance business’

    Blockchain in combination with Big Data and Internet of Things (IoT) will disrupt insurance business, if insurers are not prepared for the internet revolution that is happening around the world, Managing Director, Mutual Benefits Assurance Plc, Olusegun Omosehin, has said.

    Omosehin, who stated this while delivering a paper at the Graduation and Fellowship Awards Ceremony of the Chartered Insurance Institute of Nigeria (CIIN) in Lagos, said the internet revolution portends danger for insurance, if experts do not reinvent themselves.

    He described IoT as objects, a network  of vehicles, machines, home appliances  and other items that use sensors and APIs  to  connect  and exchange  data  over  the Internet, saying insurers will need to tailor their offers and services to the real needs of their customers.

    He said for many, this would entail a radical shift in their core processes, such as new product development, customer contact and claims process design, pointing out that the new digital paradigm requires that silos between branches and functions be broken.

    Omosehin said insurers need to identify signup suitable partners to develop more ecosystem offerings  and Infirmation Technology systems to operate at a different level, adding that consumer data must be  accessible while operations need to happen in real time.

    He said adapting to the digital world required a sound knowledge of the technology on offer; ability to develop, test and pilot at the right pace; readiness to fail in an entrepreneurial spirit; and capacity to do all that without jeopardising the core business.

    He said insurers will also have to scan the horizon for new game-changing technology that may be too far ahead to commercialise now, but could have a significant long-term impact on the industry, stressing that new capabilities offered by Big Data technologies need to be embedded within insurance and to support most of the underlying changes.

    “Like the democratic  revolution that preceded  it, the internet  revolution is a time for dramatic changes in our cultural and  business assumptions. As professional  insurers, we  must be prepared  to reinvent  ourselves before  others disrupt  us. Blockchain in combination  with Big Data and Internet of Things will  change  the  insurance world, Omosehin said.

    “We  need to  enable efficiency  and  flexibility  in the  business  of  insurance;  the internet  revolution has made this possible. Be  aware  that we  do  not have borders, or  boundaries  anymore,  the whole  world  is  going  to open  as  your population. As the newest and  the finest  of  our professionals,  the Internet revolution has opened  the doors  of innovation  and  placed it at  your  feet”, he said.

    CIIN President, Mrs. Funmi Babington-Ashaye, said the graduation and awards followed the Governing Council’s ratification of the award of the institute’s Fellowship to six members and the election of 175 members as Associates after satisfying the requirements.

    She told the graduands that the institute possesses the power to appropriately discipline any Associate or Fellow that has been found to have been involved in any conduct unbecoming of am insurance professional.

  • Akande:Power vital to ease of doing business success

    Akande:Power vital to ease of doing business success

    Lagos Chamber of Commerce and Industry (LCCI) former President  Dr. Nike Akande has urged the Federal Government to ensure adequate power supply, saying it is important to the ease of doing business.

    Mrs Akande spoke at the 129th Annual General Meeting (AGM) of the chamber held in Lagos.

    Appraising the ease of doing business in the aftermath of recession, Mrs Akande said the recovery impact would only be appreciated when it reduces the cost of doing business, enhances productivity of investors and boosts the competitiveness of firms and sustainability of investments.

    “The provision of power remains at the heart of ease of doing business in Nigeria. We call on the government to sustain the current reforms in such critical sectors as power, agriculture, solid minerals and oil and gas,” she said.

    Mrs Akande commended the Economic Management Team and the Presidential Enabling Business Environment Council on its initiatives, saying it has become a platform for engagement between the government and private sector.

    She, however, warned that the Council’s efforts might not translate to much, if inconsistent power supply persists.

    She added that Executive Orders  should be fully enforced to improve the way government does business  to  improve the business environment.

    Presenting the LCCI yearly report, Mrs Akande said the outgoing year was eventful in that it re-invigorated the potency of its public policy advocacy.

    According to her, the Chamber  held programmes, which drew the government’s attention to the worries of the business community.

    Some of them, she said, are the presidential policy dialogue session, policy dialogue on the power sector, business delegations and diplomatic visits, among others.

    Mrs Akande said despite that the economy appeared crippled by a weak revenue base, high interest rates and security concerns in certain parts of the country, she was optimistic that opportunities for a rebound abound.

    “Crude oil prices are beginning to recover, foreign reserve is improving and inflation is on a steady decline. We are blessed with a huge market, abundant natural resources and an enterprising population.

    “As a chamber, we were consistent in our public advocacy and sustained our delivery of business development services to our members and the larger business community,” the former president said.

    She added that increased patronage of made-in-Nigeria goods and services would not only encourage global competitiveness of indigenous manufacturers but also boost job creation.

    She charged the chamber to continue to harp on sectorial advocacy.

    Mrs Akande said the chamber’s advocacy has  enhanced the quality of organised private sector (OPS) contributions to nation’s economic policymaking.