A.Y.E PRESIDENT SUMMY SMART FRANCIS ENTREPRENEURIAL IMPACTS IN NIGERIA - ( S.E.D OGUN STATE ) MR DILIGENT

The way out of this Recession is Entrepreneurial Revolution.
Entrepreneurial revolution is the way out that will take us to
our promise land.

 It is no longer news, the country is broke, and oil prices have
gone down to an all – time low of less than $50 per barrel.
We didn’t save when we had excess, we didn’t build
infrastructures. Not enough power to drive the industries.
These are tough times but provide the opportunity to learn
and build. For Nigeria to be great again we need to take
tough decisions.

Entrepreneurship needs to take the front burner.
With about 70% youth population (Approximately 80 million)
there is an abundance of human resources. We need to
create jobs for the growing population of youths. But it is
not all for government to create jobs for the growing
population of youths.
Government has responsibility to create right environment for entrepreneurial development.

However, there are numerous challenges hindering the growth of entrepreneurship in Nigeria, they are: Lack of access to fund; over taxation of SMEs; insufficient power;
lack of critical infrastructures; insecurity.

Recommendation: The practical ways government can create
the right environment for business to thrive are: eliminate
multiple taxations of SMEs; encourage public – private
partnership; engage the entrepreneurs in policy formulation;
provide critical infrastructures needed for SMEs; improve
power supply and provide adequate security.

On this note, I will dearly appreciate the President and Founder of Africa's Young Entrepreneurs Summy Smart Francis for his studiousness and impact so far in the life of young innovative and vibrant entrepreneurs, he his truly a vision helper and not a vision killer,a serial entrepreneur.

I will also tremendously advise all Nigeria youth to engage themselves more in Entrepreneurship so as to be job creators and not job seekers .

Written By :
THE STATE EXECUTIVE DIRECTOR
AFRICA'S YOUNG ENTREPRENEURS
OGUN STATE
ADESHOLA JOSEPH ADEFISOYE
( MR DILIGENT ).