A group under the auspices of Ultimate Destiny Uplifters Foundation (UDUF) has said that Anambra has the potentials and will soon overtake Lagos state to become the number one leading Small and Medium Enterprise state in Nigeria.
The group stated this through a communiqué released to newsmen after a mega business summit held at presidential lodge of Patterson auditorium, All Saints Cathedral Onitsha, Anambra State.
Earlier while kick-starting the summit, the founding president of UDUF, Dr. Chinedu Smart stated that the business summit titled “Under 45 CEOS Business Summit was packaged to bring together entrepreneurs at all levels including regulators and financial institutions to explore ways and practical models to look at challenges faced by investors on SME all over the Nigeria.
“Anambra state will soon overtake Lagos state on Small Medium Enterprises (SME) and likely to emerge the small-medium enterprise’s hub of the country if the incoming government that will be headed by the Governor-elect, Prof. Charles Soludo will provide an enabling environment as well as adopt policies that will encourage investors to invest on the sector”.
In a keynote lecture, the director general of Onitsha business school, Prof. Olusegun Sogbesan while emphasizing on the need for investors in the sector to be innovative to excel in their ventures, he urged government at all levels in the country to give adequate priority to the sector in order to create abundant jobs for the teeming unemployed in the country, adding that SME holds the key to the economic growth of any nation.
According to the University Don, “the fluctuations that have become the bane of our nation currently is as a result of glaring neglect of this critical business sector, I am saying that unless necessary measures are put in place to encourage small and medium enterprises, our economy will continue to nosedive.