Former president Olusegun Obasanjo has urged entrepreneurs in the country not to be deterred by the myriad of challenges facing businesses today especially in Nigeria but to always see the abundant opportunities in the country waiting to be explored.
He made the call while addressing participants at 2014 edition of leadership insight and experiences seminar organized by Entrepreneurs Organization of Nigeria (EON) in Abeokuta, Ogun State. In his presentation, he attributed the nation’s economic plight to failure on the part of the leadership.
He said the three factors majorly responsible for effective and responsible management of the economy or any worthy institution is leadership, leadership and leadership. “We are witnessing a downturn in the economy now because the leadership has failed in its responsibility to deliver factors that will encourage entrepreneurship. “If leadership is not okay, followership will be wrong and as they say in the military parlance there is no bad soldier but bad officers so the leadership must work to ensure the economy is well managed, that there is social cohesion, that the expectations of the youths and business leaders are met while also pursuing vigorously policies, laws and regulations that ensure sustenance of any investment in the economy,” he said.
Lere Baale, Chairman of EON, called on the Federal Government to give more support for Entrepreneurs, saying it is the only way to transform the economy.
