BY PHILIP CLEMENT, ABUJA
The chairman of the Nigerian Economic Summit Group Mr. Asue Ighodalo has stated that the only way Nigeria can achieve needed investment is to create enabling environment for businesses to thrive.
Mr. Ighodalo stated this at a stakeholder engagement on financing safe schools in Nigeria hosted by the ministry of finance, budget and national planning in Abuja on Tuesday.
Making his contributions as a panelist on the economic and social impact of insecurity, he said “If businesses are not supported, and an enabling environment not created, investors will take their money and invest elsewhere. Same thing will happen if MSMEs are not supported, jobs won’t be created,”
According to him, as viable as Lagos state, it has an unemployed population of over 2 million persons asides those underemployed.
He said the only way out is to support businesses and also ensure there is adequate financing for schools at the basic level to avert a situation where graduates can’t find jobs.
He said the most convincing approach to use in ensuring better financing for Nigerian schools is by adopting a holistic approach which will include “Stakeholders in the security formations, the private sector as community and traditional rulers,”
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