• Tuesday, April 16, 2024
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‘Lack of technical, managerial skills responsible for ailing businesses’

Governor Abdullahi Sule of Nasarawa State has expressed concern over the increasing numbers of ailing businesses in the state, saying his administration is going to provide start-ups the opportunities to thrive without stress.
The state governor stated this on Thursday at the 2nd Nasarawa Entrepreneurs Summit organised by SKDC Global Links Limited in Lafia.
He noted that one of the factors responsible for the increasing ailing businesses was lack of technical and managerial skills to harness the potentials to access funds to grow their business.
Governor Sule said, “The summit couldn’t have come at a better time than now, as we have so many ailing businesses to revive and many start-ups in need of direction.

“It is a well know fact that Nasarawa State is endowed with abundant natural resources. What is lacking is the technical and managerial skills, as well as to access funds through credit and grants,” he said.
He hopes that the entrepreneurs in the state would grow and strive to do well and to remain in business.
“I believe that it is through events as this that the capacity of our people will be built, strengthen and in turn to create wealth and employment for everybody.”
He reiterated the commitment of his administration to train a number of youth, after which they would be provided with tools and start-ups capital to grow their businesses.

“There are also plans to provide training in agro business and credit facilities for women and youths, and all these we hope to achieve before our 100 days in office,” he said.
The managing director, SKDC Global Links, Stella Ajige, said their commitment was to identify barriers and challenges and to help build the capacity of enterprises and entrepreneurs in the state.
The summit is focused on exposing the minds of entrepreneurs to think of the alternative available to them, she said, noting, “As the world evolved to 4th industrial revolution, there is need to carry our state along by moving together in order to carry out it mandate.”
They are poised towards creating innovation and evolution now that the world is moving towards industrial revolution, she said.

The founder Living Your Dream Consultant, Bankole Williams, hoped to promote the activities of enterprises to boost the economy of the state.
He observed that Nasarawa State was strategically located and as such, they would activate start-ups that would empower the generation to come to do business.
Williams urged entrepreneurs to create businesses that would add value to their communities, and stressed the need to put their skills, experience and resources together to produce tangible results.