Thursday, June 28, 2018 6.30PM / Proshare WebTV
As part of its commitment to the development and growth of MSME’s in Nigeria, LeapWorld in partnership with the United Nations Industrial Development Organization(UNIDO), celebrated the international MSMEs day on Wednesday, June 27, 2018, themed “The Youth Dimension”.
To mark the event Leapworld hosted a live virtual interactive at the studios of the leading Nigerian online TV platform “Proshare WebTV”.
Anchored by Funke Medun the CEO LeapWorld it featured various segments discussing the topics “Accessing Finance and opportunity for MSMEs”, “Challenges of Youth and Entrepreneurship in Nigeria” and “Building and Maintaining a Sustainable Business”
In her remarks, Funke Medun noted that for MSME growth to be achieved there should be proper structures for business, effective human relations, proper record keeping, seamless operations, and strategic marketing for good MSMEs to improve.
The session on “Challenges of Youth and Entrepreneurship in Nigeria” featured panelists Mr Adeniyi Ojikutu (President, Computer Village Association), Mr Saheed Kiaribe (Head Research, Proshare), Mr Yetunde Akin Thomas (LeapWorld Group) and Temitope Omosuyi (Research Department, Proshare).
Mr Adeniyi Ojikutu described the Computer Village as a strategic industrial cluster in Lagos, Nigeria with small businesses who have through their ingenuity contributed to the growth of the Nigerian economy.
In his contribution Mr Saheed Kiaribe believed the amendments to the Company Allied Matters (CAMA), will clear the rigors and bottlenecks that start-ups face in company registration, improving the ease of doing business in the country.
Mr Yetunde Akin Thomas challenged the young Nigerians to invest their resources in skills development, which was key to their competitiveness in a saturated job market.
Temitope Omosuyi listed the high cost of funding, high monetary policy rate and high cost of return on investments as challenges that young Nigerian entrepreneurs are facing in starting up their businesses.