- The growing call for a lasting solution to Nigeria’s high unemployment rate has been reinforced
- The Institute of Professional Industrialists and Management Development (IPIMD) at a two-day summit launched an initiative to curb the threat
- In the meantime, relevant stakeholders in the job creation sector have been urged to support the move to end unemployment
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FCT, Abuja- The Institute of Professional Industrialists and Management Development (IPIMD) is launching the Entrepreneurs Multipurpose Cooperative Society (Emcoop) at the 2022 Entrepreneurs Empowerment Summit.
The summit, organized by IPIMD in collaboration with the Commodities Research and Development Commission, called for improved financing and support for Micro, Small and Medium Enterprises (MSMEs) in Nigeria.
The two-day summit focused on the theme; “Empowering Micro, Small and Medium Entrepreneurs through a Dedicated Cooperative Society” and highlighted the importance of a sustainable cooperative society for the financial support of entrepreneurs working to solve many business challenges in society.
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Speaking at the summit on Thursday, September 29, the session chair and also chairperson of the IPIMD Industrial Policy Council, Mr. Felix Achibiri, emphasized the need to find sustainable ways to engage young Nigerians given the high unemployment rate in the country.
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“We need to unleash the potential of MSMEs” – Achibiri
According to him, “unleashing the potential of the MSME sector in Nigeria is a prerequisite for creating jobs and strengthening the non-oil sector.”
Mr. Felix Achibiri, who is also the Chairman of DFC Holdings, highlighted some of DFC’s impact on MSMEs through some of their subsidiaries and affiliates such as DTH Africa, Fintech Inclusion Center and Bizpotta.
He called on relevant stakeholders to take advantage of the opportunities in the SME sector and the inherent abilities of young Nigerians to invest in the sector.
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The summit counted on the presence of notable personalities such as Managing Director/CEO of Abuja Enterprise Agency (AEA), Alhaji Shehu Abdulkabir, the special guest of honour, and Mr. Emmanuel Atama as the keynote speaker.
Other dignitaries included Professor HD Ibrahim, Managing Director/CEO of the Raw Material Research Development Council, honored as IPIMD Grand Patron and Pascal Ogechi Harry, Chairman of the Local Organizing Committee.
The event included the induction of new members, the recertification of members, the inauguration of the IPC and honorary awards to Professor Hussain Doko, Felix Achibiri and Ernest Aubee.