NIM seeks improved entrepreneurial framework for economic growth
24 August 2021 |
3:57 am
The Nigerian Institute of Management (NIM) has urged the government to improve the country’s entrepreneurial framework conditions to galvanise small and medium scale enterprises (SMEs) towards improved national economic growth and development.
The Nigerian Institute of Management (NIM) has urged the government to improve the country’s entrepreneurial framework conditions to galvanise small and medium scale enterprises (SMEs) towards improved national economic growth and development.
The institute, which noted that the SMEs are the panacea for economic development, said that devoting more interest in it, would contribute to the creation of jobs and reduction in income disparity as well as production of goods and services.
Guest Speaker and Director, Police Service Commission, Dr. Emmanuel Ibe, who said this during this year’s NIM Awards, Fellows and Spouses’ Day Luncheon, said that to tackle Nigeria’s economic development problems, concerted effort had been made to fashion out the nation’s economic ideology.
He stressed that the SMEs, especially entrepreneurial activities, which had played important roles in the development process of the country and proven to be one of the most viable sectors with economic growth potential in securing a prosperous future, should not be ignored by the government.
Citing instances of some industrialised nations, Ibe, who is also a fellow of the institute, said for a nation to be fully developed or sustain its development, the need for improved entrepreneurship was vital, adding that the state alone cannot survive without the small and medium enterprises.
Earlier in her welcome address, President and Chairman of Council, NIM, Patience Anabor, while congratulating the new fellows, implored the recipients not to be complacent with just adding fellowship appellation (FNIM) after their names, but to see it as a call to higher responsibility and service to the institute, the management profession and the nation.
For fellows to avail the institute of their professional competencies, the NIM boss, said the institute had constituted them into faculties of sectoral groups.
The sectoral groups she mentioned are on leadership and governance; technology and communication; education and social development; finance, accounts and management audit; planning, economics and management and safety, health and environment management.
She added that the faculties are expected to identify issues and challenges in areas related to their disciplines, and propose studies of such issues with a view to making policy recommendations to the government in its advocacy programmes.
Related
Latest
4 mins ago
Dangote Petroleum Refinery has announced another significant reduction in the prices of diesel and aviation fuel to ₦940 and ₦980 per litre, respectively. This follows an earlier reduction to ₦1,000 per litre. The new pricing is designed to help mitigate the effects of economic hardship in Nigeria and comes just a week after the company,…
9 mins ago
A Dana Air aircraft with registration number 5N BKI, flying from Abuja to Lagos on Tuesday morning, veered off the runway during landing operations at the Murtala Mohammed airport in Lagos. A statement signed by Mr. Kingsley Ezenwa, Head of Corporate Communications of the airline, said all the 83 passengers and crew members onboard were…
13 mins ago
An aircraft operated by Dana Airline with registration number 5NBKI with about 83 passengers on board crashlanded at the Muritala Mohammed International Airport, Lagos in the early hours of today. The Airline on its official X handle said all passengers on board disembarked unhurt without injuries or scare as the crew handled the situation with…
25 mins ago
President of the Academic Staff Union of Universities (ASUU) Emmanuel Osodeke, has backed the federal government's directive that admission to tertiary institutions in Nigeria should not be given to candidates who are less than 18 years. Minister of Education, Tahir Mamman, gave the directive on Monday during a monitoring exercise of the ongoing 2024 Unified…
25 mins ago
A former spokesperson for Atiku Abubakar's 2023 presidential election campaign, Daniel Bwala, has debunked claims that the girl who was bullied in a viral video is his daughter. Bwala refuted the claim through a statement on his X handle on Tuesday morning. "My attention has been drawn to a viral video circulating on all social…
26 mins ago
The management of the National Youth Service Corps (NYSC) in Adamawa, has commended Gov. Ahmadu Fintiri for introducing a N10,000 monthly allowance to corps members serving in the state. Malam Mohammed Lawal, the State NYSC Coordinator, gave the commendation during the opening ceremony of the 2024 batch A, stream 2, orientation course in Girei on…
31 mins ago
The Lagos Sector Command of the Federal Road Safety Corps (FRSC), says it recorded 111 Road Traffic Crashes (RTC) in the first quarter of 2024. The Sector Commander, Babatunde Farinloye, told the News Agency of Nigeria (NAN) on Tuesday in Lagos that 535 people were involved in the road crashes out of which 17 died…
45 mins ago
A Nigerian food content creator and director of Brian's Abuja Food Quest, Brian Monachimso Nwana, has announced his intention to break a Guinness World Record (GWR) by visiting over 120 restaurants in Abuja within 24 hours. This attempt aims to surpass a record set by an American simply known as Airrack in New York City,…
49 mins ago
At least five migrants, including a child, died overnight trying to cross the Channel from France to Britain on their overcrowded small boat, local authorities said. Three men and a woman were also among those killed on the dinghy carrying 110 people from the beach in the town of Wimereux, close to the resort of…
54 mins ago
Viral videos of a student of Lead British International School, Abuja, being bullied by another student have raised concerns among Nigerians who are seeking justice for victims. In one of the videos, a student identified as Namtira Bwala was subjected to bullying by a schoolmate identified as Maryam Hassan and a yet-to-be-identified female student. Hassan…
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.