Buhari Identifies Role Of Entrepreneurs In Nation-building

PRESIDENT Muhammadu Buhari has identified the pivotal role of exemplary character in entrepreneurship, which he said could become the platform for growth of business and development of a nation’s economy.

Speaking yesterday at the Tony Elumelu Entrepreneurship Programme, (TEEP) Boot Camp 2015, at the Covenant University, Ota, Ogun State, Buhari, who was represented by Vice President Yemi Osinbajo, said the ground for entrepreneurial success is character.

According to him “enterprises and societies thrive, on the values of moral integrity, self discipline, hard work and innovation, respect for rule of law and the prompt payment of taxes.”

However, a statement from the VP’s media office quoted Osinbajo as asserting that the core of success in business is integrity, honesty and trust in the conduct of business, adding that credit worthiness is important in business, because when trust fails every other thing fails. Osinbajo stressed that one cannot be a successful entrepreneur by cutting corners.

“The payment of taxes and other obligations, be it moral or civic, for the purpose of development of the economy, for building infrastructure and other services are all important in business” he stated.  He explained further that the payment of taxes is a matter of self-interest not just civic duty.

He expressed optimism that Africa now stands at the face of greatness after many years of being regarded as the dark continent, recording highest figures in poverty poor health-care, illiteracy, poor human development. He observed that the world sees Africa as the next frontier for international business, a hub for development and growth of local and global enterprises.