Renowned entrepreneur and philanthropist, Obinna Iyiegbu, popularly known as Obi Cubana, has called on the federal and state governments to enhance the business landscape in Nigeria, particularly for the youth.
Enabling Environment for Entrepreneurship
In an interview with the News Agency of Nigeria (NAN) at a conference organized by Gavice Logistics, Obi Cubana stressed the importance of creating an enabling environment for businesses to thrive. He emphasized the need for infrastructure development and heightened security measures to foster entrepreneurship.
Infrastructure Development
Obi Cubana highlighted the significance of good roads in facilitating logistics operations, emphasizing their crucial role in transporting goods efficiently. He urged the government to prioritize road construction and address security concerns to ensure safe movement of goods and people.
Reducing Barriers to Business
Addressing the issue of multiple taxes and bureaucratic hurdles, Obi Cubana called for streamlined processes and reduced financial burdens on businesses. He emphasized the demoralizing effect of excessive taxation on entrepreneurs and urged authorities to create a conducive environment for economic growth.
Promoting Innovation and Resilience
Encouraging the youth to embrace innovation and hard work, Obi Cubana emphasized the importance of adaptability in navigating challenges faced by businesses. He urged young entrepreneurs to persevere through difficult times and capitalize on opportunities for growth, emphasizing the resilience required for success in business.
In conclusion, Obi Cubana’s advocacy for a more favorable business environment echoes the aspirations of many entrepreneurs in Nigeria. His call to action underscores the importance of government support in fostering economic growth and creating opportunities for the nation’s youth.
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Written By: Doris Chinwe Omemgbeoji