Elumelu: Nigeria Needs Regulations that Encourage Business Growth to Rejig Economy – THISDAYLIVE

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Elumelu: Nigeria Needs Regulations that Encourage Business Growth to Rejig Economy Raheem Akingbolu The Founder and Chairman, Heirs Holdings, Mr. Tony Elumelu has highlighted four critical areas that will significantly impact Nigeri

The Founder and Chairman, Heirs Holdings, Mr. Tony Elumelu has highlighted four critical areas that will significantly impact Nigeria’s push towards poverty alleviation in Nigeria.

On SMEs, he explained that “Government must create an environment and structure to enable capital flow freely across the country. The best way to do this is to incentivize the free movement of capital through the growth and development of small business enterprises.” “More importantly, our leadership must create rules and regulations that encourage growth and not stifle creativity. Poverty alleviation must consist of deliberate programmes that reach the grassroots, and dogged commitment to implementing and tracking the plans, must not be the same as usual,” Elumelu further said.

 

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