Nwankwo: Policy transparency necessary to cut post-COVID-19 investment risks | The Guardian Nigeria News - Nigeria and World News

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DR. Wilson Chozie Nwankwo, Chief Executive of WICHTECH Industries Limited, says much needs to be done in the area of infrastructure and economic empowerment of youth to address the imminent backlash of post-corona virus effects on Nigeria’s economy. He said that fight against corruption deserves the collective input of every citizen. He spoke to LEO […]

DR. Wilson Chozie Nwankwo, Chief Executive of WICHTECH Industries Limited, says much needs to be done in the area of infrastructure and economic empowerment of youth to address the imminent backlash of post-corona virus effects on Nigeria’s economy. He said that fight against corruption deserves the collective input of every citizen. He spoke to LEO SOBECHI.The fact of Nigeria’s approach or level of development does not detract from the central focus of politics.

I believe that investing in our youths from the earliest age is the single most important contribution we can make to the health and wellbeing of the nation, especially as they are our future leaders of tomorrow.Like many other industrialists in this country, I must tell you that I am very disturbed about the bourgeoning youth unemployment in Nigeria. It baffles me that many graduates of tertiary institutions do not have opportunity to contribute their quota to nation building.

Similarly, over 300 students have received scholarship awards, from secondary to tertiary institutions, in the last 10 years, and over 6000 families have been assisted to start small-scale businesses. Spiritual lives of people were not left out because over 30 Missionary crusades have been organised and sponsored over the years with provision of financial support for medical outreaches across the country. In all, over 100,000 families have been supported by the activities of the foundation.

I do not think Nigeria has done all that is required in the area of improving the ease of doing business. The post-COVID-19 era should be a time to devote more attention to up scaling the ease of doing business in the country. If you are to advise government what are the critical things it should do to expand economic development of the Southeast?

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