How to turn Nigeria into an entrepreneurship paradise - CNBC Africa

How to turn Nigeria into an entrepreneurship paradise

Western Africa

by Trust Matsilele 0

PHOTO: Flickr

Entrepreneurship has been with us since time immemorial, this can be traced back to the time of trade by batter, Charles Anudu, Founder, Swift Network, told CNBC Africa.

Anudu says Nigeria was an entrepreneurship paradise adding prospective entrepreneurs had many areas to explore for opportunities.

“There are a lot of things that can be improved from transportation industry, electricity, security and food services,” he said. He added that all things that are considered annoying are opportunities for entrepreneurs."

Anudu says entrepreneurship was not for the faint hearted, it required resilience and vision.

I always tell young people that for one to be successful, you have to give everything so as to realise your dream, one should be ready to sign an oath of poverty,” he jokingly added.

He also said the country was supposed to create favourable conditions that would see a surge in this space.

“We need to create a better enabling environment such as the rule of law, improving the education system that enables one to be more than just a salesperson or a small engineering manufacturer,” he says.

Anudu says entrepreneurship should be taught from lower grade, it should be treated like a survival kit.

He also said there was need to look at areas such as capital mobilisation and ensuring there was qualified manpower as this would enable start-ups to succeed.

“If you are in the Nigeria business environment a lot of things would ordinarily come up against you, but if your business is properly structured and well-rounded you would still attract capital,” he added.