Sunday, October 16, 2022

EVERY ECONOMY THRIVES ON ENTREPRENEURSHIP

#corporateleaders


Nigeria is again at the penumbra of transition having run full circle of the constitutional limit of democratically elected government. Despite the slogans and policies put in place for agriculture, food production and prosperous nation, it's on record that Nigerians have been empoverished, with close to 80% of citizens living below poverty line of $1 a day.  There's high inflation with 2015 as a base.

Check the cost of living indices from 2015 to date; what do you find? The common man's staple foods cost as much, if not more than their imported substitutes, that you begin to wonder the sense in banning their importation when we're not ready with domestic supplies. Frustrated consumers become induced economic saboteurs and short changers, although some are deliberate. Earnestly there's a case of cutting the nose to spice the face.

The political class don't seem to have a clue as to how to change the trajectory that brought the economy to where it is right now. Repeating the same trajectory and hoping for a different result?  Doubtful.

THE STORY OF ENTREPRENEURIAL SPIRIT: 

The level of food crisis in Nigeria today has necessitated the sad story of this fallen hero of entreprenurship. Entrepreneurship and leadership often emerge from crisis and emergencies like Kentucky fried chicken global food vendor. Kentucky is one entreprenurship venture that makes US economy thrive.

Until his death October 2022, USMAN ABUBAKAR RIMI was a Final-Year Medicine and Surgery student of Usman Danfodiyo University Sokoto, UDUS and an indegene of Rimi LGA in Katsina State. According to Umar Idris, Chairman of 21st Century Entrepreneurs Hub and an ally of the deceased, Rimi had leadership and entreprenurial spirit, and was the Katsina State coordinator of 21st Century Entrepreneurs Hub. It was in that capacity  that he coordinated the Global Entrepreneurship in 2019 and 2020.

As a result of the prolonged ASSU strike, the entreprenurial spirit drove Rimi to establish Food Vending/Indomie joint at the diplomat area of Sokoto state to earn income as the strike action continued. It could only be someone with the entrepreneurial disposition like Rimi that did that. I was pained to read of his demise just days before going back to school to graduate. What a monumental losses!

Ikechukwu #corporateleaders



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