Obi: Nigeria's Innovation Boom Depends on Backing Everyday Entrepreneurs

Written By: Flipbz.org

Peter Obi, the Labour Party's presidential candidate in the last election, has issued a strong call for Nigeria to prioritize small businesses as the engine of future growth and job creation.

Speaking at a recent forum, Obi argued that the country's path to economic prosperity lies in nurturing startups and micro-enterprises rather than relying solely on large corporations or government handouts. He pointed out that small businesses already employ millions and drive local innovation, yet they face crippling hurdles like limited access to credit, high taxes, and unreliable power supply.

"These are the real heroes of our economy," Obi said. "Give them the tools to succeed, and they'll build the Nigeria we all dream of."

He urged policymakers to simplify regulations, offer low-interest loans, and invest in skills training programs tailored for young entrepreneurs. Obi also highlighted success stories from other nations where targeted support for small firms sparked widespread prosperity.

Business leaders in attendance echoed his views, warning that ignoring this sector could stifle creativity and deepen unemployment. They called for immediate action to create a more friendly environment for grassroots ventures.

Obi's message resonates amid ongoing economic challenges, positioning small business support as a practical solution to unlock Nigeria's potential.