Entrepreneurs, Business Owners, and Saving the Nigerian Economy
by Joan James
“you shouldn’t leave a place because of its problems; it can serve as a land of opportunities.”
In the past and present, fleeing Nigeria has been more of a hasty decision than a deliberate question. Still, is fleeing Nigeria the best decision for business owners?
In a news report from November 2, 2022, the Canadian government expressed that it plans to receive 1.45 million immigrants, including Nigerians, by 2025. The aim is to find enough workers for various businesses.
However, in another news report from October 14, 2022, Vice President Yemi Osinbanjo declared that the fate of the Nigerian economy lies in the hands of entrepreneurs and business owners. He made this statement while praising the Gombe state government for collaborating with private business owners.
Owing to the collaboration, the GDP of Gombe State is almost three times the GDP of Gambia and nearly the same as the GDP of Liberia. Vice President Yemi Osinbanjo concluded that if there is a successful collaboration between the federal and state governments with private business owners, there will be a great improvement in the Nigerian economy in terms of growth and productivity.
Now, based on the two news stories, what is the best decision that an entrepreneur or business owner can make? According to Uju Justin, fleeing Nigeria isn’t the best decision. She explains that you shouldn’t leave a place because of its problems; it can serve as a land of opportunities.
Furthermore, in an interview with some Nigerian citizens, some believe that Nigerians should stay back and look for ways to develop Nigeria. One of them gave an example of how the Chinese economy was resurrected after the people chose to work together to fix it.
Nonetheless, an anonymous source believes that leaving is better if you have the means to. The source added that “the environment isn’t friendly” for businesses to thrive. Nevertheless, the source suggests that things might get better “when/if the Nigerian government supported entrepreneurship in Nigeria.”
Hence, what is the best decision a Nigerian entrepreneur or business owner can make in times like this? Should you leave a land filled with problems or stay back to make opportunities out of them? You’re free to express yourself in the comment section.
REFERENCES
1 Angbulu, S. (2022, October 14). Nigeria’s future depends on entrepreneurs, businesses, Osinbajo says. Punch.
2 Osaji, S. (2022, November 2). Canada to receive 1.45 million migrants in three years. Punch.
