AWKA: Mr Osita Okeke, the Co-coordinator, Concerned Anambrarians for Development (CAFD), has expressed concern over the rate of industrial collapse in Nigeria.
Okeke told the News Agency of Nigeria (NAN) in Awka that the unfortunate scenario had crippled the country’s economy.
He said that the group had, however, planned the second Nigeria-Anambra International Business and Product Exhibition in Awka from Nov. 17 to 19 to address the issues of industrialisation.
Okeke decried the high incidence of failed businesses in Nigeria, saying that this had fueled the decision to hold the business expo in Anambra.
He said that the expo would help to ensure proper exchange of ideas and international business best practices, to get the people better equipped for explosive industrialisation in the country.
Okeke said that other problems to be addressed at the expo included lack of funds, wrong application or fund diversion that affected the survival and eventually collapse of most of the industries and organisations.
He said others included poor staff welfare scheme, lack of adequate staff training, poor recruitment procedures and lack of relevant market information.
Okeke said that notable entrepreneurs from Canada, United Kingdom, Japan, Hong Kong and United States of America had indicated interest to participate in the expo.
He urged Small and Medium Enterprises in the country to participate in the venture.
“We are fully poised to help our people blaze the trail and break new grounds with their products in the international markets, to kill rising unemployment and shore up the economic welfare of our people,’’ Okeke said.
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