“Beady Nnanna: SMEs Suffer Due To Government’s Harsh Policies.”

The government’s harsh policies are inflicting pain on SMEs in Nigeria. The government needs to take action to ease the burdens many Nigerian businesses face. The sectors that contribute 48% of Nigeria’s GDP and employ many people should not be going through what some are currently experiencing. The government needs to act urgently for economic growth, says Beady Nnanna, the convener of the Business Summit and Fair (BSAF), during the annual event’s fifth edition, which included physically challenged business owners, held on 17th October 2024
The one-day Business summit and fair which is the 5th in the series is the brainchild of Beady’s Word Productions and is an annual event,
with theme
“TECH FORWARD ENTREPRENEURSHIP: NAVIGATING DIGITAL TRANSFORMATION FOR SME SUCCESS”
It had intellectuals, stakeholders from business, politics, the health sector, entertainment, ICT, and SMEs, along with different vendors exhibiting various products and services. The event featured many experts as speakers, such as:
Mr. Ismaeel Lawal,
(micro small and medium enterprise (MSMEs) development expert),
Fred Anigbogu, represented by Ifeanyi Damian Mbachua seasoned banker with over 25 years of exprince.
Dr. Suleiman Tajudeen, Head of Clinical Psychology, Lagos University Teaching Hospital, Idi-Araba,
Mr. Reuben Kalu,         Facebook and Google ambassador
Chief Dr Kamlesh Jain,        Certified Emotional intelligence Coach
Uche Ojei, MD, Trade and Export Promotion
Who highlighted key factors for excelling in the 21st-century business climate, including emotional intelligence, automating business processes, persistence, being open to digital transformation, and more.
Ecofesttconnect, an e-commerce platform for African products and services was launched for the public
The event also witnessed several distinguished personalities with various awards as Awardees.

Mr Joseph Anayo Odobeatu, Chairman/CEO, O’Jez Group, Hon. Okey Joe Onuakalusi, Member representing Oshodi/Isolo Federal Constituency, Chigozie Nweke Eze green energy expert, Ngozi Esther Chukwu Ceo Ngklassic, Bar Moyo Ogunlewew, Executive chairman Kosofe local government Area

Senator Patrick Ndubueze, Senator representing Imo North Senatorial District, and Chairman, Senate Committee on Steel Development, Dele Farotimi, Mr Augustine Chukeze Nnabuike, Emeka Nkadi, Hon Chika Muereen Ashara deputy chairman Amuwo Odofine LCDA, Hon. Rasaq Olamilekan Ibrahim, Executive Chairman  Coker-Aguda LCDA,  In all, 16 personality ware awarded with the various categories of awards.

Senator Adefuye led the exhibition tour and patronised all the exhibitors

The high point of the event was the celebration of the 80th  birthday of the life patron of Business Summit and Fair and Beadys Word productions Senator  Anthony Adefuye.

Adefuye who also addressed the summit, stressed the need for stronger legal frameworks to deter corruption in the country.

“There should be appropriate punishments for those who steal public funds,” he declared that way, will stop others from stealing.

He urged the government to enforce stricter penalties to tackle the endemic corruption that hampers national growth. participation underscored the summit’s emphasis on bridging the gap between policy and practical solutions for business owners.

The event, which was marked by inspiring speeches, engaging discussions, and the recognition of outstanding individuals, left attendees with a renewed sense of purpose and the tools needed to navigate the ever-evolving business landscape in Nigeria with a digital roadmap.

Many Entrepreneurs and industry experts at the event joined Beady Nnanna to call on the Nigerian government to review its harsh policies that are stifling the growth of Small and Medium Enterprises (SMEs) in the country.

 

 

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