Entrepreneurship, Industrial Hubs hold key to Nigeria’s economic transformation ― FIRS

Federal Inland Revenue Service (FIRS) Executive Chairman Muhammad Nami has stated that Nigeria’s economic transformation is possible through entrepreneurship and the establishment of industrial hubs across the federation.

He noted that adoption of this model would bring about sweeping economic transformation.

Mr Nami, stating this in his message of goodwill to Nigerians to mark the 62nd anniversary of the country’s Independence Day, urged citizens to invest in the creation of entrepreneurship and industrial hubs as they hold the “key to unlocking the vast economic… potential of the country”. ”

The Executive Chairman of FIRS urged states to emulate the Ondo State Entrepreneur Village, which was set up to nurture and harvest talent for the state’s industrialization.

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He urged other state governments to adopt this model and set up similar hubs in their states to harness the energies of young Nigerians productively.

“Nigeria is a country with limitless potential. We are resilient and talented people and what these young Nigerians need is an enabling environment to thrive.

“A good starting point is to set up centers for entrepreneurship and industry in every state in the country. This would set off a chain reaction that would turn the tide of the country and unlock the potential of our vast young and skilled population.”

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Mr. Nami urged the various state governments to adopt and use this model as a strategy to address unemployment and insecurity issues while boosting economic activity in their states.

“The model will get young people off the streets and into productive jobs.

“You will be surprised how many jobs will be created. Many people’s lives would be changed, and an abundance of economic activity would be ignited in unprecedented ways in the nooks and crannies of our country. Nigeria has what it takes to lead the world and this is one of the ways to do that,” said Mr Nami.

The FIRS chief also took the opportunity to urge Nigerians to see themselves as drivers of the country’s development through their patriotic behavior, such as paying taxes.

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Johannes Oluwatobi WojuolaNSpecial Assistant to the Executive Chairman, FIRS (Media & Communication) quoted Mr. Nami as saying, “I firmly believe that each of us has a role to play in building the Nigeria of our dreams. But we can only achieve this by being patriotic and fulfilling the civic obligations expected of us, such as respecting law and order, paying our taxes, and being loyal to our country.”


Entrepreneurship, industrial hubs are key to Nigeria’s economic transformation – FIRS