UNIDO to Empower Nigerian Entrepreneurs


The Investment and Technology Promotion Office (ITPO) of the United Nations Industrial Development Organisation, UNIDO, has rolled out a programme to train Nigerian entrepreneurs in the non-oil sector on innovative solutions to improve their financial literacy as part of its Investment Learning Centre (ILC) initiative.

Senior Adviser, UNIDO-ITPO Mr. Stanislaw Pigon, who led the team of experts that trained the business owners in Lagos, said the ILC initiative “focuses on identification, preparation, promotion and implementation of investment projects of young entrepreneurs in Nigeria”.

He explained that the focus on young entrepreneurs in the non-oil sector was borne out of the global body’s discovery that most business owners in the largest black nation did not meet up with the international standard of enterprise growth, a development he added had created a lull in the growth of its economy.

UNIDO/ITPO said it was training the participants in partnership with the Bank of Industry (BOI), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Small and Medium Enterprises Development Agency of Nigeria (SEMDAN) and the University of Lagos so that they would, in turn, train millions of Nigerian entrepreneurs.

He added that the organisation offered different services to support the efforts of the Federal and state governments to attract investment and technology for industrial growth.