Foundation equips South East businesspeople with skills
The Ultimate Destiny Uplifters Foundation, a non-governmental organization, has provided training and skills to entrepreneurs in the South-East so they can maintain their enterprises in spite of the obstacles the nation’s businesses confront.
The goal of the two-day corporate leadership boot camp, according to the foundation, was to improve participants’ networking and leadership and business management abilities while taking place at the Dolly Hills Hotel in Onitsha, Anambra State.
A diverse range of people from different economic sectors attended.
Dr. Ezuma Chinedu, the founder of UDUF Africa, emphasized in his introductory comments that entrepreneurs must “persevere and acquire necessary skills to achieve business goals.
Chinedu listed the following factors as having a detrimental effect on entrepreneurs: “poor government policies, devaluation of the naira, low social values, international debts, and corruption, among others.”
“The Foundation aims to provide capacity-building opportunities to leaders, entrepreneurs, and young people who are passionate about transforming African communities and serving humanity,” he continued.
Participants in the boot camp had in-depth discussions about how exchange rate swings affect Nigerian small and medium-sized businesses.
There was also discussion of the consequences of these problems, which included elevated transit expenses, elevated food prices, elevated crime rates, insufficient cash, and reduced productivity.
The boot camp suggested a number of control measures to address these issues, such as “establishing refineries, encouraging local production, implementing good financial policies, reducing the cost of governance, decreasing interest rates on loans for SMEs, and promoting an export-driven economy.”
According to the participants, these actions were taken to raise the GDP of Nigeria and enhance the performance and survival rate of SMEs there.
Professionals like Lady Chinwe Nebolisa, a business consultant, Prof. Olusegun Sogbesan, the director general of Onitsha Business School, and Emmanuel Ikenna, a professional corporate leadership coach, led the boot camp breakout sessions.
The panel talks also focused on the need of self-leadership, time management, goal-setting, and motivation maintenance for entrepreneurs and leaders in order to succeed in their commercial ventures.
They also discussed wealth development, wise investing choices, and the foundations of launching, expanding, and maintaining a firm.
At the end of the boot camp, participants received their diplomas and the facilitators hosted a night of tea and suya.
