Group advocates support for Nigerian entrepreneurs


A group of young entrepreneurs, under the auspices of Hype Communications have called on corporate organisations, government and non-governmental agencies to support entrepreneurs and programmes on entrepreneurship in Nigeria.

The Director of Media, Hype Communications and a participant on “The Next Titan reality TV show”, Catherine Agbo, in a statement, pointed out that available statistics by the Small and Medium Enterprises Development Agency of Nigeria, (SMEDAN) and the National Bureau of Statistics (NBS) show that Nigeria has over 37 million Micro- Small and Medium Enterprises (MSMEs) who employ over 54 million skilled and unskilled labour and contribute about 54 percent of the country’s Gross Domestic Product, GDP.

According to her, past winners of shows such as The Next Titan reality TV show, which is currently in its 6th season have continued to enlighten and stimulate the entrepreneurship spirit in youths over the years, to become employers of labour and are contributing massively to the development of the country’s GDP, hence the need for support for them.

“It is for this reason that even when globally successful educative entrepreneurial shows such as Dragons Den and The Apprentice were brought to Nigeria, they failed to attract the same level of attention,”
“Entrepreneurs are by nature, job creators, and for every entrepreneur that is supported to grow, there is one person less in the job market who goes on to provide jobs for others. Entrepreneurship plays a critical role in the economic growth and standard of living of the country and should be encouraged,” the entrepreneurs added.

The Next Titan is a Nigerian entrepreneurial reality show which premiered in 2013 .

The show gives an opportunity to young talented Nigerians who have great and innovative business ideas to compete against one another in real-life entrepreneurial challenges in a bid to ultimately win Seven Million Naira to start their new business or to support their existing business

Peace PIAK