Firm Commits to Entrepreneurship Development

A Nigerian firm has reaffirmed its dedication to fostering entrepreneurship as a tool for economic transformation and job creation. At a recent business development summit in Abuja, the company unveiled new initiatives aimed at supporting startups and empowering young entrepreneurs across the country.

Speaking at the event, the company’s Chief Executive Officer, Mrs. Olufunke Adeniyi, stated that entrepreneurship remains the most viable path toward reducing unemployment and stimulating inclusive growth in Nigeria. She emphasized that the private sector has a crucial role to play in nurturing innovative minds and providing them with the tools, funding, and mentorship needed to succeed.

“Our commitment goes beyond financial support,” Adeniyi said. “We are building a platform that helps entrepreneurs acquire practical skills, access industry networks, and overcome the common barriers that stifle innovation and business sustainability.”

The firm plans to launch a new accelerator program designed to support early-stage businesses in key sectors such as agriculture, technology, healthcare, and retail. The initiative will offer training, workspace, mentorship, and seed funding to selected entrepreneurs over a six-month period. According to the organizers, priority will be given to businesses led by women and young people.

In addition, the company is partnering with tertiary institutions and vocational centers to integrate entrepreneurship modules into their curricula, aiming to equip students with the mindset and skills to create value, not just seek jobs after graduation.

Industry stakeholders at the event praised the initiative, noting that such support is essential in a challenging economic climate where access to capital, infrastructure, and market opportunities remains limited for many aspiring entrepreneurs. Several attendees shared testimonies of how earlier interventions by the firm helped them scale their ventures or refine their business models.

One of the beneficiaries, Daniel Oje, who runs an agro-processing startup, said the training and mentorship he received under a previous program were instrumental in helping him attract investors and grow his business. “They taught me how to pitch, how to manage my finances, and how to build a brand. That kind of support changed everything,” he said.

Experts also noted that while government-led programs exist, private sector involvement often brings more agility, sustainability, and innovation to the table. By leveraging their networks, experience, and resources, corporate organizations can fill critical gaps and foster a more resilient entrepreneurial ecosystem.

The company’s renewed focus on entrepreneurship is part of its broader corporate social responsibility strategy, which includes youth empowerment, education, and economic inclusion. Plans are already underway to expand the initiative to other regions of Nigeria, with the aim of reaching at least 10,000 entrepreneurs over the next five years.

As the Nigerian economy continues to navigate global and domestic challenges, experts believe entrepreneurship will play an increasingly vital role in creating employment and diversifying income sources. By investing in small businesses today, firms like this are helping to build the foundation for a more innovative and self-reliant economy.