Occupier of Dr. Mike Adenuga Jr. Professorial Chair in Entrepreneurial Studies, University of Lagos (UNILAG) Professor Sunday Adebisi has proposed a new economic model, ‘New Enterprise Nigeria’ (NEN), as an immediate solution to the nation’s economic problems.
Adebisi, who spoke at UNILAG on Thursday, while delivering the second edition of the Dr. Mike Adenuga Jr. Professorial Chair in Entrepreneurial Studies lecture entitled, “Navigating the present stormy Nigerian Economy: The New enterprise Nigeria as the anchorage,” said the NEN intervention is the most feasible route to resuscitate the nation’s economy, leading to long term growth.
He said the NEN intervention, which is anchored on transparency and accountability, includes fit-for-all purpose infrastructural projects, integration of all ministries’ activities in synchronisation with Nigerian needs, 25 years food security plan, stop borrowing and push for debt rescheduling plan and digitalisation of bureau de change transactions in Nigeria that will help to revitalise the nation’s economy.
Aggressive Job creation through enterprise and startup, creations and investment into innovation drivers, subsidy removal management, combating inflation, politicopreneurship, acada-solution consortium, intentional and continuous youth re-orientation as well as wealth creation opportunity are other components of NEN highlighted by the university don.
In her welcome address, vice chancellor of UNILAG Professor Folasade Ogunsola expressed gratitude to Adenuga for partnering with the university in enhancing the frontiers of entrepreneurial academic knowledge and skills acquisition at the varsity. This partnership, she said, is made possible through the endowment of the Adenuga Professorial Chair.
Chairman of board of trustees of Adenuga Professorial Chair, Professor Taiwo Osipitan, stated that the lecture was designed to enlighten the public on how to solve the nation’s economic problems and create gainful employment in the country.
The Mike Adenuga Professorial Chair in Entrepreneurial Studies was instituted in 2008 to ignite entrepreneurship research and open a new frontier for entrepreneurship knowledge and practice, as well as enterprise creation in the nation’s democracy.
