Nigeria: FIRS Boss says Entrepreneurship, Industrial Hubs Hold Key to Nigeria’s Development

According to Muhammad Nami, Executive Chairman of the Federal Inland Revenue Service, entrepreneurship and industrial hubs spread throughout the federation are crucial to Nigeria’s economic success.

According to a statement issued yesterday by Mr. Johannes Wojuola, Nami’s Special Assistant (Media & Communication), the implementation of the model will result in a generalized restructuring of the economy.

Nami urged Nigerians to invest in the development of entrepreneurship and industrialization hubs because they hold the “key to unlock the massive economic potentials of the country” in his Goodwill Message to the nation’s citizens on the occasion of the nation’s 62nd Independence Day anniversary.

He called on state governments to emulate the Ondo State’s Entrepreneurship Village which was set up to groom and harvest talents for the industrialization of the state.

The chairman called on other state governments to set up similar hubs in their states as a way of channeling the energies of young Nigerians to productive uses.

He said, “Nigeria is a country with limitless potential. We are resilient and talented people, and what these young Nigerians need is the enabling environment to thrive.

“A good place to start is the setting up of Entrepreneurship and Industrial Hubs across every State in the country. This would set off a chain reaction that would turn around the fortunes of the country and tap into the potentials of our vast young and dexterous population.”

Mr. Nami called on the various state governments to adopt and deploy this model as a strategy to tackle issues of unemployment and insecurity while spurring economic activities in their states.

“The model will take young people away from the streets and put them into productive activities.

“You will be surprised by the number of jobs that would be created. Multitudes would have their lives changed, and an abundance of economic activities would be sparked across the nooks and crannies of our country in an unprecedented manner. Nigeria has what it takes to lead the world, and this is one way to go, ” Nami said.

The FIRS boss also tasked Nigerians to see themselves as the drivers of the country’s development through their patriotic conduct, such as paying taxes.

He said, “I am a firm believer that each of us has a role to play in building the Nigeria of our dreams.

“But we can only achieve this when we are patriotic and carry out civil obligations expected from us, such as respect for law and order, paying our taxes, and loyalty to our country.