UNIDO Empowers Nigerian Entrepreneurs With Financial Skills

unidoThe United Nations Industrial Development Organisation (UNIDO)
  • UNIDO Empowers Nigerian Entrepreneurs With Financial Skills

The Investment and Technology Promotion Office of the United Nations Industrial Development Organisation said it had trained some Nigerian entrepreneurs in the non-oil sector.

It said in a statement that the entrepreneurs would be trained in innovative solutions to improve their financial literacy as part of its Investment Learning Centre initiative.

The Senior Advisor, UNIDO-ITPO, Mr. Stanislaw Pigon, who led the team of experts that trained the business owners, in Lagos, said the ILC initiative “focuses on identification, preparation, promotion and implementation of investment projects of young entrepreneurs in Nigeria.”

He explained that the focus on young entrepreneurs in the non-oil sector was born out of the global body’s discovery that most business owners in the largest black nation did not meet up with the international standard of enterprise development, a development that had created a lull in the growth of its economy.

UNIDO-ITPO said the training was in partnership with the Bank of Industry, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, the Small and Medium Enterprises Development Agency of Nigeria and the University of Lagos.

Pigon said the organisation offered different services to support the efforts of the federal and state governments to attract investment and technology for industrial development.

He said, “We are engaging states in this regard. We are in Niger State talking on how to grow the Shea Butter industry and we have started a flagship programme in Sokoto.”

While we are also trying to develop the stone sector in Ogun State, we are committed to growing the Lagos fashion hub.

“We are investing in capacity building services in the context of the Third Industrial Development Decade for Africa. Our trainings are aimed at developing business incubation management systems, providing counseling and training services for Nigerian businesses.”

About the Author

Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.

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