United States Consul General Claire Pierangelo on Tuesday spoke to the inaugural cohort of Consulate-sponsored fellows in the Tony Elumelu Foundation Entrepreneurship Program at the first joint Entrepreneurship Seminar.
Pierangelo noted the importance of entrepreneurs to Nigeria’s future economic growth and reiterated Nigeria’s significance in the West African sub-region and its potential impact on the prosperity for the entire continent.
She said, “If Nigeria is successful, it’s extremely young population will represent a tremendous source of productive labor and an extremely attractive market for a variety of products and services. Its success will be Africa’s success and the world will also benefit from the creativity and resourcefulness of its people.”
The CEO of the Tony Elumelu Foundation, Ifeanyinwa Ugochukwu, highlighted the importance of strategic alliances for the country’s sustained economic development. “It is clear that development aid does not solve economic problems, handouts never work in the long-term and in no developed country does government shoulder the economic burden alone,” she said.
The seminar also included a presentation on “Globalization and Nigeria” by John Doggett, a Senior Lecturer at the McCombs School of Business, University of Texas at Austin, and a panel discussion on the “Key to Success” featuring Olori Anita Ololade Odozi, fashion entrepreneur; Adebola Williams, Co-Founder of Red Media Africa; African Farmer Mogaji, CEO of African Farmer; and Omowale Ogunrinde, CEO of Field of Skills and Dreams.