National Commandant of Peace Corps of Nigeria (PCN) Dickson Akoh, on Sunday, said regular and efficient power supply remained the catalyst for maximisation of the nation’s entrepreneurial capacity.
He said this during the first anniversary of Shagmus Nigeria Integrated Service Limited with the theme “Creating New Nigeria through Strategic Empowerment” in Abuja.
He added that stable power supply was the basis for creating more wealth, job opportunities and unprecedented economic growth.
He noted that “unless and until the Nigerian state plays its required role as provided in the neo-liberal economic order of providing enabling environment, poverty reduction may remain a mirage.
“Reforms can only be functional when states fulfill their stakeholder role.”
Akoh stressed the need for increased political will on the part of leaders to improve
opportunities and capabilities of the poor and reduce vulnerabilities.
He added that corruption, poor state of basic infrastructure and weak institutions
remained major deterrents to investment, sustainable growth and improved social welfare.
He called for focused leadership and stronger state institutions for reforms to significantly
reduce poverty and stimulate economic progress.
Mr Kerry Kenu, the Chief Executive Officer of Shagmus Nigeria Integrated Service Limited, said
the organisation was aimed at creating empowerment opportunities through global technology and entrepreneurship.
“We have created a structure built on reliability, efficient and dedication to satisfy users; we will continue to strive to create a name that will stand the test of time,’’ Kenu said.