Home SMEs Lagos creates Wealth Creation Academy for SMEs

Lagos creates Wealth Creation Academy for SMEs

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The Lagos State government has established a wealth creation academy to assist SMEs.

Mrs Yetunde Arobieke, Commissioner of Wealth Creation and Employment said the government established the academy to provide small businesses with new tools to help them thrive, expand, and further contribute to the nation’s economic growth.

She said the academy would promote empowerment, and contribute to creating competitive SMEs that are focusing on increasing productivity, technology, and innovation.

Mrs Arobieke sought the support of private organisations for economic prosperity and greatness through creativity, wealth creation and entrepreneurship.

Head of Entrepreneurship Department, Ministry of Wealth Creation and Employment, Mrs Taiwo Abiose, said 100 people were to attend the academy this year. She said the target was to increase it to 500 in the future.

She said the government organised the academy to help SMEs boost productivity, and increase and improve competitiveness.

The founder/Chief Executive, of Leadership Challenge Foundation, Mrs Joy Success Ikpe, said the foundation had trained many people on entrepreneurship.

She said the foundation partnered with the Ministry of Wealth Creation and Employment to empower SMEs to grow business profitably and transform the lives of many.

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