₦airaland Forum

Question for the OP. Why did you believe that the religious organisations be encouraged to participate in agriculture?

Am so skeptical as touching handing over Ajaokuta steel to the Indians. I believe it would have been better it is managed by the original builders of the company, that is the the Russians

Russian technology is much different from Indian's, besides, how much will the Indians offer as take off money?

What a fantastic dream

This is the best solution Nigeria needs to solving the protracted problem of food insufficiency. Kudos to OP
May your dream come to reality in Jesus name

hayzed1090:
Hmmmm, op is obviously very brilliant and smart. however, I dnt think you really understand wat "entrepreneur" is. An individual with a great entrepreneurial mindset can build an empire from the production of chin -chin, pop corn, moi - moi , bread etc. FAMOUS TFC, QUEENS MEAL BREAD ETC ARE FEW XAMPLES.

Note: all your points are very right but all those adjustment can only start manifesting in the long - run but we need to start from somewhere , if traditional/conditional entrepreneurship can reduce unemployment and poverty in the short run then let's embrace it and work towards t advanced and modern form of entrepreneurship that can completely develop our country .

A man can build a mud house and be a champion while another builds a 25 storey building.
The difference is capability. Some nation trains her citizens to acquire technology in steel, tyre, rocket, electricity etc production. Another believes in business and anyhow business, with her citizens possessing primitive skills.
I love the mindset of the OP.

Ademat7:
imagine! soon white people will catch u and they will shout brain drain!!!

truth

1b8m:
as a prospecting chemical engineer in my undergraduate days, i carried out a research on alternative energy source in which i streamlined my work on the estimation of emission of biogas from waste dumpsites in portharcourt, and also its use as domestic fuel. i discoverred that the amount of methane emitted from just one dumpsite in a year can provide enough domestic fuel for every home in portharcourt for a quarter of a year, if properly harnessed. its been 2years i sent my findings to the appropriate ministries and am yet to be contacted

Nig, killing innovations since independence. Just follow the advice of the OP

oneolajire:
our educational sector needs to be revamped. The quality ouf education in our higher institutions are just too poor.

You said we need scarce skills, pls explain.

that is what we need. A revolution in our educational sector

Crixie:
Innovative entrepreneurs of course...Am only saying that we can't neglect or discourage small businesses.Remember 'Dangote did not invent anything but he is a billionaire today.He made money as a trader before venturing into production.He is a graduate too

Pls describe what you mean by innovative entrepreneurship. Try distinguish it from traditional and conditional entrepreneurship.

Ademat7:
exceptional write up

exceptional indeed

breadlife:
All of you that are always about education will end up working for Orji uzo kalu who didn't go to school. founder of Facebook u mentioned didn't learn hacking and coding in school, infact he's a drop out.

who told you Facebk founder was a dropout? Pls do more research. Pls try close down all schools if education is useless. We are talking of how to develop Nig the way the developed nations the developed their nations.

Did your Orji Uzor Kalu sent his kids to sch or not?

Ademat7:
or better still buy in China and sell here; our nation is missing it and we youth have not been able to sit down and address one of the numerous challenge facing our nation

hum

yemmit90:
Yeah, as well as other incentives.

hum. What kind of businesses? Like how much should be provided for each graduate?
Are u so sure it not those traditional entrepreneurship of chin chin and car wash businesses these graduates will start?

yemmit90:
@oneolajire, it seem you dont take your time reading replies very well. I notice you believe so much in your discipline as a sole pre-requisite for industrial developement, hence your refusal to see thing from different angle.

Technology is the key but social, political and economic factors dictate how far a country goes in terms of industrial development.

Perhaps you go back to read your thread very well. You said 'institutionlization of medical field directly resulted to high rate of employed doctors'. And i reply if there were few available space for doctors service just like we have in many other fields today, many doctors too would be jobless. Go and ask those graduated in 1970's and 80's, they will tell you how they were begged go work irrespective of their disciplines.

Also, if you say IT/SIWESS is not enough, i agreed because i did not studies Engineering or related courses. But what about a few graduates who passed through the same process and were excel in their various fields today? I know of a man( an economist) who read ordinary few pages manual and he's a owner of a big farm today where he train the so called graduates. What will you say about that?

As for the graduates of agriculture, i dont expect you to come up with this again because you've already acknowledged there were programs for them.

Dont let anyone deceive Olajire, if any graduate serious about farming, he/she can easily cultivate several hectres of lack with little capital using the theoretical knowledge. If a stark illiterate who dont even have acess to any formal education can make millions from farming, i dont think they have any excuse not to practicalize what they study. Nigerian students/graduates hate practical and are very lazy. FACT#

Are you still standing on your point that graduates should be given loans to start businesses? Cos to me it seems that is the solution you have to fight unemployment.

yemmit90:
Didnt say that and that was why i used my situation as a case study. Every business has a potential of growing big if a good incentive are giving by the government or society. From my previous example, you could see that my business has a potential of becoming a very big company if i have access to the things mentioned.

k

yemmit90:
Good to know you are an Engineer.

Let me go straight to the point this time. The perfect systems or development you see today in Europe and America are not what they acquired by chance but by dynamic process. These countries did not just woke in one morning and starts spending on research, no they did so after every other thing have been put in place.

I challenge you to read the developmental history of Europe and America very well. Trade and merchant are the antecedent of Large businesses and industries you see today. Research are meant for discoveries and modern way of production and not necessary a sole antecedent to industrialisation(especially in developing nation)

Perhaps i should tell you this, i'm currently doing a business i employed 7 persons, and with the remaing few months of this year, if i could get additional 10 million low interest soft loan to execute some plans, there is no way i wont be able to provide jobs for additional 40-50 persons. And if i was able to utilise this money for 5 years, how many persons do you think i would be able to provide jobs for? Therefore if 500 thousand youths got the same opportunity like me, dont you think we will create additional 100 millions jobs for the unemployed population?

pls don't be offended. Do you mean your business is not of the traditional entrepreneurship?
what is the importance of attending a tertiary institution when graduates cannot create jobs in Nig, but to graduate and tell them to start chin chin businesses?

yemmit90:
@op, Gospel of Traditional enterpreneur as you called it is not that bad but failure of the government to create enable environment for such enterpreneurers to grow.

You claimed somewhere in your subsequent posts that someone should read a book about 'How nation developed'. Well, i dont think you'd read it yourself or maybe you read the ones concocted by imperialists scholers.

No national will ever developed by neglecting the so called Traditional enterpreneur. Every developed country in Europe and America started their developmental progress by the means of PROCESS. Starting from Agrarian society to Trade(retailers and machants), then industries. Infact if the so called gospel of traditional enterpreneur has started earlier(1960's), there would've been a thousand indigenous companies like Dangote group today.

I know someone will say i misunderstood the Op, NO he was still saying the same think by terming the campaign for his Traditional enterpreneur a SCAM.

seems you dont want to get what the OP is saying, he never said we should discard traditional entreprenuership, he is saying we should lay extreme emphasis on the development of innovative entrepreneurship as that is what can generate rapid development.

Funny enough, Dangote started entrepreneurship as a capital entrepreneur, he was never a traditional entrepreneur

ayobamipeters:
nice write up and well articulated points.
Whether its vocational, conditional entreprise etc all that matter is how much the government is willing to invest in the education sector because this will reflect in ur job creating ability , it doesn't matter which class of the entrepreneur u belong to. Mc Donald in d US started as a barbecue restaurant in 1940 but in no time the coy became a multinational and as at 2015 they already have 420'000 people working for dem. Isn't dat job creation?
Founders of mc Donald experienced growth just because they ve all it takes to bring creative ideas into wat people will call a menial job now. Let out leaders or lemme say the affluent invest massively in us , in the education sector and people will be amazed at what the results will be. Nice job again writer.

hum, McDonald made use of technology (created/innovated by Americans) to develop his business into a global venture. Those technology products used by McDonald has been developed to become global ventures as well. We need innovative entrepreneurs enmass as well as traditional entrepreneurs

oneolajire:
thanks for your comment. The reason why lecturers who studied abroad couldn't revolutionize the education system here is because the funds for qualitative education is lacking as well as the political will of the government to provide qualitative education. They couldn't beat them(the poor educational system), so they joined the

To graduate as a medical doctor in Nig, much practical training is required, though they dont get it all, what they have is sufficient to manage out hospitals. They do lot more that prescribing anit-malaria, else let advocate the closure of our hospitals.

Going global means embracing education as well as technology.

fact

Morewealth121:
one world for graduate. BUILD YOUR DREAM OR SOME ELSE WILL HIRE YOU TO BUILD THIERS

what the OP is saying is that most graduates of developed countries built their dreams in-line with the courses they studied on campuses, so they were able to create abundant job opportunities. But Nigeria wants all graduates to build their dreams along the same chin chin and liquid soap production.

Besides, why should we turn out graduates if we can make them white collar job creators?

Pls what are the dreams, special dreams you have for today's graduate? Thank you

Acidosis:
All around the world, majority go to school with the aim to obtain a job in Microsoft, GTB, GE, etc.

Had it been the gospel of entrepreneurship started earlier, Nigeria must have grown beyond this level. While Dangote was building his edifice, how many of our parents had the guts to launch a startup. Go and ask anyone within the age group of 60 - 70, they'll tell you the fact that JOBS were readily available for even primary school leavers. They practically begged people to take government jobs.

My dad fired himself on a Friday and got another job with the Kwara State Govt on Monday without stress or connection.

If the gospel of entrepreneurship, innovation and technology was preached 40 years ago, we would have gone beyond this level.

Nobody in Nigeria ever thought about owing a private university until 1996! Just imagine!! Meanwhile, the oldest private university in the world opened its gate in 1636 (LOL!).

Let the message of entrepreneurship sink deep into ALL. Nigerians presently have some innovative entrepreneurs (e.g. founders of Jobberman, Konga, etc), it will get better with time.

What I think you should address is the inadequate number of Industrialists. Some students have great plans, but it takes series of "traditional entrepreneurial" tasks to achieve their aims. No bank in the world fund "innovative ideas", especially those raised by 'poor students'

firstly, it seems you are very young and you don't know the effect of unemployment in Nigeria, especially graduate unemployment.

Secondly, you need to read wide, you can search the internet about points am going to raise now.


First industrial revolution
second industrial revolution
OECD countries
silicon valley
Asian Tigers
Newely Industrialised Economies

when you read these, you will fully agree with the OP

Acidosis:
That he can achieve without demeaning other stakeholders in the value chain. He can condemn the lack of innovative entrepreneurs without necessarily dragging those who love social entrepreneurship or trade to the mud.

Some of these firms he mentioned are older than Nigeria. Besides, I think an innovative entrepreneur would excel independent of the government. Nobody succeeds on 100% handouts from the government.

the OP is saying we should Major in creating millions of innovative entrepreneurs from our higher institutions each year, and MINOR in creating traditional entrepreneurs. If the OP has to 'demean' the alarming rate at which Nigeria grows traditional and conditional entrepreneurs, he is correct. Really correct.

Acidosis:
Until we attain a firm consensus, and all encompassing meaning of Entrepreneurship, we'd continue to dabble into endless arguments.

I'll like you to define the following:

Trader
Merchant
Sole proprietor
Entrepreneur
Intrapreneur
Social entrepreneur
Industrialist
Self-employed
Businessman
Enterprise
Company
Start-Up
Corporation
Business
SME
Organisation
Trade


Upon completion, we can then begin to talk about the accuracy of your article sir.

You have not even got the perspective of the OP and seems you dont want to get it. He is really talking of how to we can greatly reduce graduate unemployemt by making innovative entrepreneurs out of them.
Nigerians love to recycle policies and that have lesser than 10% success. Lets grow this country like South Korea grew hers.
The result of our policies will tell in ten twenty years to come.

Besides your comment seems argumentative without proferring a curative solution to the endemic problems of poverty and unemployment in Nigeria.

oneolajire:
you dont need to develop traditional and conditional entrepreneurs, they automatically find thier place in the economy. If you take a good look at developed countries their natives are innovative entrepreneurs while foreigners are the traditional and conditional entrepreneurs. The foreigners do meanial jobs that the natives don't do.

Conditional and traditional entrepreneurship has never developed and nation, I mean no nation.

truthfully, pop corn and chin chin entrepreneurship does not develop a nation.

Gmajor:
Its shameful that the children of the rich who have access to large amounts of capital and sound technical advice wil never go into enterpreneurship. Rather their parent will fix them in CBN

see what innocent and helpless Nigerians are facing in the hands of the rich.

This is fantastic! One of the best articles on Nairaland. OP you've done a very wonderful job.


Frontage pleaseeeeee

Policy makers in Nigeria, over to you

Surest solution, hard way indeed but it is still the best way out of unemployment. Good job OP

Vanity upon vanity. I hope he will drive at least 5 cars at the same time

Hi, do you know that the government has no solution to the problem of unemployment?

The solution they are recommending is a scam, a big scam. That solution is entrepreneurship. Entrepreneurship is a big scam. A waste of money.

A guy wrote on that on nairaland 'entrepreneurship is a scam in Nigeria and a multiplier of poverty'. On nairaland, click on business, you'll find the article.

If you need me to copy the link to you pls inform me.