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Entrepreneurship is key to eradicating poverty — SMEDAN boss

Students need to set up entrepreneurship clubs in their various universities so as to needed skills before they graduate.

University students have been urged to set up entrepreneurship clubs in their respective institutions and imbibe entrepreneurship skills that will make them job creators in Nigeria's unemployment plagued labour market.

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The Director General of the Small and Medium Enterprises Development Agency, (SMEDAN), Alhaji Bature Umar Masari, said this when he received students from the Economics Department of the Adamawa State University, Mubi, visited the agency's head office in Abuja.

He said the clubs would help the students to imbibe entrepreneurship skills that will make them job creators.

"I encourage you to try to set up entrepreneurship club in your schools so as to start early to internalise the spirit and zeal of entrepreneurship which is key to eradicating poverty, social vices and insurgency menace in the country," he said in a Daily Independent report.

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Citing the example of developed nations, Masari said the onus is on the private sector to augment since it is impossible for the government to create all the needed jobs on its own.

"Look at the developed countries like China, Japan, and USA; it is their private sector through the encouragement of MSME, which created major jobs that employed a larger percentage of the people."

Masari said SMEDAN and the National Universities Commission (NUC) last year launched the Universities Entrepreneurship Development Programme (UNEDEP) to promote the spirit of entrepreneurship amongst Nigerian students.

He said all Nigerian universities are expected to participate in the programme.

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