The number of small and medium enterprises has exceeded 44 million, a foremost enterprise support organisation, Fate Foundation has said.
The organisation said it has been able to reach out to about 2 million entrepreneurs across the country.
Its Dean & Director, FATE School, Bambo Adebowale, said the foundation is driving a shift in mindset that could be the key to transforming Nigeria into one of the world’s leading startup ecosystems.
Answering questions during a press briefing on preparations for 10th FATE Business Outlook and Alumni General Meeting (AGM) scheduled for Friday, Adebowale noted that the path to the vision requires more than just regulatory reform.
To thrive, he noted that the country must overcome a prevailing culture of negativity that hampers both public and entrepreneurial enthusiasm.
On the Business Outlook, he noted that the platform has grown into a powerful avenue for entrepreneurs, providing them with invaluable insights to drive sustainable growth in their businesses.
