SAN FRANCISCO, June 01, (THEWILL) – Speaker of the House of Representatives, Hon. Yakubu Dogara, on Wednesday, has highlighted the importance of creating jobs through adequate funding of small and medium businesses (SMEs) in the country.
Dogara made the declaration when he received a delegation from the National Assembly Business Environment Roundtable (NASSBER) Group in Abuja.
“We believe that the best way we can engender prosperity in the nation and fulfil the promise of democracy is when we get people to work, especially in the area of business,” he said.
“Small and Medium Business Enterprises, small businesses generating wealth, generating employment and so on and so forth. I have cause to say that the multinationals don’t generate wealth; they rather provide platforms to which citizens’ wealth migrate to them.
“And in most cases the capital is exported in in terms of profits that they make from the nation. Small businesses that employ 40 workers; and if you have two million of those businesses employing 40 workers, on the average you are talking about 80 million jobs; and we can do that in this country.”
The Speaker maintained that the best way to create prosperity in the nation and fulfil the promises of democracy was to provide jobs to people, especially through SMEs.
Story by David Oputah
