University of Lagos Professor Urges Nigerians to Adopt Entrepreneurship

Professor Sunday Adebisi urges Nigerians and government to focus on entrepreneurship to address socio-economic issues, with support from the University of Lagos and the Mike Adenuga Professorial Chair in Entrepreneurial Studies

University of Lagos Professor Urges Nigerians to Adopt Entrepreneurship

In a bid to address the pressing issues of deprivation, hunger, unemployment, and emigration, and to bring numerous unofficial enterprises into the formal system, Nigerians and governments at all levels have been urged to adopt a focus on entrepreneurship as a matter of policy and conscious desire.

The call was made by Sunday Adebisi, a professor and the first occupant of the Dr. Mike Adenuga Jr. Professorial Chair in Entrepreneurial Studies at the University of Lagos, during his first special lecture on ‘Revolutionising the Nigerian Economy to Create Jobs and Sustainable Wealth.’ Adebisi, who is also the director of the school’s Entrepreneurship and Skill Development Centre, spoke at the event held at the University of Lagos on the topic, ‘The Sole Ladder, The Sole Option, The Sole Platform.’

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Adebisi opined that the daily happenings in and around Nigeria present opportunities that could help the country generate enormous amounts of money if the people were given guidance and well-thought-out regulations. He urged the government to identify possible innovations in their areas of strength and motivate citizens to pursue enterprise opportunities there. He further called for a deliberate effort from all three tiers of Government to support the democratization of innovation and entrepreneurship from the next academic session in all levels of education in Nigeria, with a good monitoring team at all levels.

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The Vice Chancellor of the University of Lagos, Professor Folasade Ogunsola, lauded Mike Adenuga for his commitment to promoting entrepreneurship and entrepreneurial academic knowledge and skills acquisition through the endowment of the professorial chair. She noted that the determination of the Adenuga Professorial Chair’s Board of Trustees is pushing the university closer to the fulfillment of a common goal between the donor and the institution. This goal is to use the chair to jointly explore novel avenues that would not only address the economic challenges the nation faces but also clear the way for children to grow up in a sustainable and prosperous future.

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The lecture, according to Professor Taiwo Osipitan, chairman of the Board of Trustees of the Dr. Adenuga Professorial Chair, was intended to examine how to incorporate entrepreneurship challenges and generate profitable employment in the nation.

The Mike Adenuga Professorial Chair in Entrepreneurial Studies was instituted in 2008 to kindle Entrepreneurship Research, knowledge and practice, and enterprise creation in the nation’s fledgling democracy.