NASME seeks structural entrepreneurship – The Nation Newspaper

The National President, Nigerian Association of Small and Medium Enterprises (NASME) Dr. Abdulrashid Yerima has called for structural entrepreneurship, stating that structural entrepreneurship and apprenticeships are crucial for driving Nigeria’s sustainable economic development.

Yerima made this call during the induction of members of Institute of Entrepreneurship and Apprenticeship Management and Administration (IEAMA) in Abuja, with the theme, “Grooming a new generation of structured entrepreneurs and professional apprentices for sustainable national development.”

He stated that entrepreneurship must evolve from improvisation to institutionized practices guided by discipline, ethics and structure.

He explained that prosperity is structured systems that turn ideas into enterprises and skills into industries. He noted that millions are in business, but few manage apprenticeship with structure, ethics, long-term sustainability and from informal practice to professional identity.

“Modern entrepreneurs create value, employ labour, contribute to GDP and drive innovation while apprentice is a training that promotes transparent processes and secure generational wealth transfer and reducing youth unemployment,” he said.

The NASME President urged youths to engage in business activities that will generate wealth, employment and opportunities, noting that this opportunity exists for individuals to create wealth in various sectors. 18 members were inducted as Directorate fellows of IEAMA, 21 as fellow members and 14 as senior members.