Solution To Unemployment Is Entrepreneurship Development – Ogban Usetu

In Breaking News, Business, Business & Economy, Interviews, National News, News, Reports

By Ilam Patricia

A Cross River based Enterprise Development Specialist; Mr. Ogban Usetu has opined that the solution to the increasing unemployment in the State is entrepreneurship and not the conditional cash transfer of the federal government, which he described as peanuts.

Mr. Ogban made the assertion Sunday evening as a guest on a topical issue based radio program “The Dialogue With Agba Jalingo” which is aired live on Hit 95.9 FM Calabar.

According to him, “It is not okay with giving peanuts to these persons because it is not sustainable, well from my own understanding; it was a way of stimulating the economy because we were in recession.

“It’s not a sustainable way because we needed to put money in the hands of people so that there can be transaction for us to exit recession, which we have achieved.”

The Enterprise Development Specialist said the solution is entrepreneurship.

Firstly, in a State like Cross River where we have about 4000 appointees, His Excellency, the Governor of Cross River State can say if I have 4000 appointees I am going to empower 4000 entrepreneurs.”

Suggesting that, “We should have entrepreneurship development fund, how much do we need to give to these persons to upscale their businesses, in that way, we balance the economy.”

He concluded that, “We are fast turning into a political economy in the State; we need to balance it if we must become the spirit of enterprise in this State. For me, entrepreneurship development is the way forward.”

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