The Chairman of the United Bank for Africa (UBA) Group, Mr. Tony Elumelu, has advised President Muhammadu Buhari, to address Nigeria’s epileptic power situation as well as ensure that operators of micro, small and medium scale enterprises (MSMEs) are given the necessary support in his second term.
According to Elumelu, who is also the founder of the Tony Elumelu Foundation, access to electricity is critical to growing the Nigerian economy.
“I think power is critical. We know that access to electricity and improvement in that sector will help to galvanise and grow the Nigerian economy and I believe this government is going to do that going forward.
“Another sector that is critical and very important is the private sector and especially the small and medium scale enterprises. We know that countries that prioritise their small and medium scale enterprises do very well in creating employment and alleviating poverty.