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Participants at The Leverage Conference have called on the government to address the crippling effects of high electricity bills on small and medium-sized enterprises across the country.
According to a statement, the Chief Executive Officer of Bukola Neville Ltd, Adebukola Adeogun, mentioned at the recent conference for aspiring entrepreneurs in Lagos that high power costs were hindering business growth, especially for nano and micro business owners.
“Outrageous electricity bills have become a major challenge for businesses trying to thrive and expand. If the government truly wants entrepreneurs to be successful, they must address this issue urgently,” she stated.
Adeogun explained the conference was designed to help young entrepreneurs recognise and leverage opportunities.
She highlighted how her company, Bukola Neville Ltd, engaged in corporate social responsibility through empowering over 5,000 women quarterly, including a recent partnership with Access Bank to train 33 women in fashion design.
The keynote speaker at the conference, a consultant and founder of Braceup The Young Academy, Obasanjo Fajemirokun, expressed concerns over the Federal Government’s decision to prevent candidates below 18 years old from sitting for the West African Senior School Certificate Examination.
He argued that the decision could hinder Nigerian students from competing globally, as age restrictions apply to certain international opportunities.
Fajemirokun said his organisation, BTY, had been actively involved in projects like ‘Edu-Girls Nigeria’, using football to boost girls’ confidence and academic performance and renovating classrooms in underserved communities.
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