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Thursday, November 12, 2015

WORLD ERADICATION OF POVERTY DAY: JCI Ota, Duality Business Academy Tackle Poverty through Wealth Creation Summit.



Duality Business Academy and Junior Chamber International, Ota observed the United Nations International Day for Poverty Eradication by hosting the Business, Entrepreneurship & Leadership Summit (BELSummit) to enlighten participants and encourage them to start businesses that are viable and sustainable.
The Summit which was held on the 17th of October, 2015 was tagged “Education and Entrepreneurship: Catalyst to Wealth Creation” with speakers: JCI Senator Paschal Dike, the newly elected JCI World President, the C.E.O. Emobella Engineering, Precious Adeho, winner, YouWin Grant and Tony Elumelu Foundation Grant, and Dr. (Mrs.) Olufunke Akinkurolere, the Rector, Ogun State Institute of Technology and Mr. Babatunde Thomas, CEO Legacy Insurance Brokers Ltd present.



Nigeria’s poverty rate presently is put at 33.1% and its youth population has one of the highest unemployment rates in the world at 7.5%. It was for this reason that the BELSummit was organized to create awareness for startup opportunities and help facilitate the startup process through the Academy. The Conference Secretary, Yetunde C. Babatunde made this known when she explained that, “[our] pledge as a body is to raise sustainable businesses and entrepreneurs one, two, three at a time.”

The first speaker, Dr. (Mrs.) O. Akinkurolere said that “our community needs the Enterprising youths if it will develop. She admonished that “all youths gathered here must develop enterprising spirit or become enterprise minded for our community to experience the kind of development it deserves.”
JCI Senator Paschal Dike in his presentation on Social Leadership enjoined the participants who to be empathetic as entrepreneurs as this would enable them provide services that will not only make them money but will be useful to the society at large as this is the foundation of most longstanding businesses.
Precious Adeho, C.E.O of Emobella Engineering in his words said, “Poverty is a disease of the mind that can only be cured through a positive mental shift” and he admonished participants to first discover themselves before they can be successful as entrepreneurs.

 
He noted that an entrepreneur is one who look for problem in society to solve thereby adding value to humanity in exchange for money. He said: ‘The more problem you solve the more money you attract and the more value you give to humanity the more money you attract’
The programme which also featured a plenary session with secondary school student participants representing Presidents of the each country of the United Nations and Abiola Ige representing The Secretary General of the United Nations to discuss poverty challenge and solutions. A panel discussion and an award presentation ceremony is part of the vision to raise a new generation of entrepreneurs.
President, Junior Chamber International (JCI), OTA Chapter, JCIN (Amb.) Adewale Akomolafe, having commended efforts of the speakers at the event stated that 50 percent of the world’s population, which is about1.2 billion, is within the range of extreme poverty, waiting for any opportunity for them and their families to live better life

The Summit’s convener, Abiodun Babalola who is also the Director of Duality Business Academy made it known that he started the Academy for empowering people who want to start business and also those who want to expand.

As more small businesses are being established and few people gain employed it will go a long way to reduce poverty and according to him Duality MicroCredit the organization he founded has disbursed over N20 million in loan to small business owners within 3 years of its existence and it would gladden his heart if more youths can take advantage of this to become employers of labour.

You can follow the programme on the twitter handle @BelSummit and #lighttheway.

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