The Renew Hope Agenda of President Bola Tinubu has been described as being on the right track of development.
The Rivers State chairman of National Association of Small Medium Scale Enterprise, (NASME), Mr. Dugala Sakpege said this in an interview with journalists in Port Harcourt.
Mr. Sakpege who commended the president for the removal of fuel subsidy advised that agriculture and security should be given the attention they deserve for the economy to thrive.
Mr. Sakpege lamented that massive corruption has been the bane of agricultural development in the nation and urged the relevant authority not to implement policies only but monitor and assess their executions.
“Sometimes the president fies not know that all these things are not the way he said it. When you send somebody to do something and he does not do it well and you did not ask him why he did not complete the message that you gave him who do we blame? Blame both of them the messenger and the sender”, he explained.
Mr. Sakpege stated that the present administration’s policies affected the Small and Medium Scale Enterprises adversely by raising the cost of production.
Also Read: IPAC Chairman: Federal Allocations Drive State Creation Demands
“Small business owners in Nigeria are the most hit when it comes to some if the policies that are being introduced by the president. The policy if fuel subsidy removal effects many other things. Like some of our manufacturers those who are in production, if they go to the market this morning to purchase raw materials by the time you call again in the evening they would be told that the price had changed.
So it has made us not to do what we suppose to do. We are not making profit. When this introduction of salary came up that is the new minimum wage and I talk with you today most of our business owners are finding it very very difficult to have workers to work for them”, he said.
On tax reform, Mr. Sakpege criticized the policy describing it as irrelevant since the nation has enough resources to leverage on.
“In the area of taxation, we see it as something he has done better but we are not suppose to use tax ad a way to run out economy because we have all the resources other than tax that would make us bounce back.
So it is really killing business”, he noted.
The Chairman of NASME in Rivers State stressed that the government should make the process of acquiring loans convenient to encourage local investors.
