The International Institute of Professional Corporate Entrepreneurship and Leadership (IIPCEL) hosted its 3rd Annual Global Conference and Awards on Saturday, January 4, 2025, at the Plateau Club in Plateau State. Themed “Managing the Effects of Hyperinflation in the Nigerian Economy and Entrepreneurship Action Plan,” the event brought together policymakers, entrepreneurs, and thought leaders to address critical economic challenges facing Nigeria.
A key highlight of the event was the IIPCEL-AGCAD Market Place 2025, which showcased innovative local products and entrepreneurial solutions.
Prof. Nentawe Goshwe Yilwatda, Nigeria’s Minister of Humanitarian Affairs and Poverty Reduction, was represented by David Daser, President/CEO of the Digital Bridge Institute. In his remarks, Daser emphasized the ministry’s focus on promoting peace and development as sustainable solutions to humanitarian crises.
He outlined the ministry’s 2025 Humanitarian Response Plan, which aims to expand national coverage beyond the northeastern region and foster inclusive economic growth. Key initiatives include poverty reduction, capacity building, and support for small and medium-sized enterprises (SMEs). Notably, Daser announced interest-free loans for cooperatives, grants for SMEs, and a redesigned N-Power program aimed at equipping youths with skills and linking them to the market.
“The ministry is committed to breaking the poverty trap, supporting young entrepreneurs, and fostering inclusive economic growth,” Daser stated, urging entrepreneurs to leverage government programs to stabilize and scale their businesses.
Godwin Eseroghene Urhie, Director-General and CEO of IIPCEL, called for robust government policies to address hyperinflation and insecurity. He advocated for decentralizing security management and leveraging technology to combat crime, emphasizing that innovation and entrepreneurship are crucial to overcoming Nigeria’s economic challenges.
“Business is the only way to create wealth. We need more entrepreneurs and better policies to reverse low business participation and drive sustainable economic development,” Urhie said.
Prof. Emmanuel Oki, Director of the Centre for Entrepreneurship Studies, highlighted the importance of developing human capital to compete globally. He stressed the need for financial support for key sectors and urged the government to train graduates to become job creators rather than job seekers.
“Nigeria must provide financial support for selected sectors to drive innovation and job creation. Developing critical thinking and entrepreneurial skills is vital for our youth,” Oki noted.
Bitrus Pam Badung, 1st President of IIPCEL’s Council and Country Business Manager at PARTEC Health Limited, underscored the importance of innovative approaches to business amid inflation. He lauded the conference as a platform for knowledge sharing, project management, and professional business guidance across sectors.
“The institute provides education and guidance to entrepreneurs, helping them adapt to challenges like inflation with innovative solutions,” Badung explained.
The event concluded with the presentation of awards in three categories:
- Young Corporate Entrepreneur and Leader Award: Bashir Shaidu
- Woman Corporate Entrepreneur and Leader Award: Walcat Wambuda
- Grand Corporate Entrepreneur and Leader Award: Mr. David Daser
The IIPCEL-AGCAD Market Place 2025 featured exhibitions of locally made products, showcasing the creativity and resilience of Nigerian entrepreneurs.
The conference provided a vital platform for addressing hyperinflation, fostering innovation, and building sustainable economic strategies to drive Nigeria forward.
