A visiting Nigerian businessman, Dr. G. Joshua Okoro, has called on Liberians to take advantage of the nation’s economic recovery drive, by investing into businesses.
Dr. Okoro made the statement on Thursday, March 6, at the close of a three-week Business and Economic Seminar held on the campus of the Paynesville Community High School in Paynesville outside Monrovia.
Dr. Okoro said business is hugely important in a country’s economy; adding: “It is the main economic engine for the country.”
He also pointed out that businesses allow the economy to work more efficiently and improve the economy growth of the country.
“Business helps the economy grows through innovations of various sorts; no country can succeed without businesses.”
According to him, it is now time that Liberians must take the lead in the rebuilding process of their economy following years of civil conflict.
The Nigerian businessman explains that great nations started on the same path that Liberia now finds itself, and that it only requires commitment and dedication on the part of the citizens to develop their country.
Dr. Okoro, who is the manager of Zinoe Oil Energy Company, further stated Liberian investors need to take a second look at Nigeria’s economic opportunities, especially in the oil and mining sectors.
Nigeria is one of the largest crude oil producers in Africa.
The Zinoe Oil manager told participants that Nigeria had an enabling environment for foreign investment and is ready to receive investors from Liberia at any time.
The visiting Nigerian entrepreneur also observed that Liberia is “God-blessed nation,” considering the quantity of resources available in the country that could make it easy for Liberians to rebuild their war- ravaged economy.
The economic and business seminar organized by ‘The Association of Grass Root Citizens for the Rebuilding of Liberia,’ is intended to build the capacity of Liberians in the area of economic development, as well as train them in various business skills.