Ohuabunwa, Minister of Labour, Babaeko speak on wealth creation ……As Yes Magazine clocks 10

The Minister of State for Labour,  Mr Festus Keyamo , the President of Pharmaceutical Society of Nigeria, Mazi Sam Ohuabunwa and  Chief Executive Officer of X3M Ideas Nigeria, Mr Steve Babaeko has called on Nigerian entrepreneurs  to strategize  in order to survive in the unfolding  business environment worldwide.

The trio made the above statement on the occasion of Yes international Magazines virtual 10th year anniversary lecture over the weekend which was chaired by Mazi Ohuabunwa and had the minister of labour as the special guest of honour.

The Chief Executive Officer of X3M Ideas Nigeria, Mr Steve Babaeko was the Speaker ,while other Media giants and publishers that participated at the event include Mr Bisi Olatilo, Kunle Bakare, Ray Echebiri among several others.

Ohuabunwa in his contribution advised the government to ensure the availability of investments, saying that the country can not build businesses, nor create jobs and wealth if there are no investment inflow.

The President of PSN who recently threw his hat in the ring for the quest to vie for the President of Nigeria come 2023 presidential election said that is why he admires the role being played by people like the Publisher and Editor -in-chief of Yes international Magazine, Mr Azu Arinze who is contributing to the generation of jobs and wealth in our economy.

According to him, business in Nigeria is a risky venture and the publishing business is even more difficult to succeed in because Nigerians don’t read much, adding that this mandates the government to do more in order to make life easier for Entrepreneurs in the country.

For the Minister of State for Labour as a result of the internet and the social media businesses and Entrepreneurs find it  easier to survive today than was the situation in the past. Therefore he urged the youths to be patient and intentional in the area of finance and utilization of cash flow.

He said from his experience the succeed or failure of any business stems from how the first profit from the endeavour is utilized, adding that youths need to be more humble in their disposition and patient in their business strategy.

The speaker at the event, Mr Babaeko told his peculiar story of how he started with a branch in Nigeria and now operates from various parts of the continent just within 9 years of operation, advising that ”Business is like life, its gonna be up and down when you start. You have to persevere.

“Lifelines will come and its what you do with those lifelines that will determine your succeed or failure”, he maintained unequivocally.

In his address at the event, the Publisher of Yes International had thanked all and sundry over the years and promised that the magazine will keep going no matter the situation, he expressed gratefulness to God almighty with a gospel song that made the 10th Anniversary kick-off on a better pedestal.