- Governor Okezie Ikpeazu of Abia state is leading by example as he seeks to promote entrepreneurship and patronage of locally made goods
- The Abia state governor who enrolled as a student at a footwear company has now reportedly produced a pair of sandals
- Since emerging as the southeastern state's number one citizen in 2015, Ikpeazu said he has been wearing only footwear and clothes made in Nigeria
Umuahia, Abia state - Okezie Ikpeazu, the governor of Abia state has displayed the first pair of sandals he reportedly made months after enrolling as a student of an Aba-based Footwear Academy, BBC Pidgin reported.
Legit.ng gathers that Governor Ikpeazu had announced his enrollment in the academy in May.
At the time of his enrollment, he had urged Nigerians to patronise made in Nigeria products as a way of boosting the economy.
He had said since he came into power in 2015, he has been wearing only locally made footwear and clothes.
AfDB provides $50m to finance Nigerian entrepreneurs affected by COVID-19
Female entrepreneurs in Nigeria will receive financial support from African Development Bank (AfDB) as the lender provides $50 million for their businesses.
AfDB said the funds will be used to mitigate the negative effects of the COVID-19 pandemic which had impacted the revenue of Nigerian businesses since 2020.
The money will be given to women-led businesses operating in sectors like agribusiness, manufacturing, healthcare and renewable energy.
Young Nigerians create platform to help businesses get funding
Meanwhile, two young Nigerians, Jude Dike and William Okafor have created a funding platform, GetEquity, to assist small businesses to get the funds they need and allow investors to see available startups to invest in.
To start, GetEquity has secured a six-figure capital from African investment firm, GreenHouse Capital.
The pre-seed funding is expected to boost the venture platform's liquidity. GetEquity will also allow investors to have a stake in startups listed on the platform in exchange for cash as low as $10 that will be used to grow cash-starved businesses.