Promise: Profiling and tailored advisory services for entrepreneurs
April 19, 2023

President Buhari's Entrepreneur Bank Promise Remains Unfulfilled, Hindering Entrepreneurship Growth

Promise: Profiling and tailored advisory services for entrepreneurs

Adeleke Babatunde
Adeleke Babatunde
Profile
Last Updated
May 29, 2023
3
min read

In his next-level agenda, President Buhari promised the creation of a digitally-driven Entrepreneur Bank that would provide tailored advisory services for entrepreneurs. Unfortunately, this promise has remained unfulfilled. As a result, the potential benefits of profiling and offering tailored advisory services for entrepreneurs have not been realized.

The creation of the Entrepreneur Bank would have allowed entrepreneurs to access customized financial and business advice based on their specific needs and circumstances. This, in turn, would have helped entrepreneurs to make better-informed decisions and improve their chances of success.

Moreover, profiling entrepreneurs would have enabled the government to understand the challenges facing entrepreneurs and develop policies to address them effectively. Such policies could have included tax incentives, access to funding, and targeted training and mentoring programs.

Unfortunately, without the Entrepreneur Bank, the potential benefits of profiling and tailored advisory services for entrepreneurs remain unrealized. Therefore, we rate this promise as "broken".