NBCC urges Nigerians to focus on creativity as a way out of recession

Records 71.5% income boost in 2015

To find a sustainable solution to Nigeria’s economic downturn, the Nigerian-British Chamber of Commerce (NBCC) yesterday said Nigerians must focus on creativity to avert future challenges.

The chamber, which said it recorded income of about N47, 321, 223, representing a 71.51 per cent increase in 2015 against 27, 589, 900 in the previous year, said the prevailing economic challenges was avertable if necessary steps were taking.

Speaking at the 37th yearly general meeting in Lagos, NBCC President, Dapo Adelegan said the current situation present opportunities, which must be unlocked. Adelegan, who analysed ‘Life in the 21st Century’, urged Nigerians to adapt to challenges taking place across the world.He said: “We need to recognise that every time there is a downturn what follows is always boom”

According to him, since Internet remained the most remarkable change in the 21st centuries, leading to loss of jobs, people must create values that are customer oriented to leapfrog.He said there was need for courage, aspiration and ignition of natural talents to drive growth pedigree.

Adelegan stressed the need for multiple competences, particularly among youths as a measure to curb increasing global joblessness.According to him, the chamber stepped up its activities and events in 2015 and was able to enjoy an impressive cooperation of its members.

He disclosed that the chamber has created sector-focused groups including construction and real estate, professional services, media and creative industries as well as oil and gas to address interests and concerns of its members.

The chamber’s treasurer, Adebisi Adeyemi, who said the chamber recorded N177, 414, 161 total assets increase against N173, 622,568 in 2014, noted that the financial report was encouraging.

Going forward, Adeyemi said the chamber’s current administration would embark on series of strategies that would lead to massive revenue generation and debt recovery.
She noted that the group recorded a surplus balance of N1, 536,593, adding that the development was triggered by the group’s remarkable improvement on activities and increased engagement with members.