Entrepreneur Challenges Wealthy Nigerians To Invest In Industrialisation

Date:

By Peter Usman

Abuja (Nigeria) — Managing Director, Aqua Rapha Investment Nigeria Limited, Sunday Nwankwo Reginald asked wealthy Nigerians to invest in industrialization for the purpose of creating massive jobs for the teeming jobless Nigerians.

Reginald, who gave the advise at the Annual Dinner /Diamond Award and Fellowship Conference of the Institute of Polymer Engineers {IPE} in Abuja, observed that rather than building hotels and eateries here and there, which can only employ few people, such fund should be channeled to building industries to accommodate jobless Nigerian youths roaming about the street seeking for jobs.

He expressed worries that many well-to-do Nigerians and business men and women across the country are even afraid of investing in industrialization, saying that Aqua Rapha Investment Nigeria Limited started with only three {3} water filling machines some years ago , but has expanded tremendously as many have been employed in the company.

According to him, “We started this company with three sachet water filling machines in 2005, but today, we have gone so far and beyond expectation of many people. As I am talking to you now, we have many product lines, most especially of polymer products among others”

Nwankwo also urged entrepreneurs in the country to come up with new ideas and be creative so as to move the country forward.

He observed that until wealthy individuals begin to give to the society, but not expecting to get from the society, the space of development will still be very slow.

“Now, we no longer think of waste, we should think of transforming waste to wealth. If you look critically at what many people thought are waste, you will understand that they are no longer waste but wealth, hence the need for Nigerians to begin to create wealth using waste.

“Nigerians should understand that until we begin to think of bringing something good out of nothing, and as well come up with creativities that would bring out wealth, until we start giving to the society rather than we expecting from them, we will not move too fast”

The MD of Aqua Rapha Investment Nigeria Limited, who was bestowed with Diamond Award of the fellowship in Abuja by the institution in recognition of his contribution to the lives of many Nigerians through creating job opportunities, stated that the honour conferred on him will go a long way to spur him to do more of what he has been doing before.

“I look at the award as a challenge, telling us to do more and having recognized us in this way for what we have done so far, the award will spur us do perform even more better than what we have done before. The world is now looking forward to see what next we would come up with”

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