The Managing Director/Chief Executive officer, Sovereign Trust Insurance Plc, Olaotan Soyinka, has advised on Nigerian young entrepreneurs to embrace the culture of insurance at this critical period of economic recession in the country.
He gave this advice at the 6th International Christian Business Exhibition & Conference in Port Harcourt, Rivers State. Marketplace Apostles put the event together under the leadership of Pastor Uche Onochie.
Soyinka affirmed that the young and upcoming entrepreneurs in the country, regardless of their religious backgrounds and denominations, would help put the economic wheel of the country in a working and stable condition.
According to him, entrepreneurship is devoid of religious affiliations, rather, it must be based on sound business ethics and practice.He also appealed to the young entrepreneurs to see insurance as a very integral part of their business as it is the only assurance to the sustainability of their wealth creation.
“Nigeria is highly blessed with so much natural and human resources which has translated to a lot of wealth creation in the form of businesses and commercial activities that we see around us in the country today but the big question is how many of these businesses have that continuity and longevity elements that insurance provide,” he stated.
Speaking further, he said there are enormous advantages in embracing insurance and making it a way of life, stressing that one can never go wrong with it.He commended the organisers in ensuring that the spirit of entrepreneurship thrives amongst youths in the country.
He called on all other well-meaning organisations and individuals in the country to continue to support homegrown businesses as a way of stimulating the Nigerian economy especially at this time of our receding economy.
He added that Nigerians do not need to be compelled to do what will add value to their lives rather; they should cultivate a proactive culture of sustaining their wealth and business concerns through a consistent insurance culture.