Gov Eno challenges counterparts to financial prudence contest

…Says Akwa Ibom Has Not Borrowed successful Two Years

…Urges Citizens, Trainees to Value Discipline, Zeal successful Business

By Egufe Yafugborhi

UYO — Governor Umo Eno of Akwa Ibom State has challenged his counterparts crossed the federation to a fiscal prudence test, highlighting his administration’s grounds of zero borrowing successful 2 years successful office.

Speaking successful Uyo astatine the Business Concept Note Workshop and Opening Ceremony for caller applicants successful the state’s Entrepreneurship Accelerator Programme (EAP), Governor Eno said fiscal subject and cautious assets absorption person enabled his medication to present projects without recourse to borrowing.

“Today we are precise arrogant to accidental that successful the past 2 years, we person judiciously utilized the funds disposable to america arsenic a government. I’m arrogant that we person not gone to the slope to get money—not due to the fact that borrowing is bad, but due to the fact that determination has been nary request for it. And we person executed projects successful this state,” helium stated.

He added that the authorities precocious signed disconnected a supplementary fund of ₦1.6 trillion, stressing that it was afloat backed by currency disposable for projects. According to him, prudent absorption has made it imaginable to redirect resources into empowerment programmes similar the EAP.

Addressing caller trainees nether the scheme, Governor Eno encouraged them to clasp entrepreneurship with zeal and discipline. He shared his idiosyncratic travel of starting a tiny edifice concern successful Eket successful 1996, which aboriginal expanded to different locations.

“It’s not astir the magnitude of wealth placed successful your hands. It’s the zeal, conviction, passion, and subject to turn what is fixed to you,” helium said, citing the illustration of Aliko Dangote, who transformed a household indebtedness into a planetary concern empire.

The politician explained that the caller EAP beneficiaries volition acquisition 10 months of specialised grooming successful entrepreneurial and vocational skills, aft which each volition person ₦500,000 successful startup superior and further enactment for workspace.

The station Gov Eno challenges counterparts to fiscal prudence contest appeared archetypal connected Vanguard News.