Breaking: AgegePulse Receives Award of Excellence For Corporate Support, Quality Reportage

...Rotary Club of Agege, Elephant Club of Ogba, others Honoured By Agege LGEA

In recognition of AgegePulse's Corporate Social Responsibility, exemplary leadership conduct, uncommon services to humanity, contribution to the development of Basic Education in Lagos State, effective partnership for quality community reportage, the Local Government Education Authority, Agege has honoured AgegePulse magazine with an award of excellence.

The Agege LGEA under the imperial leadership of Hon. Olalekan Majiyagbe honoured AgegePulse Magazine alongside Rotary Club of Agege, Lagos Television LTV8, Lagos Schools Online, AgegeTV online. Elephant Club of Ogba amongst others.

Receiving the award today in Lagos, the editorial team of AgegePulse Magazine described it as a reward for hard work, professionalism and pace setting of quality community news reportage in Agege, Lagos.

The team promised to continue its drive to bring Agege to respectable prominence from its slum views through timely, accurate and positive reporting of events and activities of the sons and daughters of the ancient Lagos community.

Exclusive:Encourage MSMEs Through Low Interest Loans - Bountiful Charges

Popular Agege's golden daughter, Mrs. Busayo Taiwo Adelanwa a. k. a Bountiful is in the news. This time it's not about community works with Elephant Club of Ogba or philanthropic engagement with Rotary Club, rather, it is an exquisite exhibition of her prowess in the business and financial sector.

She stressed that it's obvious that capital is the opium of any business but MSMEs suffer a lot because of their inability to service humongous credit facilities often offered by financial institutions.

Mrs Adelanwa who is the Convener of Bountiful Foundation, a business consultant and social worker while responding to questions on a TV programme (AM Chat of MITV) themed: Doing successful business in an unpredictable economy like Nigeria, she said it's high time financial institutions began to encourage Small and Medium Scale Enterprises with little interest soft loans if the country truly wants to build a self reliant economy.

Bountiful Highighted some areas which young  entrepreneurs need to envision before dabbling into any venture. she said they need to identifying a need, study the need to understand it (through feasibility studies, business ideation, business concept development, business planning, skill acquisition, internship and apprenticeship, market analysis, industry analysis), then feed the need sustainably and excellently (i.e product or services).

"In case of capital challenges, seek support from friends, families and folks. When you exhaust your lower hanging fruits, seek partnership, equity investors, angel investors, loan, grant." She asserted.

The social worker advised prospective businessman to make contractual agreements they can achieve,  "all agreement must be  win-win and keep all contractual agreement intact."

Thereafter, Bountiful urged government to ensure creating an enabling environment for business to flourish saying that "Chinese or Lebanese investors come into Nigeria with only a brief case and cart away money in containers.The briefcase on arrival is a cheque of international loan at a very low interest rate with longer moratorium yet he gets tax holidays here which indigenous investors may not get."