Honeywell Flour Mills Plc has identified functional basic infrastructure as a catalyst for the growth of Small and Medium Enterprises (SMEs). The firm in a statement listed such infrastructure to include constant power supply, security, absence of multiple taxation, and access to soft loans. The Managing Director, Honeywell Flour Mills Plc, Olanrewaju Jaiyeola, noted that a conducive environment would boost businesses and consequently engage restive youths productively.
Describing small businesses as the engine of growth of any economy Jaiyeola said: “Unemployment and the search for white collar jobs will reduce significantly if the youths are productively engaged with the provision of basic infrastructure for their ideas to thrive. Nigeria is blessed with innovative youths whose ideas, when fully encouraged, can transform the country to a greater height. “At Honeywell, we strive to promote youth talents in such a way that they will be useful to themselves and the country entirely. That is why as a company, we always embrace sponsorship activities that will add value to Nigerian yout
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