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President Bola Tinubu has launched the Renewed Hope Enterprise Bridge Initiative, a platform aimed at fostering structured and sustained engagement between the government and entrepreneurs across Nigeria.
The initiative is designed to bridge the long-standing gap between policymakers and business operators, ensuring that policies are better informed by real-world experiences.
Speaking on Thursday at the State House Conference Centre during the official launch of the initiative and its website, Tinubu, acknowledged the challenges entrepreneurs face and the need for closer collaboration.
According to him, “One side works with framework and projections, the other works with immediacy and risk. Bringing both into the same room is not symbolic; it is necessary.
“If a policy is to be useful, it must be informed by lived experience. And if an enterprise is to thrive, it must be supported by a system that understands it.”
The president who was represented by his Chief of Staff, Femi Gbajabiamila, stressed that meaningful governance requires active listening and deliberate action, noting that effective solutions cannot be developed from a distance.
“Therefore, we must listen carefully, interrogate honestly and respond deliberately. You cannot treat what you have not properly diagnosed. And you cannot diagnose without listening. Across this country, business operates under conditions that would test even the most established system elsewhere.
“Yet, you persist; you build; you employ; you adapt. That contribution is not lost on us. At the same time, we are conscious that a policy must do more than exist on paper. It must translate into real improvement in how businesses start, grow, and compete. That is why today matters,” he said.
Tinubu commended Nigerian entrepreneurs for sustaining the economy despite prevailing challenges, assuring them that his administration remains attentive to their concerns and committed to making necessary policy adjustments.
“The establishment of the Renewed Hope Enterprise Bridge Initiative is intended to ensure that this is not a one-off conversation, but a continuing line of engagement between the government and entrepreneurs.
“And it has led to this dialogue – a deliberate effort to bring the people who shape policy into the same room with those who live with its consequences,” he said
Earlier, the Minister of Arts, Culture and Creative Economy, Barr. Hannatu Musawa, underscored the vast potential within the creative sector, describing it as a key driver of foreign investment and entrepreneurial growth.
She noted that the administration has been working to strengthen infrastructure and policy frameworks to boost investor confidence.
“Creative and digital economy are the two industry or sectors that have the most ability to give the return that entrepreneurs are looking for because those are two industries that have the ability to give huge returns more than any other sector,” Musawa said.
In her opening remarks, the Senior Special Assistant to the President on Entrepreneurship Development, Chalya Shagaya, reiterated Tinubu’s commitment to empowering entrepreneurs as a cornerstone of national development.
“It is what has made this engagement possible. If we are to achieve our national ambition of building a trillion-dollar economy, then entrepreneurs must be at the centre of the conversation consistently, deliberately and meaningfully,” she stressed.
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