Small business owners in Port Harcourt are counting their losses in millions of Nigerian Naira as government bulldozer brings down their offices and shops. The government of Rivers State of recent decided to give Port Harcourt which is the capital of Rivers State, Nigeria a face lift. The new executive governor is desirous of re-modeling the city after the Federal Capital Territory. This sounds like a good vision, but tI am of the opinion that the implementation is faulty.
Small Business Owners Contribute to Economy Growth
A greater percentage of the population of Port Harcourt relies on petty trading and provision of artisan services to earn income. In Port Harcourt, any entrepreneur who employs and pays two or more workers is considered a “big businessman”. The business climate is quite harsh. Too many big enterprises in the state are struggling to earn enough income to pay their workers salaries. It is common story to hear workers of such establishments lamenting that they have not received any salary for months. (more…)
