Bad Leadership Bane of SMEs in Nigeria

Chinedu Eze

The slow level of growth in small and medium enterprises (SMEs) sector in the country has been attributed to years of neglect and bad leadership in the Nigeria.

Managing Director, Pumoh Prints Concept Limited, Mrs. Umoh Adingwupu stated this at the formal launch of the company’s multi million naira state-of-the-art equipment in Lagos on Tuesday.

According to Adingwupu, the SMEs in the country would do well if the right infrastructure is put in place for them to thrive, adding that when the leadership is right, and there is stability of power, even the small businesses will grow.

She stated that most companies in the Nigeria take their printing work outside the country due to lack of quality and professionalism in the printing community and remarked that with the acquisition of the new equipment, the company was poised to churn out quality and affordable printing second to none.

“The last time we valued the acquisition of the equipment is close to a billion naira. What we noticed in the printing environment that made us to go into printing is that what major companies do is to take their printing work outside or probably that they can’t get the quality here in Nigeria. We now told ourselves that we can do this here in Nigeria, people don’t have to go outside the shores of Nigeria to get quality print, so we decided to establish this press.”

Adingwupu said it is when the country has good leaders that everything could go on very well.

“Like now in the printing world, one of the customs is the use of diesel, we spend so much money on diesel. But when the leadership is right, and there is stability of power, I believe that even the small business will really grow.”

She said Pumoh print concept limited is a one stop shop for printing, where quality and cost is very friendly, and competitive, stating that Nigerians should stop going outside the country for their printing work and patronise indigenous businesses.

Earlier, in his address, the Chairman, Pumoh Prints Concept Limited, Paul Adingwupu stated that the company was set up primarily to raise the standard of printing, publishing and other allied services in Nigeria.

He said the company has one of the most advanced computerized numerical control print technology from Kodak and Heidelberg, with technical support services that ranks among the best globally.

“Our equipment is capable of producing large quality, vibrant and rich coloured prints. Here at Pumoh Prints Concept Limited, we carry out our work with speed and precision,” he added

Culled from thisdaylive.com.