The Federal Government of Nigeria has launched a new platform aimed at strengthening direct engagement between policymakers and entrepreneurs, as part of efforts to drive reforms and accelerate economic growth.
President Bola Tinubu unveiled the Renewed Hope Enterprise Bridge Initiative at the State House Conference Centre in Abuja, describing it as a tool to close the long-standing gap between government policy and business realities.
Represented by Femi Gbajabiamila, his Chief of Staff, the President said effective policymaking must be informed by the everyday experiences of entrepreneurs.
He noted that while government operates on frameworks and projections, businesses deal with real-time risks and uncertainties, making continuous dialogue essential.
Tinubu said the initiative is designed to ensure ongoing interaction between the government and the private sector, rather than one-off consultations.
He stressed that understanding business challenges requires active listening, adding that policies must reflect real-world conditions to be effective.
Hannatu Musawa, Minister of Arts, Culture and Creative Economy, highlighted the strong potential of Nigeria’s creative and digital sectors to attract investment and drive entrepreneurship.
She said both sectors offer high returns and are central to the country’s economic diversification strategy.
Chalya Shagaya, Senior Special Assistant to the President on Entrepreneurship Development, said the initiative aligns with the administration’s vision of building a trillion-dollar economy.
She emphasised that entrepreneurs must be placed at the centre of economic planning, noting ongoing reforms to ease regulations and expand access to finance through institutions like the Bank of Industry.
Describing the initiative’s theme, “Hustle Meets Policy,” Shagaya said it reflects the realities faced by Nigerian entrepreneurs and the need for policies that respond to those challenges.
With the new platform, the government aims to create a more responsive policy environment that supports business growth, job creation, and long-term economic expansion.
