The 2020 Business Summit by Forbes will be virtual, but it will have a similar agenda to supporting small businesses like its African counterpart did last year.

The Lagos Small Business Summit 2019 brought together a lot of important members of the economies of Africa. Organized in Lagos, you got to see members from academia, private sector, government leaders, policymakers, small business owners. All are innovative game-changers in these various parts of their economies and they discussed the importance and effect of policies that would have an impact on small & medium scale businesses in Nigeria.

This 2019 edition marked the fourth edition of the summit. The theme of the summit was “The Future of Small Businesses: Creating a Culture of Purposeful and Sustainable Innovation.”

Summit Highlights

The summit started with an address to welcome all dignitaries present, and then it set the agenda for the summit from the Executive Director of SME100 Africa, Charles Odii.

The CEO of Interswitch, Akeem Lawal, was the first to present. His presentation was titled: “Creating exponential institutions with a focus on how government and small business owners can keep up with the market,” he also made everyone know his success story through Interswitch.

After his presentation, a panel was held with people like Lawal and Aishah Ahmad, who represented the Dep. Gov. of CBN, and Oby Ugboma, CRO, Chapel Hill Denham.

After the session of the first panel, a tour of the entire exhibition stand took place then the next panel session began.

The second panel had their session at the Lagos Small Business Summit 2019, and it featured people like Paul Adebo of @myfcmb, Seyi Tinubu of @loatsad_promomedia, Omolola Adagunodo of @jumiatravelng, Tope Omotolani of @crowdyvestng, and it was organized and handled by Orode Uduaghan of @terchub. They discussed the topic “Creating a culture of purposeful and sustainable innovation for start-ups and small businesses.”

This panel talked about how start-up businesses and their managers need to make a difference in society and to break out thereby destroying the norm.

After the second panel finishes their session, they had a presentation that was handled by a representative from LIRS.

She spoke on different types of taxation and the essence of taxation to the development and growth of businesses in Nigeria.

After the presentation was done, a third-panel session began with the topic “Alliance to end plastic waste.”

It was organized with people like L. Onaghise Executive Secretary Food, and Amp Beverage Recycling Representative of Lola Akande, Head SME, LSETD, Agherese, and moderated by the Executive Director of SME100 Africa, Charles Odii.

The second day of the summit hit or off with a presentation from Olajire Adeleke, who is the Head of Bank Assurance, Leadway Assurance. The presentation was titled “Insurance for you & your business,” and he spoke on the place and role of insurance in doing business.

In the end, the summit was a huge success, showing ways the nation Nigeria would be better if perhaps all plans go as discussed.