Austin Avuru. Photo credit: Web
The Chairman of AA Holdings, Austin Avuru, has stressed the importance of entrepreneurship in driving economic growth, saying responsive governments must provide an enabling environment for businesses to thrive in uncertain economies.
He spoke as the chairman of the day at the Gabriel Ogbechie Entrepreneurship Symposium held in Lagos recently.
Speaking on the theme, ‘Resilient Entrepreneurship: Building in an Uncertain Economy’, Avuru described entrepreneurship as the “heartbeat of capitalism”, anchored on innovation, risk-taking, and value creation.
According to him, countries that embraced free-market principles and encouraged innovation have recorded stronger economic growth than those that adopted rigid, state-controlled systems.
