Delta’s Micro-Credit Democracy

Delta gathered its leading lights to celebrate democracy at a micro-credit level and ponder on the unthinkable: Delta State without oil money. Building on the micro-credit scheme success story that has been a unique selling point for his administration since 2007, Dr. Uduaghan gathered major stakeholders from the state for a talk shop that day to ponder the prospects for the state without oil money.

The one day seminar with the theme “Micro, Small and Medium Enterprises as drivers for achieving the goal of Delta beyond oil” paraded some of the most outstanding entrepreneurial success stories from the state. The toast of the day was undoubtedly Mr. Tony Elumelu, the former banker who built one of Africa’s largest banking chains in under ten years. As he took charge of proceedings that day, Mr. Elumelu commended the governor for his concept.

According to him Democracy Day that is normally celebrated with a political slant and parties was in Delta being done with something “fundamental and catalytic.” Giving his own present pursuit of projecting African capitalism through his present venture, Heirs Holdings, he said that African capitalism entails Africans doing things to help themselves maximally. Nobody he claimed would help Africa better than Africans. He added that Delta State must build into that philosophy of Delta for Deltans or Delta Capitalism as he termed it.

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