Technology Is The Future Of Business In Nigeria – Osinbajo

Vice President Yemi Osinbajo, SAN, has said that technology hubs and start-up businesses because are the future of Nigeria.

Professor Osinbajo stated this when he visited the Ventures Park, Abuja, with the UK Minister for Africa, Harriet Baldwin.

“Technology, especially the startups that we are seeing, is the future of business in Nigeria and will lead us to the Nigerian business revolution,” the vice president said.

He said technology is the way to go and noted that most of the start-ups at the Ventures Park began during the period Nigeria was in recession and proved by the number of jobs they created that the “it is the future starting today.”

He said one of the ways the President Muhammadu Buhari administration has encouraged technology companies was by setting up the Creativity and Technology Advisory Group as part of the Industrial Council.

He said: “Many of these young start ups are members of that creativity and advisory group, where they help to formulate policies with federal government policy makers.  They help us to formulate policies, especially in these new areas like in Fintech, where we need to formulate new policies.”