NITDA, NSIA partner on ICT start-ups
Business Briefs
THE National Information Technology Development Agency, NITDA, is partnering with the Nigeria Sovereign Investment Authority, NSIA, towards generating investment in Information Communication Technology, ICT, start-ups. Kashifu Inuwa, director-general, NITDA, said the partnership will create jobs and wealth in the country.
Inuwa, who disclosed this when he paid a courtesy visit on Uche Orji, managing director, NSIA, on Thursday, September 17, said ICT was taking over world economies, hence the need for massive investment that would result in IT infrastructure development in the country.
“It is important to stimulate the IT industry through content localisation rather than importation from other countries, considering especially that the large population of Nigeria consists of young and brilliant innovators,’’ he said.
According to Inuwa, the agency initiated some projects to ensure valuable investments and sustain the ICT ecosystem during the COVID-19 lockdown in the country. He said such projects included the COVID-19 Innovation Challenge and the National Adopted Village for Smart Agriculture (NAVSA).
“For the innovation challenge, young innovators were converged and they came up with technology solutions to cushion the effect of COVID-19. NAVSA is an initiative to digitise our farming processes and it is already yielding positive result.
“We have trained and equipped over 140 Nigerians, who are already benefiting from the scheme and we are currently working to escalate it to every part of the country. If we work collectively, we can achieve a lot.”
On his part, Orji said the collaboration would benefit the country in terms of developing its economy, especially now that ICT is contributing significantly to the Gross Domestic Product, GDP.
“Our mission is to play a leading role in driving sustained economic development for the benefit of all Nigerians. We want to create economic stability in the country and IT is a great way to achieve that,” he said.
– Sept. 18, 2020 @ 16:59 GMT |
Related Posts
2024 winners emerge, as FirstBank/JAN partnership produces 1.5m student entrepreneurs
FIRSTBANK Plc, in partnership with Junior Achievement Nigeria (JAN), a non-profit organisation, has produced new winners in its 2024 National...
Read MorePolaris Bank wins ‘Best in MSME lending’ award
Polaris Bank has emerged winner as Nigeria’s topmost bank in lending to the Micro Small and Medium Enterprises (MSMEs). The...
Read MoreMTN Nigeria becomes headline sponsor for 20th AKWAABA
MTN Nigeria has partnered with the AKWAABA African Travel Market, as its headline sponsor for the 20th anniversary, slated to...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.