Technology playing a key role in economic growth – NCC

Wed, Sep 2, 2020
By editor
3 MIN READ

Business

By Anayo Ezugwu

HENRY Nkemadu, director, research and development, Nigerian Communications Commission, NCC, has said that technology is playing a key role in economic growth and sustainability of the modern world economy, especially with the outbreak of the COVID-19 pandemic. He said that the telecommunications ecosystem was very dynamic and needed to be harnessed.

Speaking at the presentation of grants to winners of digital solutions to COVID-19, Nkemadu said there was a need to harness the potential of these technologies to address societal challenges and meet unique needs. He said it was also a national aspiration to spice some of these technologies with local content as a way of improving the availability of local manpower, and advancing ICT skills.

“It is for this reason that the commission initiated the NCC Virtual Hackathon 2020, in the wake of COVID-19 pandemic, to challenge Nigerian Startups, Technology Hubs, and Innovation Digital SMEs to come up with adaptable digital solutions for addressing the present and future impacts of Pandemic and Epidemic diseases in Nigeria. The Hackathon was designed to engage the Startups to compete in a healthy manner in such a way as to improve our innovativeness.

“Innovators should think laterally about challenges and identify resilient, fit-for-purpose and scalable solutions to real societal problems. Technology has provided solutions to the challenge of weak public systems by providing solutions to most of the challenges in education, health, financial, agric, sectors etc.

“When we advertised and called for entries to the Hackathon, a total of 298 submissions were received from Startups. After the first and second level preliminary assessments based on the pre-established selection criteria, 56 of the Startups qualified for the final stage of the Evaluation Processes. A very competent team of evaluators drawn from relevant Departments in the commission worked assiduously to recognize excellence and select groundbreaking innovative solutions from Startups and Tech Hubs capable of mitigating the challenges posed by the effects of the COVID-19 pandemic in the country and beyond.

“Out of the 56 solutions from different Startups that participated in the Virtual Hackathon, three winning solutions were identified through a painstaking evaluation process that threw up the overall first, second, and third bests Startups with the most promising and adaptable solutions. The winning Startups will today receive a cash prize, but most importantly, the Commission through the Research and Development Department will continue to support flourishing innovations by creating the right regulatory interventions to give a fillip to the sustenance of Startups and tech-hubs in Nigeria.

“Beyond prize-winning, we congratulate every Startup, who participated in this competition. We have no doubt that the experience gained will provide all of us with the opportunity to retool and re-engineer our innovative skills for a better future for our businesses and our nation,” he said.

– Sept. 2 2020 @ 16:59 GMT |

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