Nigeria needs tech to compete with China, others – Sanwo-Olu – Businessday
BusinessDay
Daniel Obi
May 22, 2023
Governor Babajide Sanwo-Olu of Lagos State has said that Nigeria needs technology to be able to compete with the likes of China and other advanced economies.
He also said that Nigeria needs that leap in technology to create solutions locally and globally.
The governor said this during the commissioning of an Innovation Hub, SAIL, in Ikorodu, Lagos. The hub meant to train young people in the latest technological innovations is donated by Tokunbo Abiru, a senator representing Lagos West Senatorial District, in partnership with Co-Creation Nigeria.
Sanwo-Olu said technology was what would give the nation advancement and the opportunity to create solutions, not only here but globally.
“We are proud that those coming behind us will do what we cannot do. I am glad that Microsoft wants to make Nigeria its African hub. As a governor, we will continue to provide the enabling environment for businesses to thrive. 80 percent of new investments came to Lagos last year. Lagos will remain home to major international players.
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To the students of this innovation hub, this opportunity is to give you hope and a future to express yourself and ensure that you own that future. Once you finish your training here, we hand you over to Microsoft and Meta,” Sanwo-Olu stated.
Speaking on what gave birth to the idea of the innovation laboratory, Abiru said when he started his career at Guaranty Trust Bank, the bank started the idea of real-time online banking. But when later he became the managing director of Skye Bank (now Polaris Bank), he discovered that when they did technological upgrade, most of their staff could not cope with the new technology, adding that there was the need to acquire technological skills.
“There are jobs out there but many don’t have the skills to do these jobs. That is where Sail Innovation Laboratory comes in. Those that will pass through this hub and are passing through it, will be free of charge. That is our own contribution to the society. And they will be here for six months.
Bosun Tijani, the co-founder and chief executive officer of Co-Creation Nigeria, said it is our young people that drive innovation and growth.
“We have to engage and empower them to be able to do this driving. There are numerous people doing amazing things. It is what these people are doing that will drive innovation in our community. That is why Sail Innovation Laboratory is special. Young people in Ikorodu will start to build solutions on Ikorodu,” Tijani said.
Business Day, established in 2001, is a daily business newspaper based in Lagos. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It has both daily and Sunday titles. It circulates in Nigeria and Ghana
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