Osinbajo highlights global opportunities in Nigeria’s technology hub

Yemi Osinbajo 11Yemi Osinbajo is the vice-president of Nigeria. (Image source: GovernmentZA/Flickr)Yemi Osinbajo, vice-president of Nigeria, is leading a public-private sector collaborative investment roadshow to the US from 9-11 July 2018, where he is speaking about Nigeria’s information technology and entertainment sectors before the global industry leaders

This would be recalled that in recognition of the central role of innovation and technology in the Federal government’s economic recovery and growth plan, the vice-president has spoken extensively about the commitment of government to supporting the growth of technology and creative industries in the country through its policies and reforms.

Some of the highlights of the growth of technology, creative industry in Nigeria include:

· Lagos is one of Africa’s largest markets, with GDP of more than US$136bn and significant young population

· Lagos startups are also building to serve the entire African market, with high quality and relatively lower cost talent

· Startups like Andela, NESA, and Data Science Nigeria are training developers and Data Scientists

· Strong hub space in Lagos

· GE is leveraging alternative data sources and data science toy and increasing access to healthcare for the mass market eg Lifebank, which raised more than US$80mn from several investors including Chan Zuckerberg initiative

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