{"id":77591,"date":"2023-11-19T20:55:08","date_gmt":"2023-11-19T19:55:08","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=77591"},"modified":"2023-11-19T20:55:08","modified_gmt":"2023-11-19T19:55:08","slug":"digital-transformation-nigerias-economic-future-is-brighter-prosperous-dg-nitda","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/digital-transformation-nigerias-economic-future-is-brighter-prosperous-dg-nitda\/","title":{"rendered":"Digital Transformation: Nigeria\u2019s Economic Future Is Brighter, Prosperous &#8212; DG NITDA\u00a0"},"content":{"rendered":"<p>The Director General, National Information Technology Development Agency, (NITDA) Kashifu Inuwa, has predicted that the Nigeria\u2019s digital transformation future would be \u201cbrighter and also offers hope of being prosperous.\u201d<\/p>\n<p>The NITDA\u2019s boss expressed this optimism in Lagos while delivering his keynote address titled \u201cImplementing a National Digital Transformation Agenda\u201d at the ongoing Global Tech Africa 2023 with the theme \u201cFacilitating Investments in Africa\u2019s Digital Economy.<\/p>\n<p>The conference which provides platform to bring together African and international stakeholders in technology to unlock growth opportunities for all, and build the tech ecosystem in Africa was put together by Ascend Studio Foundation and in partnership with NITDA, the U.S. Consulate, Venture Garden Group, Business Sweden, and RivExcel Health.<\/p>\n<p>Inuwa disclosed that Nigeria&#8217;s greatest resource to which he hinges his prediction on, is Nigeria\u2019s abundant human capital which remains her greatest resource. He noted that many global reports have predicted that there would be global talent crunch by 2030 that could affect the future of work but which Nigeria can explore to reimagining herself to become global talent factory.<\/p>\n<p>He said, \u201cIt is evident that Nigeria is not just positioned to be the global talent factory, but we are also set for investment and global collaboration because all developed countries will suffer from that deficit, including the United States of America. But Nigeria, we have one of the youngest populations in the world. We have the largest population in Africa; the largest economy; we have the market, and we have the youth, and we have natural talent. So, if we position ourselves, we can bridge that global talent deficit, and we can benefit from the 8.5 trillion USD digital transformation global Gross Domestic Product, (GDP.)<\/p>\n<p>According to Inuwa, Nigeria\u2019s focus is beyond digital economy but the attainment of national digital transformation because of pervasive nature of digital technology and its capacity to transform any industry power by digital technology. He emphasised that for the nation to benefit from this, \u201cwe need to position ourselves and design the economy to reap the benefit of digital transformation.\u201d<\/p>\n<p>He said President Bola Ahmed Tinubu has mandated the Ministry of Communications, Innovation and Digital Economy to accelerate the nation\u2019s economy by diversifying it in a way that would enhance productivity across all sector through digital innovation. \u201cOur mandate is not just about digital economy but transformation of the digital space and how we can empower and enhance productivity across all sector,\u201d he noted.<\/p>\n<p>While emphasising the implementation strategy approach Nigeria has adopted to drive its digital transformation agenda, the NITDA boss said, the approach are in three fronts; \u201cfirstly, reimagining ourselves in the global economy, secondly, embrace and creation of values for our ecosystem because no one succeeds in isolation and lastly, improve connectivity.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>He noted further that, with the new Minister\u2019s five priority areas as contained in a document tagged \u201cAccelerating our Collective Prosperity through Technical Efficiency, A Strategic Plan for the Federal Ministry of Communications, Innovation &amp; Digital Economy,\u201d the nation\u2019s Strategic Agenda 2023-2027 to digital transformation would now be anchored on Knowledge; Policy; Infrastructure; Innovation, Entrepreneurship and Capital, and Trade.<\/p>\n<p>In his remarks at the conference, the United State Consular General, Mr. Will Stephen expressed that Nigeria\u2019s strive to digital transformation is commendable and assured that with such gusto the nation is exhibiting, her digital transformation would soon blossom.<\/p>\n<p>While commending Nigeria for various partnership and collaboration it has forged with some American big tech companies, Mr. Stephen sued for continuous collaboration. He promised that America would ensure continuous collaboration with Nigeria in promoting her digital transformation agenda.<br \/>\nEarlier, in his welcome address, the Executive Trustee of Future Map Foundation, the convener of the Global Tech Africa, Mr. Ahmad Shuaibu who was represented by Mrs. Farida Yahya disclosed that Africa would play pivotal roles in shaping the \u201cunprecedented technological revolution\u201d the world is currently witnessing.<\/p>\n<p>According to her, the continent\u2019s young and vibrant population with her rich natural resources and growing entrepreneurial spirit, provide a solid foundation for the technological innovation.<\/p>\n<p>She noted that the Global Technology Africa Summit 2023 would serve as a powerful platform to showcase Africa&#8217;s technological prowess and connect innovators with investors, partners, and mentors. \u201cThis gathering of minds will undoubtedly spark new ideas, collaborations, and opportunities, propelling Africa&#8217;s technological journey to new heights, she opined.<\/p>\n<p>The highlight of the day one of the conference was the signing of partnership agreement for the Startup Support and Engagement Portal between NITDA and Venture Group Garden, VGG.<br \/>\nThe NITDA\u2019s Director General described the agreement as a \u201cmilestone and exhilarating because it would provide the Nigeria\u2019s startups access to funding as enshrined in the Nigeria Startup Act 2022.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Director General, National Information Technology Development Agency, (NITDA) Kashifu Inuwa, has predicted that the Nigeria\u2019s digital transformation future would be \u201cbrighter and also offers hope of being prosperous.\u201d<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":77592,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[6732],"coauthors":[2391],"class_list":["post-77591","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-nitda"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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