Sunday, December 22, 2024
21.2 C
Lagos

Indigenous Software Will Create Jobs, Drive Economic Growth – Experts

L-R: Bimbo Abioye, President, ISPON, Hajia Thaibat Adeniran, CEO, Hilal Takaful Nigeria Limited and Dr. Agada Apochi, GMD, Unified Payments (UP) at the recent Digital Agenda Forum 2023 in Lagos.

Technology and innovation enthusiasts and experts have again reiterated that promotion of indigenous software will redeem the country as it struggles to turn its economic fortune around. Speaking during the recent Digital Agenda Forum 2023 in Lagos eminent personalities in Nigeria’s innovation and technology space made this case in different ways.

Bimbo Abioye, President of ISPON, and Group Managing Director of FinTrak Software in his compelling address titled ‘Understanding The Strategic Role of Software in Emerging Technologies and National Development’ highlighted the crucial significance of embracing indigenous software for fostering national growth and economic stability.

Addressing a diverse audience of distinguished guests, Abioye emphasised the pressing need for Nigeria to pivot towards patronizing indigenous goods and services. He pointed out the detrimental impact of the country’s reliance on foreign products, underscoring the resultant increase in unemployment rates and the stifling of domestic economic growth.

“The ‘Japa’ syndrome continues to exacerbate the issue,” remarked Abioye, urging a shift towards supporting locally developed software as a means to generate employment for the country’s youth. Citing the potential of the software industry to employ millions, he highlighted the disparity between Nigeria and countries like India, where technology firms have propelled significant employment opportunities.

Drawing parallels to India’s success in leveraging software for national growth, Abioye stressed the transformative potential of indigenous software across sectors like healthcare, education, agriculture, and governance. He underscored the need for collaborative efforts among government, industries, and academia to create an environment conducive to the growth of the local software industry.

Joining the discussion, Amos Emmanuel, founder of Innovationbed, spoke on the urgent need for inclusive governance and the bridging of developmental gaps. He highlighted Innovationbed’s role in establishing a tech-driven innovation ecosystem focused on addressing socioeconomic disparities and fostering home-grown innovation in Nigeria.

Innovationbed.Africa emerges is a key initiative driving innovation capacity development among the youth, governments, and institutions, aiming to construct a fairer, sustainable, and inclusive digital society crucial for the development of developing countries.

The program underscores the urgent need for collective action and innovation across eight core economic sectors. It emphasizes the involvement of every individual and innovator to fuel Nigeria’s national development.

In the wake of these discussions, Don Pedro Aganbi, Managing Consultant, TechTV, convener of the Digital Agenda Forum, noted the imperative to embrace indigenous software as a driver of national development becomes increasingly evident.

He argued that the call to action resonates strongly – to support, promote, and invest in home-grown software solutions, heralding a technologically empowered future for Nigeria.

spot_img
spot_img
spot_img

Hot this week

PenCom Targets N22tn Pension Contributions by End 2024

The National Pension Commission (PenCom) says it expects pension...

PalmPay, Jumia Launch Holiday Campaign to Reward Users

This holiday season just got a whole lot more...

Adekunle Gold, Wande Coal, Young Jonn Set to Thrill Fans at Lagos Shopping Festival

Lagosians are in for the most exciting music extravaganza...

Mediacraft Associates Continues to Blaze the Trail in Awards

  Group CEO Voted ‘Legend of Marketing Comms’ John Ehiguese, CEO...

Committee of Banks in Nigeria Donates Multimillion Naira Relief Materials to Jigawa Flood Victims

The Committee of Banks in Nigeria on Thursday lifted...

Topics

NAICOM Chief, Thomas, to Chair Business Journal Public Presentation Sept 16

Mr. O. S Thomas Commissioner for Insurance/CEO National Insurance Commission (NAICOM) Mr....

Efekoha Emerges 40th President of WAICA at 50th Anniversary Conference

  Mr. Eddie Efekoha, Group Managing Director/CEO of Consolidated Hallmark...

Gartner: Worldwide Smartphone Sales to Slow in 2016

Gartner said global smartphone sales will continue to slow...

NAICOM, CIIN Partner on Key Market Initiatives

The Commissioner for Insurance (CFI) hosted the Council of...

Ecobank MySME Growth Series: AI Holds the key to Business Development-Erhabor

Small and Medium Enterprises (SMEs) in the country have...

American Financial Group to Exit Lloyd’s

American Financial Group has reached a deal to unload...

AEDC Unveils Victor Osadolor as Chairman, Bada now Interim MD

Victor Osadolor The Abuja Electricity Distribution Company (AEDC) now has...

Nigeria: 2018 GDP Forecast Climbs to 2.6%

The National Bureau of Statistics (NBS) released Q4:2017 Gross...
spot_img

Related Articles

Popular Categories

spot_imgspot_img