Monday, November 3, 2025
25.3 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

2025 Almond Insurance Industry Awards Holds Friday, Nov 7 in Lagos

All is now set for the 2025 Almond Insurance...

Stanbic IBTC Bank Nigeria PMI: Output Growth Hits 6-Month High in October

October data pointed to improved growth momentum in the...

Emirates Rolls out 700 Exclusive Winter Deals with My Emirates Pass

Emirates Airlines has announced exclusive winter offers with My...

Sterling HoldCo Builds on Upward Earnings Trajectory with 127% Profit Growth

Sterling Financial Holdings Company Plc has announced its unaudited...

Topics

NIGERIA’S NAIRA DEVALUATION: NOT A DAY TOO SOON

BY AUBREY HRUBY There was a collective sigh of relief...

Cool Plus Offers Innovative Acoustics, Thermal Insulation Tech to Nigeria

  Cool Plus Limited, a leading professional HVAC company in...

Arsenal, Emirates Make Football History in Sponsorship Deal

Emirates, the world’s largest international airline, and Arsenal Football...

NSE, DMO Hold Workshop on Fixed Income

In line with its commitment to improve the capacity...

Lufthansa Cargo to Off-load 800 Staff

German-based Lufthansa Cargo is planning to cut around 700-800...

Nigeria Abolishes Capital Levels for Insurance Firms

The National Insurance Commission and operators have jointly...

NNPC Seeks Increase in Oil Production Royalties

The Nigerian National Petroleum Corporation (NNPC) has recommended some...

Oxfam Report: 62 People Richer Than Half of World Population

The richest 62 people in the world control more...
spot_img

Related Articles

Popular Categories

spot_imgspot_img