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
spot_img
spot_img

Hot this week

Heirs MD, Wole Fayemi: Nigeria Cannot Solve Housing Challenge Without Insurance Protection

At the recently concluded 20th Africa International Housing Show...

NAICOM Commends Senate on Passage of National Insurance Regulatory Commission Bill

The National Insurance Commission (NAICOM) extends its profound appreciation...

The Business of Staying Relevant: How Personal Branding Creates Career Longevity

    By Teddy Esosa Don-Momoh (Teddiizzle) Life has taught me that...

When the Rain Becomes the Messenger: Lagos Is Not Flooding by Accident

·         How We Buried Our Drains, Burned Our Future...

emPLE, Ecobank Reward Families, Promotes Financial Literacy with ‘Protecting Little Dreams’ Initiative

emPLE Nigeria, in partnership with Ecobank Nigeria, has reinforced...

Topics

CBN Refutes Misreporting on Forex Use in Oil Sector

The Central Bank of Nigeria (CBN) has noted some...

‘Digital Economy to Surpass 10% of African GDP in 10 Years’

The impact of digital technology in the creation of...

High Cost: Major Reason for Protein Deficiency in Nigeria

Nutritionists and public health experts have identified high cost...

How Access Bank is Supporting Women Driving Africa’s Growth Story

Across Africa, women are fast becoming the heartbeat of...

‘Why I Sold Linkedln to Microsoft for $26.2bn’

Microsoft announced yesterday that it would acquire professional networking...

Bellwethers Drive Market Rebound… NSE ASI up 2.4%

The Domestic bourse appreciated yesterday following renewed interest in...

Leadway Pensure: West Africa’s Most Outstanding PFA Brand of the Decade

  Leadway Pensure PFA Limited, a leading Pension Fund Administrator...
spot_img

Related Articles

Popular Categories

spot_imgspot_img