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Monday, July 4, 2022

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Interswitch Trains 10, 000 Experts to Drive Digital Economy in Nigeria

The Interswitch Group has provided cutting-edge digital training to over 10, 000 Nigerians in various sectors of the economy to support the journey to digital economy by the Federal Government.

Mr. Akeem Lawal, MD, Payment Processing and Switching (Interswitch Purepay) said in Lagos that the Group has already commenced a new internship program to develop the needed core manpower for Digital Nigeria.

“We identified and trained over 10, 000 people over the years in various sectors of the economy. At present, we are also commencing a new internship program to develop core manpower for the country and to drive digitalisation of the nation’s economy. We need the STEM (Science-Technology-Engineering-Mathematics) concept to develop our digital economy.”

Lawal added that the Interswitch Group also began building blockchain solutions two years ago to solve problems in the pan-African payment system for seamless digital transactions. He said the Group also processes eNaira solutions for clients but does not extend same to crypto currencies in accordance with current regulations of the Central Bank of Nigeria (CBN).

On challenges in the market place, he said: “We recognise the challenges of infrastructure but we also invest on the solutions to deliver services to the public, including the challenges of power. Power remains a challenge but not what we can’t scale over.”

 

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