Thursday, July 31, 2025
26.1 C
Lagos

Nigeria, Japan Partner on Digital Economy

Mr. Bitrus Bako Nabasu, Permanent Secretary, Ministry of Communications and Digital Economy  recently received in audience the Ambassador-designate of Japan, His Excellency, Mr. Sadanabu Kusaote Umer and his entourage in his office in Abuja on a courtesy call.

The Permanent Secretary said it was a pleasure to have the Ambassador to interact with the Ministry of Communications and Digital Economy at a time it is working assiduously towards digitising the country’s economy. He noted that the economy of Japan is being driven by modern technology and that it will be of immense benefit for Nigeria to collaborate with the Government of Japan to develop her digital economy sector which will in turn increase her Gross Domestic Product (GDP).

He said that the Digital Economy added to the Communications Ministry is to enable it to digitise the economy thereby enhance economic growth, create employment especially for its teaming youths and bring about better life for the people generally.

He reiterated that to partner with Japanese Companies on Technology Development particularly in digitalisation of Nigeria’s economy is a very welcome development.

According to Mr. Nabasu, Nigeria is a mono economy of which its main source of revenue is oil and that the price of crude oil is no longer attractive in the global market, therefore Nigeria can no longer depend on oil alone to advance as a nation. He stated that the time has come to “think out of the box” by diversifying our economy in digitalisation of the nation’s economy.

He said the Ministry is looking forward to a stronger partnership with Japan’s technology companies for employment generation for its people who are unemployed, especially its youths. He noted that Nigeria is very passionate about the digitalisation of the Nigerian economy and has been working assiduously to actualise that.

Speaking earlier, the Ambassador-designate said that the purposes of Japan’s co-operation with Nigeria are numerous; first; for the realisation of a digital Society in the country; introducing digital technology for more effective and efficient development cooperation in various areas; through infrastructure development for building a digital society; supporting spontaneous development through the spread of digitalisation; and developing a secure, free and open cyber environment to ensure Nigeria’s ownership of data.

He added that other areas of co-operation include existing projects and plans for the future.

 

spot_img
spot_img
spot_img

Hot this week

Two NCDMB Leaders Bag Doctorate Degrees at UNIPORT Convocation

Two senior officials of the Nigerian Content Development and...

Sovereign Trust Insurance Reports 109% Insurance Revenue Growth in 2024

Sovereign Trust Insurance Plc recently released its 2024 audited...

NAICOM Issues Guidelines for Insurtech Operations Effective Aug 1

The National Insurance Commission (NAICOM) has officially issued operational...

Leadway Assurance: Official Insurance Partner of Lagos International Trade Fair 2025

L–R: Juliet Okon, Head, Alternative Channel and High Net-worth...

NNPCL: Port Harcourt Refinery Not for Sale

Group CEO, NNPC Limited, Engr. Bashir Bayo Ojulari addressing...

Topics

Nigeria Re Names Gbenga Falekulo as New CEO

  Mr. Gbenga Falekulo Managing Director/CEO Nigeria Reinsurance Corporation Mr. Gbenga Falekulo has...

Guinea Insurance Grows Investment Income by 50.5% in 2019

R-L: Ranti Oke, DCSL Company Secretaries Limited; Samuel Onukwe,...

Comms Minister, Maida Advance Nigeria’s Vision on Digital Capacity in Partnership with Nokia

Recently, Dr. Bosun Tijanni, the Honourable Minister of Communications,...

Stanbic IBTC Shines at PEARL Awards

The Stanbic IBTC Group has added to the number...

Stock Market Extends Bearish Performance… ASI Down 0.4%

Yesterday, the bearish performance of the local bourse continued into...

Sustain War on Corruption in 2017; Firms Must Innovate Or Die

General Expectation(s) of the Economy in 2017 - Stay consistent...

Sovereign Trust Insurance Celebrates Children’s Day with School Kids

As part of the activities marking the 2018 Children's...

‘Africa Holds the Ace in 5G Investment’– NCC EVC

With a large number of 3.7 billion global unconnected...
spot_img

Related Articles

Popular Categories

spot_imgspot_img