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FG Vows To Deliver Tech-driven $1trn Economy

The Federal Government said on Tuesday in Abuja that it is committed to delivering an economy built on technological innovations. The Minister of Innovation, Science and Technology, Dr Kingsley Udeh, said this. . .

By @MarketforcesA · · 3 min read

FG Vows To Deliver Tech-driven $1trn Economy

The Federal Government said on Tuesday in Abuja that it is committed to delivering an economy built on technological innovations. The Minister of Innovation, Science and Technology, Dr Kingsley Udeh, said this when he visited the National Office for Technology Acquisition and Promotion (NOTAP). During the visit, the minister inspected ‘Project Nova,’ a reconstructed facility specifically designed to house deep tech and machine learning infrastructure to empower Nigerians with practical, market-ready skills. Addressing the NOTAP leadership, Udeh praised the NOTAP Director-General, Dr Obiageli Amadiobi, for transforming an existing structure into a people-centric hub that aligned with President Bola Tinubu’s Renewed Hope Agenda. He applauded the management for taking proactive steps in bridging the gap between academic research and industrial application. “There will always be circumstances that would justify giving excuses. “We can always transcend such circumstances; instead of giving excuses, we bring performance; we bring actions that will take us to our expected end,” he said. The minister said the federal government was fully committed to ensuring that Nigeria transitioned from being a mere producer of intellectual property and academic research to generating enterprise and revenue. He said that ‘Project Nova’ aligned with the Energise Commercialisation Now (ECoN) initiative, being championed by the First Lady, Mrs Oluremi Tinubu. Udeh assured NOTAP of the ministry’s unwavering partnership, describing the agency as a vital mechanism used by the government to reach and uplift citizensHe said it was also a vehicle for expanding the Federal Government’s youth-centric tech interventions such as the “Youth and Student in Innovation” programme. “This initiative, developed in collaboration with various ministries including Education, Health, Women Affairs, and Communications, Innovation and Digital Economy, targets young Nigerians both within and outside formal government structures“It aims to give them skills such as data optimisation and content creation which they use to earn legitimately and provide services for Nigeria and across the globe,” Udeh said. Amadiobi, assured the minister of the agency’s support, adding that it was designing its programmes to ensure that Nigeria’s innovations and inventions were globally competitive. “We are intentional about balancing skills set upscaling and skills set optimisation with the requirement for documentation or certification. “We are ensuring that the certifications issued to Nigerian youths are globally recognised and authorised by law,” she said. #FG Vows to Deliver Tech-driven $1trn Economy#Tinubu Tasks Afreximbank on Africa’s Industrialisation, Value AdditionOgochukwu NdubuisiOgochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy. With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage. Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape. She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments. Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership. Ogochukwu Ndubuisi is based in Lagos, Nigeria.

Source: dmarketforces.com

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