VP Yemi Osinbajo encourages technology participation at NDES

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At the NDES which had a theme “Web 3.0, Blockchain & DeFi: Impact on Africa’s Digital Economy.” Vice President Yemi Osinbajo said that Nigeria as a country has the requisite talents to become a world leader in the digital economy.

Osinbajo who was the Special Guest of Honour and Keynote Speaker at the event, highlighted the future of technology, digital economy and what it means for Nigeria.

Yemi Osinbajo had this to say at the summit:

“A whole new world is unfolding before our very eyes, unlike Web 1 and 2 where we were relatively disadvantaged,” he said.

“in 1989 we didn’t have mobile phones
so we could not take advantage of the reach and depth that mobile telecoms gave digital innovation and financial inclusion.

We are now better positioned to be significant players in Web 3″.

The Vice President also noted “we have already shown that we have the talent, creativity and acumen to build and grow major tech companies. At the last count, we have six unicorns and many more on the way. But we must spend time on the development of digital skills.”

Then VP also spoke about digitization in the public sector.

“Web 3 will also mean that the digitization of government’s services will come with more options, government agencies can then be smarter, faster and more efficient in delivering their services.

“But I think most importantly, digitising government processes and services is a sleeping commercial giant. The whole range of government services will provide several opportunities for innovation.”

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