2019: Oby Ezekwesili's Says ICT Can Awaken Nigeria's Economy
Nigeria's economy is out of recession, but not everyone is feeling the exit and that is because the nation is still holding on tight to its poverty status.
Everyone will want to see the nation's economy move away from where it is at the moment to what they dream it should be.
Less than 46 days to the presidential polls, the choice of candidate may affect the performance of the economy, with a prediction of increased inflation already hanging on its neck.
The presidential candidate of the Allied Congress of Nigeria (ACPN), Dr. Obiageli Ezekwesili, says she has the magic wand to take Nigeria's economy to where it should be.
Her plan in this New Year, according to a statement on Tuesday, is to make Nigeria’s economy the most innovative in the entire Africa, but that will happen if she would be elected as president.
Dr. Ezekwesili believes that the nation's economy, if well-managed, would outshine that of its contemporaries.
The ACPN presidential candidate said that this was achievable through the creation of a special fund for science and technology and reformation of key financial institutions.
She said: "We will be creating a $1bn Science, Technology and Innovation fund to ensure that science, technology and innovation becomes the enabler for socio-economic development and structural transformation.
“The goal is to kick-start the process of becoming Africa’s number one innovation and knowledge economy.
"The STI fund will support the building of a robust national innovation system, carry out reforms and re-organisation of existing institutions, and fund the scale-up of Small and Medium-scale Enterprises and start-ups in the technology space, research and development, knowledge transfer, among others.
"The fund will function as a partnership between the government and the private sector".
Ezekwesili also said policies that would ensure increase of technology start-ups in the country by at least 500% in the next four years would be designed and implemented.
“We will set up an Information and Communications Technology programme with a focus on ensuring Nigerians are growing in the remote working and outsourcing global market.
"The plan will be to create centres of ICT advancement in all states with a focus on an average of 10,000 developers in each state,” the presidential candidate of ACPN said.
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“Simultaneously, a group of technology ambassadors will be engaging global sourcing centres, providing them with comparative advantage of opening or expanding current operations in Nigeria.
"The ICT programme will partner the private sector in investing in real estate that allows remote tech workers involved in tech development, data science, Artificial Intelligence and emerging technologies to comfortably work.”
Ezekwesili added, “360,000 persons will be impacted directly through this programme; 1.5 million Nigerians will be indirect beneficiaries.
"This plan is costed at 100 billion Naira which will be financed by the STI Fund, which is in turn financed from the oil subsidy savings".
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