The Federal Government has reiterated its support for indigenous innovation and entrepreneurship to enable Nigeria to turn from a consuming nation to a producing nation.
Minister of Communications and Digital Economy, Dr. Isa Pantami reaffirmed the government’s commitment in Abuja at a recent Stakeholders Review and Validation Workshop of the National Digital Innovation and Entrepreneurship Policy (NDIEP), organized by the National Information Technology Development Agency (NITDA).
According to him, Nigeria has the potential to produce and deploy what it needs and the government was providing an enabling environment for such inventions by introducing the NDIEP.
In his words, “When we support our innovators and entrepreneurs, they will increase our products and position Nigerian goods for more exports.
Government is creating an enabling environment for indigenous innovation and entrepreneurship to thrive. It is the key to driving the digital economy”, he added.
The minister also urged young inventors to stay focused and persistent to enable them actualise
The workshop, which was tagged “Developing an Enabling Digital Innovation and Entrepreneurship Policy,” had stakeholders from different sectors of the national innovation ecosystem to review, suggest amendments and propose implementation strategies for the policy.
Also speaking at the workshop, the Director-General of the Nigeria Information and Technology Development Agency (NITDA), Kashifu Inuwa, explained that the Small and Medium Enterprise (SME), and the Innovation-Driven Enterprise (IDE) makes up the two types of entrepreneurship.
He further stated that the SME is more on short-term and regional benefits while the IDE thrives exponentially and can expose an idea to the international market.
“The policy is designed to help us create an enabling environment to start and grow IDEs in Nigeria. By implementing the policy, we will create the IDE mindset and skill set and learn how to do business in our communities”, he said.
NITDA boss lamented that out of the 615 unicorn companies in the world, only three are in Africa, whereas America has 265, China 204, UK 24 and India has 21 companies.
He however noted that the government was committed to mentoring startups to develop the innovation ecosystem and translate their ideas into products for commercialization.
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