ODUWOLE, BOSUN MEET TO COLLABORATE TOWARDS ECONOMIC GROWTH ..... Aim To Adopt Technological Advancement
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Dr. Tijani Bosun, Minister of Communication Innovation and Digital Economy with Dr. Jumoke Oduwole Honourable Minister of Trade and Investment |
"It is gratifying to collaborate with a sister Ministry which can help drive goals of improved international trade and increase direct foreign investment." Oduwole.
"International trade and investment is a big agenda for us and we are scaling up where we can be globally competitive."
...... Says we are scaling up digital infrastructure in both public and private sectors, we are growing support for start ups.
"Great nations are great not only because they are able to produce technology but also because they are able to export technology." Tijani Bosun.
"Modern day technology is a key enabler for any economy. If you increase investment in technology by 10%, it can produce 25% increase in GDP".
In a concerted effort to harness areas of collaboration towards economic growth, Nigeria's Minister of Trade and Investment, Dr Jumoke Oduwole has met with Dr. Bosun Tijani, her counterpart at the Ministry of Communication, Innovation and Digital Economy.
The meeting which was held at the Federal Ministry of Industry, Trade and Investment FMITI is at the instance of Dr Oduwole.
A statement issued and signed by Dr. Thomas Adebayo, Director Information and Public Relations of the FMITI disclosed that, "The Honourable Minister, Dr. Oduwole, on realising the importance of digital innovation to modern trade and investment, noted that it is gratifying to her to collaborate with a sister Ministry which can help drive her goals of improved international trade and increase direct foreign investment."
During her meeting with her counterpart at the Ministry of Communication Innovation and Digital Economy, Dr. Oduwole used the opportunity to itemise areas of potential collaborations to include national e- commerce policy and strategy (NEPS 2023-2027), national talent export programme, (NATEP), leadership in AFCFTA, technology export and digital trade desk, driving service export growth and diversification among others.
"International trade and investment is a big agenda for us and we are scaling up where we can be globally competitive", she said.
"We are scaling up digital infrastructure in both public and private sectors, we are growing support for start ups," she added.
Dr Oduwole noted that Nigeria has positioned herself as the champion in trade especially in the African region.
"We are trading in Africa, trading in Africa is a must for us and so we must advance digital trade in Africa," she stressed.
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R-L: Dr. Oduwole and Dr. Bosun in talks during their meeting |
Earlier, the Minister of Communication, Innovation and Digital Economy, Dr Bosun Tijani noted that the entire focus of the present administration under President Bola Ahmed Tinubu is to drive prosperity through technology, and “the collaboration with the Federal Ministry of Industry, Trade and Investment, is in the right direction.”
"Modern day technology is a key enabler for any economy. If you increase investment in technology by 10%, it can produce 25% increase in GDP", he stated.
"We are targeting billion dollar investment into the country so, this where trade and investment is important to our ministry," he added.
"We need talent, the right infrastructure, right policy and the right environment to do these," he added.
He noted that the the role of investment and innovators cannot be over emphasized.
"Great nations are great not only because they are able to produce technology but also because they are able to export technology," he noted.
"There is global shortage of Digital talent population, this is where Nigeria has comparative advantage over developed nations.
“We believe Nigeria can be a net exporter of talents with her huge youth population." he stressed.
Dr Tijani also informed that already, 3 million youths have been trained in technology skills so far.
"Our goal is not only to train them but also ensure that they are gainfully employed," he assured.
The Minister noted that there are many business opportunities for both ministries abroad urging the private sector to take advantage of such opportunities through the Ministry of Industry, Trade and Investment as well the Ministry of Communication, Innovation and Digital Economy.
Nigeria's Trade Mission in the United States is also available for all prospective investors, he added.
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