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Published On: Fri, Apr 27th, 2018

FG strategises on framework for tech entrepreneurship

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Mrs Aisha Abubakar, Minister of State Federal Ministry of Industry Trade and Investment, says the Federal Government will continue to promote regulations and policy framework on tech entrepreneurship ecosystem.
The minister, who said this on Thursday in Abuja at the launch of the ecosystem research paper.
He noted that the research would provide policymakers with the tools to manage and leverage on digital disruption.
Abubakar, represented by Mr Adewale Bakare, Director Industrial Development Department said “we see the creativity and ingenuity of our Micro, Small and Medium Enterprises (MSMEs) and the enabling environment will make them thrive.
According to her, the research will provide policymakers with the tools to manage and leverage on digital disruption.
“We will use the report to provide solution, come out with policies to help promote and guide ICT entrepreneurs in Nigeria,” she said.
Also, Mrs Titi Akinsanmi, Google Policy and Government Relations Lead and the experts, told NAN that Nigerians has the potential to develop the tech entrepreneurship ecosystem but the framework and enabling environment is lacking.
Akinsanmi said that resilience among citizens, the steaming youthful population, harnessing market potential and the right framework will propel start-ups and the tech entrepreneurship ecosystem.
Akinsanmi said that the drive to help digital economy of Nigeria to succeed is dependent on the citizens.
According to her, the government needs to make policies that will allow Small and Medium Enterprises the ease of doing business so as to complement inputs from entrepreneurs.
Mr Mimshach Obioha, Programme Director Ventures Platform Foundation, said that the Nigerian tech ecosystem was still at its infancy and required huge support from all stakeholders.
Obioha said that the world had been powered by raw materials that needed to be transformed into assets to boost the economy of any nation.
He said that Nigeria with its large population and large resources with many entrepreneurs can transform the country and Africa.
According to him, oil as a source of revenue is obsolete and the country needs to create an alternative revenue generation channel, which technology can offer.
He further said that the tech entrepreneurship ecosystem if properly supported had the potential to create jobs.
Mr Bankole Oloruntoba, Managing Director Enspire Hub, said that ICT hubs should ensure they actively build on their capacity and programmes.
Oloruntoba added that the capacity of an ICT hub could launch it in its relevant space.
Mr Segun Araroini, a Partner of Value Minds, said ICT hubs could synergise by creating a virtual networking platform to develop the ecosystem.
NAN, however, recalls that Tech Entrepreneurship Ecosystems Research Paper by OC & C Strategy Consultants, Ventures Platform Foundation and Google was recently launched in Abuja.(NAN)

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