Nigeria’s Ogun state to boost info-tech with $1m seed capital

The Ogun State government plans to put $1 million seed capital in the development of a technology hub that will support information and communication technology (ICT) experts in the state.

Amosun Ibironke, the state governor, who stated this while declaring open the first technological summit in the state, tagged: ‘TechSummitOgun’, said part of the fund would be used to bring to reality outstanding technological ideas of some of the state gurus in the field.

The effort is to boost digital literacy and technology entrepreneurship in the state, the governor said, adding that it would not only improve on the efficiency of government but also impact positively on real-time feedback between the government and the people.

He stated further that as the state continued to put in place world-class infrastructural facilities and the necessary ambiance for businesses to thrive, it is also important to build up the youth to take advantage of business opportunities available in the state.

The governor noted that the summit is a gateway to a vista of tech-driven innovation and will further enhance socio-economic benefits for the state.

His government, he said, supported the summit, because it had the potential for creating new economies along the ICT value chain.

Ayoola Olaniyi, the team lead of TechSummitOgun, said the purpose of the summit was to open Ogun State up to the world, through technology.

Bosun Tijani, one of the resource persons, enjoined the state government to explore the opportunity in the agricultural sector, where the state has a comparative advantage, saying that agritech should be the focus.