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According to Nigerian Vice President Yemi Osinbajo, his nation is well-positioned to become a worldwide leader in the digital economy. However, for that to take place, Nigeria need to pick the ideal method and invest more time establishing digital abilities.

Nigeria Better Equipped Than 3 Decades Ago

The Nigerian vice president, Yemi Osinbajo, just recently declared that his nation has enough human capital to see it become a world leader in the digital economy. The vice president, nevertheless, stated for this to come true, Nigeria need to pick the ideal method and policies.

According to a News Ghana report, Osinbajo made the remarks while resolving delegates that participated in the Nigeria Digital Economy Summit (NDES) which was held in Abuja. In the very same speech, the Nigerian leader also discussed why his nation is much better now than it was more than 3 years back, when the initially version of the web originated.

“A whole new world is unfolding before our very eyes, unlike Web 1 and 2 where we were relatively disadvantaged. In 1989, we didn’t have mobile phones, so we could not take advantage of the reach and depth that mobile telecoms gave digital innovation and financial inclusion. We are now better positioned to be significant players in Web 3.”

The vice president included that Nigeria has “already shown” it can accomplishing this objective and this can be evidenced by the “6 unicorns [we have] and many more on the way.” Osinbajo nevertheless firmly insists that Nigeria still requires to “spend time on the development of digital skills.”

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