Vice-President Yemi Osinbajo has said youths in digital skills businesses contribute significantly to driving investment to Nigeria.
VP, while speaking on Thursday at the sixth edition of the Kaduna investment summit (KADINVEST 6.0), themed: ‘Towards a Sustainable Knowledge-based Economy’, which held in Kaduna, said the country needs to focus on the development of a knowledge-based economy to enhance growth.
He said: “It is simply the commercialisation of intellectual capacity, rather than natural resources or physical efforts or physical labour,”
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“By the sheer versatility of technology today, it is possible to leapfrog from where we are to the knowledge economy. Knowledge economy can enhance our performance and all the benefits we can derive from agriculture, manufacturing and services.
“In Nigeria today, our youths who are running digital businesses, and services are making great strides. Given these strides, Nigeria is surely becoming a technology investment destination in Sub-Sahara Africa.
“So, the knowledge-based economy is entirely dependent on intellectual capital in the workforce and in the talent pool that is educated and dynamic and adaptable.”
He commended governor Nasir el-Rufai of Kaduna state, “for the brilliant innovation, but more importantly, for sticking to a plan and for making sure that the plans get results”.
He said: “As you know, I follow your activities closely in Kaduna state because of the seriousness you have brought to sub-national governance in Nigeria. The rigour and innovation that you and your team have brought to policy formulation and implementation is clearly exemplary of what is possible in the states and indeed what is possible in the nation,”
“KADINVEST has become a platform not just to market Kaduna, but Nigeria as a compelling business destination for investment