“With Nigeria’s huge potential, if the same could be achieved, or even a 30% GDP addition to Nigeria coming from technology, innovation and entrepreneurship, it will hasten the country’s economic development”.
He added that Nigeria possessed the potential to be a destination for businesses if innovative developments were harnessed, particularly through “innovation incubation hubs”. In his remarks, the TETFund boss expressed appreciation to the Israeli ambassador for his visit and commitment towards strengthening ties with the agency in Nigeria’s quest for technological and economic development.
While expressing excitement at the numerous benefits derivable from the partnership, he stated that “If innovation and entrepreneurship can provide 45% of Israel GDP, one can only imagine what 10 or 20% will do to Nigeria’s GDP with our population.” According to Echono, there is a global consensus that Nigerians are hardworking and intelligent if provided with the right incentives, and one can envision what can be unlocked through technology, innovation and entrepreneurship.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.