Technology Mirror
We ‘ll Use Technology to Collapse Physical Trade Barriers, NITDA Assures African Traders

We ‘ll Use Technology to Collapse Physical Trade Barriers, NITDA Assures African Traders

The National Information Technology Development Agency (NITDA) has assured that it is working to collapse the physical barriers in the context of trade for economic growth regardless of location through digital technology.

According to the Director General NITDA, Mr Kashifu Inuwa, for Africa and Nigeria in particular to leap frog and develop, our economy has to leverage technology.

He said: “It is only technology that can give you the opportunity within the comfort of your zone to advertise, sell, and promote wherever you can think of. It can be a product; it can be a service or an idea”

Inuwa who spoke at the the Maiden ‘Nigeria-Cote D’Ivoire Business Roundtable and Exhibition’ at the Margins of the 64th ECOWAS Summit in Abuja, encouraged MSMEs, who are the drivers of the economy not only in Nigeria but globally to, embrace technology as that is the easiest way to increase their contribution to the nation’s Gross Domestic Product (GDP).

Represented by the Acting Director, Digital Economy Development Department (DED), Engr Salisu Kaka, he said that opportunities in technology for economic growth are captured in the 5-pillar Strategic Agenda of the Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani.

He stated that as indicated in the pillars, as an effective policy provides regulatory clarity and necessary incentives for an environment where businesses and innovators are empowered to grow.

In his welcome address, the Director, Economic, Trade and Investment Department of the Federal Ministry of Foreign Affairs, Ambassador Akinremi Bolaji said, “the event would create a good platform for Nigeria to take assessment of her readiness, preparation, inter-Agency, and public private sector collaboration.”

Stating further, “our intention is to expand the presence of our private sector in Cote D’ Ivoire and the West African sub region.”

He said event was conceived few weeks ago as a result of a meeting held in the Ministry of Foreign Affairs in November between Ambassador Bolaji and the Ambassador of Cote D’ Ivoire, Kalilou Taore as a result of the observation of the challenges in deepening economic relations between the two countries despite the effort to deepen relations.

The Business Roundtable and Exhibition was a Public Private sector partnership co-hosted by the Nigerian Association of Chambers, Industry, Mines and Agriculture (NACCIMA), on behalf of the organised private sector and the federal government of Nigeria, coordinated by the Economic, Trade and Investment Department of the Federal Ministry of Foreign Affairs.

s-The aim of the event was to  propel a deeper private sector engagement as a remedy between the two West African countries. Nigeria hosted the maiden edition of the Roundtable and Exhibition on Saturday 9th November 2023 while Cote D’ Ivoire will host the second edition at the margins of the African cup of Nation (AFCON) competition in Cote D’ Ivoire come January 2024.

 

administrator

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *