Connect with us

    Hi, what are you looking for?

    Tech

    Market Creating Innovation, A Major Driver in Economic Development – DG NITDA

    To make Nigeria a prosperous nation, it is imperative in adopting market creating innovations as a paradigm innovation needed for economic prosperity and development rather than focusing on the visible signs of poverty.

    Mallam Kashifu Inuwa Abdullahi, Director General of the National Information Technology Development Agency, made this known when he declared open, a 5-day capacity building programme on Market-Creating Innovation and Advisory Services for civil servants and other IT stakeholders yesterday in Abuja.

    The NITDA boss who expressed his enthusiasm at the theme of the programme stated that developing market creation strategies theoretically and executing them is essential in creating prosperity for the nation.

    Abdullahi mentioned the importance of bringing up new innovations to attract a high market value that will have an enormous impact on the economy of the country so as to meet the expectation of the government.

    “The Government has been investing hugely in the development of the country and the ecosystem needs to spontaneously react to it”, he noted.

    He disclosed that despite the trillions of dollars worth of resources that have been invested into alleviating poverty, it has not resulted in widespread prosperity.

    He further stated that influences such as the blockchain technology and emerging technologies can be deployed in creating effective market innovations.

    The Director General quoted Clayton Chrisensen of the Technology and Operations Management Unit in the Harvard University as saying ‘theory is different from practical but the use of theoretical insights can be used in practicing whatever people want to do’.

    He then urged participants to open their minds to the contents of the programme and assured them of getting knowledge beyond their expectations which can be applied into developing innovating market strategies that can make Nigeria great again.

     

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published.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

    ad

    You May Also Like

    Sports

    Barcelona and Brazil legend, Ronaldinho, has come out of retirement at the age of 46 to join Serie C side Ravenna FC. His return...

    Sports

    Paraguay midfielder Miguel Almiron became the first player in football history to be sent off under FIFA’s new rule prohibiting players from covering their...

    News

    Australia has confirmed its first case of the highly pathogenic H5 bird flu strain, ending its status as the last continent free from the...

    News

    The MTN CHAMPS initiative continues to reinforce its reputation as one of Nigeria’s foremost platforms for discovering and developing world-class athletics talent, with 17...