Experts to discuss innovation for economic transformation at Nigeria innovation summit 2017

by | May 30, 2017 12:55 am

Experts in the technology industry continue to emphasise the urgent need for Nigeria to invest in innovation, research and technology development, in order to become an innovation-driven nation, so as to improve in the Global Innovation Index ranking, attract foreign investments and boost the economy and life of the people.

This, according to Emerging Media, organisers of Nigeria innovation summit 2017, will be the thrust of discussion at this year’s summit which would have in attendance, stakeholders from different sectors of Nigeria’s economy as well as participants from the UK, USA, South Africa, Israel and other countries to share ideas, trends, and opportunities around technology, innovation and entrepreneurship development in Nigeria.

Speaking on the need for such Summit at this time, Kenneth Omeruo, MD/CEO, Emerging Media said, “Nigeria has the potentials to be a global economic power if we embrace and invest heavily in technology and innovation. Every sector in Nigeria’s economy needs disruptive ideas driven by technology. Right now we are nowhere in the global innovation index and the world is moving at a very high speed. It is instructive to note that Tunisia ranked 45th and Morocco 50th as the only African countries mentioned in the 2017 Bloomberg Innovation Index, which scores economies using factors including research and development intensity and the concentration of high-tech companies.

“South Korea, Sweden, Germany, Switzerland, Finland are the top five countries in that index. I think there is so much to learn from these countries. We should be implementing policies and investments that will encourage technology, innovation and entrepreneurship in Nigeria. The Nigeria Innovation Summit 2017 is offering a platform to engage stakeholders across all sectors on the need for such,” Omeruo said.

With the theme; ‘Transforming Nigeria’s Economy through Technology, Innovation and Entrepreneurship’, Omeruo said the summit will provide opportunities for the 36 States, Ministries, Departments and Agencies of Government as well as Corporate bodies to showcase their agenda for digital transformation and innovation agenda for the future.

He described the Summit as a platform that creates awareness on the need for open innovation in Nigeria where the government, industries across all sectors, academia, entrepreneurs collaborate to solve the problems of economic growth in Nigeria.

Also speaking, Tony Ajah, the Director of Nigeria Innovation Summit said that the 2-day Summit will feature keynote speeches, panel discussions, exhibitions, workshops, and the Nigeria innovation awards.

Government representatives, international organisations, investors, business leaders, CEOs of companies and organisations, innovators, academics, start-ups and entrepreneurs have been invited to participate at the summit.

According to Ajah, the summit sessions will cover sub-topics as: How to transform the challenging economy in Nigeria through technology, innovation and entrepreneurship; how Nigeria can build a sustainable innovation ecosystem and become more innovative; exploring the concept of open innovation; innovation in telecommunications, infrastructure development and the mobile ecosystem; innovation in the manufacturing industry and innovation through emerging technologies; big data, data centres, cloud computing, IoT, wearable technologies, cyber-security, robotics, virtual reality and smart cities.


Jumoke Akiyode