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Nigerian Vice-President Yemi Osinbajo Encourages Youth to Invest in Economy With the Use of Technology

Osinbajo highlights the importance of young collaboration in order to connect Nigeria, the African continent, and beyond in order to achieve real progress

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Hamzat Ibrahim Abaga
Hamzat Ibrahim Abaga
Hamzat Ibrahim Abaga is a graduate of Mass Communication and aspiring investigative journalist.

NIGERIA. Abuja: Nigeria’s Vice-President, Yemi Osinbajo, has stressed the importance of young Nigerians who are knowledgeable about technology investing and participating in technological driving programs, as it has the potential to boost the country’s GDP, create more jobs, and increase wealth.

Osinbajo, who was represented by the Minister of State for Industry, Trade, and Investment, Maryam Katagum, spoke at the first Abuja Chamber of Commerce and Industry (ACCI) Young CEOs Summit, which was held in Abuja with the theme “Leveraging Technology for Sustainable Commerce and Leadership for Young CEOs.”

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“At this stage of life, using technology in terms of doing business will go a long way in creating more avenues for manufacturers and producers to showcase their products and talent to the world,” Osinbajo continued. “It will also help in attracting more investors, make the job easier, and boost the country’s GDP.”

The importance of technology for the Nigerian economy

However, in the face of this new technology, Osinbajo highlights the importance of young collaboration in order to connect Nigeria, the African continent, and beyond in order to achieve real progress.

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“People between the ages of 35, which is the age bracket of young,” Osinbajo continued, “They must be encouraged to invest in the sector for proper improvement and employment creation.”

As a result, Osinbajo guaranteed young entrepreneurs of the Federal Government’s assistance by establishing a level playing field for them to operate in.

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“Young leaders must explore and leverage on technology means such as e-mentoring, multisource feedback, social media, and succession planning programs,’’ Osinbajo noted.

As a result, Osinbajo offers government support at all levels to enable young entrepreneurs to operate on a level playing field, as it is considered that giving youngsters the opportunity to achieve more in terms of technology in economics will provide them a brighter future.

The president of ACCI, Dr. Al-Mujtaba Abubakar, stated that bringing youths along economically is vital since some of them have the potential to boost and awaken Nigeria’s sleeping economy. Nigerians will benefit from greater development, job creation, and poverty reduction as a result of this.

The Young CEOs segment, according to Abubakar, is intended at presenting and letting the general public hear the voice and what young Nigerians have to contribute in terms of employing technology for economic advancement. In addition, it provides mentorship and capacity building to young business entrepreneurs.

According to Abubakar, the Young CEOs membership corps would magnify the voice of our young business people who have hitherto had no voice for mentorship, direction, business connections, or assistance.

Abubakar advises Young Business Owners who have not yet joined the Young CEOs to do so by registering because it has a lot to offer them in terms of coaching, mentorship, and other perks.

The goal of the Young CEOs summit, according to Fife Banks, Chairman of Young CEOs, is to have a meaningful conversation with well-to-do persons both in the public and private sector on ways to improve Africa’s economics through technology and innovation.

Banks went on to say that, with Nigerians clamoring for new leaders, now is the time for young people to shine and participate in the process.

“Young people need to come to see and show the world how creative their thinking is. how they can bring top-notch developmental ideas to the country when giving the mandate.”

“We are not just here to help the country make money or to make money for ourselves, or create jobs for other young people; we are here to collaborate with policymakers and public officeholders. This is also intending to help to make sense of the unprecedented changes the world is experiencing,” Banks said.

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