Can Technology Drive Nigeria’s Economy Rather than Oil? Nigerian Technology industry leader gives his opinion (Exclusive)  

 

 

Can Technology Drive Nigeria's Economy Rather than Oil? Nigerian Technology industry leader gives his opinion (Exclusive)   1

Mr. Theodore Longji   CEO  Nhub Nigeria

 

As part of our thrust in looking for stories that stand out globally, E-Crypto News recently reached out to one of the premier technology leaders in Nigeria Mr. Theodore Longji  who is the CEO of Nhub Nigeria, one of Nigeria’s biggest technology hubs and a premier startup accelerator in the West African Country of 180 million-plus people  on several  issues surrounding technology with also the big question of Nigeria using technology to wean herself off oil. Here is what he had to say:

E-Crypto News:

Now that the end of this decade has arrived, what are the problems that Nigeria is facing in embracing technology?

 

Mr. Theodore Longji:

 

“In my opinion, Infrastructural deficit, poor bandwidth penetration, lack of strategic planning and policies that support technology, foresight and the use of outdated curriculum as well as teaching irrelevant codes in computer science departments that are not in use anywhere internationally. Nigeria cannot stay in touch with what is at the cutting edge worldwide without embracing tech. We may have made some progress with the rise of entrepreneurship support organization (ESO) but it is not good enough. Nigeria as a giant of Africa and all its resources is expected to have done much more”.  

 

E-Crypto News:

 

How Can Nigeria transition from being oil-dependent to technology-dependent in terms of revenues?

Mr. Theodore Longji:

 

 “Nigeria can move from being oil-dependent to technology dependent. Nigeria as a country can achieve that feat through strategic plans that will capture talent in emerging technologies to guarantee her at the leading edge and also enable her diversify the economy. To bet early on new generation of entrepreneurs who are already applying advanced science and technology thoughtfully in various fields. This can only be achieved and sustained through deliberate collaborations, investments in talents development, and tech industries”. 

E-Crypto News:

 Are there special ways or prototype projects that can make this happen?

Mr. Theodore Longji:

“There are several projects and initiatives going on. What Government needs to do is to provide support to the already existing projects through collaboration with hubs to further help in the formation of tech startups and provision of enabling environment for these startups and innovators to thrive and also close the skills and knowledge gaps through the provision of immersive trainings, mentorship, co-working spaces and resources that young Nigerians (students, graduates, innovators and entrepreneurs) themselves could never afford”.

 

E-Crypto News:

What exactly is Nhub Nigeria up to at the moment?

 

Mr. Theodore Longji:

 “We are launching an angel network that will further support our growing startup ecosystem. This platform will aggregate angels, business advisers and entrepreneurs to learn, network and explore exciting funding opportunities. It will be officially launched on 1 November”.

 

E-Crypto News:

Do you have the support of any government agency at Plateau State or at the Federal Government Level?

 

Mr. Theodore Longji:

“Yes, we have the support of Plateau State Information Communication Development Agency (PICTDA)”.

 

E-Crypto News:

Can these agencies do more?

Mr. Theodore Longji:

“Yes”.

 

E-Crypto News:

What is the biggest singular challenge in getting the Government at all levels in Nigeria to see technology as being bigger than oil?

 

Mr. Theodore Longji:

“You know when you are used to doing things a certain way you hardly look the other way, which is the case for Nigeria. So for me I think that lack of deep understanding and foresight is a major challenge”.

 

E-Crypto News:

 If you had three wishes and a genie who could do anything for you as regards technology development in Nigeria, what would those wishes be?

 

Mr. Theodore Longji:

“Make government see investment in technology as strategic for the future”.

“Make government collaborate with entrepreneurship support organizations (ESO)”.

“Make government invest in ICT infrastructure”.

 

What do you think? Can Technology drive Nigeria’s economy instead of crude oil? Please let us know in the comments below!

 

 

 

 

About the author

Christopher is the Blockchain/DeFi Editor for E-Crypto News he also writes frequently about Crypto Gaming and Gambling. He is the author of the book "Profitable Cryptocurrency Gambling and Gaming: A Complete Guide." A content developer, Crypto-Enthusiast, and tech-savvy individual. He is also a Superstar Content Developer, Strategy Demigod, and Standup Guy.

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