Mr Femi Efunsanya, Chief Executive Officer, MDOT Solution on Friday urged the Federal Government to give more priority to Information Communication Technology (ICT) sector in 2017 budget.
Efunsanya made the call in an interview with the News Agency of Nigeria (NAN) in Lagos.
He also called for the formulation of good policy that would create an enabling environment for ICT entrepreneurs and attract foreign investors in the country.
“Nigeria is currently planning to diversify from oil to another sector.
“I think the ICT sector is capable of improving the economy if government can make it viable for investment.
“As Nigeria is facing recession, ICT can bring different kinds of innovation that can be useful to reviving the economy,” Efunsanya said.
According to him, a country like India has also experienced the same economic hardship and it made their ICT sector viable through policies that would encourage their start-ups to be more innovative.
Efunsanya said that a lot of e-commerce had been established and. most of them were yielding positive results in terms of efficiency.
“E-commerce has become a patronised system of acquiring goods in the country now and it has generated a lot of jobs.
“Government needs to give more priority to that sector because Nigeria has brilliant people who can be innovative.
“If the ICT is given the necessary attention, it is capable of generating internal revenue like oil for the country,” he said
Efunsanya said that the challenge faced by start-up and Small and Medium enterprises (SME’s) were numerous, both internally and externally such as infrastructures, power, and lack of finance, among others.
He appealed to the government to create more technology hub for start-ups for technologists to bring more innovations just like the advanced countries.
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