GITEX 2025: Let’s Use AI, Fintech, Others to Grow Economy, Says Sanwo-Olu

Lagos State Governor Babajide Sanwo-Olu has urged innovators, investors and policymakers to leverage artificial intelligence, fintech, healthtech, edtech, agritech and other emerging sectors to grow Nigeria’s economy.

Sanwo-Olu made the call during the opening ceremony of the two-day GITEX Nigeria Tech Expo and Future Economy Conference 2025 in Lagos.

The conference was organised in partnership with KAOUN International and the Federal Ministry of Communications, Innovation and Digital Economy.

The National Information Technology Development Agency (NITDA) is also a partner in organising the conference.

The governor said GITEX Nigeria was more than a showcase of technology, describing it as a platform for building partnerships and sparking innovation.

He said that it was also an opportunity to lay the groundwork for Nigeria’s ambition to become a $1 trillion economy by 2030.

“We are not just crafting a digital Nigeria; we are shaping a digital Africa that will inspire the world,” Sanwo-Olu said.

He said that Lagos was already positioning itself as the hub of Africa’s digital future.

Quoting the Financial Times, he said Nigeria was home to 23 of the fastest-growing companies.

According to the governor, this is evidence of a strong innovation ecosystem powered by government policies, private sector investment and resilient startups.

Sanwo-Olu noted that events such as GITEX created opportunities for talent development, expansion of digital infrastructure, and strategic partnerships.

He added that these opportunities would help transform traditional sectors such as education, healthcare and agriculture.

He urged participants to explore new technologies and ideas that could uplift underserved communities and promote inclusive growth.

According to him, the future economy conference and the startup festival at the Landmark Centre are designed to provide a platform where visionaries, investors and decision-makers can connect to shape Africa’s digital future.

Sanwo-Olu said Lagos was not just a city but a movement for innovation, adding that the outcomes from GITEX Nigeria would play a role in creating jobs and scaling local startups.

He stressed that it would also strengthen Nigeria’s competitiveness in the global economy. (NAN)

The post GITEX 2025: Let’s Use AI, Fintech, Others to Grow Economy, Says Sanwo-Olu appeared first on THISDAYLIVE.

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    Tinubu: Our Govt’s Bold Economic Reforms Already Yielding Fruitful Results 

    Tinubu: Our Govt’s Bold Economic Reforms Already Yielding Fruitful Results 

    Declares that in two years, Nigeria now respected globally

    Deji Elumoye in Abuja 

    President Bola Tinubu has declared that his government’s bold economic reforms, which aim to restore Nigeria to its enviable position, are yielding fruitful results.

    According to him, the country’s economy is now stable and attracting interest from around the world.

    The president made this disclosure at the State House when he received the Soun of Ogbomosoland, His Imperial Majesty, Oba Ghandi Afolabi Oladunni Olaoye, Orumogege III, in audience with some other royal fathers.

    President Tinubu said: “Years of neglect and self-deception, fake records, smuggling, and all of that have denied Nigeria the necessary revenue for progress and development.

    “Then we were confronted again with arbitrage trading of currency, an illusion of selling papers, corruption all over the place, and the integrity of the country and its economy being extremely and adversely challenged.

    “We had to take those actions. With your prayers, patience, perseverance and great understanding, I’m glad to tell you today that the economy is stabilised. The bleeding has stopped. Haemorrhage is gone; the patient is alive.”

    The president also said the establishment of NELFUND was to ensure that no student would drop out because of poverty.

    He affirmed that everybody has a right to education as it is the “greatest weapon you can give to human beings against poverty; that’s what we are doing. We have remained aggressive on our infrastructure. And it’s just two years”.

    President Tinubu thanked the Soun of Ogbomoso for crediting his administration with the bold decisions taken immediately upon resumption of office.

    He noted that the people of Ogbomosoland were already feeling the modernisation and transformation introduced by the monarch, who promised to strengthen traditional institutions.

    The president promised to engage the Ministers of Power, Water Resources, Agriculture, and Works to look into the visiting monarch’s requests, stating they can make Nigeria self-sufficient in agriculture.

    Earlier, the Soun commended the president for his incredible strides, which “only a bold leader could have recorded. Removing fuel subsidy has shown us that it is the right decision, and we can see the effects”.

    Oba Olaoye said the foreign exchange reforms and introduction of NELFUND have made it easier for many students to continue their schooling without considering dropping out.

    The royal father also commended the president for awarding the contract for the dualization of the Oyo-Ogbomosho Road, which had been abandoned for decades, pointing out that the road would spur economic activities as a significant gateway to the north.

    The paramount ruler, however, requested the president’s intervention in the water and power supply in Ogbomoso, the upgrading of the General Hospital in the town into a Federal Medical Centre, as well as the establishment of a research institute to enhance the development and transformation of the famous ‘Ogbomoso mangoes and cashew nuts’ into a viable agricultural enterprise.

    Oba Olaoye thanked the president for appointing Ogbomoso sons to his administration, notably the Federal Inland Revenue Service (FIRS) Chairman, Zacch Adedeji, and the DG of the Bureau of Public Procurement, Debo Adedokun.

    On the entourage of the Soun of Ogbomosoland were five other kings representing the five councils in Ogbomosoland, namely High Chief Samuel Otolorin, the Areago of Ogbomosoland; HRM, Oba Oyetunji Adeyeye, the Alajaawa of Ajaawa; HRM Oba Bolarinwa Ezekiel Olajide, the Onisapa of Isapa; HRM Oba Babatunde Amao, the Aale Oke-elerin, and HRM Oba Akinola John Akintola, the Olokin-apa of Okin-apa.

    Others were High Chief Ogundare Oluwakemi Rebecca, Iyalode of Ogbomosoland; Prof. Sola Adepoju, former DG Forestry Research Institute of Nigeria; Chief Tunji Olaniyi, a businessman, and Alhaji Abdul Ganiyu Atanda Owodunni, the Aare Musulumi of Ogbomosoland.

    Also present was the Special Adviser to the President on Media and Public Communication, Chief Sunday Dare, a prominent ‘son of the soil’ who doubles as the Agbaakin of Ogbomosoland.

    The post Tinubu: Our Govt’s Bold Economic Reforms Already Yielding Fruitful Results  appeared first on THISDAYLIVE.

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    * Declares that in two years, Nigeria now respected globally Deji Elumoye in Abuja  President Bola Tinubu has declared that his government’s bold economic reforms, which aim to restore Nigeria to
    The post Tinubu: Our Govt’s Bold Economic Reforms Already Yielding Fruitful Results  appeared first on THISDAYLIVE.

    INEC: We’ll Continue to  Deepen Collaboration with NIMC

    INEC: We’ll Continue to  Deepen Collaboration with NIMC

    Adedayo Akinwale in Abuja

    The Independent National Electoral Commission (INEC) has assured Nigerians that it will continue to deepen its collaboration with the National Identity Management Commission (NIMC) to ensure that citizens can vote wherever they are rather than where they register in the future.

    INEC Chairman, Prof. Mahmood Yakubu, disclosed this on Monday in Abuja during a courtesy call by the Director General of the NIMC, Mr. Abisoye Coker-Odusote.

    He said under his leadership, INEC has engaged with NIMC at different times with the intention of solidifying its partnership in the area of identity management. 

    Yakubu stated: “As is well known, the Independent National Electoral Commission (INEC) holds the database of citizens for the purpose of elections, while NIMC has the record of citizens generally. Together, our two agencies hold the largest biometric databases of citizens in Nigeria.

    “Since the ultimate goal is to enroll every citizen with NIMC, we look forward to the day when your database will serve as the single source of truth for citizenship identification in Nigeria. 

    “When the time comes, the national register of voters may simply draw from the citizenship register as is the case in many jurisdictions around the world. 

    “This may also enable citizens to vote in future elections from their places of choice anywhere in the country rather than the places they register as voters as is the case at present. To achieve this long-term goal, we will continue to deepen our collaboration with NIMC.”

    The chairman stressed that it was in furtherance of this collaboration that NIMC deployed its officials in some of its registration centres during the ongoing nationwide Continuous Voter Registration (CVR). 

    Yakubu noted that the idea was to provide more Nigerians who are yet to enroll for the National Identification Number (NIN) the opportunity to do so. 

    Working with NIMC, Yakubu stressed that the commission carried out a pilot during the recent CVR in Anambra State from 8th to 20th July 2025. 

    He said: “We are now set to scale it up nationwide. Citizens will therefore have the opportunity to register as voters while simultaneously registering for the NIN.

    “In due course, NIMC will provide details of the locations of our CVR centres where it will deploy its officials and also provide the modalities for the NIN registration.

    “We welcome this partnership with NIMC, which is in keeping with our commitment to synergise with every national institution to strengthen electoral activities in Nigeria.”

    The post INEC: We’ll Continue to  Deepen Collaboration with NIMC appeared first on THISDAYLIVE.

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    Adedayo Akinwale in Abuja The Independent National Electoral Commission (INEC) has assured Nigerians that it will continue to deepen its collaboration with the National Identity Management Commission (NIMC) to ensure
    The post INEC: We’ll Continue to  Deepen Collaboration with NIMC appeared first on THISDAYLIVE.

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