Experts seek policies to drive Nigeria’s economy

Experts have called for innovation-driven programmes to develop the Nigerian economy.

During the Breakfast Forum of the Nigeria-South Africa Chamber of Commerce recently in Lagos, the stakeholders charged the Federal Government to come up with policies that would address technological challenges to enable the national economy compete globally.

With the theme, “Building Great Institutions, Governance, Succession and Service,” the event pushed for stakeholders to embrace innovation for developing the nation’s economy and also expounded the benefits of the effective application of Big Data in the industrial sector.

According to the chamber’s chairman, Mr. Foluso Philips, innovation was key to the economic development of any nation.

He said: “If you take a look at Nigeria’s economy, you will discover that the level of innovation and technology in the country is low and not where it should be, therefore working policies should be made to support human capital, research/innovation, infrastructure and a sophisticated business community.”