‘Why Nigeria must invest in young innovators’
Nigeria must invest in young innovators to compete globally, experts have said.
The experts, who spoke in Abuja recently ahead of the Strength Africa startup summit for entrepreneurs, regretted that Nigeria did not have the enabling environment for businesses to thrive.
Noting the importance innovation plays in the development of advanced countries, they maintained that Nigeria has not been able to channel the minds of youths into creating impossible things.
The Managing Partner at Strength Africa, Taiwo Adepoju stressed that the country would make any meaningful development if it fails to invest in the education of its youthful population, maintaining that the country was deformed in its ways of doing things.
Adepoju, who identified entrepreneurship as a key driver to the sustainable growth of any economy, disclosed that Strength Africa has concluded plans to organise the Startup summit to tackle pertinent issues startups face in terms of government policies, business models, technology, finances, sales, and marketing.
Lamenting that the country lacks standards, records keeping and was not competing globally, he said that the nation has plans but regretted that the leadership was not concerned about the plans on the ground.
His words: “Even when the government says they are going to be given 500 thousand youths survival funds there is no proper records to review, we must be innovative in our approach, we have to go beyond creativity and improve on what is on the ground.
“We are nowhere in terms of quality, assessment, and review.”
Admitting that the government has the capacity, the resources, and the manpower to turn the fortune of the country around.