Thursday, July 26, 2018

President Buhari is Doing More for the Technological Development of Nigeria

From Silicon Valley to Crypto Valley, those who know me call me a startup evangelist and they know I am the number one Nigerian blogging about blockchain technologies and Cryptocurrency. Thousands know I have two high tech apps in startups incubators since 2006 to date. My iPost Nigeria mobile video app was the only Nigerian tech innovation shortlisted for the 2014 Fund for Internet Research and Development FIRE Africa Awards and also developing my high tech urban taxi service app. Therefore, I am well informed to say that the dynamic government of President Buhari has done for the technological development of Nigeria what previous presidents failed to do.

°In Q1 and Q2 2018 alone, Nigerian startups have raised $82.9 million in funding and $72.5 million — about 87% — of this total sum is from foreign investors including Silicon Valley.

The  Nigerian digital economy is projected to generate US$88billion and create up to three million jobs in the next three years.

Report available by special request.

The problem with majority of the intellectually challenged youths and the political enemies of our progress from Abia to Abuja is as the great Rev. Martin Luther King Jr said:
"There is nothing more dangerous than sincere ignorance and conscientious stupidity."

°In 2016, Andela raised $24 million in series B funding from the Chan Zuckerberg Initiative to expand its African presence.

°In October 2017, Nigeria moved 24 places from 169 to 145 up the Global Ease of Doing Business Index.

°Recently Nigeria was the talk of the town from Mountain View to Silicon Valley as Vice President Yemi Osinbajo led a delegation of the presidential Advisory Group On Technology and Creativity on Braun storming sessions with the leadership of Google, LinkedIn and others.

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