FG to promote regulations, policy framework on tech entrepreneurship ecosystem – Minister

Mrs Aisha Abubakar, Minister of State Federal Ministry of Industry Trade and Investment, says the Federal Government will continue to promote regulations and policy framework on tech entrepreneurship ecosystem.

The minister, who said this on Thursday in Abuja at the launch of the ecosystem research paper, noted that the research will provide policymakers with the tools to manage and leverage on digital disruption.

Abubakar, who was represented by Mr Adewale Bakare, Director Industrial Development Department said, “we see the creativity and ingenuity of our Micro, Small and Medium Enterprises (MSMEs) and the enabling environment will make them thrive.

Also, Mrs Titi Akinsanmi, Google Policy and Government Relations Lead and the experts says Nigerians have the potential to develop the tech entrepreneurship ecosystem but the framework and enabling environment is lacking.

Mr Mimshach Obioha, Programme Director Ventures Platform Foundation, said that the Nigerian tech ecosystem was still at its infancy and required huge support from all stakeholders.

Mr Bankole Oloruntoba, Managing Director Enspire Hub, said that ICT hubs should ensure they actively build on their capacity and programmes.

Mr Segun Araroini, a Partner of Value Minds, said ICT hubs could synergise by creating a virtual networking platform to develop the ecosystem.

Also, Mr Dikko Radda, Director-General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), said that the world was being technologically driven, saying that the government needed to do more to launch Nigeria in the ICT global space.

On his part, the Executive Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, represented by Mr Henry Nkemadu, Director Policy Competition and Economic Analysis said that poor infrastructure was the bane to the success of technology entrepreneurs.