LBS alumni charges govt on digital economy

Fast and reliable digital infrastructure is needed to build a sustainable digitally-driven economy that will enhance global trade and facilitate long-term investment in the country, experts at the 2021 edition of the annual Lagos Business School Alumni Day have said.

Speaking on the theme, “Unlocking the potentials of the Nigerian digital economy for economic recovery”, former Minister of Communication and Senior Partner, TLcom Capital LLP, Dr. Omobola Johnson,  said “in spite of having a comprehensive policy to drive the digital economy, we need to bank on improved infrastructure, digital literacy skills among others to build the Nigeria of our dreams.”

According to her, “Nigeria needs to build up talents to facilitate the move into the fourth estate revolution of the economy adding, “We must begin to seek the business/financial models and combinations that will deliver fast, reliable, and ubiquitous digital infrastructure in the shortest possible time and  how we can execute on them.”

She added: “The National Digital Economy Policy and Strategy, the World Bank and the Nigerian government has a detailed document that elucidates how Nigeria could become a digital economy noting that there was some overlap across the schools of thought of the World Bank, the Nigerian Government and Omobola Johnson.” (Vanguard)

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