Home Sectors IT/TELECOM Stakeholders Urge FG to Revamp Economy with $500million Investment in ICT

Stakeholders Urge FG to Revamp Economy with $500million Investment in ICT

The federal government has been tasked to invest $500 million in the information and communication technology, ICT, to help revamp the economy and create jobs.
The Chairman of Zinox Group, Chief Leo-Stan Ekeh, gave the advice in Lagos at an interactive session with ICT correspondents.

Ekeh, who stressedthat the miracle to turn around the country’s economic lies within the ICT sector,  said,:“The country is about 75 per cent analogue. Tell me the commercial sector that does not need ICT? Most importantly, government must have a rethink.”

He stated that unemployment in the country “is a time-bomb waiting to explode, while tertiary institutions are releasing graduates in hundreds of thousands.”

Trying to profer a solution, he said:“We always have a platform, mostly in this 21stCentury where people can use their brain and create wealth.”

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