Nigeria’s #tech truth
1/ There has been good news on #solutions developed in #Nigeria in the past, and many of these successes are Fintech-related. That is fine but why are there no local solutions in oil and gas? @GadgTecs

2/ Nigerian #Banks assets is 19.25% of #GDP, which compared to the world average of 64.48% is not commendable at all but it is where we have seen the most growth in local tech development. @basamta

3/ Now, #Agriculture contributes 40% of the country’s GDP and Nigeria's oil sector contributes about 9% but over 90% of Nigeria's export value for approximately $58 billion in 2018.

4/ That amount in part relates to #software-powered operations in #drilling, #pipeline distribution and other sundry services – none of which is developed or intellectually owned by Nigerians? Why is this so? @EmekaOkoye

We cannot be talking of #poverty, #unemployment and the likes when the cash cow of the #economy is completely excluded from the purview of Nigerians. We will continue to look and sound like jokers to the world when our own government has thus decreed this. @jidaw

We must change our #policies, and processes and watch #innovation bloom in that sector. That is what happened in banking and what must happen in the oil and gas sector and in #government structures. @EfronaMor

Open up these sectors to Nigerians and we will save a lot of needlessly-spent foreign exchange, thus strengthening the #Naira. It is not rocket #science or brain surgery. It is about being intentional and having an avowed purpose to #grow from inside to out. @ChifeDr