Investing in technology key to economic growth – Osinbajo

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The vice president, Prof. Yemi Osinbajo, SAN, said investing in technology is key to economic growth.

According to the President’s Senior Special Assistant at the Vice President’s Media & Publicity Office, Laolu Akande, Nigeria’s second most powerful personality, made this revelation on Tuesday while receiving a delegation from the Odu’a Investment Company in the presidential villa, Abuja.

prof. Osinbajo praised the conglomerate’s legacy and the vision from which it emerged decades ago, but said, “Legacy and history have strong appeal, but it may be that what the future demands is even greater and that is why we need to invest in technology. ”

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He emphasized the need for technology-driven investment as a panacea for development.

He added: “If the private sector runs businesses, it’s much better because it will bring bigger dividends.”

He further cited the success of the Nigeria Liquefied Natural Gas Company (NLNG), saying that the private sector driven model has brought a lot of revenue to the country.