Osinbajo Unveils Tech Hub, Says Nigeria Future In Technology

Vice President of Nigeria, Yemi Osinbajo

Vice President Yemi Osinbajo a large tech hub In Lagos on Friday, which he said could Propel Nigeria’s technology growth and export of innovations.

According to NAN, Vibranium Valley, the new company have the capacity to house 80 tech companies, although presently housing only 30.

Venture Garden Group (VGG),  the owner of Vibranium Valley, is housed on the grounds of the then renowned Concord Printing Press of Nigeria owned by the Late MKO Abiola.

Speaking on the topic, “The Role of Technology and Entrepreneurship in Nation-Building”, the Vice president said, “We are here today to commission the Vibranium Valley.

“We are told that Vibranium Valley houses 30 tech companies and has the capacity to house 50 more companies and about the largest tech campus in Sub-Sahara African.

“Two gentlemen started these technological companies from a startup company to 60 million dollar-companies.

“Through their investment, they have created a system of world-class technology; these companies provide technological solutions to most of the problems confronting us today.”

Osinbajo disclosed that it was not by accident, but design that the future of Nigeria would not be on oil or solid minerals.

“It is about technology, it is about innovations, and tech innovation is all about highly skilled people, entrepreneurship spirit and a supporting ecosystem of government, investors, mentors and global collaboration.

“In the past, Nigeria billionaires were traders, oil and gas moguls; in the next few years, billionaires from Nigeria will be techies,” he said.

Mr Bunmi Akinyemiju, the Chief Executive Officer of Venture Garden Group, said that VGG desired that Vibranium Valley would stimulate collaboration with policy makers and other stakeholders.

He called for a technology ecosystem in Nigeria for solutions to toughest national problems using technology.