The Minister of Science and Technology, Dr. Ogbonnaya Onu said the Federal Government is working hard for Nigeria and by extension Nigerians to be actively involved in all areas of technology and innovation development.
He stated this when the management of Serve Lead Global, led by its chief executive, Mr. Oyewole Joledo paid a courtesy visit to his office today (August 16), in Abuja.
Block-chain technology is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.
Onu said Nigeria needed to grow its private sector as it is the key to helping the nation solve its problems, adding “it is when our private sector is strong that we can now be in a position to offer employment opportunity to all Nigerians who want to work”.
He further stated that ‘Serve Lead Global management’ was “working in this area, which has tremendous potential in terms of job and wealth creation.”
Onu said President Buhari’s promise of lifting over 100 million Nigerians out of poverty would be realized through block chain technology.
He stated that the FMSTI was paving the way for the private sector and individuals who are technologically inclined to come together to make sure that this block chain technology was realized.
Onu contended that the introduction of the technology in Nigeria would help data protection and accuracy, especially in election results, government’s finance and other sensitive data.
The minister also tasked parents to help their children develop skills that would enable them reach their desired dreams in technology acquisition and assured that FMSTI would support any child or youth to achieve their technological breakthrough in technology acquisition and innovation.
Earlier, the chief executive officer of the Lead Global management told the minister that led technology was set to facilitate trackable transaction and would want to know how to apply this technology and educate people about it.
He further said they were planning to open educational hub for youths in Abuja and would want the ministry to partner with them so as to be in a position to create employment for youths.