1 May 2016
The Vice President, Prof. Yemi Osinbajo stated on Saturday that the Federal Government will be launching an Innovation Fund geared toward creation of opportunities for Nigerian Youths to have access to funds for entrepreneurship and innovation.
The Senior Special Assistant – Media and Publicity quoted the Vice President to have said the following, in a speech he gave at The Platform, a public forum organized by Pastor Poju Oyemade’s Covenant Christian Centre. He urged that Nigerian youths support the change mantra of the President Buhari administration. Osinbajo said “we must not blink, no shaking until we turn this country around.”
– Bursary award to 100,000 STEM undergraduates developing their interest in programming, robotic and animation technology, in addition to deploying technology in the training of the 500,000 teachers that are expected to be employed under the social investment of government this year.
– Establishment of technology innovation hubs across the country; 2 super hubs (in Lagos and Abuja) and 6 regional hubs in the six geo-political zones in partnership with some major technology companies.
– 65,000 young Nigerians to be trained in hardware and software services and in animation.
– To create a reservoir in technology capacity that can be exported annually abroad like the case of India.
– On June 23, 2016, Federal Government would launch a Presidential Technology Innovation Initiative targeted at 50 Nigerians engaged in innovative start-ups to be mentored by major technology innovation companies.
The Vice President speaking further about innovation and technology, said that it is critical for the growth of the country. He explained that “the key to change and our future prosperity lies in innovation and is critical to our development”.
Osinbajo reaffirmed the plan of the present administration to bring about accountability and transparency in government.
“It’s a new day in Aso Rock. Nearly a year on – there are many problems and many have asked where is the change? Is this the change we voted for? Even some fifth columnists in our midst have suggested bring back corruption.
“The government of President Muhammadu Buhari is completely and irrevocably committed to change.
“We believe that though it may not be easy, though the early signs may be confusing and sometimes discouraging, there has never been a better opportunity than now to turn the country in the direction of success.
“Today we have the best opportunity in decades for profound change. It is an opportunity in a generation. A revolution whose time has come.
“Everything around us tells us that the moment is now! Can this change happen? Yes it can! Yes it must! What do you have in your hands to make it happen?
“We have a country that is tired of corruption, tired of leadership without values, tired of an economy that is neither designed to accommodate enterprise, nor to create opportunity and wealth for the majority.”