What this year’s Nigeria Innovation Summit mean for the country’s economy

Organizer of the annual Nigeria Innovation Summit has said this year’s edition will promote the need for businesses, organizations, entrepreneurs and government in Nigeria to become more innovative and use innovation to drive sustainable economic development.

The theme of the summit scheduled to hold on August 20-21,2019 at Sheraton Hotels, Ikeja Lagos: Accelerating Nigeria’s Economic Growth Through Innovation.

The summit in its 4^th edition will help Nigeria embrace innovation and move in the direction of digital transformation through the use of Emerging Technologies and Trends, Research, Development, Commercialization, Entrepreneurship and Investments.

Each year the summit provides a platform that fosters collaborations among Government Agencies, businesses, International organizations, innovators, researchers, Academic community and startups.

While announcing this year’s summit, Mr.Kenneth Omeruo,CEO, Emerging Media-the organisers of the summit states “This is the time for Nigeria with her youthful population, to leverage new technologies like Artificial Intelligence, Virtual Reality, Blockchain, Internet of Things, Robotics, Data sciences etc and apply them in sectors like Health, Agriculture, Financial services, Education, Renewable Energy and Clean-techs to solve problems around us. These opportunities are already creating new businesses who are becoming a major source of foreign investments into Nigeria and that is a major way of accelerating Nigerians economic growth. This is our motivation each year to host this summit”

He further explains that small businesses and startups hold the key to a sustainable economic growth for the country as in 2018 according to Partech Africa report Nigerian startups attracted US$ 306 Million in funding over 26 deals,  and encourages the government to provide more support and create the enabling environment for Nigerian businesses and innovations to thrive.

Mr Tony Ajah, Program Coordinator for Nigeria Innovation Summit 2019 states” Each year we bring in experts from around the world in several innovation ecosystems to Nigeria to share these global opportunities and network with participants are the summit.

This year’s summit will feature keynote presentations, panel discussions, workshops, exhibitions focusing on Healthtech, Agritech, Renewable energy and CleanTech, FinTech,Edutech,Techtainment, Emerging Technologies, Research, collaborations, Women Entrepreneurship, Youths, Technology and Entrepreneurship Development in Nigeria”

The 2019 Nigeria Innovation Summit offers great opportunity through sponsorship, partnership, exhibitions of innovative products, ideas, applications and services. The organisers therefore call for participation from government agencies,international organisations, academics, business leaders, companies, organisations,Smes, CEOs, entrepreneurs, decision makers, innovators.