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    Home»News»NITDA DG makes case for market-driven innovation to drive economic development
    News 2 Mins Read

    NITDA DG makes case for market-driven innovation to drive economic development

    mmBy ITPulseSeptember 8, 2021
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    Mallam Kashifu Inuwa Abdullahi
    Director General of NITDA, Mallam Kashifu Inuwa Abdullahi during the online inauguration of the advisory committee
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    The Director-General of the National Information Technology Development Agency, Mal. Kashifu Inuwa has made a case for a market-driven innovation in Nigeria, saying for the country to be a prosperous nation, a paradigm innovation is needed for economic prosperity and development rather than focusing on the visible signs of poverty.

    Mal. Inuwa presented this case when he declared open a 5-day capacity building programme on market-creating Innovation and Advisory Services for civil servants and other Information Technology stakeholders today in Abuja yesterday.

    While expressing his enthusiasm at the theme of the programme, Mal. Inuwa stated that developing market creation strategies theoretically and executing them is essential in creating prosperity for the nation.

    “The Government has been investing hugely in the development of the country and the ecosystem needs to spontaneously react to it by investing also in market-driven innovations,” he noted.

    He said despite the trillions of dollars worth of resources that have been invested into alleviating poverty, it has not resulted in widespread prosperity. He further stated that influences such as blockchain technology and emerging technologies can be deployed in creating effective market innovations.

    The Director-General quoted Clayton Chrisensen of the Technology and Operations Management Unit in Harvard University as saying ‘theory is different from practical but the use of theoretical insights can be used in practicing whatever people want to do’.

    He then urged participants to open their minds to the contents of the programme and assured them of getting knowledge beyond their expectations which can be applied to developing innovative market strategies that can make Nigeria great again.

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