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Trade, digital economy ministries partner to drive tech growth

The Minister of Industry, Trade and Investment (FMITI) Dr Jumoke Oduwole and her counterpart in Ministry of Communications, Innovation and Digital Economy, Dr Bosun Tijani have revealed that it is harnessing areas of collaboration towards economic growth and technological advancements.

Dr Adebayo Thomas, FMITI’s Director, Press and Public Relations disclosed this in a statement signed on Thursday.

Realising the importance of digital innovation to modern trade and investment, Oduwole itemised the areas of potential collaborations to include national e- commerce policy and strategy ( NEPS 2023- 2027),national talent export programme, (NATEP), leadership in AFCFTA, technology export and digital trade desk, driving service export growth and diversification among others.

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Oduwole said: “International trade and investment is a big agenda for us ,we are scaling up where we can be globally competitive”.

“We are scaling up digital infrastructure in both public and private sectors, we are growing support for start ups”.

Dr Oduwole said that Nigeria has positioned herself as the champion in trade especially in the African region.

She said: “Trading in Africa is a must for us and so we must advance digital trade in Africa.”

On his part, Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani said that the entire focus of the present administration of Bola Ahmed Tinubu is to drive prosperity through technology.

“Modern day technology is a key enabler for any economy, if you increase investment in technology by 10%, it can produce 25% increase in GDP. We are targeting billion-dollar investments into the country, so this is where trade and investment is important to our Ministry.”

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