RegTech

Governor Sanwo Olu to Reiterates Commitment to Leverage Technology to Deliver Megacity Dream at Eko Innovation Centre Launch

Afolabi

The new Lagos state governor, Babatunde Sanwo-Olu has reinstated his commitment to leverage on the power of technology to deliver the megacity dream.

At the launch of Eko Innovation Centre, Sanwo Olu said that technology is the way to go. “Technology is the way of the future and it is the way the entire universe is going to and everybody is using technology to develop everything that we need.

“We believe that from here, things around the THEME concept that has to do with the environment, education, transportation and health innovations would be developed. People from here would give us innovative ideas to solve our transport problem, ideas with which they think locally but act globally.”

According to the founder, Victor Afolabi, Eko Innovation Centre was motivated by the need to create an enabling environment for young people to develop innovative solutions and create employment while leveraging on technology.

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He said that Lagos provides the perfect setting to launch the idea. “We saw in the Lagos manifesto an agenda to make the state the 21st-century economy. The only way to create a 21st-century economy is to make sure you are creating businesses and solution to problems that are driven by innovation and technology,” he added.

It will be noted that Nigeria recorded the highest growth of tech hubs in Africa, expanding by 40% in 2 years between 2016 and 2018.

Eko Innovation Centre is a private investment, to run independent, without any government funding.