Nigeria’s Vice President Yemi Osinbajo warns that the nation’s reliance on oil as a means of sustenance will soon be over with the development of technology. Osinbajo spoke today at the E-Nigeria summit, organised by the National Information Technology Development Agency (NITDA) with the theme “leveraging i.T. Innovation for economic diversification”.

His speech reads:

 It is my pleasure to be with you today at this 9th edition of the e-Nigeria summit. I don’t think there is any subject of greater importance in Nigeria today than the theme of this summit which is Leveraging IT Innovation for Economic Diversification. The Director General of NITDA, Mr Musa Ali Ibrahim and his team truly deserved to be commended for this excellent and innovative idea. Their choice of subject and task that they’ve set for themselves are entirely spot on.

Every once in several centuries comes an innovation that completely redefines every aspect of human life and experience. The printing press for example is described as the turning point at which knowledge began freely replicating, and quickly assumed a life of its own. The invention of the telegraph was so revolutionary that a notable commentator said that before it “information was moving only as quickly as a man on a horseback.”

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