Private Sector, Key To Problem Solving -Minister

Minister of Science,Technology and Innovation, Dr Ogbonnaya Onu, has expressed the need for Nigeria to grow its private sector, which is key to helping the nation solve some of its problems.
Onu said this when Mr Oyewole Joledo, Chief Executive and management team of Serve Lead Global Management, visited him at his office on Monday in Abuja.
“It is when our private sector is strong that we can now be in a position to offer employment opportunity to Nigerians who want to work,” he said.
The minister, therefore, stressed the need for Nigerians to be actively involved in all areas of technology and Innovation development.
“Accordingly, Block-chain technology is said to be a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network,” the Minister added.
Onu remarked that President Muhammadu Buhari’s promise of lifting over 100 million Nigerians out of poverty would be realised through block-chain technology.
Onu stated that his ministry had paved way for the private sector and individuals who were technologically inclined to come together and make sure that the block-chain technology was realised.
According to him, the introduction of this technology in Nigeria will help in data protection and accuracy, especially in election results, government finance and other sensitive data.
The Minister tasked parents to help their children develop skills that would enable them to reach their desired dreams in technology acquisition.
He assured that his ministry shall support any child or youth to achieve their technological breakthrough in technology acquisition and innovation.
Earlier, the Chief Executive Officer of Lead Global Management told the Minister that Lead technology was set to facilitate trackable transaction.
He said that the team wanted to be appropriately guarded on how to apply the technology and educate people about it.
He further said that the organisation was planning to open an educational hub for youths in Abuja.
In this regard, the organisation requested the ministry to partner it so as to be in a position to create employment for the youth.