NIBSS hosts IT developers, harps on applications for local environment

The Nigerian Inter-Bank Settlement System (NIBSS) and stakeholders have organised a forum tagged “Developer Hangout”, scripted to focus on technology developers with interest in building applications for e-commerce and businesses.

The event with the theme: “The New Wave”, focuses on the key payment industry players, application developers and technology enthusiast with passion for building applications for sustainable growth.

The Managing Director/Chief Executive Officer, NIBSS, Ade Shonubi, while speaking with journalists in Lagos, disclosed that the forum was aimed at promoting collaboration and innovation that would accelerate the growth of the Nigerian financial space.

“We feel that there is a big market and a big opportunity for local developers to have applications that are made for the environment. We discovered that there are lots of applications that are doing well, but they do not have the basic needs. This is to encouraged them and let them know how they can take advantage of these applications and get paid for their efforts.

“We have a dream that very soon anybody anywhere with a good imagination can provide a service to any groups that want it and get paid for their efforts. If you have a good idea, but you can’t develop them or you can developed them but you can’t distribute them, unfortunately there is nothing we can do on the distributions, but there is a lot we can do on helping you get your efforts monetized. That’s what NIBSS can do,” he said.

According to him, in 2001 when MTN and others were given a mobile license, we all thought the benefits will be for them alone, but when we look around, we can now see that there are lots of benefits.

He noted that banks have grown out of it, street hawkers have grown out of it and mobile phone sellers have also grown their businesses, with tremendous impact to the economic well-being of all.