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Osinbajo sees Fourth Industrial Revolution potential in Nigeria

By Kehinde Olatunji
26 August 2020   |   3:41 am
The Vice President, Prof. Yemi Osinbajo, has emphasised the need for Nigeria, and by extension Africa, to be a producer and not just a consumer of technology products to harness the opportunities the Fourth Industrial Revolution (4IR) presents.

4IR SOURCE: Medium

The Vice President, Prof. Yemi Osinbajo, has emphasised the need for Nigeria, and by extension Africa, to be a producer and not just a consumer of technology products to harness the opportunities the Fourth Industrial Revolution (4IR) presents.
 
The Vice President, who noted that this would place the country on the path of growth and development, called on the private sector and academia to work with the government to maximize the opportunities.
 
Osinbajo, spoke through his Special Assistant on Innovation, Ife Adebayo, on the theme: “Unlocking the benefits of the 4th Industrial revolution,” at the launch of DigiConverge, a one-stop digital convergence platform that provides fit-for-purpose services in e-broadcasting and global content syndication.

 
He stressed the need to create opportunities, and develop policies to protect intellectual property, and ensure adequate funding sources for research and innovation for continuous product improvement.
  
Osinbajo described the newly-launched Digiconverge as an example of Africa being a producer and not just a consumer of technology products, adding that the government would continue to support initiatives that place Nigeria on the path of growth.
 
“The dedication of groups like the team at Digiconverge reinforces my belief. I implore us all – government, private sector, and academia, to work together to maximize these opportunities,” he said.
  
Founder and CEO of DigiConverge, Celestine Achi, said DigiConverge is an indigenous all-in-one digital convergence platform that provides fit-for-all purpose services in e-broadcasting, global content syndication, media intelligence, and virtual business support.
  
According to Achi, DigiConverge offers a wide range of services that ensure business sustainability through cutting edge technology, and enables owners of creative work to earn 100 per cent of their royalties, as they have unfettered access to the backend of the portal, which enables them monitor all transactions real time.

“DigiGbedu- a music streaming platform on over 200 global platforms including amazon, Spotify, deezer and more, ensures owners of creative work earn 100 per cent of their royalties,” he stated.
    
President/CEO of the Viva Entertainment Group Inc. (US), Johnny Falcones, speaking on the exclusive partnership with DigiConverge on the FlikonTV platform, said Africa is going to be one of the leading markets in technology, as it keeps innovating and pushing forward.

   
He added that the partnership with DigiConverge would bring great innovations, collaborations, and ensure quality content and monetization process.
  
On his part, the Executive Secretary, Nigerian Prize for Leadership, Dr. Ike Nelaku, called on the government to create an enabling environment in terms of policy and leadership for the people to unleash their creative energy.
 
“Put Nigeria firmly on the global digital map. Some people are already talking about the 5th industrial revolution, which is a convergence of man and machine,” he said, referring to the DigiConverge as a solution that will impact the Africa content delivery space in diverse ways.

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