Lawmaker representing Ibadan Northwest/Southwest Federal Constituency at the National Assembly, Hon. Adedeji Stanley Olajide, has described the World Bank’s $500 million loan to Nigeria as a “game-changer” for the country’s digital economy.
Olajide, who is also the Chairman of the House Committee on ICT and Cyber Security, said the loan would help to accelerate the development of Nigeria’s digital economy and create jobs for millions of Nigerians.
“This is a major boost for our digital economy and it will help us to leapfrog into the 21st century,” Olajide said. “The loan will be used to support the development of digital infrastructure, skills training, and innovation in the country’s digital sector.”
He added that the loan would also help to bridge the digital divide between urban and rural areas of the country.
“This is a very important issue, as it will ensure that everyone in Nigeria has access to the benefits of the digital economy,” Olajide said.
He commended the Federal Government for securing the loan and urged them to ensure that it is used effectively.
“This is a great opportunity for Nigeria to become a digital leader in Africa. I urge the government to seize this opportunity and make the most of it,” Olajide said.
The statement quoted Olajide as saying: “I am particularly excited about the loan’s focus on digital infrastructure, skills training, and innovation. These are the key areas that need to be addressed if we are to truly transform our digital economy.”
He concluded by saying that the loan was a “historic moment” for Nigeria and that he was confident that it would help to make the country a global leader in the digital economy.
