Nigeria Wasted $2.5bn In 45 Years – Chams PLC Chair

15
NIMC-National-ID-card

|

 The Chairman of Chams Plc, Sir Demola Aladekomo, has said that due to the poor implementation of several failed national identity projects, Nigeria may have lost about $2.5 billion dollars in the last 45 years, Njenje Media News reports.

He made this known at a forum organized by the University of Lagos MBA 83-84 class titled; Socio-Economic Benefits of Shifting Paradigms.

At the event which was the first in a series moderated by Prof. Lere Baale, the chief executive of Business School Netherlands (BSN) in Nigeria, he painted even a grimmer picture, saying, “We may even waste another borrowed $400 million by end of 2021 with the non-clarity in the management of various ID projects in the country.”

According to LEADERSHIP, Aladekomo said with about 210 million Nigerians yet to be identified fully, he foresees increased chaos, anarchy, militancy, banditry, kidnapping, nepotism, secession calls, corruption, and blatant stealing.

“This will further be exacerbated in 2050 when our population is estimated to be about 400 million if not gotten right at this stage,” Aladekomo said.

For him, because the nation does not know and cannot manage its people without proper identity management, the country will be faced continuously by challenging socio-economic imperatives, especially in education, health sector, infrastructure development, security, rule of law, etc.

This he said was gravely exposed in 2020 during the COVID-19 pandemic.

He, however, called for a paradigm shift in three areas: prioritizing data and technology, multi-agency approach, and private sector involvement.

“Technologies have changed the landscape, the digital economy is the new play, we need databases at national, state, agencies, and sectoral levels. These data need to be domiciled in Nigeria while local technologies should be encouraged,” he said.

In his contribution, a software developer, Felix Adejimi, said while data is the fuel of the modern economy and digital transformation is the driver, Nigeria as a nation needs to take it seriously. He encouraged the government to focus more on providing an enabling and secure environment for private companies.

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here