Speaking at the West Africa Convergence Conference (WACC) 2026 in Lagos, Nentawe Yilwatda, APC National Chairman, said the party’s long-term vision is to build a technology-driven economy capable of competing globally while creating jobs, attracting investment and improving public services.
Yilwatda said the APC’s technology blueprint for 2027–2031 would support the Federal Government’s ambition of building a $1 trillion economy by making digital infrastructure central to national development. The conference was themed “Leveraging Technology for Development in Nigeria, 2027–2031: Delivering the Renewed Hope Agenda.”
The APC has unveiled a five-point technology agenda targeting 90% broadband penetration, AI leadership and Africa’s largest digital economy by 2031. Image credit: Technology Times/Iretomiwa Balogun.
Yilwatda described information and communications technology (ICT) as one of the strongest drivers of Nigeria’s economy, noting that the sector currently contributes “about 18 to 19% of our GDP.” He said the government aims to deepen the sector’s impact by raising ICT’s contribution to 22% of GDP by 2027.
According to him, the future of Nigeria will be written through technology including the fiber networks, data centers and Nigeria’s innovation goals. He stated that the task of the party is to turn those potentials into commodities.
Yilwatda described information and communications technology (ICT) as one of the strongest drivers of Nigeria’s economy, noting that the sector currently contributes “about 18 to 19% of our GDP.” He said the government aims to deepen the sector’s impact by raising ICT’s contribution to 22% of GDP by 2027.
Highlighting the country’s growing appeal to global investors, he pointed to international recognition of Lagos’ startup ecosystem, saying the city “was picked as the fastest growing tech ecosystem globally.” According to him, the recognition reflects Nigeria’s growing reputation as a destination for innovation and venture capital and reinforces the country’s potential to become Africa’s leading technology hub.
APC on building Africa’s largest digital economy
The first pillar of the APC’s digital vision focuses on expanding broadband infrastructure to accelerate digital inclusion and economic growth. According to Yilwatda, the party plans to achieve 90% broadband penetration through a US$2 billion fibre infrastructure programme while expanding universal digital access across the country.
“We want to achieve 90% broadband penetration. We are also deploying a US$2 billion fiber infrastructure. And we are also working on universal data access” he said.
He added that the expansion of digital infrastructure would improve public services, accelerate economic growth and create millions of jobs.
Artificial intelligence forms the second pillar of the party’s digital roadmap. Yilwatda said the APC plans to invest in AI infrastructure, cloud computing, high-performance computing, research centres and startup development to position Nigeria as a producer not merely a consumer of AI technologies.
The initiative also includes strengthening AI centres of excellence in universities and encouraging AI adoption across public and private sectors as Nigerian universities are already establishing AI centres of excellence through public funding and specialised training programmes.
Recognising Nigeria’s growing influence in digital payments, the APC chairman said it intends to consolidate the country’s position as Africa’s fintech leader.
The roadmap includes expanding financial inclusion, encouraging regulatory innovation, developing cross-border payment systems and increasing venture capital investment in financial technology companies.
“We improve on regulatory innovation, expand financial inclusion, develop a cross-border payment system and enable venture capital investment” Yilwatda said.
He noted that stronger payment infrastructure would support businesses operating across African markets under the African Continental Free Trade Area (AfCFTA).
The first pillar of the APC’s digital vision focuses on expanding broadband infrastructure to accelerate digital inclusion and economic growth. According to Yilwatda, the party plans to achieve 90% broadband penetration through a US$2 billion fibre infrastructure programme while expanding universal digital access across the country.
The APC has unveiled a five-point technology agenda targeting 90% broadband penetration, AI leadership and Africa’s largest digital economy by 2031. Image credit: X
“My dream is one, I want to see the world look at Nigeria and see Africa’s digital powerhouse. Africa’s innovation capital. Africa’s fintech leader. Africa’s largest digital economy. And one of the world’s most exciting technology nations” he said.
Expanding digital public infrastructure
A major pillar centres on strengthening Nigeria’s digital public infrastructure through identity management, digital payments and electronic government services. Yilwatda described digital identity as the foundation for economic governance, saying accurate identification of citizens and businesses is essential to delivering efficient government services.
“You cannot build a one trillion dollar economy without being able to identify your citizens, identify businesses, identify assets and also economic activities accurately” he said.
He added that integrating digital identity with payment systems and public services would improve transparency, service delivery and economic participation. He urged digital payment providers should play a larger role in government programmes and financial inclusion.
The APC chairman also called for stronger cross-border payment infrastructure to support trade under the African Continental Free Trade Area (AfCFTA).
The fifth pillar seeks to position Nigeria as West Africa’s digital integration leader by harmonising digital regulations, payment systems and data frameworks across the ECOWAS region.
Yilwatda stated that stronger digital integration would make cross-border trade more efficient while enabling Nigerian fintech companies and technology firms to expand across the region.
“We must take advantage of ECOWAS, come with data frameworks that can allow for data integration across the West African nations” he said.
Digital infrastructure as a national asset
Beyond the five ambitions, Yilwatda called for digital infrastructure including fibre networks, data centres and cloud infrastructure to be recognised as critical national infrastructure alongside roads, railways, airports and power projects.
He argued that existing financing institutions should expand their mandates to support investments in digital infrastructure, saying Nigeria’s future competitiveness would depend on sustained investments in technology, criticising the country’s traditional infrastructure priorities, saying broadband networks, data centres and connectivity should receive the same attention as roads and airports.
Beyond the five ambitions, Yilwatda called for digital infrastructure including fibre networks, data centres and cloud infrastructure to be recognised as critical national infrastructure alongside roads, railways, airports and power projects.
Mr Segun Oruame, founder of West Africa Convergence Conference (WACC). Image credit: WACC website.
“The nations compete through fiber optic network, through data centers, through cloud computing infrastructure, through artificial intelligence capabilities” Yilwatda outlined.
He therefore called for amendments to existing laws to allow government-backed financing for digital infrastructure projects.
“My dream is one, I want to see the world look at Nigeria and see Africa’s digital powerhouse. Africa’s innovation capital. Africa’s fintech leader. Africa’s largest digital economy. And one of the world’s most exciting technology nations” he said.
The West Africa Convergence Conference (WACC) is a leading annual technology policy forum that has, for over two decades, convening government officials, regulators, technology companies, investors and industry leaders to shape conversations on digital transformation, innovation and the growth of Nigeria’s digital economy.
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By Martha Agas The Gemstone Miners and Marketers Association of Nigeria (GMAN) has urged the Federal Government to simplify export procedures, tackle smuggling and promote local processing to unlock Nigeria’s $3 billion gemstone export potential.
GMAN President, Adeniran Ajibade, made the call in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.
He spoke on the sidelines of the 11th Nigeria Mining Week, where stakeholders examined strategies for developing Nigeria’s gemstone value chains.
Ajibade said Nigeria possessed diverse, high-quality gemstones distributed across the country, with production largely dominated by artisanal and small-scale miners.
He said the sector could generate about $3 billion in trade, boost foreign exchange earnings and create employment opportunities for young Nigerians.
Ajibade noted that GMAN conducted a baseline study covering gemstone resources in northern and southern Nigeria, which confirmed their widespread distribution.
“It generates hard currency, so it will boost our foreign exchange earnings, and, of course, much of it may not be reflected because there is some very high level of smuggling,” he said.
Ajibade said Nigerian gemstones had gained recognition in international markets, including Tucson, Bangkok, Hong Kong, Israel and India, despite limited mechanisation and value addition.
He, however, said widespread smuggling made it difficult to determine the sector’s actual contribution to the economy.
The GMAN president called for government support for feasibility studies, local processing and branding to improve the quality, value and international competitiveness of Nigerian gemstones.
“Once we add value to it and we do the branding, definitely we can achieve great results for the nation,” he said.
Ajibade said the association was ready to collaborate with government and private investors to develop the sector and attract international gemstone and jewellery brands.
He said GMAN was collaborating with the Thailand Gem and Jewelry Traders Association and stakeholders from Brazil, India and Sri Lanka to exchange knowledge and expand market access.
He urged the government to involve industry operators in formulating export regulations, noting that miners and dealers understood the practical challenges facing the sector.
Ajibade said legitimate international buyers should be able to purchase Nigerian gemstones, repatriate their funds and export the stones through simple, transparent and efficient procedures.
He also called for the full activation of the International Gemstone Centre built by the Federal Government in Ibadan to serve as a hub for miners, dealers, investors and buyers.
Similarly, Prof. Akinade Olatunji, immediate past President of the Nigerian Mining and Geosciences Society, advocated local processing to increase the economic benefits Nigeria derived from its gemstone resources.
Olatunji, a professor of Applied Geochemistry, said Nigeria had historically produced some of the world’s finest gemstones, particularly in Plateau and Nasarawa states.
He decried inadequate industry records, which he said had limited knowledge of the sector’s actual contribution to the national economy.
“Unfortunately, we don’t keep records. Now, if you look at the places where they have mined in this country, either in Oyo, Nasarawa, Plateau, or Kaduna states, we produced some of the best,” he said.
Olatunji urged Nigeria to strengthen domestic processing capacity instead of exporting rough gemstones to countries such as Thailand for cutting and polishing.
He said developing the local value chain would retain more economic benefits within Nigeria while creating employment opportunities for young people.
The professor also urged geology and mining engineering graduates to acquire practical field experience and pursue careers in the sector to support its sustainable development.
NAN reports that stakeholders made the recommendations during a panel session titled “Developing Nigeria’s Gemstone Value Chains” at the mining week.
They called for increased local processing, skills development and effective branding to strengthen the industry and create more jobs for Nigerians. (NAN)