This year’s ICTEL EXPO 2019 will focus majorly on inspiring and providing aspiring entrepreneurs, tech start-ups and thousands of unemployed Nigerians with unique opportunities in line with the realities and implications of the fourth industrial revolution (Industry 4.0).
The President, Lagos Chamber of Commerce & Industry (LCCI), Babatunde Ruwase, disclosed this on Friday at the 2019 ICTEL EXPO media launch, held in Lagos on Friday, May 10, 2019 at Commerce House, Victoria Island.
The 2019 ICTEL EXPO is schedule to hold on July 16 & 17 at the Landmark Event Center, Victoria Island under the theme ‘Fourth Industrial Revolution: Implications for the Nigerian Economy.’
Ruwase noted that fourth industrial revolution is a topical issue Nigerians and Africans as a whole are not taking seriously, which may have far-reaching implications in the country and Africa in general.
According to him, “this year’s edition of the ICTEL EXPO will provide another great opportunity to influence national discourse on the culture of enterprise in Nigeria from an ICT positive perspective.
“We must celebrate our achievers! This EXPO will therefore provide the required inspiration which many small and medium enterprises (SMEs) need in their quest for improved performance.
“More importantly, the 2019 ICTEL EXPO is providing aspiring entrepreneurs, Tech start-ups and thousands of unemployed and under-employed Nigerians another unique opportunity for an enriching learning experience, capacity building, mentoring, connecting with investors and employers of labour and listening to life-changing accounts from different stakeholders.”
The LCCI President urged governments at all levels to rise up to the challenges of increasing technological revolution if our dream for a truly great nation can be realized.
He added that the country could achieve the realities and implications of the fourth industrial revolution, if our government would articulate the results of the conference into a policy document.
Earlier, the Vice President & Chairman, Trade Promotion Board, LCCI, Gabriel Idahosa, decried the slow pace of technological advancement in Nigeria and Africa, noting that we are at the risk of being left behind by the fourth industrial revolution if these challenges are not addressed.
He stated that Nigeria with its teeming youth population should brace up and take its position as the most populous country in Africa, if we want to be part of the fourth industrial revolution.
“It is no news that the developed countries are investing heavily in the fourth industrial revolution.
“Africa, indeed, Nigeria is far behind. Industrial experts have submitted that of all the regions worldwide, Africa is at a great risk of being left far behind by the fourth industrial revolution.
“Nigeria, with its position in Africa and the population of its youths, needs to brace up.
“Technology is reshaping our world in an unimaginable manner. We have seen massive use of Robots, Bio-technology, Artificial intelligence and related technologies.
“Their impact on people, business, workplace and government is felt in all aspects of daily life.
“As business people, and in fact, a leading chamber of commerce in Sub Sahara Africa, our goal is to prepare stakeholders in the Nigerian economy for the emerging realities of the impact of the fourth industrial revolution.
“This is to enable us to follow the trend and really benefit from it. We must avoid being caught unawares when the consequences of not following the trend are already here with us”, Idahosa added.
Chairman, Specialized Exhibition Committee, Trade Promotion Board, LCCI, Lere Kupoluyi, speaking at the event, said that fourth industrial revolution will change the way we do things and Nigeria should not pretend as if nothing is happening.
He noted that it’s high time we start playing significant role generally as a country and as business men and women in heralding this reality.
“The LCCI, as part of its mandate to foster an enabling environment for businesses, has identified technology-driven updates and innovations as critical success factors for entrepreneurship development and sustainable businesses.
“That is why for the past four years, the chamber has been providing a platform for the government, regulatory agencies and other stakeholders in the information communications technology and telecommunication industries to learn, interact and share experience, he added.
In her contribution, the Marketing/Conference Partner, and CEO, Compass Global Services Lt., Mrs. Tokunbo Chiedu, reiterated that previous industrial revolutions liberated humankind from animal power, made mass production possible and brought digital capabilities to billions of people.
The Fourth Industrial Revolution, she emphasised, is, however, fundamentally different due to it is characterized by a range of new technologies that are fusing the physical, digital and biological worlds, impacting all disciplines, economies and industries, and even challenging ideas about what it means to be human.
“The resulting shifts and disruptions mean that we live in a time of great promise and ICTEL will be another opportunity to discuss the trends and create opportunity for young Nigerians to be part of it”, she said.
(Cover Photo Caption):
L-r: Chairman, Trade Promotion Board, Gabriel Idahosa; Director General, LCCI, Muda Yusuf; Deputy President, LCCI, Knut Ulmoven; Marketing/Conference Partner, and CEO, Compass Global Services Lt., Mrs. Tokunbo Chiedu; President of LCCI, Babatunde Paul Ruwase; Chairman, ICTEL Planning Committee, Engr. Leye Kupoluyi; CEO, Connect Nigeria, Emeka Okafor and Executive Secretary, Association of Licensed Telecom Operators of Nigeria (ALTON), Gbolahan Awonuga