• Nigeria's vice president, Prof. Yemi Osinbajo will address a global gathering of technology players and lead Nigeria’s roadshow at the Silicon Valley, United States.

Nigeria's vice president, Prof. Yemi Osinbajo will address a global gathering of technology players and lead Nigeria’s roadshow at the Silicon Valley, United States, this week.

Laolu Akande, the Senior Special Assistant to the President on Media and Publicity, (Office of the Vice President), in a statement released on Sunday, July 8, 2018, said apart from the roadshow, Osinbajo will also be speaking to global industry leaders in information technology and entertainment at the Silicon Valley in San Francisco and Hollywood in Los Angeles, California, from Monday, July 9 to Wednesday, July 11, 2018.

The statement added that members of the recently inaugurated Advisory Group on Technology and Creativity – an integral part of the National Industrial Policy & Competitiveness Advisory Council will join the vice president on the investment roadshow – primarily to showcase the continued improvement in Nigeria’s business environment to entrepreneurs, investors and business leaders in both American cities.

Here is part of the Vice President’s itinerary

The Vice President will visit the Headquarters of some leading global technology companies.

He will have sessions with investors, fund managers and large US technology companies, as well as presentations by the Nigeria Investment Promotion Council (NIPC), the Bank of Industry (BOI), and the Enabling Business Environment Secretariat.

As part of the trip, some leading Nigerian startups will be making pitches about their ideas and products so as to promote investment by US companies in Nigeria’s technology and creativity sector.

What the trip means for Nigeria tech and entertainment hubs

The roadshow will showcase the overall improvements in Nigerian business environment especially technology and entertainment to entrepreneurs, investors and business leaders around the world.

According to the statement, Osinbajo's trip will focus on collaboration between Nigerian and US companies in the areas of technology and entertainment, including further cooperation between Nigeria’s film industry, Nollywood, and the US Hollywood in the areas of production, distribution and content protection.

The trip is also expected to attract Africans in the Diaspora to mentor and support start-ups in Nigeria.

Other aspects of the Vice President’s trip will be to showcase to the world the progress and strides in the country’s technology, innovation and creative space by Nigerian technology start-ups and entertainment industry practitioners.

“During the trip, the Vice President will emphasise on a number of the Buhari administration’s policies such as the Ease of Doing Business reforms, which have improved the country’s ranking in the World Bank’s Ease of Doing Business Index 2017,” the statement reads.

The Honourable Minister for Industry, Trade and Investment, Okey Enelamah; Special Adviser to the President on Economic Affairs, Adeyemi Dipeolu; senior government officials from the Nigeria Investment Promotion Council, Nigeria Export Promotion Council Ease of Doing Business Secretariat among others will accompany the vice president.

The Vice President is scheduled to return to the country on Thursday, July 12, 2018.

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