• Tuesday, October 03, 2023
businessday logo


Nigeria Innovation Summit 2022 explores approaches to fixing economic issues

Nigeria Innovation Summit 2022 explores approaches to fixing economic issues

The Nigeria Innovation Summit (NIS) has announced its seventh edition of the annual event, where stakeholders across sectors of the economy will discuss and explore present innovative approaches to fixing problems, redundant economic playbooks, systems and structures.

Tony Ajah, the programme director commenting on this year’s edition of the summit said, “For the very first time, we’re extending the summit across a week because we believe the usual two-day event may not thoroughly reflect how innovation and digital technology are causing rapid acceleration across different sectors of the economy.

“It’s indicative that Nigeria and other emerging nations have recognised digital transformation, emerging technologies, research and development, commercialization, entrepreneurship and investments, as the key value drivers of an innovative ecosystem. It’s now time to embrace these value drivers and NIS will create the much-needed momentum to explore open innovation in Africa.”

Grace Akinosun, a partner at Nigeria Innovation Summit speaking at the event said, “Innovation remains a non-exhaustive topic globally. In today’s world, it has become a necessity rather than an option, for corporations, governments and emerging businesses to thrive and keep up with changing functional dynamics.

“Yet innovation itself may be more complex than given credit for. That’s why it’s important to keep igniting conversations to demystify important frameworks that have proven to work in environments similar to ours.”

Read also: Biden yields to Elumelu’s call: Plans robust US-Africa Leaders’ Summit

The event which is slated to be an all-week affair starting from Tuesday, October 4 to Saturday, October 8, 2022 will also explore ground-breaking ideas, trends, opportunities and numerous verticals to accelerate innovation and attain global competitiveness.

Since its inception, NIS has recorded thousands of participants, cutting across governments, industry leaders, founders, lawmakers, policymakers, C-Suites, foreign diplomats and key stakeholders, who grace the highly remarkable event annually, to steer pertinent conversations around innovation, research and development, emerging technologies, frontier markets and industrial disruptions occurring in Nigeria and other African countries.

This year’s summit is themed: “Re-imagining Innovation”, and will stretch through seven days as the Nigeria Innovation Week (NIW).

Highlights of NIW include the novel Nigeria Innovation Experience Talks (NiX Talks); Press Parley, Innovation Tours, Innovation Awards, the Grand Summit and Private Dinner with key C-Suites, stakeholders & policymakers.

Over the course of seven years, NIS has received participation, support, and partnership from both the private and public sectors such as the NCC, NITDA, ISPIM, Rack Centre, Israel Startup Network, Asoko Insights, ICT Spring Europe, IdentityPass, The Nest Technology Park, University of Lagos, Switzerland Embassy, South African High Commission, Oxford Business Group, and more.

Through previous editions, the Nigeria Innovation Summit NIS has attracted over 7,000 delegates, 140 speakers and panellists, 60 institutions and research centres, 27 government ministries, attendees from 30 states, over 55 sponsors and partners, 30 countries in attendance, over 70 award recipients and numerous media coverage.

These organisations play in key sectors ranging from Governance, Fintech, Information Technology, Retail, eCommerce, Banking & Finance, Agriculture, Healthcare, Logistics, Foreign Relations, Diaspora communities and Foreign Diplomats.