Osinbajo, Alibaba chief discuss Nigeria’s digital economy’s prospects

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Vice-President Yemi Osinbajo on Thursday hosted a delegation of Chinese entrepreneurs, led by billionaire businessman and co-founder of Alibaba Group

Alibaba Group Holding Limited is a Chinese multinational company with investments in e-commerce, retail, Internet and technology.

Osinbajo said the Alibaba group had achieved a lot in broadening the scope of business and activities for people everywhere.“It is a great achievement. I think it is something we will like to learn from and benefit from, especially as we open up government businesses and transactions and make them more efficient for the use of our people.

“I hope it will create an opportunity to start investigating business opportunities in Nigeria and I really hope that we will be able to do something and create some opportunities here,” he said. “They also have equipment which enables them to train as extension workers for farm; we train them to teach also using the open portal; and it has proved to tremendously successful.”

“I think that the government can benefit from the efficiency that digital economy provides,” he said.He said the first ‘e’ was e-infrastructure; to support internet connection to all parts of Africa as it hoped that every young people, every small business should have a mobile phone to run their businesses anywhere, anytime.

 

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