ICT: Federal Government To Come Up With Policies For Fintech Innovation - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
April 25, 2019
The Senior Special Assistant to the President on Information Communication Technology, ICT, Lanre Osibona, says Federal Government plans to enact policies that will encourage innovation and dynamism in the financial technology space.
Osibona made this known during the First Edition of the FINTECH Week 2019 held in Lagos, with the theme; “Exploring the huge opportunities”. He said that aside from enacting policies, digital infrastructure was also critical to the scaling of fintechs.
The Presidential aide said that enacting policies and building digital infrastructure would help the country towards becoming a digital economy.
Osibona noted that the recent Payment Service Bank framework would position Nigeria as the digital economy giant. He said that government would collaborate with the private sector in developing policies and regulations that would address the challenges of data sovereignty, data ownership and commercialisation of data.