Right now in Nigeria, everybody eye dey red.
The current energy situation, with frequent blackouts, rising diesel prices, and scarce petrol, is utterly lamentable and arguably distracts us from more significant problems like persistently high inflation and unprecedented levels of unemployment.
Amid all of this, there is hope. A silver lining. Green shoots of promise. You may recognise Nigeria’s most likely saviour if you look close enough.
Technology.
Key takeaways:
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Nigeria’s real economy and digital economy are rapidly diverging, and the fate of the real economy increasingly depends on the success of the digital economy.
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Whilst investment in Nigerian tech is way ahead of other parts of the continent, investment in the real economy is declining.
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The technology sector is already a key engine of job creation in Nigeria, even at its early stages.
It’s easy to roll your eyes at tech bros with messiah complexes shouting into the wind,
