By Gami Tadanyigbe
Mr. Shehu Tijjani Abdullahi, The Chief Executive Officer of Amaltech Technologies, has called on President Bola Ahmed Tinubu to invest in semiconductor technology and chips poduction, to help foster economic growth and development in Nigeria.
Abdullahi, who made the call in an interview with the News Agency of Nigeria (NAN) in Abuja, said it is important to harness the potentials of semiconductor technology, adding that it will propel economic diversification and expand the country’s industrial horizons.
He said President Tinubu needs to prioritize investments in semiconductor technology and chips production to fuel economic diversification, especially given the country’s reliance on oil revenues.
According to him, the semiconductor technology stands as a cornerstone for modern economies, adding that prominent nations have huge investments in the technology.
“This will be a crucial stride towards achieving robust economic diversification, Investing in this domain could unlock substantial foreign exchange earnings through localized processing of raw materials and export of semiconductor products.
“This approach, in turn, has the potential to stimulate job creation, elevate local content development, and bolster a more resilient economic environment.
“By fostering an environment conducive to nurturing skills and innovation, Nigeria can strategically position itself as a formidable contender on the international semiconductor production stage,” he said.
The CEO who is also a first-class graduate of software engineering from Middlesex University, decried the untapped potential of Nigerian youths in propelling technological innovation and growth.
He further emphasized the necessity to enhance awareness and also educate the emerging generation about the array of opportunities embedded within semiconductor technology. (NAN) www.nannews.com.ng)