| Omobola Johnson, CommTech Minister |
The Federal Government has revealed plans to build
innovation centres in Lagos and Cross River State at the pilot stage before
rolling such to other states of the federation.
The innovation centres which would be software
incubation centres, Communications Technology Minister, Mrs. Omobola Johnson
noted is part of the ministry's project towards building a knowledge-based
economy.
A sum of N500 million from the $15 million Technology
Venture Capital Fund has been earmarked for the building of the software
incubation centres.
Johnson said the N500 million is from the Federal
Government in order to attract the remaining $12 million, about N2 billion from
participating investors.
According to her, the initiative would be run by a
non-profit organisation despite the fact that it’s government-inspired.
She also revealed that the software incubation
centre for Lagos would be delivered towards ending of 2012 or early 2013 and
that the one for Calabar would be ready by the end of the first quarter of
2013.
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