Judul : EKSU Chancellor Aims for $1 Trillion Digital Economy by 2030 Through Stakeholder Partnerships
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EKSU Chancellor Aims for $1 Trillion Digital Economy by 2030 Through Stakeholder Partnerships
The head of the Ekiti State University (EKSU) and leader of the Tunji Olowolafe Foundation, Dr. Tunji Olowolafe, has urged stronger cooperation among government, business leaders, and educational institutions to speed up Nigeria's move toward a trillion-naira digital economy by 2030.
Giving the main speech at the opening session of the Digital Nigeria International Conference 2025, which took place at the Bola Ahmed Tinubu International Conference Centre in Abuja, Olowolafe highlighted that "digital transformation is not an end in itself, but the route to success."
The event, with the theme "Discover. Connect. Transform.," brought together decision-makers, pioneers, financiers, and tech executives to explore methods of utilizing digital technology to drive equitable development throughout Africa.
Olowolafe, who was present at the event through Olajide Aboderin, Director of GOMTECH ICT Centre, an effort by the Tunji Olowolafe Foundation, highlighted that the ICT industry, which accounted for more than 11% of Nigeria's GDP in Q2 2025, has demonstrated its capacity to fuel non-oil economic growth.
He called on both the public and private sectors to "bridge the implementation gap" by transforming strategic plans into real results.
Referencing President Bola Ahmed Tinubu, he emphasized that "data is our new gold," highlighting Nigeria's growing $47 billion digital economy, driven by more than 200 million mobile connections and nearly 50% internet usage.
He compared it to India's digital infrastructure framework, expected to contribute almost $1 trillion to India's GDP by 2030, and highlighted that Nigeria could achieve comparable outcomes by implementing integrated ID systems, e-government services, and broad broadband access.
Questioning the idea that Africa only imports foreign technology, Dr. Olowolafe highlighted the region's long history of creativity and invention.
“Our tribal marks were early biometric identifiers, and the talking drum was a form of analog communication that transmitted complex messages across distances. Innovation has always been our heritage,” he said.
He urged Nigerian creators to utilize this same creativity to develop technology "designed by African minds, tailored to African requirements."
Olowolafe commended the Federal Ministry of Communications, Innovation and Digital Economy, headed by Dr. Bosun Tijani, for its five-year plan aimed at educating three million technology experts by 2027 and increasing digital literacy to 95% by 2030.
He also praised organizations like the National Information Technology Development Agency (NITDA), the Nigerian Communications Commission (NCC), and the Nigeria Data Protection Commission (NDPC) for establishing the policy and regulatory framework essential to support digital expansion and maintain public confidence.
Under Dr. Vincent Olatunji, the NDPC now manages more than 33,000 licensed data controllers, enhancing Nigeria's digital rights and regulatory framework.
The Tunji Olowolafe Foundation has introduced a significant project, with Dr. Olowolafe revealing a blockchain-powered tokenized credentials trial designed to combat fake certificates in the education field.
"This initiative utilizes the unchangeable nature of blockchain to protect student records and maintain adherence to the Nigeria Data Protection Act (NDPA) 2023," he stated, referring to it as a blueprint for data accuracy and openness in academic verification.
He emphasized achievements in various fields including Health, Agriculture, Finance, and Education.
Regarding education, he pointed out that through organizations like MiVA University, EKSU, and the Gbemi Olowolafe Memorial ICT Centre (GOMTECH), Nigeria is developing digital skills and making information accessible across both rural and urban areas.
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