26 February 2013

Nigeria: New It Millionaires Will Dwarf Dangote, Otedola, Others - Expert

"New mobile software applications developers who will emerge in the next five years in Nigeria will dwarf the wealth of the richest like Aliko Dangote of Dangote Group, Peter Otedola of Forte Oil, and Jim Ovia of Visafone as these young smart millionaires take up the opportunities presented by the burgeoning mobile phone market."

These and many more were among the predictions by information technology evangelist, Tim Akano, chief executive of New Horizons Nigeria, the largest IT training institution in the country. Looking into the IT space for 2013, he said these young technology entrepreneurs who will be less than 25 years of age tasked the Ministry of Communications Technology to create the enabling platform to achieve this.

"After all, the founders of Facebook, Google, Twitter and Groupon were already far richer than any man in Africa before they celebrated their 21st birthday." Akano said the concept of virtual alien will be very critical for Nigerian youths as they tap into the opportunity to work for foreign companies and get paid in dollars without travelling abroad. Offices in the future will migrate virtual. More people will begin to work from home as against having physical offices.

The current vice-chairman of America based WiniGroup Inc, a foremost IT-security and business solutions firm, noted that virtual education is going to grow like wildfire and the National Universities Commission (NUC) in Nigeria should wake up and establish Virtual universities as it would save the nation over $1 bilion from capital flight.

Akano said, "There is a global wave of change across the education industry. The system today is too expensive and "wall-off" so many brilliant young minds because of space constraints and limited infrastructure in the traditional universities.

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