The Minister of Communication, Innovation, and Digital Economy, Dr. Bosun Tijani, said on Saturday the Federal Government approved a 50 percent tariff hike for telecommunication companies to sustain the industry.
Tijani, who spoke at the maiden Robotics and Artificial Intelligence Nigeria (RAIN) summit in Ibadan, Oyo State, added that the new tariff would allow telecommunication companies to invest in new infrastructure and improve connectivity.
He urged Nigerian youths to drive technological progress as the present administration provides the infrastructure.
Tijani said: “The biggest challenge for governments is individuals, as we invest in infrastructure to drive the progress of technology.
“We need individuals and we need innovators. We need entrepreneurs to actually build the technologies.”
He commended the founder of RAIN, Dr. Olusola Ayoola, for his efforts to develop Nigeria technologically.
“I think we are grateful that Nigeria has the privilege of a man like Ayoola who is putting Ibadan on the map.
“Governments cannot build the progress that we want to build. What governments will build is the foundation for that progress to happen,” the minister added.
He pointed out that the future of robotics and Artificial Intelligence (AI) in Nigeria had already been made known.
