Mr. Kashifu Inuwa, Director-General of the National Information Technology Development Agency (NITDA) on Tuesday recommended the adoption of market creating innovation for economic prosperity and development.

Inuwa made the recommendation while declaring open a 5-day capacity building programme on: “Market-Creating Innovation and Advisory Services”, for public servants and other IT stakeholders in Abuja.

He said that developing market creation strategies theoretically and executing them was essential in creating prosperity for the nation.

The D-G further explained that innovations would attract a high market value that will have enormous impact on the economy of the country to meet the expectations of the government.

He said “The government has been investing hugely in the development of the country and the ecosystem needs to spontaneously yield to it.”

He, however, said that in spite of the huge resources being invested into alleviating poverty, it had not resulted in widespread prosperity.

He further stated that influences such as the blockchain technology and emerging technologies could be deployed in creating effective market innovations.

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He urged the participants to open their minds to the contents of the programme.

He assured them of getting knowledge beyond their expectations which could be applied into developing innovative market strategies to grow the nation