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Business News of Wednesday, 12 July 2023

Source: www.punchng.com

Nigeria will become W’Africa’s energy hub, says Vertex

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The Chief Commercial Officer of Vertex group, Shitij Taneja, has said Nigeria will be one of the leading technology hubs in West Africa in the next five years.

In a statement, Taneja, said this recently while speaking at the just concluded 2023 IoT West Africa conference & exhibition in Lagos.

Taneja added that already, a lot of companies had started investing in Nigeria.

He also stressed that with the coming on board of Vertex Group with more manufacturing companies, there would be more employment opportunities and training centers for the youths.


He recommended renewable energy and digitising energy usage as the way forward towards improving electricity in Nigeria.

The Vertex Group COO explained that when energy was digitalised, it could be monitored to be able to know what was happening and where it was happening, adding that it could also help to determine where there was energy leakage.

He said, “We see a lot of startups and investors investing in Nigeria’s technology as startups, and what we are trying to achieve is to position West Africa as the hub for digital energy.

We are bringing Indian industries to Nigeria to help drive the technology because India is known as a technology hub.

We are trying to move the technology solutions that India has to Nigeria because Nigeria already has the capacity as more people are into information technology as a career.”