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Lagos State Governor teams up with MasterCard for tech and innovation



The Lagos State Governor, Mr Babajide Sanwo-Olu, has stated his resolve to collaborate with Mastercard to promote technology, digitalisation and innovation in the state.

Sanwo-Olu said this on Thursday when the Management of Mastercard led by its President for Eastern Europe, Middle East and Africa, Dr Dimitrios Dosis, visited him at Lagos House, Marina, Lagos.

The governor said his administration was open, willing and eager to make technology a way of life, adding that there was a lot the Lagos State Government and Mastercard could jointly develop and take forward in the area of technology.

He said, “Part of our vision is for Lagos to become the knowledge warehouse; a city where anywhere in the world if you need anything in terms of innovation, knowledge and skills, you will come to Lagos.

“We want to develop millions of young people who are not only smart but willing to change and take on the world. We have seen that in our creative minds, either in entertainment, arts and culture, innovation and technology.

“We need to channel the energy of the young people positively to be able to help solve world problems. They need to have access and platforms through which they can flourish and show the skills they have.”

According to Sanwo-Olu, the state is trying to build a lot of capacity in smart city and security.

“We don’t want people to come and give us handouts, we want a real partnership where we can identify the problem and come up with solutions,” he remarked.

In his comments, Dosis expressed his organisation’s commitment to partner with the Lagos State Government.

He said, “I was impressed by the passion I saw in your fintech community. We have had the pleasure in the last two days to meet a number of your fintech. The passion I saw in your fintech community is second to none.
“I also saw innovation taking place in your payment space. I also see innovation in your transport system, which I know is something that you developed for the city.”

According to Dosis, Mastercard has a lot of technology that it would like to bring to Nigeria.

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