Lagos to partner MasterCard on technology

Babajide Sanwo-Olu, the Lagos State Governor, disclosed his intention to collaborate with Mastercard to promote technology, digitalisation and innovation in the state.

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

The governor said his administration was open, willing and eager to make technology a way of life, adding that there is a lot, that 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.”

Sanwo-Olu said 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.

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.”

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

Zainab Odunayo
Zainab Odunayo
Zainab Odunayo is a News Reporter at Wakadaily News, specializing in politics and current affairs. With a strong passion for storytelling and a keen interest in social issues, Zainab brings insightful perspectives to her reporting.

Popular Related

NiMet advanced technology aids in service delivery

A new website for the Nigerian Meteorological Agency has been launched as part of efforts to improve its services. The technology is "More functional, interactive,...

Police deny selling Falomo barracks, announce development plans

The Nigeria Police Force, NPF, on Tuesday issued a statement to clarify ongoing misconceptions regarding the redevelopment of Falomo Barracks in Lagos State. According to...

BREAKING: RRS Arrest three fraudsters in Lagos State 

The "Officers of the Rapid Response Squad of the Lagos State Police Command have arrested three suspects for defrauding unsuspecting members of the public...

Police arrest man attempting to rob bank with hammer in Lagos 

The Lagos State Police Command has arrested a 43-year-old man, Azeez Isa for attempting to rob a bank opposite the Maplewood Estate in the...

43 suspects arrested in Lagos state police raid

The Lagos State Rapid Response Squad (RRS) has arrested 43 people after conducting an overnight search of popular locations in Oshodi and its surroundings. Information...

Navy acquires patrol vessels to boost maritime security

It was revealed that, the Nigerian Navy has acquired two high-endurance offshore patrol vessels from Dearsan Shipyard, Turkey, to boost maritime security. Emmanuel Ogalla, the...

Police to prosecute vigilante for murder in lagos

The Nigeria Police Force announced that it will bring charges against vigilante Agunbiade Adekunle for allegedly killing a vandal that was turned over to...

Spotify to lay off 17% of employees amid rising capital costs

Spotify, an online streaming platform says it will reduce the number of it's employees by approximately 17% in a bid to cut costs due...

Lagos tops list of cities with worst traffic in the world [See top 10]

Lagos State has ranked number one cities with the worst road traffic in the world. The Global Traffic Congestion Rankings 2023, which is carried out...

Beware of poisonous plantain chips, Lagos tells residents

The Lagos State Consumer Protection Agency has warned consumers of fried plantains also called “plantain chips” to be wary of any unwholesome practices in...