Former President Goodluck Jonathan has called on the Federal Government and private sector to boost funding for indigenous technology enterprises. According to Punch, he issued this directive on Saturday after receiving a delegation from Zeetin Technologies, which was headed by Azibaola Robert. The former president warned that failing to adequately support these firms would restrict Nigeria’s ability to generate employment, expand domestic manufacturing, and compete globally in the tech sector.
Jonathan previously presided over the commissioning of the Zeetin factory located in Idu, Abuja. Following the meeting, he shared his views on Facebook, stating he had tracked the company’s progress closely. He expressed belief that the firm could emerge as a premier Nigerian success story in innovation. He argued that consistent financial backing for such projects would speed up national technological advancement and establish Nigeria as a key player in the global industry.
The former president emphasized the need for intentional policies and investments to aid technology entrepreneurs, especially young Nigerians. He noted that tech-driven start-ups could act as major drivers for employment and economic development. By fostering these businesses, Nigeria could stimulate growth while reducing dependence on imported goods. This aligns with national efforts to strengthen local manufacturing capacities and diversify the economy.
Jonathan also praised Zeetin Technologies for its assembly plant, which manufactures tricycles for goods transport. He stated that these locally made vehicles help move products, aid small businesses, and boost the economy. The production of electric tricycles also promotes cleaner transportation options. This development supports small-scale enterprises while addressing environmental concerns.
The appeal for increased support for tech firms coincides with Nigeria’s push for economic diversification. By backing local innovation, the state and private sector can build a more resilient economy. Focusing on indigenous technology aims to empower young entrepreneurs and drive sustainable growth. This approach recognizes the tech sector’s potential to transform Nigeria’s economic landscape.