Ekocity Magazine —Lagos State Governor, Akinwunmi Ambode, has said that there are current plans to transform the Sabo Industrial Estate in Yaba area of Lagos to a world class technology hub — another Silicon Valley.
This was spoken at an inspection tour across the state, where the governor said he would actualise the plan of transforming Sabo to the new hub for technology in 2017 and assist the already established technology incubators in the area to achieve their full potential.
He said that the hub would serve as a place where new set of entrepreneurs and innovators could be raised to address the challenges confronting the nation in the Information and Communications Technology sector.
Silicon Valley is in the San Francisco Bay area of California, United States, and home to many of the world’s largest high-tech corporations and thousands of startup companies.
The governor, who visited some technology outfits in the area — Ardela, IDEA and CC Hub, said his government was desirous of assisting entrepreneurs in the ICT sector to grow.
He said, “Our government is seriously committed to assisting entrepreneurs like the ones here to be able to be good startups.
“We will use our Employment Trust Fund to support this concept here. All we need to do is to send people here and provide infrastructural support.
“Our aim is to create an enabling environment for our youths to thrive and be more creative and enterprising.”
A former Minister of Communications and Technology, Mrs. Omobola Johnson, who was part of the tour, said the plan to scale up the industrial estate in Sabo signaled a new dawn for the technology sector.