The Nigeria-Britain Affiliation (N-BA) held its 2024 Annual Lecture on Friday, twentieth September 2024, on the Radisson Blu Anchorage Resort, Lagos. Themed “Inexperienced Innovation & Digital Transformation: A Nigeria-UK Perspective,” the occasion introduced collectively specialists from varied fields to debate sustainability, expertise, and the importance of worldwide cooperation in attaining the United Nations’ Sustainable Growth Objectives.
In his opening remarks, the President of the Nigeria-Britain Affiliation, Sola Oyetayo, emphasised the relevance of the lecture collection in enhancing public discourse on inexperienced innovation. He highlighted the significance of inexperienced options in remodeling key sectors of the Nigerian economic system, consistent with developments seen in the UK, with a deal with fostering stronger bilateral ties.
Inexperienced Innovation and Digital Transformation are two highly effective forces shaping the way forward for industries and society at giant. Inexperienced Innovation refers back to the growth of latest applied sciences, processes, and merchandise that cut back environmental influence, promote sustainability, and contribute to the combat in opposition to local weather change. This may embody improvements in renewable power, waste discount, sustainable supplies, and energy-efficient techniques.
Digital transformation includes integrating digital applied sciences into all areas of a enterprise or sector, basically altering how operations are carried out, and enhancing buyer experiences. It’s about extra than simply adopting new expertise.
These two tendencies are more and more intertwined, as digital transformation is usually the spine that makes inexperienced innovation scalable and extra environment friendly. It usually results in profound adjustments in organisational tradition, operations, and repair supply.
The synergy between inexperienced innovation and digital transformation presents a pathway towards a extra sustainable future, Oyetayo mentioned.
Delivering the keynote tackle, Dr. Sam Faleye, Chairman and CEO of SAGLEV INC, explored the essential position of e-mobility in remodeling Nigeria’s transport sector.
He supplied an summary of Nigeria’s present transport challenges and highlighted the nation’s journey in the direction of embracing inexperienced innovation, alongside the UK’s management in e-mobility.
Dr. Faleye outlined a number of key suggestions, together with bilateral cooperation in infrastructure growth, coverage alignment, joint analysis into electrical car (EV) and battery expertise, and the significance of public-private partnerships and elevated funding for inexperienced initiatives.
A panel dialogue that includes main trade figures additional enriched the occasion. Kolawole Osinowo, CEO of Baobab+ Nigeria; Rinret Greatest, Head of Compliance and Sustainability at Meyana Power Restricted; Moses Sule, Co-Founder and Chief Business Officer at Sika Field; and Odion O. Ibadin, Assistant Supervisor at Clear Know-how Hub, participated within the session, which was moderated by Toba Adenaike, Founder and Chief Working Officer of Madecore Photo voltaic Storage.
Throughout the panel session, the panellists highlighted the importance of inexperienced innovation throughout varied sectors, reminiscent of power manufacturing, transportation, city planning, and finance. Additionally they careworn the significance of digital transformation in addressing local weather change and enhancing Nigeria’s agricultural sector.
Applied sciences reminiscent of synthetic intelligence, the Web of Issues, blockchain, and knowledge analytics had been recognized as key enablers of inexperienced innovation, able to remodeling enterprise processes and driving sustainable growth.
The panellists additionally addressed the rising curiosity in renewable power and inexperienced expertise in Nigeria, underscoring the significance of digital transformation and public-private partnerships in fostering modern options. Nevertheless, the challenges confronted by Nigerian companies, notably by way of infrastructure and funding, had been additionally mentioned as vital obstacles that have to be addressed.
The occasion, organised in partnership with Tangerine Life Insurance coverage, Tangerine Basic Insurance coverage, NEM Insurance coverage, and Scib Nigeria & Co., supplied a strong platform for insightful discussions on the way forward for sustainable growth in Nigeria and the UK.
Notable visitors on the occasion included Dr Rabiu Olowo, Chief Govt Officer/Govt Secretary of the Monetary Reporting Council of Nigeria, alongside members of the Affiliation and visitors of the Nigeria-Britain Affiliation.
The N-BA Annual Lecture is a collection of lectures impressed by topical and prevailing points affecting Nigeria, Britain and the world usually. The lecture brings collectively world leaders, authorities officers, enterprise and thought leaders while drawing attendance throughout a number of international locations, industries and sectors.
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