NewStats: 3,261,619 , 8,174,530 topics. Date: Thursday, 29 May 2025 at 07:27 PM 121t4r

•State in Talks with Facebook, Google to Deliver K.I.T.E Project

•Sanwo-Olu Tours Lagos Start-Up Ecosystems

In a bid to ramp up its intervention in provision of technology infrastructure and expand the tech space to accommodate more startups, Lagos State Government is set to embark on the construction of the biggest technology cluster in West Africa.

The tech ecosystem, which will be sited in Yaba, is being developed by the State Government in collaboration with Facebook and Google.

Governor Babajide Sanwo-Olu spoke of the development on Wednesday when he toured two major innovation and technology hubs within the State.

Accompanied by of the State’s Executive Council, including Commissioner for Science and Technology, Mr. Hakeem Fahm, and Special Adviser on Innovation and Technology, Olatunbosun Alake, the Governor visited Venia Hub in Lekki and Impact Hub in Ikoyi, meeting scores of startups in the ecosystems for a roundtable discussion on expanding funding opportunities and infrastructure development.

Sanwo-Olu said the Yaba Technology Cluster, called K.I.T.E., would be a free zone that would allow the growth of funding and financing for innovative ideas generated by entrepreneurs in tech industry and FinTech space, adding that the ecosystem would also offer free labs for the use of startups to take their innovations to from ideation to the next level.

K.I.T.E. is an acronym for Knowledge, Innovation, Technology and Entrepreneurship.

The Governor described technology as “the new oil” for Lagos - Africa’s largest megacity - to exponentially generate wealth and jobs for its young population, while also leveraging it in raising the status of State to attain Fourth Industrial Revolution.

He said: “Technology is the new oil and the basic element for the Fourth Industrial Revolution globally. As a State with a massive population of young people, we need to play major role in the development of technology, which is an enabler to leapfrog into rapid socio-economic growth. We take technology as an important deliverable in our Government’s development agenda.

“For us to make lasting impact in tech industry, we said to ourselves we needed to build the infrastructure to sector. We are building a tech campus on a 22,000 square meters land in Yaba, which we christen K.I.T.E. We are working with global brands in the tech space, such as Facebook and Google, to deliver this important technology hub.

“We are currently laying 3,000 kilometres metropolitan fibre optic cables across the State to drop reliable and fast Internet connectivity in homes and work places. These are part of the infrastructure required as backbone for the tech industry to flourish and empower our young people in the space to take their businesses and ideas to the level of stability.

Aside the infrastructural initiatives, Sanwo-Olu said the State Government had been providing for startups through the Lagos State Employment Trust Fund (LSETF) and Lagos State Science Research and Innovation Council (LASRIC), which provide grant opportunities for innovators and tech researchers.

The Governor disclosed that two out of the 20 start-ups ideas ed through LASRIC last year had secured patents for their innovations and ready to transform into fully-fledged businesses that would create jobs.

Sanwo-Olu said the State Government’s intervention in the technology space was about creating opportunities for the future and providing platforms to make start-up businesses thrive.

He said: “The visit to your ecosystems today is for you to be assured that this Government is not sitting back in taking steps to ease access. We fully understand the role which technology plays in our lives and how technology is important to any society that wants to be relevant in coming decades. We are happy to be building the capability for Lagos, so that we can compete with other developed cities in the world.”

The Governor had a roundtable discussion with some of the startups to communicate the State’s effort and how better the Government could properly channel its interventions in the sector.


Some of the startups had the opportunity to present their business models and innovative solutions to the Government’s team. The engagement gave the Governor and his team the possible areas of intervention.

LSETF Executive Secretary, Mrs. Teju Abisoye, said the agency had been providing for over 38 partner hubs across Local Government Areas (LGAs) and Local Council Development Areas (LCDAs) in the State, stressing that the objective of the funding was to startups from idea to exit stages.

Venia Hub is an ecosystem housing Flutterwave and 100 other tech start-up companies. Impact Hub also has scores of startups operating in its ecosystem.

https://twitter.com/followlasg/status/1400187641291808775?s=19

Slowly but surely..... Yoruba land moves on.

God bless Lagos.
God bless Yorubaland.

November24:
Bini owns Lagos but Juju nor let development spread come our side.

Binis once asked a Yoruba man and his descendants to be their king.....that saw the raise of the Benin kingdom from a tiny village to an influencial kingdom....last time a Yoruba man (tinubu) tried helping you pick a leader you said no that you want to go with obaseki who's family are historically bini traitors.........heard he isn't paying workers salaries and he's beating workers up....#Edo nor be lagos.

May Almighty God bless them.

November24:
Bini owns Lagos but Juju nor let development spread come our side.

Una need make una invite olukoya For deliverance tour round the whole state.

Bini owns Lagos but Juju nor let development spread come our side.

Alright, let's build it.


Sided body truck and full cover body trucks available for Hire. See Siggy for and Whatsapp

As usual we all know how it usually pans out.
.
Building with no equipment and istrative functionalities.

Another white elephant project to construct empty building, siphon money, which will never translate to any sustainable meaningful tech development.
..... symptoms of bad leadership at the helm of affairs

Eko for show!
Lagos for action!!


Lagos principal is indeed a good principal TO HAVE SINGLE-HANDEDLY PICKED A GOVERNOR (as Some do say), not just a Governor but a brilliant, idealistic and working one.


Sanwolu is exceptional, those who criticizes him have who's either a drunkard, fufu(Apu) and kerosene distributors as Governors of their States

Good one

I hope you complete it before leaving office.

Enough of white Elephant projects!

Nice one

up

Love lagos. Leading

November24:
Bini owns Lagos but Juju nor let development spread come our side.

mumu why can't bini go do the governor their

Very good

By doing this they will be building a new, better and safer Lagos, cos through technology, Lagos state will be announced to the world. Nice move the people's governor.

But Yorubas own BINI (Ile ibinu).

November24:
Bini owns Lagos but Juju nor let development spread come our side.

Good development....

There is one here in akure

Much needed for Tech in Nigeria. African start ups are the hope of our economy in the coming decades.

Good move Governor Sanwo-Olu

November24:
Bini owns Lagos but Juju nor let development spread come our side.

how did bini own Lagos, they own most house in Lagos abi? You are sick upstairs

Yoruba Nation's next tech billionaires will be made in Lagos. We need a competitor to Nairaland honestly, this site is stale. Kudos to the Flutterwave and Paystack guys.

God Bless Yorubas
God Bless Yorubaland

Yaba is already Africa's largest tech Hub.

Unless the Lagos state government means to help with more dedicated physical structures.

God bless Lagos state
God bless South west states
God bless Yoruba landssssss
God bless Yoruba People

Aṣẹ!

They are coming to come and nag as usual over this good development.
No be by 2x2 shops

November24:
Bini owns Lagos but Juju nor let development spread come our side.

My brother na so we see am o

May the Lord bless Edo state forever and ever

November24:
Bini owns Lagos but Juju nor let development spread come our side.

Your igbo dealer needs to be arrested

The weed mad gan

November24:
Bini owns Lagos but Juju nor let development spread come our side.

Come clami am nah.
Jump Ondo state and claim lagos.it seems u no dey check map.

Thanks to God Lagos no border Edo.
You guys for claim am completely

Tech Hub with generator everywhere like computer village?

Hope it won't be constructed at Yaba left?

temitope27:
how did bini own Lagos, they own most house in Lagos abi? You are sick upstairs

Only people who own nothing say this. Learn to ignore them. I can say Yorubas own London, that would be equally as laughable. It just goes to show everyone wants to claim Lagos. Eyes will shine but no one wants to create their own modern city. They would rather attache and troop in by the millions