Founding father of Canadian College in Nigeria, Prof Gwarzo ‘Splashes’ N2m on PRNigeria Newest Books

The Founding father of Canadian College of Nigeria, Abuja, Prof. Adamu Abubakar Gwarzo, has supported two newest books revealed by the Picture Retailers Promotion Restricted (IMPR), with the sum of two (2) million naira.

The books are: “Pantami: The Trials and Triumphs of a Digital Financial system Maestro,” written by Mal. Yushau Shuaib (Editor-in-Chief of PRNigeria and Economic Confidential) and “eNaira Revolution: A Peep into Nigeria’s Cashless Future,” authored by Mr. Abdulrahman Abdulraheem (Managing Editor of Economic Confidential).

Prof Gwarzo, who can also be the Founding father of Maryam Abacha American College of Niger and Nigeria and Franco British Worldwide made the monetary donation on the maiden Economic Confidential Public Lecture and E-book Presentation.

Gwarzo who was represented by Dr. Abdullahi Sufi, the Director of Adamu Abubakar Gwarzo Basis (AAG Basis), counseled the Minister of Communications and Digital Financial system for revolutionizing Nigeria’s digital financial system sector, making ICT to now contribute the best GDP to the nation’s financial system.

The general public lecture and ebook presentation occasion, organized by the Picture Retailers Promotion Restricted (IMPR) – publishers of PRNigeria and Economic Confidential – was themed: “Financial Diversification in an Evolving Cashless Society”.

On the occasion, consultants additionally advocated a ‘diversified financial system’ for Nigeria. Prof. Pantami, as an illustration, emphasised the necessity for Nigeria to construct a knowledge-based financial system.

He nonetheless, stated that such an ‘formidable dream’ can solely be realized by creating good coverage initiatives within the nation’s digital financial system sector.

Whereas highlighting the significance of financial diversification in an evolving cashless society, the Minister identified that the world nations excelling in digital expertise are additionally the trailblazers in financial improvement.

He stated that nations like the US, China, Japan, Germany, and India, with a mixed GDP of $100 trillion, leveraged their pure assets to construct a knowledge-based financial system by digital expertise, which is important for financial diversification.

Pantami, additionally disclosed that Nigeria is without doubt one of the African nations taking part within the fourth industrial revolution, which is at present underway, arguing that the nation wants to maneuver away from its reliance on oil and different pure assets.

“Constructing a knowledge-based financial system can create jobs and scale back poverty, whereas bettering financial competitiveness.

“It’s due to this fact crucial for Nigeria to spend money on digital infrastructure, enhance digital literacy, and help innovation and entrepreneurship to advertise a knowledge-based financial system,” he stated.

The Chairman of the Income Mobilisation Allocation and Fiscal Fee (RMAFC), Alhaji Mohammed Shehu, on his half, harassed the necessity for Nigeria to diversify her financial system, if it should not sink, however flourish.

Shehu, who additionally chaired the twin occasion hosted by Economic Confidential, noticed that Nigeria can not proceed to run a mono-economy, whereas different nations have since stopped relying on petrol to drive their financial system.

“Nigeria ought to higher diversify. Lest it sinks. We can not proceed within the trajectory of counting on crude oil.

“By the best way, Nigeria is getting most of her cash now from taxes, customs and different non-oil income sources, with the NNPC contributing lower than 5% of what’s shared throughout the federation”.

In his assessment of the ebook on Pantami, Mallam Jaafar Jaafar, the london based mostly writer of the Each day Nigerian counseled the Minister of Communication and Digital Financial system for making constructive contribution to the financial improvement of Nigeria.

The reviewer stated a number of the matters he discovered very fascinating and intriguing have been seemingly controversial.

Jaafar stated as one who marveled at Pantami’s erudition in each Islamic and Western training, he (reviewer) was appalled by the controversy that trailed the Minister’s elevation to the rank of a Professor by the Federal College of Know-how, Owerri (FUTO).

“Whereas I’m conscious that he’s an individual with an aversion for being addressed as a “Sheikh”, consistent with his deepset humility, I had anticipated the minister to, in like method, solid away the pulpy endocarp of the mango to rid off the flies that have been then swarming round.”

Jaafar, nonetheless added that the creator additionally chronicled the feats achieved by Pantami as Communications Minister since 2019, to incorporate: the implementation of broadband connectivity throughout the nation, reinvigorating Nigeria’s digital financial system sub-sector, and the empowerment of residents’ ICT expertise.

Others are: the implementation of a Digital Identification Programme, implementation of a Nationwide Digital Financial system Coverage and Technique, digitalizing authorities capabilities and processes, in addition to deployment of 4G throughout the nation.

Dignitaries on the occasion included high public functioneries, teachers, media executives and politicians