Domestic card production to boost economic growth – Osinbajo

Vice President Yemi Osinbajo on Wednesday said the local production of smart cards will contribute to the growth of the economy and also bring a plethora of opportunities with it for Africa.

Osinbajo said this during a visit to the manufacturing facility of SecureID Limited on the Apapa-Oshodi Expressway, Isolo, Lagos.

He lauded the smart card manufacturing and digital solutions firm for creating jobs and bringing the country to the fore of global competitiveness with its world-class smart card manufacturing plant in Lagos.

Osinbajo said: “Today marks a momentous occasion in the history of the technology and manufacturing sector, and I am delighted to be a part of it. SecureID Limited has proved to us with this state-of-the-art manufacturing plant that local production of smart cards at the highest quality is not only viable in Nigeria but also brings a plethora of opportunities with it for Africa.

“I must commend this indigenous company for laying the precedent for other local manufacturers to follow. I must also congratulate the founder and CEO, Kofi Akinkugbe, who through her grit and passion to contribute to the growth of the economy, has committed innumerable resources and manpower to bring this factory to fruition. It warms my heart to see a woman take charge and create something indelible for other young women to emulate. She is an attestation to the fact that women are dependable collaborators in our quest for nation building.”

He lauded Akinkugbe for creating copious jobs for Nigerians, stating that this would bolster growth through local content.

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