2023 Elections: Fintech briefs Peter Obi on sector's future

On Wednesday, the Financial Technology sector (Fintech) engaged the Labour Party presidential candidate, Mr. Peter Obi, on the future and growth of fintech in the country.

Sir Demola Aladekomo, Chairman, SmartCity Plc, said in a statement that the parley with Obi was to emphasize the need for public-private partnerships in the sector if he emerged winner of the election.

Aladekomo saidthe private meeting, which was put together by some top players in the industry, would also engage other presidential candidates before the Feb. 25, 2023, general elections.

According to him, the session is to allow players to have the candidate's understanding of the fintech sector and the expectations of the industry from potential winners of the 2023 elections.

Also speaking, Ms. Chinenye Mba-Uzoukwu of Fintech1000+/NESG highlighted the benefits of collaboration between government and the private sector, saying: "The creation of a conducive environment will allow our young ones to thrive."

Mba-Uzoukwu urged Obi to make the Nigerian Startup Act a matter of national priority if elected in 2023.

Other fintech experts also urgedgovernments to focus mainly on policies.

The experts also called for an improved educational system and making lifelong learning relevant to the economy.

Responding, Obi spoke extensively on areas of security, corruption, agriculture, investment, and managing the nation's resources if elected.

Obi, however, acknowledged the concerns of the fintech sector and requested that position papers be prepared and sent to him on some specific requests for the enhancement and growth of the sector.