• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, July 4, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Billionaire Alibaba in hits Nigeria, discusses with Osinbajo

The Matters Press by The Matters Press
November 15, 2019
Reading Time: 3 mins read
0
Billionaire Alibaba in hits Nigeria, discusses with Osinbajo

Osinbajo receives Ma, Alibaba

Osinbajo receives Ma, Alibaba

Billionaire Alibaba in hits Nigeria, discusses with Osinbajo

RELATED POSTS

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

Chinese entrepreneurs led by billionaire businessman and co-founder of Alibaba Group, Jack Ma, have visited Nigeria to discuss digial and e-commerce.

They were received by Vice President Yemi Osinbajo at the Presidential Villa, Abuja, on November 14, 2019

Alibaba Group Holding Limited is a Chinese multinational company with investments in e-commerce, retail, Internet, and technology.

Osinbajo and Ma, during their interaction, spoke on opportunities in Nigeria’s digital economy and huge population.

The vice president thanked Ma for honouring the invitation he extended to him to visit Nigeria when they met at the World Economic Forum in Davos.

According to Osinbajo, Nigeria represents incredible opportunity and potential as it will, in another two decades, become the third largest in terms of population in the entire world.

Osinbajo said that the Alibaba group had achieved a lot in terms of broadening the scope of business and activities for people everywhere.

“If there is anything you have achieved, for the politician, we say you have democratised business.

“It is a great achievement and I think it is something we will like to learn from and benefit from , especially as we open up government businesses and transactions and make them more efficient for the use of our people.

“This is an exciting time for us and we are very happy that you are here and a lot of businesses and entrepreneurs are looking forward to your interacting with them later today.

“I think you will find a very energetic, very creative group of young men and women and old men and women who are increasingly getting interested in entrepreneurship ,especially digital entrepreneurship and I am happy to see that you have a good group of businesses from China.

“ I hope it will create an opportunity to start investigating business opportunities in Nigeria and I really hope that we will be able to do something and create some opportunities here.’ ,he said.

The vice president said that Nigeria had a lot entrepreneurs and young people who were actively engaged in the digital economy.

He said that the Federal Government started a job programme for young people called N-Power ,where half a million young people were engaged.

He said that the government had to build the e-infrastructure to make the programme happen.

Osinbajo said that a system was developed in which N-Power beneficiaries were paid online and online materials were put in open and accessible portals for them.

“They also have equipment which enables them to train as extension workers for farm; we train them to teach also using the open portal; and it has proved to tremendously successful.

“We have a programme called broadband connectivity for all by 2023; which basically is to see how we can deepen connectivity across the country by 2023 and we are looking just as you said about e-government.

“That is also crucial because government tend to be viewed with a great deal of suspicion; nobody is quite sure of what government is up to all the time.

“ I think that the government can benefit from the efficiency that digital economy provides,’’ he said.

Earlier in his remark, Ma said that Chinese entrepreneurs were bringing four `Es’ to Africa.

He said that the first `e’ was e-infrastructure; to support internet connection to all parts of Africa as it hoped that every young people, every small business should have a mobile phone to run their businesses anywhere, anytime.

“We hope to support e-entrepreneurs; we want to make entrepreneurs the heroes of the African continent, it is the entrepreneurs that promote business development in China; government support entrepreneur with the infrastructure they need.

“If the government is on `e’, government will be very efficient, transparent and the people know what the government can do and the government know what the people want.

“The last and very important is e-education; in the next few days, we are going to have African e-entrepreneur prize; so all the African countries can apply for our awards.

“ So, I am very happy to hear that four Nigerian entrepreneurs are right among the top 10; we will be in the final competition in two days and I think Nigerian entrepreneurs will have a great result.

“It is just the beginning for us; our job is to support entrepreneurs because we are all entrepreneurs; we are all founders of our own businesses in China,’’ he said.

Tags: Alibaba
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

July 3, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

July 1, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

June 30, 2025
China’s agricultural wholesale products prices continue to drop
Agriculture

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

June 29, 2025
$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Next Post
Rice farmers from poverty to wealth

Rice explosion soon in Nigeria

Aisha Buhari, Dolapo Osinbajo in APC’s rally in Kogi

Aisha Buhari, Dolapo Osinbajo in APC's rally in Kogi

Recommended Stories

Sovereign investment authority records N160bn growth

NSIA rewards innovators with $60,000, equity investments

June 26, 2023
Kenya seeks to raise $2b Eurobond

Kenya seeks to raise $2b Eurobond

April 23, 2023
NCP receives recipes to boost BOA, NIRSAL

Federal, States, others in accord for economic, financial Inclusion

April 26, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen
  • Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF
  • Transformational in FCT in line with Tinubu’s Renewed Hope agenda

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us