Nigerian technology tycoon Leo Stan Ekeh has donated N50million (about $121,700) to the Nigerian Computer Society (NCS) to support innovation and developmental projects.
The 65-year-old businessman said the grant will support the society’s newly launched Innovation and Development Fund.
Commenting on the development, the serial digital entrepreneur told Punch that: “There is hardly any business in the world today that you can run without technology. If you look at the list of the top five most valuable companies in the world today, technology companies dominate. Nigeria is blessed with millions of smart kids, and what many of them need to emerge as global billionaires is that little support, which we are contributing to at this occasion. I wish to commend the NCS leadership for coming up with this brilliant idea, which I am sure will make a huge difference in the lives of our tech-savvy youths and the future of this country.”
Recall that Nigerian Computer Society President, Professor Adesina Sodiya recently announced at the 2021 National Information Technology Merit Awards the launching of the multimillion-dollar Innovation and Development Fund, which Ekeh will chair.
According to Sodiya, the fund will support startups building innovative solutions in the country.
Ekeh is a Nigerian entrepreneur and philanthropist. He is the founder of Zinox Technologies Limited and the chairman of one of the largest e-commerce companies in Nigeria, Konga.com.