PriceWaterhouse Coo- pers (PwC), a giant in the consultancy industry in a bid to improve its services and drive technological advancement across Africa has established an experience center with state of the art equipment in Lagos, the first of its kind among other consulting firms.

While analysts have reiterated over the years the effect of technology in driving growth, Nigeria still seem to depend largely on proceeds from the oil and gas sector of the economy to drive growth.  Speaking at the unveiling of PwC’s newest Experience Centre in Lagos, Nigeria’s Vice President,  Yemi Osinbajo stated that Nigeria needs to diversify from the oil and gas sector and join the trend of digitalization adding that Nigeria’s economic break- through would be driven by technological innovation not oil and gas. 

Osinbajo, who was represented by the Director General of the Budget Office, Ben Akabueze, said the center is in line with the present administration’s plan to improve the ease of doing business, trans- form the economy and boost technology adoption.   “The PwC Experience Centre is in line with the smart technology initiative of the government. As an administration, we recognize that Nigeria’s future does not lie in oil and gas but more in technology and innovation.

This is anchored on moving the economy away from a resource based to a people based model. We must take this seriously going forward,” Osinbajo said.

Also present was Babajide Sanwo-Olu, Governor of Lagos state who commended the move of PwC towards technological advancement.  “I think the PwC initiative is the way to go. It is in line with what Lagos state government is doing to boost the economy. I encourage other companies to see it as a challenge and begin to tap into the opportunities the government is creating” Sanwo-Olu said. Also, Sanwo-Olu, who took out time to experiment with the virtual reality solution of the center, stated that the center reflects the state government’s plan to transform the city’s economy with smart solutions. He charged other corporate entities to take a cue from PwC and take advantage of the government’s technology agenda.