The Osun State Governor, Ademola Adeleke has stated that the bill domesticating the start-Up Act in the state will curb internet fraud known as Yahoo Yahoo among the youths and enable them to channel their knowledge into positive efforts.
Adeleke disclosed this during a stakeholder engagement on the domestication of the Nigerian Startup Act in Osogbo on Saturday.
Adeleke who was represented by the Coordinating Director, Ministry of Innovation, Science and Technology, Office of the Governor, Kehinde Jimoh also disclosed that the intention of his administration is to deploy the Act to maximize youth potential in the state.
He also added that every stakeholder was carried along in ensuring proper domestication of the Act.
In his words, “The Osun State Government want to use this bill to develop the youths, to engage them meaningfully. What the state is targeting is to ensure that this Startup engages them and channels their knowledge to something positive.
“For example those of them involved in Yahoo Yahoo, they are intelligent, before you can swindle someone, you must have performed some intellectual mathematics but instead of doing this negatively they will be made to deploy their energy positively, their energy and potential can be tailored towards developing the state.
“When eventually domesticated, it will address youth unemployment, restiveness and other social vices”, he said.
Also speaking, State Adoption Lead, Nigeria Startup Act, Tracy Okoro-Isaac said the Act when adopted can control the emigration of youth and encourage them to stay back and develop their potential.
Segun Solomon, Spokesperson of the Forum of Digital Technology Entrepreneurs (FODITE) noted that the steps taken by the Osun governor put the state ahead of other states as a digitally inclined state.