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Open Data launched to drive economic growth

30 January 2014, 08:40Augustine Osayande

Abuja - The Ministry of Communications Technology has kicked off the Open Data Development Initiative to support Federal Government’s objective of driving innovation, investment and economic growth.

The Open Data Development Initiative, which the World Bank supports, aims to highlight the potential efficiency, innovations and public value that can be achieved when government uses technology to open its data.

The commencement of this process makes Nigeria the world’s first federal Open Data initiative to simultaneously launch inclusive and continuing consultations with both government and nongovernment communities on their Open Data priorities to develop the country’s national Open Data implementation plan.

 The launch of the Open Data Initiative heralded by an Open Data Stakeholder Engagement Workshop that brought together more than 120 representatives from across government,  private and nonprofit sectors to identify priorities and actions to inform the implementation of the initiatives.

The workshop was designed to explore the role of Open Data in organizational innovation and highlight the public value that can be created by opening government data, as well as challenges and mitigation strategies associated with these efforts, discussing best practices and lessons learned in opening up government data from across regions through the lens of the Nigerian context and enabling data user communities, including government, citizens, and businesses to identify valuable datasets that can drive innovation, investment and job creation.

More than 50 countries have launched federal-level Open Data initiatives.

The impact on economic growth can be transformative, according to analysis by global consulting firm McKinsey.

The Open Data generates more than $3 trillion of new economic value for the United State economy alone.

– CAJ News


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