It appears the quest to attract more foreign investment into Nigeria’s tech sector is well on track.
This is because the minister of Communications, Adebayo Shittu, says the ministry is collaborating with the Central Bank of Nigeria (CBN) to include the ICT and Telecom industry on Forex priority list.
According to the minister, there is an ongoing discussion between the ministry and the CBN to include the ICT and Telecom industry in the list of sectors to be accorded Forex priority.
“In this regard, I will proudly say that Nigeria has an array of young people with great energies and creative abilities to launch Nigeria into the league of world leading economies by leveraging on ICTs.”
Shittu stressed the need for the nation to adopt a deliberate, planned and sustainable national programme for developing a competent, knowledge-driven workforce and society.
He said sustained access to ICT tools was a critical component of competent and knowledge-driven workforce.
Alibaba Group Holding Ltd. will invest about $28 billion, over the next three ye…