“This is the first of its kind in Nigeria, we have so many parks and hubs but they are regional. This one will be central and will be a center of job creation for our teeming youths. It will be a center where technology will be developed and incubated. It will play a significant role in reducing unemployment and reduce the gap of unemployability.ISA PANTAMI
These are the word of the Honorable Minister of Communication and Digital Economy, Dr. Isa Pantami, when he was speaking to State House correspondents on the outcome of the Council meeting, presided over by President Muhammadu Buhari at the Council Chamber, State House, Abuja, on Wednesday.
He disclosed that the Federal Executive Council (FEC) approved about N8.9 billion for the establishment of a new National Information and Communication and Technology (ICT) park in the Federal Capital Territory (FCT), to coordinate public and private ICT hubs in the country.
Pantami explained that a 4,200 square meter land had already been acquired for the establishment of the ICT Park, saying, “The Federal Executive Council has approved the memo and we are going to start establishing it in Abuja and we hope Abuja is going to be another Silicon Valley in Nigeria”. He said: “The wisdom behind the ICT Park is for it to be a center where public and private ICT hubs are going to be coordinated by the federal government of Nigeria, where young innovators with crazy and disruptive ideas will be mentored and all that they need to be provided for.
”We will provide an enabling environment for them to utilize and come up with disruptive technologies.Pantami
The country has several technology hubs already located in the FCT this hubs serves as incubators and accelerators for startups and people with ideas, let us hope that the creation of this ICT park will help boast the number of small business in the country and also provide the much needed ease of doing business in the country.