Information and Communications Technology Minister, Adebayo Shittu in Lagos recently reiterated that information and communications technology (ICT) would continue to drive the global economy, providing huge opportunities to social and economic development.
Shittu said this at the Indo-Africa ICT Expo 2017, organised by the Telecom Equipment and Services Export Promotion Council (TEPC) in partnership with NASSCOM, where he encouraging techpreneurs to invest more in the country.
According to him, the unrealised ICT demand in Nigeria offers huge opportunities for Indian companies, arising in segment such as products and services, mobility, security solutions, telecommunications, education and capacity building.
Shittu further explained that there are numerous opportunities for partnerships between the two countries in the public and private sectors, as he implored Indian investors to explore areas to further enhance the lives of Nigerians through technology.
“Nigeria is committed towards ICT innovations and is well placed in the technology space as it is the fastest growing ICT market in Africa and throughout the world.
“Our commitment towards ICT innovations has made Nigeria well known in the tech space. Today, we have over 145 million mobile subscribers, representing a penetration of 85.5 per cent, while Internet penetration stands at 70 per cent for Nigeria,” he said.
The event, which was themed “Digital Vision of Developing Nations,” had Indian techpreneurs investing $4 billion to boost ICT in Nigeria.
