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GITEX 2018: Nigeria Moves To Attract More Investments Into ICT Space

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… NITDA, NCC Opens Nigerian Pavilion

Dr. Isa Pantami, director-general, National Information Technology Development Agency (NITDA) said Nigeria is set to attract more investments into the information and communications technology (ICT) space in the next few months.

Pantami who disclosed this yesterday in an interview with LEADERSHIP immediately after declaring open the Nigerian Pavilion at the Gulf International Information Technology Exhibition, GITEX 2018 Technology Week 2018 in Dubai, United Arab Emirates which is holding at the Dubai World Trade Centre.

Pantami alongside Professor Umar Danbatta, executive vice chairman, Nigerian Communications Commission (NCC); Engr. Yusuf Kazaure, managing director, Galaxy Backbone Limited; Prof Sahalu Junaid, Head of Department, Computer Science Department, Ahmadu Bello University, Zaria and Dr. Vincent Adetunji, Director, e-Government and Regulation, NITDA and other dignitaries declared the Pavilion open.

He said “During GITEX, we look for potential investors, those that are willing to come and invest in Nigeria, which is very important because most of the developed nations in ICT today, developed through foreign investors who invested in their countries, like here in UAE, it is the same, in the US, it is the same.

“So, it is very important to look for potential investors and ask them to come to Nigeria and invest. And you can only convince them to invest in Nigeria by showing the potentials you have there” the DG said.

Highlighting some of the key potentials that would be pitched to the investors, the DG said Nigeria is a country with estimated 190 million population and the country is strategically positioned as the gateway of West Africa. “At the same time, we are in-between west Africa and Central Africa. In the remaining West African countries, you have around 200 million while Nigeria alone has 190 million. And in Central Africa, you have around 150 million.

“So, if you are in Nigeria, you are in-between West Africa and Central Africa and we have advantage of our digital natives. Our population has been dominated by youths and youths are naturally inclined to ICT and this is the situation in Nigeria” he said.

The DG added that Nigeria now has policies and laws that make investments much easier, citing for instance, the Ease of Doing Business policy, which enables registration of a company within 24 hours and the availability of Visa-on-arrival for potential investors. He added that the government is also giving tax holiday for investors in the ICT sector.

The showpiece was inaugurated by Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of Dubai Executive Council along with other dignitaries. More than 200 government entities are taking part.

The 38th GITEX Technology Week which runs from October 14-18, 2018 with the theme: ‘Experience Future Urbanism’is showcasing Artificial intelligence (AI), 5G, robotics, virtual and augmented reality as well as GITEX Future Stars, an event featuring over 700 startups.

This year’s event will draw more than 4,000 exhibitors from over 100 countries. It is expected to draw 100,000 plus tech experts over five days, to visit the 21 halls, accounting for 1.4million square feet with sectors including Global Smart Cities, IoT (the Internet of Things), Smart Workplaces, Cloud, Cyber Security and Future Tech.

Trixie LohMirmand, senior vice president, Events Management, Dubai World Trade Centre, organisers of GITEX, said technologies are meant to create experiences to augment the well-being of the individuals and larger society. “We are proud that GITEX enterprises, startups and government entities come together, striving to transform intricate tech talk into meaningful manifestations of happiness that are relatable, accessible and in reach of a truly inquisitive and intelligent audience.”

 

 

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