Welcomes $200m African Devt Centre by Microsoft

By Johnbosco Agbakwuru

President Muhammadu Buhari on Friday in Abuja said Nigeria would welcome more initiatives and investments in digital technology, while appreciating Microsoft for an engineering hub, African Development Centre, worth $200 million.

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President Buhari stated this when he received the President of Microsoft Corporation, Brad Smith, at the Presidential Villa, accompanied by the Minister of Communication and Digital Economy, Professor Isa Ali Pantami.

The President said:”I have been informed that the African Development Centre in Nigeria is Microsoft’s first engineering hub in Africa as the current investment stands at about $200 million.

“I have also been informed of Microsoft’s skill initiative that aims to train five million citizens and provide 27,000 jobs over the next three years.  These initiatives are commendable and I urge you to expand them and continue to prioritize Nigeria as you roll out your global initiatives.”

He told the visiting Microsoft team that as the largest economy and most populous country in Africa, Nigeria was positioned to play a strategic role in the global technology ecosystem and seek the right partnerships to harness the potentials.

President Buhari in a statement by his Special Adviser on Media and Publicity, Chief Femi Adesina said one of such key partnerships was in the area of capacity building.

This administration, according to the President, had shown great commitment in providing conducive environment for investors and the massive jump in the Global Ease of Doing Business Ranking was proof that the efforts were yielding positive results.

He said, “Our emphasis on the development of our Digital Economy has also positioned the sector as a prominent factor in the Nigerian economy.  As the fastest growing sector of the Nigerian economy in 2020, the Information and Communications Technology sector played a very important role in supporting our country to exit the recession triggered by the COVID-19 pandemic.

“We are keen to build on the momentum as we continue to implement our National Digital Economy Policy and Strategy, along with other related policies.”

Apart from partnership in the area of skills building, President Buhari said he looked forward to further partnerships that will support the digital infrastructure and innovation ecosystem, with regard to emerging technologies.

“I believe that this meeting will provide an opportunity to discuss how the Nigerian government can support the growth of your business here and how Microsoft can contribute to the growth of our economy through the active support of our policies and programmes,” he added.

President Buhari said he launched the Nigerian National Broadband Plan on the 19th of March 2020, with the aim of expanding broadband access across Nigeria and Microsoft’s connectivity initiative aligns with the plan.

“I believe it would be very useful and mutually beneficial to both Microsoft and Nigeria if your connectivity project is expanded beyond the current four locations in this country.

“Emerging technologies play a key role in digital transformation in the Fourth Industrial Revolution and a number of indigenous companies have developed very useful solutions. We are willing to partner with Microsoft to make Nigeria the epicenter for innovative emerging technology in Africa.”