The Federal Government is seeking increased investment from US technology and financial services companies to strengthen Nigeria’s digital infrastructure, particularly in cloud computing and artificial intelligence.
The National Information Technology Development Agency (NITDA) held discussions with a delegation from the US Chamber of Commerce on Tuesday to explore opportunities for collaboration in Nigeria’s digital economy.
The meeting was attended by representatives of Microsoft, Citi, Cavista Holdings, Flutterwave, Tolaram Group, the American Business Council and the US Embassy. Discussions focused on digital transformation, data governance, digital sovereignty and investment in technology infrastructure.
NITDA Director-General Kashifu Inuwa said Nigeria’s digital policies were designed to safeguard national interests while promoting innovation, investment and sustainable economic growth.
He emphasised the importance of strengthening local infrastructure, building domestic technical capacity and developing a resilient digital ecosystem to reduce dependence on individual technology providers.
Inuwa also highlighted the importance of public-private partnerships in developing Nigeria’s sovereign cloud ecosystem. He noted that clear policy frameworks and data classification could help attract investment and create more opportunities locally.
According to him, these initiatives could position Nigeria as a digital hub for West and Central Africa.
Both parties expressed their commitment to continued engagement towards establishing a secure and predictable regulatory environment that supports business growth, job creation, skills development and cross-border investment.
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