The Director General of the National Information Technology Development Agency (NITDA) Mal. Kashifu Inuwa has called on international investors to invest in Nigeria’s tech ecosystem, stressing that the country provides fertile ground for investors.
The NITDA’s DG, while speaking on the topic, “The Evolution of the Nigeria Tech Ecosystem” which was a conversation with Ludwig von Bayern Startup Lions, Germany, believes that the future of Nigeria is much more promising than today due to the four comparative advantages the nation has over other countries of the world.
“Nigeria provides opportunities for entrepreneurs to quickly and conveniently start and grow businesses,” he said.
He noted that Nigeria has four comparative advantages that are not available anywhere in the world. Those advantages, according to him are Nigeria’s large population, the level of support the government now gives to the tech ecosystem, the youthful and talented population and the high potential for social and economic impacts.
He stated that Nigeria has a mirage of challenges that need technological solutions. These challenges are around healthcare, financial inclusion, education, transportation, and logistics.
“And you all know IT or technology can provide faster solutions for us to solve all these problems.”