The Federal Government is seeking to attract more investment from American 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 areas of collaboration and investment in Nigeria’s growing 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 centred 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 the country’s national interests while creating room for innovation, investment and long-term economic growth.
He stressed the importance of developing local infrastructure, building domestic technical expertise and creating a strong digital ecosystem that would reduce the country’s dependence on individual technology providers.
Inuwa also highlighted the importance of public-private partnerships in developing Nigeria’s sovereign cloud infrastructure. He noted that clear policies and effective data classification would help attract investors, encourage local participation and create new opportunities in the technology sector.
According to him, these initiatives could strengthen Nigeria’s position as a leading digital hub for West and Central Africa.
Both parties expressed their willingness to sustain discussions and deepen cooperation towards establishing a secure and predictable regulatory environment that would support business expansion, job creation, skills development and cross-border investment.
