Osinbajo vows Nigeria cannot be dumping ground for ICT products
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…FG to set up Im ICT Company
Nigerian Vice-President, Prof. Yemi Osinbajo has vowed that Nigeria cannot afford to be a dumping ground, where all sorts of ICT products are deposited.
Osinbajo, represented by the Minister of Communications, Barr. Adebayo Shittu stated this in Abuja at the just concluded ‘Digital Africa Conference and Exhibition with the theme “The Fourth Industrial Revolution: Getting Africa Ready”.
Osinbajo disclosed that the Federal Government is already making concerted plans to build a $1billion Information Communication and Technology (ICT) company, with the hope of encouraging indigenous ICT products.
“We have resolved as a country that we can no longer serve as a dumping ground where all sorts of ICT related products are deposited. A way out of this is the plan to build a $1billion ICT company that can encourage indigenous products and services to spring up,” he said.
The Federal Government, he added is serious about the local content policy, noting that it is part of the Muhammadu Buhari’s policy to turn Nigeria into the biggest economic hub in Africa.