Nigeria targets $1bn annual public IT demand to drive local cloud investment

BusinessDay | 10-09-2026 11:32am |

Nigeria is aiming to leverage nearly $1 billion in annual government technology spending to attract investment in local cloud infrastructure. The initiative seeks to boost the country's digital economy by increasing demand for public IT services. This move is expected to drive growth in the local cloud computing sector. The government hopes the investment will enhance Nigeria's technological capabilities.

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