The
Federal Government is tinkering of setting up an Information and Communication Technology (ICT) Development Bank, ITRealms exclusively reports.
The
Minister of Communications, Barr. Adebayo Shittu made this disclosure in Lagos
at the 3rd Edition of Indo-Africa ICT Expo holding for the first
time in Nigeria.
According
to him, the Ministry of Communications is promoting the established of an ICT
Development Bank in Nigeria.
Shittu
explained that the bank will assist in providing the needed funding for the ICT
industry instead of depending on commercial banks which charges high interest
rate.
As Government, Shittu said,
they recognize research as a key component in stimulating sustainable ICT
growth.
“In this direction, the
Ministry in pursuance of its mandate of leveraging ICT in its entire
ramifications and in order to promote local manpower of the ICT sector, is
establishing a proposed ICT University of Nigeria with specialized programme on
ICT across the six geopolitical zones in the country,” he said.
Further, he said, the
Ministry has reached out to a number of ICT companies locally and
internationally for the Public, Private Partnership (PPP) management of the
proposed ICT University. Many have and still counting who have expressed
enthusiasm towards investing in the project.
The Ministry, he said, has
reached an advance stage for the establishment of a befitting ICT Park and
Exhibition center in Abuja.
“This is to develop
Nigeria’s ICT sector towards achieving a Smart Digital Nigeria,” the Minister
submitted.
Chuks Egbune/GEE
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