Nigeria Welcomes Microsoft’s $200m Investment

President Muhammadu Buhari says Nigeria stands poised to welcome more initiatives and investments in digital technology, while appreciating Microsoft for an engineering hub, African Development Centre, worth $200 million.

Receiving the President of Microsoft Corporation, Brad Smith, at the State House, on Friday, accompanied by the Minister of Communication and Digital Economy, Professor Isa Ali Pantami, the President said; “I have been informed that the African Development Centre in Nigeria is Microsoft’s first engineering hub in Africa as the current investment stands at about $200 million.

President Buhari told the visiting Microsoft team that as the largest economy and most populous country in Africa, Nigeria was positioned to play a strategic role in the global technology ecosystem and seek the right partnerships to harness the potentials.