Nigeria to benefit from $50m start-up investment – Pantami | Dailytrust

Nigeria to benefit from $50m start-up investment – Pantami

The Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami

About $50million foreign investments in technology start-up will be attracted into the economy, the Minister of Communications and Digital Economy, Dr Isa Ibrahim Pantami, has said.

Pantami disclosed this while speaking with newsmen in Dubai, United Arab Emirates, shortly after unveiling the Nigeria Pavilion at the 40th Gulf Information Technology Exhibition, (GITEX 2020), a statement from the minister said on Sunday.

According to him, Nigeria was not lacking in terms of innovative ideas, stating that it is the plan of the government to identify the challenges confronting the start-ups and see how government can assist them.

The minister pointed out that start-ups in Lagos and Abuja have really made Nigeria proud as they keep attracting foreign investments into the country.