NITDA to boost foreign direct investment

The National Information Technology Development Agency (NITDA) says it will explore ways to boost Foreign Direct Investment in the country.

The Director-General of NITDA, Dr Isa Pantami stated this in Abuja, Nigeria’s capital, when a delegation from the Embassy of the United States of America in Nigeria paid him a visit.

Dr Pantami also said both countries will discuss the 2013 Nigerian Guidelines on Local Content Development in ICT.

He therefore urged the Tech giants to come to Nigeria and domesticate their businesses, products and services, adding that NITDA is committed to working with stakeholders to move the country’s IT sector forward.

On his part, the leader of the delegation and the Deputy Economic Counsellor, Mr Michael Carney appealed on behalf of top US Information Technology Companies for a soft, friendly regulation to allow for investment in Nigeria’s IT sector.