The Nigerian Government has unveiled a National Digital Cloud Policy aimed at attracting $750 million in private investment in Nigeria’s cloud and data infrastructure over the next 24 months.
The policy, introduced by the Federal Ministry of Communications, Innovation and Digital Economy, is designed to expand local cloud and data centre capacity, create employment, and strengthen Nigeria’s digital infrastructure.
The government plans to mobilise $250 million in private investment in the first year, then raise the target to $750 million by the end of the second year.
Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, said the policy would help Nigeria move from relying mainly on foreign cloud infrastructure to developing the infrastructure, skills and digital services needed to compete in the global digital economy.
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The policy also seeks to increase compliant hosting capacity in Nigeria, encourage regional digital-service exports and support the expansion of the local cloud industry.
It further places emphasis on data protection, cybersecurity, local content, digital skills and investment mobilisation as key pillars for building a stronger and more resilient cloud ecosystem.
The government said the initiative is expected to strengthen Nigeria’s position as a regional hub for cloud computing, data hosting and digital services.
