Digital Transformation Will Boost the Nigerian Economy – Microsoft

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SWITZERLAND, MAY 26 – The global technology company, Microsoft has highlighted several policy gaps that need to be bridged for Nigeria to reap the long-term benefits of technologies such as cloud computing and artificial intelligence.

In a white paper on digital transformation, the company outlined digital transformation as a means for social and economic development in Nigeria. According to the team, the deployment of these technologies could drive the growth of industries and boost the country’s economy.

Microsoft implored the government to increase the digital and cloud capabilities of public institutions in a bid to sustain the traction of cloud-first policy and other digital transformation initiatives.

The tech company believes that the government needs to strengthen its communications and support for ICT policies while creating an enabling environment.

It was also pointed out that the building of digital and the AI capacity through the creation of the AI knowledge centres across the country as well as the enhancement of scientific research on the adoption.

“Government must optimise its data ecosystem through the development of multi-domain open data repositories that will enhance citizen interaction and amplify the country’s emergency response infrastructure,” it said.

The government was urged to implement the NITDA’s e-Government Interoperability Framework across the public sector and adapt the national education curriculum and delivery methods to align with the fourth industrial revolution.

Microsoft advocated the passage of data protection laws unique to the Nigerian context and which aligned with cutting-edge technologies, technology-neutral and balances innovation with protection.

Commenting on the paper was the Minister of Communications and Digital Economy, Dr. Isa Pantami, who said that the government has recognised the need to focus on digitalisation of the economy as a way to foster inclusivity, growth and skills development for job creation.

This will enable the government, citizens and businesses to achieve more, he said.

“We are working with Microsoft to leverage its technological expertise to enable the transformation that will allow our country to take part in the $11.5tn global digital economy.

“The country has historically been dependent on its oil resources and the revenue received from it as a means for development and growth, making it highly susceptible to the volatility of oil prices. There is massive potential for growth through the digital economy for Nigeria,” he added.

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