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Nokia Networks to expand R&D investments in Nigeria

EditorPollock Mondal
Published 11/27/2023, 05:45 AM
© Reuters.
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In a significant move to bolster Nigeria's digital economy, Dr. Aminu Maida, the newly appointed chief telecom regulator by President Bola Tinubu and Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), met today with representatives from Nokia (HE:NOKIA) Networks. The delegation was led by Finland’s Deputy Minister Jarno Syrjala, and the meeting centered around increasing research and development (R&D) investments in Nigeria.

Dr. Maida emphasized the importance of technology transfer and technical skills acquisition for Nigerian youths, outlining an ambitious plan to train three million individuals in ICT skills to prepare them for the evolving digital economy. He pointed out that R&D is essential for fostering innovation and enhancing local content development within the country.

Deputy Minister Syrjala acknowledged Nokia's ongoing commitment to Nigeria, highlighting the company's existing R&D center and its partnerships aimed at delivering high-performance and secure network systems. These efforts are integral to supporting Nigeria's plans to expand its digital infrastructure.

The discussions suggest a potential increase in Nokia’s investments in Nigeria, which would align with President Tinubu's objectives for technological advancement and youth employment in the region. This partnership is expected to play a critical role in driving progress in the ICT sector and contributing to economic growth.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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