The Federal Ministry of Innovation, Science, and Technology has recently sealed a significant deal with Domineum/Edenbase UK to spearhead the development of Abuja Tech City.
In a signing ceremony held in Abuja, Minister Uche Nnaji formalized the agreement on behalf of the government.
Expressing Nigeria’s eagerness for this collaboration, Minister Nnaji highlighted that the memorandum of understanding (MoU) sets the stage for a strategic partnership facilitating technology transfer between the UK consortium and the federal government.
Drawing inspiration from the immense success of London Tech City, which amassed over 61 billion pounds in its fifth operational year, Nnaji is optimistic about replicating such achievements in Nigeria.
Emphasizing the pivotal role of Tech Cities in driving industrialization and fostering synergies across sectors, the Minister announced that Abuja Tech City will operate as a Free Trade Zone.
Envisioned as a futuristic hub encompassing tech startups, industries, educational institutions, recreational facilities, and governmental initiatives like the Clean Tech Program and Green Manufacturing Initiatives, Abuja Tech City aims to emulate the transformative impact of its London counterpart.
The project’s genesis traces back to the concept of Abuja Tech Village (ATV) under former President Olusegun Obasanjo’s administration. Recently, Ministers Nnaji and Nyesom Wike, alongside other officials, unveiled ambitious plans to elevate the area into a globally renowned technology hub akin to Silicon Valley and London Tech City.
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The eviction of illegal occupants from the site marks a crucial milestone towards realizing this vision, signaling the project’s momentum and determination to unlock its full potential.