The National Information Technology Development Agency (NITDA) has reiterated that strong and reliable digital infrastructure remains essential for attracting investment, enhancing competitiveness, and driving sustainable growth within Nigeria’s startup ecosystem.
This position was presented during the Africa Fintech Foundry Ecosystem Roundtable 7.0, a virtual engagement held on Friday, May 8, 2026, with the theme: “The Capital Reset: What Technologies Are Still Fundable in Africa?”
Representing the Director General of NITDA, Dr. Muhammad Aminu emphasised that investors are increasingly interested in startups operating within environments supported by dependable digital infrastructure and clear, predictable regulatory frameworks.
According to him, digital infrastructure extends beyond internet connectivity to include cloud computing systems, digital identity frameworks, payment infrastructure, data exchange platforms, interoperability standards, cybersecurity architecture, and emerging artificial intelligence technologies.
He noted that these foundational systems help reduce operational barriers for startups, allowing founders to concentrate on innovation, customer acquisition, and business expansion rather than building critical infrastructure independently.
From an investment perspective, Aminu explained that robust digital infrastructure lowers uncertainty and operational risks, improves scalability, and significantly reduces the cost of expansion, thereby making startups more attractive to both local and international investors.
He further highlighted several government-backed initiatives designed to strengthen Nigeria’s digital ecosystem. These include sovereign cloud projects, data interoperability frameworks, cloud adoption policies, cybersecurity and data governance reforms, as well as the implementation of the Nigeria Startup Act.
Aminu also stressed the importance of regulatory clarity and policy consistency in sustaining investor confidence within the technology sector.
In addition, he said NITDA is prioritising human capital development through the 3 Million Technical Talent (3MTT) programme, describing skilled manpower as a critical component of digital infrastructure.
He concluded that a strong and well-structured digital infrastructure framework would not only lower the cost of innovation but also strengthen investor confidence and support the long-term growth of Nigeria’s startup ecosystem.
