Nigeria's communications minister, Adebayo Shittu, has reportedly struck a deal worth $4 billion for the telecommunication sector with Indian investors in Geneva.
The minister who led the Nigerian delegation to the just concluded World Summit on the Information Society (WSIS FORUM 2017), In Geneva, Switzerland, will be meeting the investors in July to finalise the deal.
Shittu who reportedly extended a hand of fellowship to Indian investors and leading telecom stakeholders, spoke on the capabilities in Nigeria, its transparency and the new set of business ethos under President Muhammadu Buhari. He said these qualities were needed by any country for investors to be engaged in legitimate businesses without hindrances.
At the end of his presentation, some Indian entrepreneurs offered to pull resources together in excess of $4 billion for investment in Nigeria’s telecom sector with emphasis on rural telephony and grassroots development.
