The Federal Ministry of Innovation, Science, and Technology has formalised a collaboration with Domineum/Edenbase UK through the signing of a Memorandum of Understanding (MoU) for the development of Abuja Tech City. The MoU, signed by the Minister of Innovation, Science, and Technology, Uche Nnaji, sets the stage for a strategic partnership aimed at fostering technology transfer and collaboration in the establishment of Abuja Tech City.
Minister Uche Nnaji expressed confidence in Nigeria’s potential to replicate the success of the London Tech City, which generated over 61 billion pounds in its fifth year of operation. The partnership envisions Abuja Tech City as a full-fledged smart and green city, encompassing tech-driven startups, industries, entertainment, schools, parks, and serving as the headquarters for the Ministry of Innovation, Science, and Technology’s Agenda 8 and 9. These initiatives include the Clean Tech Program and Green Manufacturing Initiatives.
One notable aspect of Abuja Tech City is its designation as a Free Trade Zone, aligning with the global trend of technology hubs catalysing rapid industrialisation and fostering collaboration across critical sectors. The development consortium involved in Abuja Tech City is the same that successfully executed the London Tech City, making it the second most valuable tech ecosystem globally after Silicon Valley.
Vision for Abuja Tech City Ecosystem:
The Abuja Tech City Ecosystem aims to be a transformative force, mirroring the success stories of renowned global tech hubs. Minister Uche Nnaji emphasized the project’s commitment to progress, innovation, and the creation of an environment conducive to tech-driven advancements.
Background and Project Evolution:
Originally conceptualised as Abuja Tech Village (ATV) during the administration of former President Olusegun Obasanjo, the recent developments signal a renewed focus on turning the area into a world-class technology hub. The site, located in Pyakassa, has been envisioned to rival prominent tech cities such as the Technology City of London and Silicon Valley.
The recent directive for illegal occupants to vacate the premises marks a crucial step in realising the full potential of the Abuja Tech City project. Compensation for the indigenous community had been addressed since 2015, clearing the path for the management to take complete possession of the land.
As Nigeria positions itself for a tech-driven future, Abuja Tech City emerges as a key initiative to propel the nation into a globally competitive technology ecosystem. The collaborative efforts with UK developers signify a commitment to leveraging international expertise and experience in achieving this transformative vision.
