Nigeria’s Minister of Communications, Mr Adebayo Shittu has lauded the management of Decode-Secure Technologies for its good presentation on how ICT infrastructures can be developed to a world class asset through a mechanism known as ATOKA, and therefore requested the team to prepare a detailed proposal with specific areas of interests in the ICT Industry to the Federal Government as soon as possible.
Responding to the plan of the United Kingdom based Technology Company to invest in Information and Communications Technology (ICT) infrastructures in Nigeria to the tune of $200 million, he said that the Federal Government would not hesitate to receive foreign investors with genuine investment plans capable of transform the nation’s economy.
Mr Shittu who met with representatives of Decode-Secure Technologies Limited, United Kingdom (UK), in his office in Abuja, said whatsoever proposal submitted from any willing investor would be subjected to critical analysis by both the stakeholders and professionals before any Memorandum of Understanding (MoU) would be signed by the Federal Government.
The Company Secretary and leader of the delegation, Mr. Neill Fraser said it was in recognition of the importance of Information Technology in modern economy and the fact that Nigeria must take its rightful place in Information Technology world that informed the company to visit Nigeria- to find possible areas of partnership with the government.
Fraser who stood in for the Nigerian born founder and Chief Executive Officer (CEO) of the Decode-Secure Technologies Mr. Olayinka Olalekan said their presentation was based on infrastructure planning named ATOKA, a unique property Identification System, which will locate and categorise ‘State of the Art’ technology that is accurate in predictions, among others.
He also said if the ATOKA is adopted in Nigeria, it would be of zero cost to Nigeria as a Government, but would attract $200 million investment from the foreign investors.