The Minister of Communications, Barrister Abdul-Raheem Adebayo Shittu has said that the Nigerian investment market is big and boisterous enough for prospecting investors and that the present administration of President Muhammadu Buhari will provide enabling environment needed for investment.
Barr. Shittu said this on Tuesday while receiving the management team of YAS RIH Group that was in his office to present the company’s intention to partner with the Nigerian government in the area of digital transformation solutions and telecommunications operations.
He said the administration has resolved to make Nigeria’s business environment safe and conducive for investors in various business fields in view of her determination to truly diversify the economy from a mono-product economy to an all inclusive one.
While stressing that the country’s regulatory processes are open, effective and transparent, the minister urged the ICT firm to fully comply with all regulatory guidelines set for intending ICT operators by the Nigerian Communications Commission (NCC).
Barr. Shittu therefore urged YAS RIH Group to put together a proposal through the NCC while assuring them that the Nigerian government through the Ministry of Communications will not hesitate in approving license to the firm to operate in the country.
Leader of delegation, Ayman Al Rlfai who is the PA to His Royal Highness, Prince Fahad Bin Magrin Bin Abdul Aziz Al Saud delivered the goodwill message of the Saudi monarch who was unavoidably absent at the presentation.
Presenting the company’s profile, the Chief ICT Officer, Mr. Francois Hannouche is ready to bring its expertise experience in Digital Transformation Solution and Telecom Infrastructures Operations to impact positively on Nigeria’s economy.
He assured that the company, if given the opportunity to operate in Nigeria, will bring both direct and indirect impact on the nation’s GDP.
Stressing that data is the new oil in the global market ,he said data trends and infrastructure presence have resulted in regional data hub. He lauded operators in the Nigerian telecom sector such as MTN Glo, Airtel and Etisalat for their international ratings.
Hannouche said YAS RIH Group supports Digital Transformation Projects and that it build, operate and transfer; 4G Mobile Network, National Satellite Teleport, A Digital Transformation and Data Centers and Internet Exchange Points.
The visiting team include; Abdulmanaf Muhammad, Vice Chairman of YAS RIH International, Wad Tawil, CEO, YAS RIH International, Dave Cain, Abdullahi Garba, MD, Forsysthia, and Muhammad Saed.
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