Prof. Mohammad Abubakar, Managing Director, Galaxy Backbone Ltd., (GBB), said public-private partnership (PPP) was essential to providing efficient digital infrastructure in accelerating digital transformation, through collaborations and effective communication across borders.
Abubakar was represented by Mr Dauda Oyeleye, Group Head, Business Development, GBB stated this at the at the Lagos Chamber of Commerce and Industry (LCCI) Information Communication Technology and Telecommunication (ICTEL) Expo in Lagos.
He said to further solidify GBB the company created an Enterprise Business Group (EBG) tasked with the sole responsibility of managing private customers as well as structured partnerships.
He stated that GBB had a pervasive fibre connectivity network across the nation, which the private sector could key into.
“We have established partnerships with managed service providers, real estate developers, as well as other local organisations to reach the goal of attaining a digital Nigeria.
“Our state-of-the-art infrastructure has been instrumental in sealing these deals and the partnerships just keep getting better.
“GBB has taken steps to secure public confidence in the use of its digital infrastructure, through trusted international third-party attestations and would continue to redefine collaboration within and outside the country,” he said.
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The Galaxy Backbone Boss also noted that the company will always maintained its stance as a collaborator and not competitor to the private operators in the ICT sector.
“As we evolve as an organization, we are aware of the need to establish great partners who would work with us in line of our vision of being the leading enabler of Digital inclusion in Africa.
“We are very clear in minds that we cannot succeed on our own, hence we are determined to collaborate with organisations and platforms like yours in advancing the goals and objectives of our respective organisations. With ICT today contributing almost 19% to our nation’s GDP and the realities of our vibrant and energetic young population of innovative tech entrepreneurs spanning out from different parts of this city of Lagos and across the country and the realities of our growing digital economy, we are poised as an organization to reposition ourselves and advance the growth and prosperity of our nation
“I will like to emphasize that it is important that we all keep working together towards creating effective and productive Digital Infrastructures that will power and propel our nation’s Digital Economy”.
Prof. Abubakar also expressed hope that in a short time, Nigeria would be listed as one of the most advanced digital economies operating out of Africa.
On his part, Dr Michael Olawale-Cole, President, LCCI, said the theme was in view of the fact that the Federal Government had announced a target of 40 billion dollars private capital investment in digital infrastructure by 2025, beside facilitating about 1 billion dollars in private equity.
In his welcome address, he added that government recently inaugurated the National Council on Infrastructure, with a plan to double Nigeria’s infrastructure stock of the Gross Domestic Product (GDP) from the prevailing 35 per cent to about 70 per cent.
The LCCI president said the 2022 ICTEL EXPO would give deserved focus to digital infrastructure because, over the decades, next to corruption, poor infrastructure was Nigeria’s greatest socio-economic development challenge.