“Nigeria Wants Global Cloud Providers To Build Locally, Accept Naira Payments” — NITDA Says Sovereign Cloud Push Will Cut Costs, Capital Flight And Create Jobs - thenigerialawyer.com
“Nigeria Wants Global Cloud Providers To Build Locally, Accept Naira Payments” — NITDA Says Sovereign Cloud Push Will Cut Costs, Capital Flight And Create Jobs - thenigerialawyer.com
Source: thenigerialawyer.com
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DW NOTE
NITDA wants foreign cloud providers to process Nigerian data in-country and settle invoices in naira — a sovereignty pitch dressed as cost savings. The real tell: "cut capital flight." Nigeria has devalued the naira four times since 2020 and burns through forex reserves defending indefensible pegs. What NITDA calls data sovereignty is actually capital controls with a motherboard.