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Nigerian Cloud Providers Lobby for Local Data Storage Amid Rising Cloud Costs 🇳🇬

Nigerian Cloud Providers Lobby for Local Data Storage Amid Rising Cloud Costs 🇳🇬

#government
#infrastructure
#Data and Policy
#Cloud
#Data Storage
Nigerian cloud companies are making strategic moves to secure government support for local data storage solutions. With the soaring costs of international cloud services, these providers aim to foster local adoption, potentially transforming the nation's cloud infrastructure.

Nigerian cloud providers are actively lobbying the government to prioritize local data storage solutions for hosting sensitive government data, aligning with the 2019 National Cloud Computing Policy. This push aims to mitigate the rising costs due to the naira devaluation, which has significantly impacted cloud service expenses, with some agencies spending up to $500,000 monthly.


Key Highlights:

  • Government Support: Talks are ongoing to make local providers the preferred choice for government data hosting.
  • Economic Impact: Hosting data locally could generate more revenue within Nigeria and alleviate forex burdens.
  • Consortium Plans: Some local cloud companies are considering forming a consortium to strengthen their position.
  • Private Sector Outreach: Efforts are also being made to convince MVNOs and PFAs to host data locally.
  • Incentives: Local providers may offer discounts to attract more businesses.
  • Market Growth: Nigeria’s data center market is projected to reach $578.1 million by 2029, with significant investments from companies like Airtel and MTN.



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