lol. Nigeria is really an interesting country, theyโll force startups to use local infrastructures but this same Nigeria will go and pay foreign companies to provide services to Nigerians when there are local businesses offering the same thing at same quality and lower cost.
Your government will go to Pluralsight and Udacity to sign Edtech deals as if there are no Edtech operating in Nigeria.
When itโs time for the government to spend money, theyโll spend it on flashy foreign companies without providing supports for local startups, but when itโs time for startups to spend money, they want them to only spend it locally.
All is well
BREAKING: The Central Bank of Nigeria has directed banks, fintech firms, and other payment service providers to store payment transaction data generated within the country on local servers from January 1, 2027, as part of new measures to strengthen oversight of the fast-growing digital payments ecosystem.