The Federal Government on Tuesday said the proposed Information and Communications Technology (ICT) University would take off in September 2017.
The Minister of Communications, Mr. Adebayo Shittu made the disclosure at the 13th International Conference of the Nigeria Computer Society in Abuja.
Shittu also disckosed that the Federal Government will soon establish a specialised bank to cater for the development of the Information and Communications Technology industry.
Justifying the decision to establish an ICT development bank, Shittu said the regular banks could not cater to the needs of operators in the ICT industry because of the time it usually takes to develop ICT products and services from conception to the market.
The minister said the proposed bank was provided for in the ICT road map, which had been approved by the Federal Executive Council.
“I am happy to inform you today that the Information and Communications Technology Roadmap has been approved by the Federal Executive Council. The ICT roadmap is a fundamental component of the Economic Recovery and Growth Plan 2017-2020 of the Federal Government,” he stated.