The Galaxy Backbone has stressed the significance of cooperating in order to develop efficient and effective digital infrastructures that will fuel and advance our country’s digital economy.
This was disclosed by the Managing Director/CEO of Galaxy Backbone, Professor Muhammed Bello Abubakar who was represented by Group Head, Business Development, Dauda Oyeleye, at the 2022 ICTEL Expo and Exhibition organized by the Lagos Chamber of Commerce.
Prof. Abubakar is hopeful that in a short time, Nigeria would be listed as one of the most advanced digital economies operating out of Africa.
The MD of Galaxy Backbone spoke on “Ensuring An Effective Digital Infrastructure – A PPP Imperative.”
“In the two years, the world and indeed our nation Nigeria has experienced extraordinary times. The amount of data generated across public and private organizations and individuals alike has created new opportunities and experiences still to be well documented and explored.
“The Digital world was accelerated in 2020 during the pandemic, so today we have a lot of transactions going into billions of dollars beginning and ending across different digital platforms and in that way, a lot of data is being generated.
“This Data has to be securely stored somewhere and backed up as well to ensure and prevent unforeseen circumstances. Organizations must continue to devise innovative ways to store and back up their data to ensure business continuity, Prof. Abubakar said.
He further gave the main functions of the Galaxy Backbone as the Digital Infrastructure and shared services platform for public and private organizations.
He said, “We are playing an active role in the Digital Transformation journey of Nigeria being championed by the Honourable Minister of Communications & Digital Economy, Prof. Isa Ali Ibrahim Pantami.
“We are proud of the investment and the work we have done and continue to do in ensuring that the backbone and network infrastructure that is powering Nigeria’s Digital Economy is secure available and efficient.
“Our world-class Tier III Datacentre and soon-to-be-launched Tier IV Datacentre for Cloud and Disaster Recovery purposes are available for everyone and sometime later today, we will take a deep dive into its huge potential for Nigerian Small & Medium Size Businesses, Enterprises, and the government.
 He reminded the audience of the need for collaboration, “We are very clear in minds that we cannot succeed on our own, hence we are determined to collaborate with organizations and platforms like yours in advancing the goals and objectives of our respective organizations.
“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.
“And what better way to do this, than to support what the Lagos Chamber of Commerce is doing?
The eighth edition of the Lagos Chamber of Commerce and Industry’s Information Communication Technology and Telecommunication (ICTEL) Expo has been planned to ensure that stakeholders in the ICT and telecoms space play necessary roles in the government’s recent announcement of a target of $40 billion private capital investment in digital infrastructure by 2025, besides facilitating about $1 billion in private equity.
This is significant for businesses and professionals who will be impacted through skills development, business growth, and sustainability.
The EXPO is a marketplace where Business, Tech & Innovation Collide to explore opportunities in Nigeria’s Digital Economy.
