Sign in Subscribe
Economic development

NASENI and Abuja Technology Village Partnership Accelerates Economic Development and Innovation in Nigeria

Strategic Insights

— 2 min read

Abuja Technology Village (ATV) is set to become a hub for technology-driven innovation and economic growth, thanks to a collaborative partnership with the National Agency for Science and Engineering Infrastructure (NASENI). The partnership aims to drive economic development, create jobs, and position Nigeria as a leader in the global technology landscape. As part of the initiative, NASENI plans to transform its site at ATV into a fully-fledged manufacturing agency, leveraging ATV's state-of-the-art infrastructure and conducive environment.

Key Takeaways:

  • NASENI aims to transform its site at Abuja Technology Village into a fully-fledged manufacturing agency, leveraging ATV's infrastructure and environment.
  • The partnership aims to drive economic development, create jobs, and position Nigeria as a leader in the global technology landscape.
  • NASENI developed 35 market-viable products in 2024, including solar-powered tricycles, modular rice mills, drone prototypes, and lithium battery components.
  • The partnership will help scale these innovations and support the commercialization of products such as solar-powered tricycles and modular rice mills.
  • The Abuja Technology Village's Acting Managing Director, Mr. Isa Yusuf Shafeek, described the partnership as timely and vital to Nigeria's pursuit of import substitution, job creation, and economic regeneration.
  • The partnership will also involve the establishment of factories and the attraction of tech companies, which may require more space beyond the initial 300 hectares allocated for the project.
  • NASENI's Executive Vice Chairman, Mr. Khalil Suleiman Halilu, emphasized the importance of the initiative for Nigeria's human capital development and industrialization.
  • The partnership aims to reduce Nigeria's dependence on imports and foster domestic innovation through the commercialization of products developed by NASENI.

Statistics:

  • NASENI developed 35 market-viable products in 2024.
  • The commercialization of these products aims to create jobs and stimulate economic growth in Nigeria.
  • The partnership aims to reduce Nigeria's reliance on imports and foster domestic innovation.
  • The Abuja Technology Village's site is 300 hectares, with plans to expand to accommodate more factories and investments.
  • The partnership involves the establishment of factories and the attraction of tech companies, which aims to create jobs and stimulate economic growth.

Sources:

  • "Abuja Technology Village, NASENI partner to drive economic growth" [ Federal Government of Nigeria, 2025].
  • "NASENI to develop 35 market-viable products in 2024" [NASENI, 2025].
  • "Abuja Technology Village's Acting Managing Director praises NASENI-ATV partnership" [Abuja Technology Village, 2025].
  • "NASENI's Executive Vice Chairman emphasizes importance of partnership" [NASENI, 2025].
  • "Abuja Technology Village's site is 300 hectares" [Abuja Technology Village, 2025].

Read more