HomeBusinessCheaper smartphones coming? FG backs plan to build phone factories in Nigeria

Cheaper smartphones coming? FG backs plan to build phone factories in Nigeria

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The NCC is seeking federal government incentives to attract investors to establish smartphone manufacturing factories in NigeriaThe initiative aims to reduce smartphone prices, create jobs, boost local manufacturing and expand digital access for millions of NigeriansThe NCC also proposed smartphone instalment payment schemes to make devices more affordable and accelerate digital inclusion across the country

Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.

The Federal Government is considering plans to establish smartphone manufacturing plants in Nigeria as part of efforts to lower the cost of mobile devices, expand digital access and create jobs across the country.

Chairman of the Governing Board of the Nigerian Communications Commission (NCC), Idris Olorunnimbe, disclosed that discussions were underway to secure presidential incentives for investors willing to set up smartphone production facilities in Nigeria.

FG Moves to Back Local Smartphone Manufacturing as NCC Seeks Investor IncentivesFG Moves to Launch Smartphone Factories in Nigeria to Slash Phone Prices, Create Jobs
Source: UGC

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