Nigeria to lose 20 thousand potential jobs to South Africa
The IT giant cited a combination of poor power generating capacity; harsh business climate; foreign exchange volatility; corruption, and a host of others, as the impediments to investment in Nigeria.
The Senior Programme Manager, Microsoft Azure’s Blockchain-as-a-Service, Michael Glaros, at a forum in Lagos, hinted that the firm spent about $15 billion on each of its Data Centre infrastructure across the globe.
Microsoft has Data Centres covering 40 regions across the globe, more regions than any other cloud provider. A single Data Centre is capable of creating between 5,000 and 10,000 jobs directly and indirectly. The implication of Nigeria missing this investment, according to experts, is that if Microsoft had considered Nigeria, significant amount of jobs would have been created and the ever growing unemployment gap in the country would have been further bridged.