Skip to content
August 15, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • LAGOS, RACK CENTRE TO STRENGTHEN DIGITAL POSITION IN THE GLOBAL MARKET
  • Business & Economy

LAGOS, RACK CENTRE TO STRENGTHEN DIGITAL POSITION IN THE GLOBAL MARKET

Admin April 28, 2023

April 28, 2023

In a move to improve the digital needs of Lagos State, the Governor, Mr. Babajide Sanwo-Olu said the state government has embarked on a series of initiatives and programmes that will make the state one of the most digitised cities in Africa.

The Governor who disclosed this on Thursday at the groundbreaking of the Rack Centre 12MW IT Power Capacity Data Centre Facility, urged the Companies with foreign IT workloads and services to relocate their assets locally thereby strengthening Lagos’ position in the global IT market.

Sanwo-Olu, who was represented at the event by the Deputy Governor, Dr. Kadri Obafemi Hamzat, stressed that several efforts have been put in place by the present administration in making Lagos a significant IT Hub in Africa.

He said, “From our 3000km metropolitan fibre optic project to our Electronic Geographic Information System and our Smart City initiatives and implementations, Lagos is poised to be a significant IT hub for the region and the groundbreaking is lock-step and in line with the future outlook of Lagos.

Today’s groundbreaking is a testament to the trust and faith investors and the wider Lagos IT market have in this company. A significant expansion like this presents the opportunity not just for growth in services, but also allows for a pushing of the technology envelope”.

Sanwo-Olu added that the company’s neutral status and local interconnect ambitions would further strengthen Lagos’ position as a digital economic centre.

Speaking further, the Governor noted that in 2021, investments in data centre infrastructure domiciled in Lagos grew by over a billion dollars, a development attributed to the enabling environment and captive market Lagos provides. He expressed optimism that demand for future Rack centre services is already available within the market from both a private and public sector perspective.

The Governor stated that increasing IT infrastructure utilisation caused by the proliferation of technologies such as Artificial Intelligence, Machine learning, Blockchain, Software Defined Networks, Smart cities and so on aptly demonstrates the fact that the State Government is at an inflection point in the way they conduct business.

Earlier in his address the Group Chief Executive Officer (CEO) Rack Centre, Jasper Lankhorst stated that the event marks a milestone not only for the Centre but for Lagos State, Nigeria and West Africa as it is meant to support a rapidly evolving interconnectivity society.

He added that the company is now investing in a high-class digital centre as it is building a 12MW IT Power Capacity Data Centre Facility aimed at enhancing IT service not only in Nigeria but in Africa as a whole and this is just the starting point for the centre.

In his welcome address, the Chief Operating Officer, Ezekiel Egboye disclosed that the groundbreaking ceremony is part of an effort to expound the company’s capacity by ten folds and consolidates its leadership as a major digital infrastructure hub in West Africa.

He stated further that the Lagos Campus Data Centre has grown to be the largest carrier and cloud-neutral digital infrastructure hub and as such, the company needs to expound its thriving ecosystem.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Ezekiel Egboye Jasper Lankhorst Kadri Obafemi Hamzat Rack Centre Sanwo-Olu

Post navigation

Previous Education: We’re committed, there must be no compromise on quality – Education Minister
Next Nigeria has fourth largest number of diasporans outside Africa – AfDB

Related Stories

Oil climbs over $1 on tanker attacks, no progress on peace reserves crude oil
  • Business & Economy

Oil climbs over $1 on tanker attacks, no progress on peace

August 14, 2026
NUPRC Proposes Domestic Crude & Gas Swap to Boost Supply, Cut Costs PIA
  • Business & Economy

NUPRC Proposes Domestic Crude & Gas Swap to Boost Supply, Cut Costs

August 14, 2026
Nigeria’s Dangote refinery plans retail-focused IPO, no foreign listing for now
  • Business & Economy

Nigeria’s Dangote refinery plans retail-focused IPO, no foreign listing for now

August 14, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Osun 2026: Osun Assembly Member, 146 Suspected Political Thugs Arrested Over Alleged Electoral Subversio Police
  • National News

Osun 2026: Osun Assembly Member, 146 Suspected Political Thugs Arrested Over Alleged Electoral Subversio

August 15, 2026
Police nabs 10 suspected human parts merchants in Oyo Police
  • National News

Police nabs 10 suspected human parts merchants in Oyo

August 15, 2026
Military eliminates 65 terrorists, rescues 34 kidnap victims in 1 week onyeuko
  • National News

Military eliminates 65 terrorists, rescues 34 kidnap victims in 1 week

August 15, 2026
NPFL–Murphy Ben International Deal: Meet The YouTube Powerhouse Behind The Partnership
  • Sports

NPFL–Murphy Ben International Deal: Meet The YouTube Powerhouse Behind The Partnership

August 15, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.