• Home
  • Africa’s Innovation Frontier
  • Africa’s Future Tech
  • Investor Hotspots
  • Reports
  • Home
  • Africa’s Innovation Frontier
  • Africa’s Future Tech
  • Investor Hotspots
  • Reports
Home Tech Policy in Africa

President Buhari is Dead: How Nigeria’s Late President Rewired the Continent’s Largest Tech Ecosystem

by Ifeanyi Abraham
July 14, 2025
in Tech Policy in Africa
Reading Time: 4 mins read
President Buhari is Dead: How Nigeria’s Late President Rewired the Continent’s Largest Tech Ecosystem
Share on FacebookShare on Twitter

How a former infantry officer used broadband, fintech and a flurry of policy experiments to push Nigeria toward a new kind of commodity: code.

Muhammadu Buhari died in London on 13 July 2025, aged 82, closing the chapter on a career that stretched from the battlefields of the Biafran War to the ballot boxes of Africa’s largest democracy. His economic scorecard will be argued for years, yet on technology he leaves a record that even critics acknowledge is the most consequential since independence. His eight-year presidency coincided with the moment Silicon Valley’s cheque books and Nigeria’s own founders began treating Lagos as Africa’s default launchpad, turning software into a headline export alongside crude.

Between 2015 and 2023 his State House embraced broadband as infrastructure, courted venture capital, experimented with a central-bank digital currency and wrote the continent’s only full-scale Startup Act. Nigeria, long defined by hydrocarbons, emerged from his tenure with a second growth story centred on software talent and digital rails. This essay unpacks the achievements, the contradictions and the unfinished business of Buhari’s digital agenda. 

1. From Petroleum to Platforms

Early in 2019 Buhari approved a rename of the Communications Ministry, adding “Digital Economy” and giving it cabinet-level clout. The change embedded hard targets in the national growth plan and forced every ministry to produce quarterly tech scorecards that landed on the President’s desk. 

2. Wiring the Nation

The National Broadband Plan 2020 to 2025 set a minimum download speed of 25 Mbps in cities and 10 Mbps in rural districts, with a goal of 70 percent population coverage by 2025. Private-sector tower companies responded with fresh capital, though insecurity in the north-east still slows fibre roll-out.

3. Fintech Firsts: the eNaira

On 25 October 2021 Buhari launched the eNaira, Africa’s first central-bank digital currency. By March 2025 wallet creation had climbed to 13 million, yet the IMF rates real-world usage as negligible. Even so, the project signalled official willingness to test new rails for payments at continental scale. 

4. The Startup Act and Capital Clinics

Buhari signed the Nigeria Startup Act in 2022 after rare co-drafting sessions with founders. The law created a one stop secretariat, tax holidays of up to 5 years and a fintech sandbox. Hundreds of companies have already secured the coveted “startup label”, unlocking pioneer status incentives. 

5. Data Privacy and Consumer Trust

Ahead of a full Data Protection Bill reaching the Senate, Buhari’s team issued the Nigeria Data Protection Regulation in 2019. Banks and telcos must now file annual audits and face fines that recently crossed the ₦500 million mark for single offences. 

6. Electronic Government and Doing Business

Corporate registration, passport renewals and customs filings moved online under a presidential digital-economy council. Nigeria rose 39 places in the World Bank ease-of-doing-business ranking between 2016 and 2021, its best run on record.

7. Dark Spots on the Canvas

The same presidency that courted Silicon Valley also blocked Twitter for 222 days after the platform deleted a Buhari tweet in 2021. Internet shutdowns appeared during regional protests, and journalists faced cyber-crime charges. Investors learned that policy certainty could vanish overnight. 

8. Human-Capital Surge

Government programmes such as N-Power Tech and Digital Skills Nigeria claim 5 million certificates issued, while Google pledged to train 500 000 developers. Yet graduate unemployment stayed near 30 percent, fuelling the “japa” talent exodus.

9. Venture Outcomes and Global Optics

African startups attracted more than $20 billion in VC between 2015 and 2024, with Nigerian firms securing roughly one quarter. Paystack sold to Stripe for $200 million in 2020, Flutterwave topped $3 billion in valuation and Andela exported coders worldwide. Buhari’s defenders cite these deals as evidence that supportive policy unlocks capital even in stormy macro cycles. 

10. Verdict

Buhari was no digital messiah but neither was he a Luddite. He treated code as a sovereign asset yet sometimes smothered the internet in the name of security. He leaves behind laws, councils and unfinished fibre trenches that can either power an inclusive renaissance or decay into monuments of lost momentum. The choice now rests with his successors, investors and a restless generation of builders who grew up under his digital decade.

Five Numbers that Tell the Story

  1. 70 percent targeted broadband coverage by 2025. 
  2. 13 million eNaira wallets created by March 2025. 
  3. ₦555.8 million data-privacy fine levied on a single bank in 2024. 
  4. 222 days of Twitter suspension between 2021 and 2022. 
  5. 39-place climb in the World Bank business ranking 2016 to 2021. 
ADVERTISEMENT
Previous Post

Obama Takes Jerry Seinfeld for a Drive Around the White House

Next Post

Payaza’s Triple Credit Rating Breakthrough Sets a New Benchmark for Nigerian Fintech Governance and Continental Leadership

Ifeanyi Abraham

Ifeanyi Abraham

Ifeanyi Abraham is a communications strategist, AI product specialist, and award-winning journalist shaping narratives at the intersection of technology, media,...

Recommended For You

CBN Imposes Exclusive Partnerships and Slashes Daily Limits to N1.2 Million on Nigeria’s POS Agents
Business

CBN Imposes Exclusive Partnerships and Slashes Daily Limits to N1.2 Million on Nigeria’s POS Agents

by Faith Amonimo
October 10, 2025
0

The Central Bank of Nigeria has imposed new rules that will force every Point-of-Sale agent to make tough choices. Starting April 1, 2026, the country's 2 million POS agents can...

Read moreDetails
President Tinubu Signs NIIRA 2025 Into Law: What It Means for Nigerian Startups

Nigeria Names Four Startup Founders to Drive National Innovation Agenda

October 7, 2025
Spotify Removes 75 Million AI Tracks as Platform Launches New Music Protection Rules

Spotify Removes 75 Million AI Tracks as Platform Launches New Music Protection Rules

September 29, 2025
Nigeria’s Amended Cybercrime Act: A Double Edged Sword

Nigeria’s Amended Cybercrime Act: A Double Edged Sword

September 8, 2025
Bank of Ghana Suspends Flutterwave, Others Over Remittance Violations

Bank of Ghana Suspends Flutterwave, Others Over Remittance Violations

September 5, 2025
Next Post
$10M In, $10M Out, 0% Equity Lost: Payaza’s Debt Play Signals a New Era for African Startup Funding

Payaza’s Triple Credit Rating Breakthrough Sets a New Benchmark for Nigerian Fintech Governance and Continental Leadership

Retirees, It May Be Time To Get Your Head Out Of The Sand

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Subscribe to our Newsletter

Recent News

Lagos needs a subway

Lagos Needs a Subway: My First Impression of a City Stuck in Traffic

October 28, 2025
Software course developer

In the Age of AI Coding, Do You Still Need That Software Course?

October 28, 2025
Can AI Predict Nigeria’s Next Food Price Shock?

Can AI Predict Nigeria’s Next Food Price Shock?

October 28, 2025
Africa’s English Premier League Obsession Goes Digital

Africa’s English Premier League Obsession Goes Digital

October 27, 2025
FATF

Nigeria Is Now Off the FATF Grey List: What It Means for Nigerian Tech Startups and the Future of Digital Finance

October 24, 2025

Where Africa’s Tech Revolution Begins – Covering tech innovations, startups, and developments across Africa

Facebook X-twitter Instagram Linkedin

Quick Links

Advertise on Techsoma

Publish your Articles

T & C

Privacy Policy

© 2025 — Techsoma Africa. All Rights Reserved

Add New Playlist

No Result
View All Result

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?