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200 jobs at risk as Microsoft shuts down centre in Nigeria
In a significant setback to Nigeria’s burgeoning tech industry, reports suggest that Microsoft is considering the closure of its African Development Centre based in Lagos.
This move, if confirmed, would have profound implications for the country’s technological landscape, potentially impacting job opportunities and innovation in the sector.
According to industry insiders who spoke to The Guardian newspaper on Tuesday, Microsoft informed staff on Monday of the closure plans.
According to reports from the newspaper, affected employees are slated to receive salary payments up until June and will continue to be covered by health insurance.
However, an unnamed source within Microsoft’s Lagos office neither confirmed nor refuted the closure when approached by the newspaper.
While the precise motives behind the decision remain ambiguous, sources suggest Nigeria’s challenging economic conditions likely played a role.
The closure appears to affect only the ADC’s West Africa operations in Nigeria, not its East Africa facility in Nairobi, Kenya.
Microsoft launched its $100 million African Development Centers initiative in 2019, establishing facilities in both Lagos and Nairobi.
The Nigeria centre employed over 120 engineers upon launch in 2022, growing to more than 200 total staff members.
At the time, Gafar Lawal, Managing Director of Microsoft ADC West Africa, said as quoted by The Guardian, “We intended to recruit 500 full-time engineers by the end of the year or by 2023. However, currently, we have exceeded 500. This is to tell you about the abundance of talents we have in Africa.”
The Lagos Centre was inaugurated to develop innovative technology solutions to address challenges across Africa and globally.
A Microsoft statement stated, “This also creates opportunities for engineers to do meaningful work from their home countries and be plugged into a global engineering and development organisation.”
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Reps Quiz Federal Polytechnics Damaturu, Mubi, Monguno Over Infractions
By Gloria Ikibah
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Obasanjo narrates how he escaped becoming drug addict
Former President Olusegun Obasanjo has revealed how he almost became a drug addict.
He spoke in Abeokuta over the weekend at the second edition of ‘Fly Above The High’ anti-drug campaign conference organised by the Recovery Advocacy Network.
Obasanjo stated that smoking during his youthful age led to chronic coughing and almost became an addiction.
The former President, while lamenting the increase in drug abuse among Nigerians and other West Africans, urged Nigerian students and young people to refrain from abusing psychoactive drugs, saying that they ruin life rather than enhance it.
“If I had persisted, I could have become addicted. Once you get involved, it is difficult to get out.
“There’s nothing drug can do for you except destruction.
“We found out that West Africa has equally been a centre for drug consumption in a very bad way. That was more than 10 years ago, so the situation has since gone worse. And whatever applies to West Africa applies to all other parts of Africa,” Obasanjo said.
He cautioned against stigmatization and urged individuals who are already addicted to psychoactive drugs to get help.
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We saved $20bn after Petrol Subsidy Removal and FX Rate Reforms, Says Finance Minister
Wale Edun, minister of finance and coordinating minister of the economy, says Nigeria has saved $20 billion from petrol subsidy removal and market-based pricing of the foreign exchange rate.
Edun spoke at a ceremony recently held to mark the first 100 days in office of Esther Walso-Jack, head of civil service of the federation, in Abuja.
“An amount of five per cent of GDP is what those two subsidies were costing when there was a subsidy on PMS; when there was petroleum product generally for a long time and when there was a subsidy of foreign exchange. Between them, they were costing five percent of GDP,” he said.
“If you say GDP was on average, let’s say $400 billion. We all know what five percent of that is – $20 billion of funds that could be going into infrastructure, health, social services, education.”
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