Jidaw Systems
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Government effort to boost for Nigeria's Software Industry


Nigeria's Federal Government has set up a ministerial committee to provide an enabling environment for the growth and development of Nigeria's software industry. President Olusegun Obasanjo setup the committee at the formal launch of the Nigerian Software Development Initiative (NSDI) and brand name "Software Nigeria". According to the Chairman of the NSDI and Chief Executive of Zenith Bank, Mr. Jim Ovia, the size of Nigeria's software industry is estimated to be over N15 billion - "The life of Nigeria's software industry is currently estimated at over N15 billion".

Members of the ministerial committee include: the Ministers of Science and Technology (Chairman), Education, Finance (State), Industry and the Federal Capital Territory. Based on the President's directive, these ministers at the government level are responsible for providing the right environment for the growth of the software industry in Nigeria. The committee is expected to meet regularly and submit quarterly reports.

President Obasanjo also accepted the request of the NSDI to make use of one half of a wing of the Federal Secretariat, Ikoyi, Lagos, for the setting up of the pioneer Software Park with modern facilities on a lease of about 10 years.

NSDI also recommended that the development of software industry should be regarded as a national priority. It also requested for the setting up of a Nigerian Software Commission as well as support - legal, regulatory, institutional and patronage to the local software software industry. A potential market for software opportunity is Nigeria's fast growing Telecom sector. Software opportunities exist in the areas of telecom software, telecom billing software, telecom audit, telecom reports, telecom analysis and telecom expense management.

According to Ovia, "Given the estimated global market of over $260.0 billion, it is our belief that a modern, globally competitive software industry in Nigeria would not only dominate the local and West African markets, but will also capture a commensurate share of this global market within the next few years. The importance of this market share is exemplified by the fact that 0.05 per cent translates to $1.3 billion. He stated further that studies indicate that "the industry (Software) has the potential for being the single largest contributor to Gross Domestic Product (GDP) within the next five years, if well harnessed".

More on Nigeria's IT and Telecom sector:

 

Nigeria's National IT Policy  

Nigeria: Bridging the Infrastructure Divide  

List of Software Providers in Nigeria

IT and Telecomm Bodies in Nigeria  

Government approves Technology village

Get IT Updates, Tips, Career guides in your FREE Newsletter. Plus regular news on Nigeria's IT & Telecoms

Telecom Business & Providers in Nigeria

 

 

Your Guide to taking the Right IT Career Decisions


 

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