Nigeria spends $1 billion yearly on software imports

Nigeria spends $1 billion yearly on software imports

The National Information and Technology Development Agency (NITDA), while relying of data from the National Office for Technology Acquisition and Promotion (NOTAP) revealed that Nigeria spends $1 billion yearly on software imports, many of which have local substitutes. This was said during the TechPlus conference in Lagos this week.

NITDA’s Femi Adeluyi, who revealed this at another panel session at the event, further disclosed that 80 per cent of the request made to Nigeria’s NOTAP is for foreign software.

According to him, the time has come for Nigeria to disrupt the technology world by inventing technologies that innovate and disrupt the existing way of doing things.

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