March 19, 2019

Nigeria loses $2.8bn yearly to ICT imports – NITDA

Nigeria loses $2.8bn yearly to ICT imports – NITDA

Nigeria is losing about $2.8bn annually to the importation of goods and services in the Information and Communication Technology sector.

The Director-General, National Information Technology Development Agency, Dr. Isa Ibrahim, said this at the opening of the e-Nigeria Conference in Abuja on Tuesday. He also stated that the nation was projected to spend $148.8bn on the importation of ICT products and services by 2019.

Ibrahim said, “Nigeria loses approximately $2.8bn annually from the importation of ICT goods and services, including a whopping $1bn spent annually on software imports. Locally manufactured or assembled computers represent less than eight per cent of all the computers used in the country. Read more

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