Nigeria To Benefit From $4trn Digital Service Exportation Market

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Abdullahi Kashifu
The director-general, National Information Technology Development Agency, Mallam Kashifu Abdullahi.

The National Information Technology Development Agency (NITDA) and Nigerian Export Promotion Council (NEPC) have forged an alliance that could enable Nigeria to benefit from the annual $4.7 trillion exportation of digital service.

This alliance is in line with the digital innovation and entrepreneurship pillar of the NITDA’s 2021-2024 Strategic Roadmap and Action Plan recently launched.

This was made known during a press briefing hosted by the outgoing NEPC executive director, Mr. Segun Awolowo, to commemorate the consolidation and partnership between both organisations. 

In his remarks, the NITDA director-general, Mallam Kashifu Abdullahi – represented by the acting director, corporate planning and strategy (CPS), Dr. Aristotle Onumo – said the partnership is aimed at facilitating the exportation of digital services.

He added that more partnerships of this nature from the public and private sectors would bring out synergy, exchange of ideas and knowledge-sharing among them.

He emphasised that the digital innovation and entrepreneurship pillar of SRAP enables NITDA to easily collaborate with relevant stakeholders in the exportation of indigenous services.

“It would not have been so for NITDA to collaborate with sister agencies that have similar visions to drive the digital economy to its rightful place in Nigeria.”

During his remarks, Awolowo averred that the partnership has provided about N150 million support grants to innovation hubs across three geopolitical zones in Nigeria.

He said about N300million in grants to support start-ups exporting and have potential to export services in entertainment tech, Fintech, Edutech and Logisticstech sectors.

“We are also providing support to drive advocacy to ensure that the Nigerian Start-up Bill is passed by the end of the year.”

He noted that, due to the level of inter-agency collaboration between NITDA and NEPC, they have been able to attend to all areas of the services export ecosystem from regulatory challenges to access to market and finance, skills gaps and, most importantly, digital infrastructure.         

It could be recalled that some of the achievements of the partnership include the Outsource Nigeria Initiative, financial interventions for six start-ups, support to three innovation hubs, setting up of skills’ acceleration centres and advocacy support for the Nigerian Start-up Bill.

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