Digital Service Exportation: Nigeria to benefit $4 trillion – NITDA

Na'ankwat Dariem

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The National Information Technology Development Agency, NITDA and Nigerian Export Promotion Council, NEPC have forged an alliance that could enable the country to benefit $4.7 trillion from the exportation of digital services.

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 Executive Director, NEPC, Mr Segun Awolowo to commemorate the consolidation and partnership between the two organisations.

The Director-General, NITDA, Mr Kashifu Inuwa, who was represented at the event by the Acting Director, Corporate Planning and Strategy, Aristotle Onumo said the partnership is aimed at facilitating the exportation of digital services adding 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 emphasized that the digital Innovation and Entrepreneurship Pillar of SRAP enables NITDA to easily collaborate with relevant stakeholders in the exportation of indigenous services saying,“It would not have been so for NITDA to collaborate with sister Agencies that have similar visions to drive digital economy to its rightful place in Nigeria.”

The Executive Director, NEPC, Mr Awolowo noted that the partnership has provided about N150 million support grant to innovation hubs across three geopolitical zones in Nigeria.

He explained that about 300 million in grants to support Start-ups that are exporting and have the potential to export services in the Entertainment Tech, FinTech, EduTech and LogisticsTech sectors.

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

Awolowo added 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 would 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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