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Topic: The Role of Indigenous Software in National Economic Transformation

Topic: The Role of Indigenous Software in National Economic Transformation. LOCAL CONTENT IN ICT DEVELOPMENT IN NIGERIA . ‘DeRemi Atanda - Executive Director. 2012. The Role of Indigenous Software in National Economic Transformation. Overview: What is National Economic Transformation?

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Topic: The Role of Indigenous Software in National Economic Transformation

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  1. Topic: The Role of Indigenous Software in National Economic Transformation LOCAL CONTENT IN ICT DEVELOPMENT IN NIGERIA ‘DeRemi Atanda -Executive Director 2012

  2. The Role of Indigenous Software in National Economic Transformation Overview: • What is National Economic Transformation? • Can the ICT sector be a key contributor? • What place for Indigenous Software? • How do we make things happen? • LOCAL CONTENT IN ICTDEVELOPMENT IN NIGERIA 2012

  3. Have you seen this? • LOCAL CONTENT IN ICTDEVELOPMENT IN NIGERIA 2012

  4. The Role of Indigenous Software in National Economic Transformation Highlight of ICT Component of the National Transformation Agenda: (section 6.2) • 2011-2015 Proposed Investment : N22.2 Billion • 0.19% of total 2011-2015 investments by MDAs • Development of 10 year strategic plan • Development of Infrastructure particularly global connectivity • Creation of enabling Environment that encourages PPP *Source: National Planning Commission Web site • LOCAL CONTENT IN ICTDEVELOPMENT IN NIGERIA 2012

  5. The Role of Indigenous Software in National Economic Transformation ICT in National Budget (% of Total): *Source: Budget Office of the Federation website • LOCAL CONTENT IN ICTDEVELOPMENT IN NIGERIA 2012

  6. The Role of Indigenous Software in National Economic Transformation • What Economic transformation do you want to see in the next few years? • Paint a picture • How much of this can come from the ICT-software sector? • Success stories/examples abound. • Window remains open/we are NOT late • What is the local content imperative in the whole of this? • Nobody can like our country more than we do • We owe future generations a legacy • LOCAL CONTENT IN ICTDEVELOPMENT IN NIGERIA 2012

  7. The Role of Indigenous Software in National Economic Transformation ICT INDUSTRY OVERVIEW • ICT sector growing at a fast rate & has become 4th largest contributor to GDP • Software sub-sector holds unlimited potentials for Economic Transformation • Local content policy on software yet to be activated • Many small players in software sector & a large number trying to do same thing • “Made in Nigeria” still looked down on • LOCAL CONTENT IN ICTDEVELOPMENT IN NIGERIA 2012

  8. The Role of Indigenous Software in National Economic Transformation ICT INDUSTRY OVERVIEW (cont’d) • High cost of funds – zero venture capital & no Govt. sponsored/promoted software projects • No incentives to promote the development of the software sub-sector • Innovative and brilliant youths waiting to be encouraged that it pays to stay around • High demand for skills with good compensation outside our shores • Success stories NOT celebrated… • LOCAL CONTENT IN ICTDEVELOPMENT IN NIGERIA 2012

  9. The Role of Indigenous Software in National Economic Transformation Moving Forward: • Sincere Recognition of the potentials of the software sector for economic transformation • Facilitation of affordable capital to create and sustain enabling environment • Implementation of local content policy on quick-win, high-impact projects • Drivers’ License, Micro-Finance, Payroll, Pensions, Examinations, electronic-payment, etc. • It is NOT about protectionism but National Diginity • Creating home-grown wealth to lend to other nations • LOCAL CONTENT IN ICTDEVELOPMENT IN NIGERIA 2012

  10. The Role of Indigenous Software in National Economic Transformation Moving Forward: • It is NOT about protectionism, it’s about: • Taking responsibility for economic transformation • Creating conducive environment for economic growth • Preservation of National Dignity • Attracting Foreign Investment • Creating Value and attracting wealth • Empowering our youths for the future • Giving Nigeria a GOOD Name • And very many more • LOCAL CONTENT IN ICTDEVELOPMENT IN NIGERIA 2012

  11. The Role of Indigenous Software in National Economic Transformation THANK YOU • LOCAL CONTENT IN ICTDEVELOPMENT IN NIGERIA 2012

  12. The Role of Indigenous Software in National Economic Transformation NATIONAL ECONOMIC TRANSFORMATION LEXICON… • Easy access to credit • Increased GDP • Investment destination of choice • High employment rate • Net exporter of software • Average Nigerian better off than today • LOCAL CONTENT IN ICTDEVELOPMENT IN NIGERIA 2012

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