Nigeria: 'Citizens Spends N25 Billion On Software Imports', says NOTAP

Computing

Nigeria has spent over N25 billion in the past decade to acquire foreign software and other forms of Information and Communication Technologies (ICTs), the National Office for Technology Acquisition and Promotion (NOTAP), has said.

Director General, NOTAP, Engineer Umar Bindir, who made this claim this during a visit to the National Information Technology Development Agency (NITDA), in Abuja, said that the amount represents only companies that registered their technology transfer agreements with the office.

"About N25 billion has been spent by different companies, especially the banking sector, to acquire foreign software and other forms of Information and Communication Technology (ICT) products for their operations in the past decade and this affects only the companies in Nigeria that registered their technology transfer agreements", Bindir added.

Daily Trust