Nigeria: Banks Import N1bn Software Annually

Computing

A recent survey on software development and use in Nigeria, has revealed that about N1billion worth of software products are imported annually by banks, making the sector one of the highest consumers of information technology softwares, an indication of the huge market potentials for the products in the country.

Experts in the industry are of the opinion that 35 per cent of the world's software is pirated and software piracy is not only a crime, but can destroy computers and data.

Director-General, Nigeria Copyright Commission (NCC), Mr. Adebambo Adewopo, said problem of sotware piracy was becoming a threat to the industry.

He said this yesterday in Abuja, at the signing of a Memorandum of Understanding(MoU), between the Commission and the Business Software Alliance (BSA), a club of software development firms committed to promoting safe and legal digital world. The MoU, Adewopo said, was designed to reinforce the Strategic Action Against Piracy (STRAP) initiative of the NCC and a demonstration of theFederal Government commitment towards combating the problem.

(source: This Day)