FG of Nigeria Grants IT Outsourcing Companies N20 Million

Computing

Federal Government yesterday granted N20 million to the Nigeria Association of Information Technology Enabled Outsourcing Companies (NAITEOC) as a take-off grant, the National Information Technology Development Agency (NITDA) has said.

Speaking in Lagos at a stakeholders meeting on the formation of the group of IT enabled outsourcing companies in Nigeria, the Director General of NITDA, Professor Cleopas Angaye, said that the agency has also earmarked an office for the new body apart from the grant.

The DG who was represented by the NITDA's Director of Software Outsourcing, Dr. Daura Ashiru, said the IT outsourcing is gradually growing and there is need for the sector to be well governed through an umbrella body so as to open doors for job creation, source of revenue for Nigeria and improved performance.

He said outsourcing of IT products and services is a big market in which only partnership between government and private sector could really exploit the opportunities.

He explained that the agency's aim of formulating the umbrella body was to effectively facilitate advocacy efforts at advancing the development of outsourcing business in the country, utilise resources meant for outsourcing in the national policy and coordinate the monitoring and evaluation of the outsourcing sector and to have an identity that interfaces with government and the rest of the world.

Angaye said: "NITDA has already earmarked an office and N20million for take-off of the umbrella body and will subsequently continue to support it.

"We will also immediately start working with the protem leadership for the planning and execution of the various activities lined up by the agency for the few months ahead. We will also come up with others as outlined in the implementation strategies of the National Outsourcing Policy."

The DG further noted that the newly formulated NAITEOC will replicate the likes of its counterparts across the globe which have greatly contributed to the national economy.