Experts, policy makers and top executives of companies in Nigeria’s technology sector have advocated for the proper implementation of the local content policy in Nigeria. This happened at the Institute of Software Practitioners of Nigeria(ISPON) 9th annual presidential dinner night, which held at the Oriental Hotel, Lagos.
The event, themed The Fourth Industrial Revolution, was attended by the minister of communications, Barr Adebayo Shittu who said local content is not about foregoing foreign solutions but consolidating on the Executive order 003 and 005 to build a stronger economy for the country and to create a win-win situation for all.
While speaking with journalists after the event, Dr Emmanuel Eze, Executive Director/Chief Technology Officer, SystemSpecs Ltd, said there is a lot of talents and many companies within the country doing a lot of great things for the economy. Implementing the local content act helps to consolidate on that.
Answering questions on the implementation of the TSA, Dr Eze said billions, and perhaps, trillions of naira is being moved onto the TSA platform monthly. He also praised the system for helping to block leakages.
“It has been widely acclaimed that TSA has helped the country to block leakages and helped to engender transparency within the government space especially with regards to payments. A number of other African countries are trying to do something similar.”
Dr Eze also advocated for more private-public sector collaborations to set up incubation centres and programs to equip youths with the right ICT skills. He mentioned ‘Code Lagos” in which SystemSpecs is collaborating with the Lagos state government as one of such programs. He said the youths need to have the right set of talents so that the country can have a very good workforce.
The president of ISPON, Olorogun Emadoye praised the executive orders 003 and 005 as milestones in achieving local content and emphasized the importance of the software industry in the economic development of Nigeria.
“Software practitioners account for over 40% of the world’s wealthiest corporations, individuals and philanthropists. Some software companies’ annual turnover are even bigger than our National budget. ISPON believes that Nigeria can record some significant achievements in the world software business and global market if Nigerians support local content.”
ISPON conferred fellowships on deserving individuals such as Pius Okigbo Jr, John Obaro and Senator Liyel Imoke at the ceremony.