The National Information Technology Development Agency (NITDA) has made available a $10million financial backing for local developers to foster growth of the software segment of the Nigerian ICT industry.
Peter Jack, Director-General of the IT implementing agency, who disclosed this at the Digital Africa conference held recently in Lagos, said the funds demonstrates government’s commitment to the development of the sector “as ICT has been seen as an alternate economic booster.”
The DG, who was represented at the event by Inye Kemabonta, Director Standards, Guidelines and Regulations at NITDA, said the fund has been entrusted in the hands of a manager who will see to the effective use and management on behalf of the agency.
He also informed the participants of government efforts in encouraging local production and consumption of software in the country.
‘Our local developers are not receiving appropriate patronage and support to build and maintain their software. And there is collective need to encourage the locally consumption of our software’, he said.
However, Jack commended the efforts of NITDA in formulating a blueprint on Software Policy for the country which is now awaiting the approval of the Federal Executive Council for implementation.
‘’The government is also making frantic effort to create market for software and making the country regional hub for software market” he added noting that Nigeria’s population provides huge potentials for being a regional hub for software market.