• Big Story
  • News
    • News
    • Consumer Technology
    • Market Updates
    • Technology Insights
  • Interviews
  • Opinion
  • Digital Transformation Series
  • Special Reports
    • MWC Africa
    • Nigeria 5G Spectrum Auction
Saturday, August 8, 2026
  • Login
  • Register
Technology Times | Latest and Breaking Nigeria Tech News
No Result
View All Result
Technology Times | Latest and Breaking Nigeria Tech News
No Result
View All Result
Technology Times | Latest and Breaking Nigeria Tech News
No Result
View All Result
Your text
Remita Remita Remita
ADVERTISEMENT

Local content: Govt says foreign tech companies ‘have nothing to fear’ in Nigeria

Elizabeth EdoziebyElizabeth Edozie
02/04/2016
in News
Reading Time: 2 mins read
1 0
A A
0
President Muhammadu Buhari of Nigeria

President Muhammadu Buhari of Nigeria

ADVERTISEMENT
Stay connected via Google News
Add as preferred source on Google

The Federal Government says that foreign technology companies have nothing to fear under its ongoing local content drive to promote indigenous technologies across Nigeria.

National Information Technology Development Agency (NITDA), the nation’s IT agency says the ICT local content policy is not intended to discourage multinationals from doing business in Nigeria “but to encourage favourable competition among the local and foreign brands.”

Dr. Vincent Olatunji, Acting Director-General at NITDA who dropped the hint at a stakeholders’ forum on National Content Bye Laws in Kano State gave a rationale for the current local content drive in the Nigerian information and communication technology (ICT) industry.

Business activities seen underway at Ikeja Computer Village, the biggest market cluster in Nigeria
Business activities seen underway at Ikeja Computer Village, the biggest market cluster in Nigeria

[quote font=”georgia” font_size=”22″ font_style=”italic” align=”left” bgcolor=”#” color=”#” bcolor=”#” arrow=”yes”]“The National Content Policy of the Federal Government is not in any way intended to stop or prevent multinationals from doing business in Nigeria; rather it is aimed at assisting the local IT products and services to compete favorably with the multinationals operating in Nigeria.”[/quote]Olatunji, represented by Barrister Lazarus Ikoti, Acting Director, Standard, Guidelines and Regulations said that, “the National Content Policy of the Federal Government is not in any way intended to stop or prevent multinationals from doing business in Nigeria; rather it is aimed at assisting the local IT products and services to compete favorably with the multinationals operating in Nigeria.”

According to the NITDA chief, the Federal Government Policy under the Buhari-led administration is to create jobs and provide alternative means of generating revenue and that is what prompted the government is insisting on local content in ICT.

“By insisting on local content, we are trying to assist the Federal Government in creating jobs for the unemployed. It is also aimed at finding alternative income for the Federal Government in view of the dwindling revenue from oil”, Olatunji says.

Dr Vincent Olatunji, acting Director-General of NITDA
Dr Vincent Olatunji, acting Director-General of NITDA

He urged the Local IT entrepreneurs to brace up to the new challenge, adding that they could not afford to be complacent as they should “ensure that your products meet international and acceptable standards and quality.”

He however  gave his assurance  that the agency would rejuvenate its Monitoring and Compliance Unit to monitor all the IT firms to ensure that their products meet generally-acceptable standards.

The stakeholders’ who agreed unanimously agreed that it is high time the Agency began the enforcement of the bye law to create jobs in the country, underscores the need for  the IT implementing agency to make reference to the sections of the NITDA Act, 2007 which empowers it to enforce the local content policy and come with penalties for violations thereto.

Mr. Inye Kembonta, National Coordinator, Office for Nigeria Content in ICT reviewed the Bye Law stating that the Bye law became imperative because of the legislative bottleneck in amending the NITDA Act of 2007.

Related Articles

AI now linked to 55% of cybercrime across Africa, INTERPOL warns

Nigeria’s digital economy ‘unlocks new opportunities for advertisers, creators’

AI, digital infrastructure to shape Africa’s next growth phase, World Bank says

Nigeria’s GBB to deploy 54 smart police stations after Gombe pilot

Nigeria targets 30% of health facilities for 24-hour power by 2027 

Zenith Bank probes cyberattack after customer data access

MTN nears IHS Towers takeover after shareholder approval

Govt pegs 1.5% stamp duty on cryptocurrency conversions in Nigeria, new tax rules reshape digital asset market

Nigeria Data Protection Act: FG reads riot act to MDAs over compliance, holds agency heads accountable 

Nigeria telecoms market in 2026: MTN leads as Airtel surges, 5G rises and broadband expands

He urged Nigerians not to see patronizing ICT locally made products as acts of patriotism alone, but as acts which reduce capital flight, increase human capital and infrastructure.

According to him, “any system you buy from abroad, you have created jobs abroad, put pressure on the Naira and deny people of acquiring skills in the country.”

Kemabonta says NITDA’s regulatory power has a force of law, which makes the review of expedient issues become necessary, adding that by the time NITDA begins to enforce its policy, “it would be as though they were made by the National Assembly.”

He said by the time the bye law takes effect, the Nigerian ICT companies would be able to compete with the big ICT companies anywhere in the world. He also encouraged merging among the players “in order to increase capacity and improve quality of products.”

 

Stay ahead with real-time reports, breaking news, and exclusive insights delivered directly to your phone. Don't settle for outdated information. Join TECHNOLOGYTIMES NEWS on WhatsApp for 24/7 updates.

Join Our Whatsapp Channel
Share20Tweet13Share4SendShare
Previous Post

Gemalto: ID fraud is ‘fastest growing crime on the planet’

Next Post

In Pictures: NIRA .ng Web Awards & 10th Anniversary Dinner

Elizabeth Edozie

Elizabeth Edozie

Technology Journalist @Technology Times 08077671659 elizabeth.edozie@technologytimes.ng

Related Posts

Consumer Technology

Gionee unfolds world’s slimmest phone, Elife S5.5

byrasheedat hassan
17/03/2014
A mobile phone user seen at the 2016 Social Media Week Lagos
Consumer Technology

Video boost added to Opera Mini for Android

byKayode Oladeinde
10/03/2016
A lady seen taking selfie photograph at a mobile phone launch event in Lagos
Consumer Technology

OPPO Reno2 smartphones target mobile photography lovers

byTechnology Times Staff
29/10/2019
Delta state begins e-bursary registration to check fraud
News

Delta state begins e-bursary registration to check fraud

byKolade Akinola
21/05/2014
CAPDAN flags off 2015 presidential race in Ikeja Computer Village
News

CAPDAN flags off 2015 presidential race in Ikeja Computer Village

byKolade Akinola
18/12/2014
vitel-mvno-begins-number-reservation-on-0712
News

Ahead of Nigeria market debut, Vitel MVNO begins number reservation on 0712 

byTechnology Times Staff
30/01/2025
Consumer Technology

Microsoft Surface Pro 8 Upscales Your Digital Lifestyle

byAdeola Oyawale
25/04/2022
minister-seeks-science-and-technology-alliance
News

Minister seeks alliance to unlock Science and Technology for Nigeria’s growth

byOladapo Riliwan
23/08/2024
nigeria-unveils-national-blockchain-policy-team
News

Nigeria unveils National Blockchain Policy team tomorrow

byTechnology Times Staff
15/05/2023
News

Nigerian female coach emerges winner in WorldRemit, Arsenal contest

byTechnology Times Staff
18/11/2019
Next Post
IMG 0183

In Pictures: NIRA .ng Web Awards & 10th Anniversary Dinner

IMG 0184

Nigeria targets South Africa's one million Internet domain names

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

one × two =

CrownCrystal Technologies CrownCrystal Technologies CrownCrystal Technologies
ADVERTISEMENT
UBA Advertising UBA Advertising UBA Advertising
ADVERTISEMENT

Latest Articles

interpol-ai-linked-to-55-cybercrime-in-africa

AI now linked to 55% of cybercrime across Africa, INTERPOL warns

07/08/2026
nigeria-digital-economy-opportunities-creators

Nigeria’s digital economy ‘unlocks new opportunities for advertisers, creators’

07/08/2026
world-bank-ai-digital-shape-next-growth-africa

AI, digital infrastructure to shape Africa’s next growth phase, World Bank says

07/08/2026
nigerias-gbb-to-deploy-54-smart-police-stations

Nigeria’s GBB to deploy 54 smart police stations after Gombe pilot

07/08/2026
nigeria-targets-30-health-facilities-for-power

Nigeria targets 30% of health facilities for 24-hour power by 2027 

07/08/2026

Most Read

  • nigeria-telecoms-market-in-2026-mtn-leads

    Nigeria telecoms market in 2026: MTN leads as Airtel surges, 5G rises and broadband expands

    103 shares
    Share 41 Tweet 26
  • MTN nears IHS Towers takeover after shareholder approval

    77 shares
    Share 31 Tweet 19
  • IBM: AI-powered cyberattacks now cost businesses $6 million per data breach

    68 shares
    Share 27 Tweet 17
  • NIMC: How to use self-service portal for NIN update

    1263 shares
    Share 505 Tweet 316
  • Galaxy Backbone’s single portal to unify Nigeria’s government services

    63 shares
    Share 25 Tweet 16
  • Minister: Nigeria’s ATLAS Network to help AI speak African languages

    61 shares
    Share 24 Tweet 15
  • NITDA sets Q2 2027 deadline for mandatory government software testing

    70 shares
    Share 28 Tweet 18
  • Govt pegs 1.5% stamp duty on cryptocurrency conversions in Nigeria, new tax rules reshape digital asset market

    59 shares
    Share 24 Tweet 15
  • Nigeria’s GBB to deploy 54 smart police stations after Gombe pilot

    56 shares
    Share 22 Tweet 14
  • MTN Nigeria nears ₦3tn revenue as subscribers hit 92.2 million, cementing market lead

    66 shares
    Share 26 Tweet 17
eGovernance Nigeria Magazine eGovernance Nigeria Magazine eGovernance Nigeria Magazine
ADVERTISEMENT

Latest Videos

  • TT TV
mtn-nigeria-doubling-down-on-fintech-fibre

Watch | Karl Toriola: MTN Nigeria is doubling down on fintech, fibre broadband

09/07/2026
Technology Times TV | The Pilot

Technology Times TV | The Pilot

03/07/2026
data-privacy-and-nigerias-online-consumers

Data privacy and Nigeria’s online consumers | Technology Times Live TV

11/08/2025
9mobile Rebranding Livestream | Technology Meets Tenacity | Technology Times Live

9mobile Rebranding Livestream | Technology Meets Tenacity | Technology Times Live

08/08/2025
teniola-advocates-dynamic-billing-for-nigerians

Teniola advocates dynamic billing to protect Nigerian consumers | Technology Times Policy eXchange

14/04/2025
Load More
Facebook Twitter Youtube LinkedIn RSS

ABOUT TECHNOLOGY TIMES

technology-times-logo

Nigeria Technology Media Group

Founded in 2004, Technology Times’ trusted technology news, market intelligence, views and business services reach readers and partners across Nigeria, Africa and beyond.

Advertising

Sign up for TT eNews

Get in touch here

CONTACT US

WhatsApp: +234 201 454 1818
WhatsApp: +234 815 700 0100
Email: info@technologytimes.ng
Web: www.technologytimes.ng

LEGAL & COMPLIANCE

technology-times-logoHome

TT Privacy Policy

TT Terms & Conditions

TT Website Disclaimer

TT Guest Post Guidelines

TT Sitemap

VOffice

  • credicorp-portal-for-nigeria-consumer-credit

    CREDICORP: FG opens portal on www.credicorp.ng for Nigerians to access consumer credit

    15854 shares
    Share 6342 Tweet 3964
  • CUG: NCC caps call rate at ₦50, bans data bundling

    5070 shares
    Share 2028 Tweet 1268
  • 9mobile rebrands today, targets multibillion-naira comeback in mobile market

    4433 shares
    Share 1773 Tweet 1108
  • Exclusive: Boardroom battle erupts at 9mobile, threatens spectrum trade deal with MTN

    3901 shares
    Share 1560 Tweet 975

©2004-2025 Technology Times, owned and operated by Digital Transformation Media Limited (DTML), Nigeria or its affiliates. All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Add as a preferred source on Google
Add as preferred source on Google
No Result
View All Result
  • Big Story
  • News
    • News
    • Consumer Technology
    • Market Updates
    • Technology Insights
  • Interviews
  • Opinion
  • Digital Transformation Series
  • Special Reports
    • MWC Africa
    • Nigeria 5G Spectrum Auction
  • Login
  • Sign Up

©2004-2025 Technology Times, owned and operated by Digital Transformation Media Limited (DTML), Nigeria or its affiliates. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy Page.