• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, November 5, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Nigeria Spends $1.09bn On Importation Of Computer Services In 5 Years

by Royal Ibeh
2 years ago
in Business
Importation Of Computer Services
Share on WhatsAppShare on FacebookShare on XTelegram

Statistics from the International Trade Centre (ITC) showed that $1.09 billion was spent on software acquisition and importation of computer services into Nigeria in five years.

Advertisement

The breakdown showed that software and computer services worth $123.89 million were imported in 2016, the figure jumped to $216.57 million in 2017, $257.55 million in 2018 and dipped to $159.28 million in 2019, before rocketing to $336.43 million in 2020.

To avert the trend, ICT stakeholders have called on the Tinubu-led administration to place a ban on the importation of computers and allied hardware.

Advertisement

This way, it will help boost the indigenous companies producing the same products in-country, some of which are struggling, they posited.

A fellow of Nigeria Computer Society (NCS), Mr. Chris Uwaje, said, the Indian government recently imposed restrictions on import of laptops, tablets, all-in-one personal computers and ultra-small computers and servers with immediate effect.

“This is in the spirit of product nationalism whereby countries deliberately promote patronage of homemade products and services to boost local productivity, create more jobs, encourage proficiency, and discourage capital flight,” Uwaje averred.

RELATED NEWS

Keystone Bank Chairman, Ada Chukwudozie, Rewards Young Innovators In Science, Tech

‘Empowering SMEs Key To Nigeria’s Economic Growth’

Niger Delta Foundation, Okomu Oil Seal N1.2bn Deal For Prosperity In Edo Communities

Customs Generate N2.4trn At Apapa Port In 10 Months

In recent years, indigenous ICT firms have proved capability in both software and hardware engineering, and multinationals including Microsoft, Oracle, Google, and IBM are becoming more interested in hiring young Nigerians.

Uwaje, therefore, called on president Tinubu to adopt the India policy as well as make it mandatory that all foreign computer manufacturers set up local production facilities in Nigeria in partnership with indigenous computer companies.

In the same vein, ICT expert, Mr. Dotun Ali-Balogun has appealed to president Tinubu to mandate all government ICT operations to be run on the technical strength of locally assembled computers, adding that, this is the time for the government to discourage importation of computer services to boost the naira against the dollar.

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShareTweetShare

OTHER NEWS UPDATES

Keystone Bank Chairman, Ada Chukwudozie, Rewards Young Innovators In Science, Tech
Business

Keystone Bank Chairman, Ada Chukwudozie, Rewards Young Innovators In Science, Tech

14 hours ago
2023 Not A Good Year For MSMEs, Says NASME
Business

‘Empowering SMEs Key To Nigeria’s Economic Growth’

18 hours ago
We Have Made Impact In Niger Delta  – PIND
Business

Niger Delta Foundation, Okomu Oil Seal N1.2bn Deal For Prosperity In Edo Communities

18 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

UCL: Mac Allister Helps Liverpool Beat Real Madrid At Anfield

3 hours ago

Beckham Lauds Knighthood As ‘Proudest Moment’

3 hours ago

UCL: Merino Bags Double As Arsenal Cruise Past Slavia Prague

4 hours ago

VP Shettima Arrives Brazil For COP 30

4 hours ago

Invasion Threats: US Looking For Opportunity To Establish Base In Nigeria — Dambazau

4 hours ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.