Information and Communications Technology, ICT, experts at the just concluded Signal Alliance Customer Week Workshop organized in conjunction with Cisco rose up from the forum calling for the consumption of local technology through strict implementation of the local content law and standardization of local technology products to enable them compete internationally.
This workshop is one of the major activities of the annual Signal Alliance Customer Week that includes; customer visitation across the country, corporate social responsibility programmes in Lagos and Abuja, and customer appreciation event respectively.
Noting that technology must be applied as one of the key component in the diversification of the Nigeria economy, the forum among other things urged stakeholders to work together to build an ecosystems that will support start-ups from setting up investment institutions from seed funding to technology backed private equity.
According to the workshop, there was need to promote incubators and accelerators; deepening government structures that supports indigenous technology like the Federal Ministry of Communication Technology, National Information Technology Development Agency, NITDA , SMEDAN, among others.
The workshop with the theme ‘Diversification & Innovation: A technology roadmap to grow Nigeria economy’ among other things attracted business leaders both in the public and private sectors, technology leaders & entrepreneurs, and media practitioners.
“We are quite satisfied with the outcome of the conversations that took place, considering the challenge the Nigeria economy is currently facing due to fall in global oil prices, exchange rate collapse, and uncertainty surrounding the elections. This is compounded by the fact that Nigeria is largely an import-based and a mono-product economy.”
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