• Nigeria loses $2.8bn to importation of foreign ICT products – Shittu

    Nigeria loses $2.8bn to importation of foreign ICT products – Shittu

    Barrister Adebayo Shittu, Minister of Communications, said that the federal government was ready to revalidate its directive on the patronage of locally produced ICT products and services by the Ministries, Departments and Parastatal (MDAs) as a means of promoting local content in the sector.

    Shittu disclosed that Nigeria was losing about $2.8billion yearly to the continued importation of ICT hardware and ceding about 70 per cent of the country’s technology market to the foreign brands.

    He decried the attendant capital flights from […]