TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Avoidable drain – The Nation

The Citizen by The Citizen
September 5 2016
in Public Affairs, Uncategorized
A A
0
  • It is high time government reviewed software licensing agreements

It is again another classic Nigerian paradox: a nation of eager, IT-savvy youths; yet one where wholesale dependence on imported software solutions in industry and commerce rules. According to Dan Azumi Ibrahim, Director-General of the National Office for Technology Acquisition and Promotion (NOTAP) – the Federal Government agency responsible for registering and monitoring all software before they are deployed – more than 99 per cent of the software packages that are used in the banking industry in the last six years are imported.

Hence his lament: “If you see the quantum amount of money that leaves this country as software licensing fees, you will shed tears. In fact, it is with pains and difficulty that we approve those agreements”.

The banking industry is however not alone. In fact, the same is true of the oil and gas industry, the information technology (IT) sector, the manufacturing sector as indeed, ministries, departments and agencies (MDAs) of governments. Today, the combined annual loss to the economy – in terms of the cost of acquisition and maintenance of foreign software – is currently put at N400 billion – up from the N200 billion that it was in 2012.

It is a story that Nigerians are only too familiar with – the never-ending paradox of a nation that does best at exporting what it does not have while importing what it has a surfeit of, or has the potential to produce locally. We recall that 10 years ago, former President Olusegun Obasanjo actually issued a directive that all MDAs must patronise local personal computer (PC) makers and software developers. Indeed, the 2006 Federal Government circular signed by the former Secretary to the Government of the Federation, Ufot Ekaette, specifically directed all MDAs to patronise made-in-Nigeria software and locally assembled computers as a priority choice of applications for all their functions. The verdict, 10 years on is that this directive is being observed in the breach.

Overall, whether it is in the oil industry where the nation currently struggles for a measly 10 percent local content after more than 50 years of oil exploration, or in the banking industry that has been in operation for more than 120 years, the story is the same, of missed opportunities to grow local pool of talent and hence a vibrant local industry.

We understand the impregnable odds faced by our local PC assemblers and software developers compared with their foreign counterparts. Where infrastructure is not lacking, they make do with virtual absence of any form of institutional support. With due respect to many of our local software developers that have proven to be world-class, we understand that a good number of them still have a long way to go, at least as far as bringing their efforts to international standards.

The truth however is that the story of technical inadequacy is not nearly half of the story of what has become a culture of preference for anything foreign and its twin – corruption which allows top executives of entities – private and public – to double as fronts to foreign software companies, to repatriate humongous amounts of foreign exchange annually under the cover of maintenance and annual licensing fees.

One immediate solution is for the Federal Government to give practical effect to the 2006 circular. Not only will the measure save humongous costs, it would certainly boost local software development efforts and ultimately, youth employment. Secondly, it seems to us that the time has come for the Federal Government to undertake a comprehensive review of software licensing agreements not only to promote skills/knowledge transfer but to discourage needless capital flight.

At this time, fresh initiatives to assist the local software developers to acquire the muscle to compete with their peers globally would clearly be worth every dime spent on it

Previous Post

Buhari has right to run in 2019, says Obasanjo

Next Post

Boarding flights with torchlight – Punch

Related Posts

Tele-robotic surgery: Nigeria needs more medical feats – Punch
Public Affairs

Tele-robotic surgery: Nigeria needs more medical feats – Punch

September 25 2026
2027: Voter registration figures must mirror turnout – Punch
Public Affairs

2027: Voter registration figures must mirror turnout – Punch

September 17 2026
EFCC recoveries: The good, the bad and the ugly – Punch
Public Affairs

EFCC recoveries: The good, the bad and the ugly – Punch

September 11 2026
Football’s house of failure – Punch
Public Affairs

Football’s house of failure – Punch

September 8 2026
FAAC shares N2.09tr to FG, states, local councils as October revenue
Public Affairs

FAAC bonanza: Nigeria’s fiscal paradox – Punch

September 3 2026
Interstate highways of agony, hollow excuses – Punch
Public Affairs

Interstate highways of agony, hollow excuses – Punch

September 1 2026
Next Post

Boarding flights with torchlight - Punch

Stop the senseless blasphemy killings - Punch

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

ODDITIES

Residents find lifeless body in Akwa Ibom gutter, police begin probe

New co-tenant absconds with neighbour’s children in Akwa Ibom

by The Editor
September 17 2026
0

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

GLOBAL NEWS

Gambia orders banks to replace foreign workers with locals

Gambia orders banks to replace foreign workers with locals

by The Editor
September 25 2026
0

...

Trump signs security deal with Greenland, Denmark at UN

Trump signs security deal with Greenland, Denmark at UN

by The Editor
September 23 2026
0

...

Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

by The Editor
September 18 2026
0

...

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

by The Editor
September 17 2026
0

...

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada raises study permit, visitor visa processing times for Nigerians

by The Editor
September 17 2026
0

...

State of the States

Auto Draft

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest

Nigeria advances research sovereignty as Health Ministry, NHIA, partners convene inaugural Health Financing Forum

September 28 2026
Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

September 25 2026
Nigeria, U.S. sign framework for $700 billion mineral investment

Nigeria, U.S. sign framework for $700 billion mineral investment

September 25 2026
Court nullifies Pantami as Gombe PDP guber candidate

Court nullifies Pantami as Gombe PDP guber candidate

September 25 2026

EDITORIAL REVIEW

Tele-robotic surgery: Nigeria needs more medical feats – Punch

Tele-robotic surgery: Nigeria needs more medical feats – Punch

by The Editor
September 25 2026
0

2027: Voter registration figures must mirror turnout – Punch

2027: Voter registration figures must mirror turnout – Punch

by The Editor
September 17 2026
0

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Opinion

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.