Lagos Computer Village Adds N1.5b To The Economy Daily

Nigeria’s Computer Village, adjudged the largest Information and Communications Technology (ICT) accessory market in Africa, contributes about N1.5b to the country’s economy daily.

Nigerian Communications Commission (NCC) executive vice chairman, Prof. Umaru Danbatta, gave the figure, while being hosted by the Computer and Allied Products Dealers Association of Nigeria (CAPDAN), the leadership of the market in Lagos.

Danbatta, who said the contributions of the market to the economy since the telecoms revolution began some 16 years back, was now around $32 billion, informed that the figures were provided by the leadership of CAPDAN during an earlier indoor-meeting in May with the NCC in Abuja.

According to Danbatta, there are about 3000 ICT Small and Medium scale Enterprises (SMEs) doing stuffs in the market, “as such the Computer Village market needs greater support to be able to contribute more to the economy.”

While announcing the readiness of the Commission to work with CAPDAN on any front that will promote economic development, the NCC chief informed that it would sign a Memorandum of Understanding (MoU) with the association.

Danbatta urged the association to address issues of phone and other devices cloning; substandard products, stressing that many mobile devices sold in the market are not type-approved by the NCC.

According to him, these unregistered mobile devices are not safe and negatively affects the quality of service rendered by mobile network operators in the country, stressing that NCC has huge responsibility to protect Nigerians. “We are calling on the CAPDAN to please support us to rid the market of unwanted elements peddling fake and substandard products.”