Nigeria’s economy, which is the most populous in Africa and with an estimated population of over 120 million and GDP of over US$72.1 billion, should by no means be left behind in the outsourcing initiative train. This document highlights Nigeria's steps towards becoming an outsourcing hub for Africa.
To achieve all the tremendous benefits from a flourishing outsourcing sector, there is need for a concerted and coordinated effort between Government and the private sector.
The National Outsourcing Policy addresses the necessary legal institutional and economic incentives in terms of tax moratorium, designation of a Technology Economic Zone, access to credit through the SME programme, facilitation of dialogue and business networking opportunities with global leaders in outsourcing and Nigerians in the Diaspora, as well as sponsored trade missions to different countries.
It also focuses on a wide range of issues that would foster and facilitate the development of a globally competitive outsourcing sector in Nigeria and ultimately make Nigeria the major IT Enabled Outsourcing hub in West Africa.
The Federal Government proposes to collaborate with the private sector to pursue an accelerated phase-by-phase implementation strategy, in which the outsourcing economy will first be developed to focus on onshore markets, then near-shore markets and finally the global offshore market.
To successfully implement the National Initiative on Outsourcing, there is need for a strong collaborative effort between government and industry leaders in the private sector. The role of government in this initiative is to provide an enabling environment with necessary incentives that will motivate both local and foreign entrepreneurs to invest in this sector.
NITDA's Outsourcing Department is working hard at the implementation of the National Outsourcing Policy.
To download a copy of the National Outsourcing Policy, please click here.