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Nigeria Poised to Benefit from $10 Trillion Global Outsourcing Market

Information Technology expert has urged the federal government to reposition the outsourcing business to enable the country benefit from the $10trillion global outsourcing market.

The Director General, National Information Technology Development Agency, NITDA, Peter Jack, made this appeal at the 2015 Outsourcing Expo organized by the Association of Outsourcing Professionals of Nigeria in partnership with Integrated Corporate Services, Whytecloen, lifewort, Vic Lawrence and Associate in Lagos.

Tagged: ‘The Value of Outsourcing’, the event brought together hundreds of professionals, government agencies, captains of industries and top media practitioners.

According to Jack, the federal government is putting into place a national working document to regulate the outsourcing business in Nigeria so it can be reposition to play in the $10trillion global outsourcing space.

Represented by a member of the board of NITDA, Sunday Afolayan, Jack stated that there are many companies trying to force exiting resources into an outsource model because of greed and they end up missing the abundant opportunities of outsourcing business.

“Africa is not taken advantage of the numerous opportunities of the outsourcing sector as 10% of the global value of outsourcing is shared between South Africa, Egypt, Kenya, Mauritius who are taking the lead in the region,” he said.

Earlier, the President of Association of Outsourcing Professionals of Nigeria AOPN, Austin Nweze had also tasked the federal government to put in place infrastructure that would help Nigerians access the potential in the outsourcing sector.

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