Nigeria follows India’s footsteps to become a global services outsourcing hub
- The government intends to turn Nigeria into a global IT services hub; how does it plan to achieve this?
- Who are the stakeholder groups poised to benefit immensely from the government’s policy direction?
The Nigerian government has set its sights on turning Nigeria into a global services outsourcing hub. This move is steeped in intentions to harness the country’s population dynamics and turn the West African giant into an attractive destination for talent outsourcing. The vehicle to achieve this is the newly unveiled National Talent Export Programme (NATEP), announced on 22 September 2023 at the sidelines of the 78th United Nations General Assembly.
The programme's goal is to position Nigeria as a leader in business process outsourcing. NATEP aims to create one million in-demand jobs over the next five years that can be outsourced to foreign companies, creating employment and increased foreign exchange inflows and tax revenues for the Nigerian economy. A core part of NATEP is coordinating existing talent outsourcing efforts and making Nigeria an attractive destination for companies looking to outsource work functions.
To make this a reality, Nigeria plans to
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