Nigerian Computer Village Generates $4 Million Daily
The Computer Village in Ikeja, Lagos Nigeria is the largest market for ICT products in West Africa.
Computer Village has long been regarded as Nigeria’s Silicon Valley and It is the largest market for ICT products in West Africa, putting itself on the world’s technology map.
Individuals from different parts of the country and outside go to do business there. The president of the Computer and Allied Products Dealers Association of Nigeria, Ojikutu Adeniyi, said that Computer Village generates NGN 1.5 Bn (USD 4,166,666) daily.
The computer village identifies with more than 3,000 ICT Small and Medium Enterprises (SMEs) , most of these outlets are in the business of selling computers, phones, phone accessories, computer accessories, and other household electronics.
The computer village is the only known technology hub in West Africa that has signed a strategic partnership with Silicon Valley in the United States to promote its infrastructural development.
Different Brands are represented in the hub, they includes TECNO, Gionee, Infinix and as well as others.
According to Data shown, more than 20 million phones are sold at the computer village in a month.
Also, according to the National Bureau of Statistics (NBS), the market contributed about 2% to the national gross domestic product (GDP) in 2014. In 2018, Google CEO, Sundar Pichai, visited Computer Village and revealed plans for Google to train 10 million Nigerians in the next five years.
This is indeed a great step towards the development of Nigeria and Nigerians as a whole, as Computer Village is ranked among the best ICT markets in the world.