• Sunday, May 26, 2024
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BusinessDay

Lagos Computer Village generates $2bn annually to economy

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 The Computer Village in Ikeja, Lagos, generates about two billion dollars (N300 billion) to the economy annually, Omobola Johnson, minister of information and communications technology, has said.

Johnson disclosed this at the Monthly Breakfast Meeting of the Nigerian-South Africa Chamber of Commerce on Thursday in Lagos.

According to the minister, the revenues come mostly from the cloning of phones and the exploration all sorts of software applications.

“I think I am the first ICT minister that has taken time to visit the place and we have seen that the operators have great skills.”