Can Nigeria Produce More Homegrown Tech Companies?

[Opiate32]

I came across the story of Terra industries, a company founded by two Nigerians building drones and other security technology and honestly it’s good to see Nigerians trying to build things that can attract serious attention like this beyond the country.

We talk about unemployment and how difficult it is to start a business here, so stories like this make me wonder what could happen if more young people had the right support to turn their ideas into real products. We usually talk about what Nigeria imports and what the government should provide but how much of attention do we even give people or businesses trying to manufacture things locally?

What do we need as a country to help home grown companies grow and compete internationally?

[Karl_3000]

The government need to play a huge role in make it possible. Grants and loan can be given to people, organize annual competitions for tech innovations, reduce the tax of tech producers, or make it tax free. Other areas can be taxed but the production can be tax free and they should not introduce any tax. This will encourage people and many foreign investors. Government should also sponsor researchers.

[Justbillywitt]

The only thing you have to do is vote for Peter Obi to become the president of Nigeria. He is the only man I see right now that can turnaround the fortunes of this country. If we have an industry oriented government, they will provide an enabling environment for the people with tech skills to thrive. Many people have one or two to offer this country, but they are not having the right support or the enabling environment to showcase what they have, that could become a good export opportunity for the country. The government controls everything and till we get the right leadership, we won’t break lose form the shackles we are in.

[Biirakedee]

In all honesty Nigeria has the talents who can build companies that can compete globally but many people lack the support and opportunity to turn the ideas that they have into reality. That’s why I think the government has a lot of work to do in this especially by providing stable electricity, easy access to funding and an environment where businesses can grow. If we can support our own innovators and give them room to grow, we will be surprised by what people with talents can do in this country.

[Uhwuchukwu53]

Nigeria have more than any capacity both the financial support to raised any standard if truly we have visionary leaders who have the support of the people mostly when they sees talent in them and help to lift such talent to standardized it. Today government help in destroying growing talent buy over taxation and using some political strategy if your against their will to demolish and bring down your investment or talent that you our trying hard to build. Once a good leader is in place it possible, such leader can back any developmental stride of the people and make it work mostly when it's tech which the world is look up to build theirs in different dimensions for defense and others perspective. All the people need is support when government play a role of protection market available and financial aid.

[Christopher336]

There's nothing Nigerian government can't do. The country is just suffering from bad government, if there's a good system I think it's very much possible. Nigeria have the resources to do well, the country have the capacity financially more than some African countries but you'll see that some of those countries are doing well than them because of good leadership

[Rockson1]

The only thing you have to do is vote for Peter Obi to become the president of Nigeria. He is the only man I see right now that can turnaround the fortunes of this country. If we have an industry oriented government, they will provide an enabling environment for the people with tech skills to thrive. Many people have one or two to offer this country, but they are not having the right support or the enabling environment to showcase what they have, that could become a good export opportunity for the country. The government controls everything and till we get the right leadership, we won’t break lose form the shackles we are in.

You might be right, because the remaining outdated brains may not remember or may not even see Tech companies as something necessary, so you're very right, butwill people listen? Won't they be blind folded by ethnicity, cause that is what I see in Nigeria presently, some folks no care at all, even if say them wan die no wam as long as say their bro be president them no mind, there are many Nigerians who are good in tech, when I say good, they are very bad when it comes to tech, but Nigeria they dull them, for everything both financing and environmental Friendly Nigeria na zero, na why me I support wetin you talk say we need person wey no howfa.

[Africolo]

I came across the story of Terra industries, a company founded by two Nigerians building drones and other security technology and honestly it’s good to see Nigerians trying to build things that can attract serious attention like this beyond the country.

We talk about unemployment and how difficult it is to start a business here, so stories like this make me wonder what could happen if more young people had the right support to turn their ideas into real products. We usually talk about what Nigeria imports and what the government should provide but how much of attention do we even give people or businesses trying to manufacture things locally?

What do we need as a country to help home grown companies grow and compete internationally?

Nigerians are very creative when it comes to tech and productions of other domestic products but the challenge they have is sponsorships from the government because the government needs to project them and key into the products that are being produced, go to Aba and see clean innovations for yourself, we have the likes of INNOSSON MOTORS, this Man produces motor and we don't buy from him instead we go for the foreign ones, how does the business grow when we don't pay attention to the ones that are made by our brothers?.

Government should give business loans and grants to those who have this skills, seminars should be held and invite people that has any kind of tech skills and empower them or better still build a factory for them and be monitoring what they do, that's why China is ahead of so many countries today because they don't joke with any children that has one or little skills in tech, they will immediately send the child to learn such skills that he possess.