• Home
  • About Us
  • Contact Us
  • Privacy Policy
Saturday, August 30, 2025
Trackupnews
  • Home
  • News
  • Politics
  • Economy
  • Education
  • Crime
  • Health
  • Environment
  • Entertainment
  • Special Report
No Result
View All Result
  • Home
  • News
  • Politics
  • Economy
  • Education
  • Crime
  • Health
  • Environment
  • Entertainment
  • Special Report
No Result
View All Result
Trackupnews
No Result
View All Result
Home Track Up SoundBites

FG seeks to expand Nigeria digital economy

.

TrackUpNews by TrackUpNews
December 22, 2022
in Track Up SoundBites
Reading Time: 2 mins read
0
Nigeria signs ARTEMIS Accords, announces Space X partnership
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

22  December 2022

The Federal Government has said that quality software development will be essential in expanding Nigeria’s digital economy.

RelatedPosts

Cancer Claims 80,000 Lives Annually in Nigeria – Health Minister

“DELTA APC APOLOGISTS IN FRESH PROPAGANDA TRICK”-Godslove Preye

Niger: Group drags ECOWAS to court 

It said this through the Minister of Communications and ljDigital Economy, Prof. Isa Pantami,

Pantami made the remark at the first Software Testing Conference in Nigeria with the team, ‘Impact of Software Quality Assurance in the Nigerian Digital Economy’, organised by Nigeria Software Testing Qualification Board (NGSTQB) in Lagos.

About a decade ago, the then Chairman of Nigeria Software Development Initiative (NSDI), Jim Ovia, estimated the size of Nigeria’s software industry to be over N15 billion, with an estimated import value of software products of $900 million.

At the forum, Pantami acknowledged the importance of software in global development cannot be over-emphasised, hence software powers the hardware, and most of the innovations in all sectors and spheres of life.

“If you look at the world’s advancement in the Internet economy, transportation, financial services, power, cyber security and many life endeavours; software is the secret to that success. I can categorically say that the world would not have achieved much if there was no invention of software.

“The article by Jeff Lawson in the Harvard Business Review argued that in the digital economy, your software is your competitive advantage.

“He said ‘many companies respond to digital competition by embracing methodologies like agile, building ‘innovation centres,’ acquiring startups, or outsourcing app development to consulting firms. But the true disruptors know that in the digital economy, whoever builds the best software wins. Companies that want to compete for the need to empower their developers and adopt a ‘software mindset,” he said.

According to him, this same argument applies to any country that wants to succeed in the digital economy era. “We have seen the implication of this during the COVID-19 pandemic.

The technology (especially ICT) industry, which is powered by software benefited the most. The industry’s growth skyrocketed.”

Report says the Minister, who spoke through Dr. Falilat Jimoh, said, however, one of the greatest challenges the software industry is facing today is issues of quality.

He referred to a report by Synopsis Inc in the U.S., which finds that many organisations allow software quality to lag behind other objectives, but that lack of attention comes at a steep price.

“In 2020, the cost of poor software quality in the U.S. was approximately $2.08 trillion. That is why software quality assurance and testing is a big industry today. According to a comprehensive research report by Market Research Future (MRFR), ‘Software Quality Assurance Market information by Solution, by Deployment, by Organization Size and Region has been forecast to reach $14.01 billion market size by 2027.”

According to him, there is, therefore, a need to take full advantage of the opportunities the software industry is going to play in the digital economy growth while ensuring the challenges that could hinder software quality do not thwart the progress we have collectively in the digital economy sector.

Pantami, therefore, said that the theme of the first edition of the Software Testing Conference: ‘Impact of Software Quality Assurance in the Nigerian Digital Economy’ is apt as effective software quality assurance in the Nigerian Digital Economy will greatly impact the digital economy’s accelerated growth.

guardian

Tags: federal governmentNigeria Digital economySoftware development
Previous Post

231,900 PVCs yet to be collected in a northern state

Next Post

Okowa says “Recover Nigeria” mission is on course

TrackUpNews

TrackUpNews

Track Up News is an online news publishing site aimed at disseminating newsworthy information to the public with high sense of objectivity.

Related Posts

Cancer Claims 80,000 Lives Annually in Nigeria – Health Minister
Health

Cancer Claims 80,000 Lives Annually in Nigeria – Health Minister

July 25, 2025
“DELTA APC APOLOGISTS IN FRESH PROPAGANDA TRICK”-Godslove Preye
Politics

“DELTA APC APOLOGISTS IN FRESH PROPAGANDA TRICK”-Godslove Preye

August 17, 2024
Niger: Group drags ECOWAS to court 
Track Up SoundBites

Niger: Group drags ECOWAS to court 

August 9, 2023
Principal Officers of the 10th Senate emerges
Track Up SoundBites

Principal Officers of the 10th Senate emerges

July 4, 2023
Egbetokun orders withdrawal of  police personnel from VIPs
Track Up SoundBites

Egbetokun orders withdrawal of  police personnel from VIPs

June 30, 2023
 LP Presents Over 18,000 Blurred PU Result Sheets
News

 LP Presents Over 18,000 Blurred PU Result Sheets

June 16, 2023
Next Post
Okowa says “Recover Nigeria” mission is  on course

Okowa says "Recover Nigeria" mission is on course

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Post

Delta Governor Reaffirms Commitment to People’s Interest

Delta @ 34: DOPF Congratulates Oborevwori, Calls for Signing of Security

August 28, 2025
Warri Rebirth Initiative Stresses Peaceful Co-Existence

Warri Rebirth Initiative Stresses Peaceful Co-Existence

August 26, 2025
Pastor Accused of Assaulting Journalist Granted Bail, Case Adjourned

Pastor Accused of Assaulting Journalist Granted Bail, Case Adjourned

August 26, 2025
Warri Federal Constituency ward delineation: The story so far

Warri Federal Constituency ward delineation: The story so far

August 26, 2025
230 Billion: Delta State Govt Unveils Plans for Infrastructure Devt

Delta @34: “No Lavish Celebrations, Focus on Development Projects”-Mulade

August 26, 2025

Popular Post

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
Facebook Twitter

About Us

Track Up News is an online news publishing site aimed at disseminating newsworthy information to the public with high sense of objectivity.

Categories

  • Crime (52)
  • Economy (53)
  • Education (20)
  • Entertainment (5)
  • Environment (7)
  • From The Pulpit (1)
  • Health (18)
  • Inside Niger Delta (5)
  • Kid's Corner (1)
  • News (305)
  • Politics (136)
  • Track Up SoundBites (35)

© 2022 TrackUpNews

No Result
View All Result
  • Home
  • News
  • Politics
  • Economy
  • Education
  • Crime
  • Health
  • Environment
  • Entertainment
  • Special Report

© 2022 TrackUpNews