INFORMATION TECHNOLOGY BUSINESS OPPORTUNITIES IN NIGERIA.ppt.pptVIP

INFORMATION TECHNOLOGY BUSINESS OPPORTUNITIES IN NIGERIABYOLIVER E. OSUAGWU, Ph.D, FIDPM, MNCS, MCPN, MBCSJIMSON OLUFUYE, M.Tech, MNCSOBI OKONKWO, M.Sc, MNCS, MCPNfor and on behalf of the National Executive Council, Nigeria Computer Society 1.0 INTRODUCTION NIGERIA WITH A POPULATION OF OVER 125 MILLION PEOPLE IS INDEED THE GIANT OF AFRICA. REGARDED AS MOST LIKELY BLACK POWER IN THE 21ST CENTURY BUT YET TO BE EMPOWERED TECHNOLOGICALLY INTRODUCTION CONTD I.T. IS THE NEW EMPOWERMENT TOOL AND FAILURE TO MASTER IT WOULD MEAN A LIFE OF PERMANENT SUBORDINATION TO THE MORE POWERFUL NATIONS OF THE WORLD M’BOW FORMER UNESCO SCRIBE APTLY CAPTURED THIS THUS: INTRODUCTION CONTD “Information Technology has opened up such a tremendous vistas for modern societies that any failure to master it would mean a life of permanent subordination. For Information Technology is more than a form of power, it is a power system. The Technology which it involves is not just one form of technology amongst others, but an ability to make use of other techniques to give or to refuse access to a whole range of scientific data and knowledge and thus to design new models of development” (Natrarajan 1980). 1.1 PRESENT MARKET SITUATION AWARENESS OF IMPERATIVES OF DEPLOYING ICT FOR NATIONAL DEVELOPMENT GAINING GROUND HOWEVER DETERENCE TO MASS ADOPTION OF IT CULTURE IS HIGH TARRIFF OF ACQUISITION OF TECHNOLOGY AND ITS APPLICATION MARKET SITUATION THIS IS DUE TO PREPONDERANCE OF WIRELESS LINK AS A RESULT OF ABSENCE OF IT INFRASTRUCTURE LIKE FIBRE OPTICS BACKBONE, WEAK TELECOM SECTOR, POOR POWER SUPPLY AND ABSENCE OF WORKING SUPERSTRUCTURE 120,000,000-1,000,000 IN USE = 119,000,000 DEMAND GAP FOR INVESTORS HIGH COST OF DEPLOYMENT NITEL LINE (DIAL-UP) COSTS N150,000 TO INSTALL IN SOME CITIES A PC OF 500MHz 20gb and 128 MB RAM PLUS A PRINTER MAY COST UP TO N100,000 FOR NON-BRANDED SYSTEMS AND MORE FOR BRANDED SYSTEMS LIKE ZINOX,IBM,COMPAQ DELL, ETC OTHER PROBLEMS LOW COMPUTER LITERACY RATE COMPU