Nigeria’s population is an estimated 186 million people. This population suggests a massive potential workforce as well as a consumer base.
Often regarded as Africa’s sleeping giant, Nigeria has the potential to become one of the world’s most inspiring economic success stories given the size and scale of business and investment opportunities it presents.
Nigeria has the highest number of internet users in Africa, and has one of the fastest growing internet user bases in the world.
According to Statista, there are approximately 76.2 million Nigerian internet users as of 2017. This is an increase of nearly 50 percent from the 2013 figure of 51.8 million.
Nigeria continue to grow so much investments in mobiles, computer and electronics. The invention of new opportunities among technical developed countries like Malaysia, Singapore, America, Greece, Italy, Japan and China has made her and economy where all these inventions can be showcased and retailed.
Nigeria is a consumer oriented nation. Consumerism has taken over the manufacturing or investment opportunity in technology due to wrong government policy adopted over the years. More of assembling of technology devices is done while the raw materials needed to develop such technology are lacking.
This in turn has given rise to massive diversion of primary resources to consumerism ranging from every household goods to Automobiles.
The present government has declared war on foreign drinks and beverages. Though, smuggling and import padding allow such to be seen. Government regulation in this yardstick has been very effective.
There is no restricting regulation on technology; mobile, computer and electronics because we are still evolving in this sector. Only security measures in ensuring that the right and benefiting products are allowed into the country.
Get to discuss with us more on our new WhatsApp page with you for direct business relationships on your mobile devices, computers and electronics. We are also open to partnerships with more foreign counterparts. https://chat.whatsapp.com/4mxDjDGcr9K8tJ2qsnDXHf
Davak Systems & Technology 