Mr. Austin Okere, Founder and Executive Vice-Chairman, CWG Plc Friday, January 22, 2016 Accelerating Wealth and Job Creation in Nigeria through ICT Skills and Capacity Development
Accelerating Wealth and Job Creation in Nigeria through ICT Skills and Capacity Development
Apr 12, 2017
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Mr. Austin Okere,
Founder and Executive Vice-Chairman, CWG Plc
Friday, January 22, 2016
Accelerating Wealth and Job Creation in Nigeria through ICT Skills and Capacity Development
Talking Points
The job problem
ICT and jobs
Creating jobs with ICT
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The jobs problem
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The jobs problem
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0 100 200 300 400 500 600 700
USA
India
ICT Contribution to Job creation and GDP in countries around the world
Legend Contribution to GDP in % Jobs created in 10,000
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0 2 4 6 8 10 12 14
2012-2014
2016-2020
Source: NITDA
Contribution to GDP(%)
Jobs creation(millions)
ICT Jobs Creation In Nigeria
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Jobs Inside ICT Enterprises
Content Marketers
Software Developers
Call centreOperators
Support services
Implementation
Manufacturing Business Management
Invest in ICT Entrepreneurs
Provide funding options
for new ICT enterprises
Fund ICT incubation
hubs to nurture new
ideas
Give special intervention
aids to existing ICT firms
for R&D and inventions9
1
Creating The Jobs in ICT
Businesses
Invest in ICT Entrepreneurs
High Mortality rate. 90%
or more of startups fail.
ICT startups tend to be
small in size ~ 10-20
employees
Scaling those that
survive quickly require
considerable capital e.g.
Uber 10
1
Creating The Jobs in ICT
Businesses
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Jobs In ICT enabled
Businesses
Operations Personnel
Management staff
Sales Personnel
Service personnel
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The Virtuous Jobs Circle
IT Enabled Business
ICT Business
ServicePersonnel
Invest in ICT to Enable Existing Businesses
Promote ICT for growth in
micro, small and medium
enterprises – microfinance,
retail, agriculture, health, light
manufacturing, transport
Empower MSME’s with ICT
solutions developed by ICT
enterprises.
Build out the support
ecosystem with franchisee
network 13
2
Creating Jobs In ICT enabled
Businesses
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34,600,000Number of SMEs in
Nigeria (2014)
If each one adds 1 staff
because ICT has made
business grow 34,600,000 Jobs
Creating Jobs In ICT enabled
Businesses
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34,600,000Number of SMEs in
Nigeria (2014)
There is a need for 1
support personnel per
100
340,600 Jobs
Creating Jobs In ICT enabled
Businesses
Build The Employable Skill Base
Equip the universities and
tertiary institutions to produce
basic ICT skills – for instance
re-activate NgRen
Sponsor training of ICT
entrepreneurs to be able to
support MSME ICT usage
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CWG as a Case Study
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Mr. Austin Okere, Founder and Executive Vice-Chairman, CWG Plc
speaking on the role of Science, Technology, Engineering and Math
(STEM) at the World Economic Forum Conference in Dalian, China
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Mr. Austin Okere, Founder and Executive Vice-Chairman, CWG Plc
rigging the closing gong to signify close of transactions on the floor of the
Nigerian Stock Exchange (NSE)
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Former Executive Vice-Chairman, Nigeria Communications Commission
(NCC), Mr. Ernest Ndukwe commissioning the CWG Tier 3 Data Centre in
Lagos
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The commissioning of the MTN Xaas platform. A solution that powers
the MTN Diamond Yello Account
CWG Academy
CWG/MTNXaaS
CWG OpenMall
CWG SMERP
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The virtuous jobs circle with CWG
IT Enabled Business
(34 million MSME jobs)
ICT Business
Service Franchisees (340000)
In Summary
More jobs will be created if we enable our
MSMEs to grow through use of ICT
We need to direct some of the MSME funds and
venture capital funds to fund MSME acquisition
of sustainable ICT
We need to enable our tertiary schools produce
ICT job ready graduates
We need to partner with companies like CWG.
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