Technology Distributions Ltd., Sub-Saharan Africa’s biggest Information and Communications Technology (ICT) distributors made a glowing case for more significant investments in Nigeria’s booming ICT sector as it showcased the huge potential of the market when it hosted a high-powered team of executives from the headquarters of global digital giants, Google.
The event which held on Tuesday July 25 also witnessed the unveiling of TD’s new Ikeja office strategically located at 26 Kodesoh Street, a few metres from the popular and informally-christened Ikeja Under-Bridge.
In attendance was the Chairman, Zinox Group, Leo Stan Ekeh as well as other Senior Executive Management and staff of TD including Managing Director, TD Mobile, Mrs. Gozy Ijogun who played a major role in liaising with the Google International team for the visit; Managing Director, Sales/Marketing, Mrs. Chioma Chimere; Managing Director, Operations, Mrs. Shade Oyebode and Managing Director, Special Projects, Mr. Stanley Okpalaeke among others.
Also in attendance were a number of key partners such as President, Computer and Allied Products Dealers Association of Nigeria (CAPDAN), Mr. Adeniyi Ojikutu; MD/CEO, DreamWorks Nigeria Ltd.,Mr. Chuks Aylor; Sales Manager, SLOT Systems Ltd., Mr. Jonathan Uzomba; CEO, Yudala Ltd., Mr. Wole Ogundare; Founder/Vice President, Yudala Ltd., Prince Nnamdi Ekeh; representatives of Transsion Holdings, Mr. Chuks and Mr. Adams as well as MD, Edge Baseline Solutions Ltd., Mr. Onyinye Ejide, among others.
From TD’s office, the Google team were conducted on an immersion tour of the sprawling Computer Village – Nigeria’s ICT hub and arguably the biggest technology market on the continent.
The tour of Computer Village provided a useful opportunity for the team to feel the pulse and garner a first-hand experience of the daily hustle, sheer scale and volume of transactions, immense opportunities and potential that abound in the Otigba market super-structure which represents a fitting microcosm of Nigeria’s growing ICT sector.
Earlier in his address, Ekeh who shared insights from his over three-decades of serial digital entrepreneurship urged the visiting team to see the numerous opportunities that abound from structured investments in the Nigerian ICT sector.
“Technically, I pioneered IT in the country about 30 years ago. I brought the likes of HP which currently owns about 60% share of the market to Nigeria. Same for the likes of Compaq, Apple, Lenovo and Microsoft among others. Nigeria is not as bad as it’s talked about globally. We are very hospitable people. We appreciate foreigners. We want them to come in here to do business and the Government protects you; even the corporate bodies and individuals protect you.
“There are no financial risks in the Third World because the currency moves. When you have a country like Nigeria with a lot of resources and human capital that is largely untapped, the potential is huge. For instance, Google can invest a little bit on human capital, say in three universities in diverse regions in Nigeria and create an incubation hub to train human capital or what I call finishing school.
“The guys have the basic but they need to see the global big picture to learn coding and other associated skills. It doesn’t cost a whole lot. People like us have been doing it over the years to bring up most of the people you’ve seen here.”
While welcoming the Google team to Nigeria, Ekeh disclosed that TD Africa pioneered ICT distribution in Nigeria with a vision to becoming the biggest players on the African continent – a dream which saw the company make about $45m within its first year of operations based on personal guarantee and integrity. He also cited the examples of other partners such as SLOT Systems and Transsion Holdings, best known for its leading mobile brands including TECNO, itel and Infinix who have prospered from their ambitious tech investments in Nigeria.
Ekeh’s submission was echoed by the partners in attendance, most of whom took the opportunity to share details of their respective organization’s growth trajectory in the Nigerian ICT sector.
From the speech by the CAPDAN President, Ojikutu through the contributions by DreamWorks’ Chuks; SLOT’s Uzomba, Transsion Holdings’ Chuks and Yudala’s CEO, Ogundare; a common thread was discernible: Nigeria’s human capital capacity, the massive scale of transactions and huge potential residual in its ICT sector calls for more significant investments from Google in the country.
In his submission, President of EMEA Business & Operations for Google, Mathew John Brittin disclosed that the company is firmly committed to deepening its footprints in Nigeria.
“We have been in Nigeria for seven years with a small team of experts, all Nigerians who are passionate about seeing Nigeria make the most of the digital world. We share the view about the numerous opportunities in Nigeria for Nigerians.
“Three things are top of mind for us: the first is access so we have been part of the explosive growth of TECNO, Infinix and others with Android. This is something we are very proud of. I own some of these devices and I can see that they are very great devices so we appreciate them. How we can help with the explosion of access to make the internet a certain reality for everyone is a key thing that we are focused on here and that includes making our products and services work better on lower cost connections.
“Second is the computing revolution with smarter tools that work for everybody. If you can’t read and can’t spell, that’s our problem. We want you to be able to talk to us and we’ll give you an answer in your language. We are really working hard on making the next generation of tools better for everyone and also helping local developers do the same. We’ve funded some universities with free apps and we are trying to do more around developing a launch pad programme here to help local developers build local apps that can power the next generation of entrepreneurs and successful businesses here.
“The third thing and which is really important to us is education. We have piloted over the last year, here in Nigeria, programmes on basic digital skills for everyone: individuals, SMBs, developers and we set out with an aim to train 400,000 in a year. We’ve trained 600,000 with some government support and encouragement and we are looking at what we can do to take that further into the future. We look forward to the next chapter of our partnership with all of you,” he enthused.