Computer Village in the Lagos State Capital of Ikeja has long been regarded as Nigeria's Silicon Valley. It is the largest market for ICT products in West Africa and has put itself on the world’s technology map. People from different parts of the country and outside go to do business there. The president of the Computer and Allied Products Dealers Association of Nigeria, Ojikutu Adeniyi, said that Computer Village generates NGN 1.5 Bn (USD 4,166,666) daily.
There are more than 3,000 ICT Small and Medium Enterprises (SMEs) in this market, most of which sell computers, phones, phone accessories, computer accessories, and other household electronics. This is the only known technology hub in West Africa that has signed a strategic partnership with Silicon Valley in the United States to promote its infrastructural development. Brands such as TECNO, Gionee, Infinix and others are represented in the hub.
Data shows that more than 20 million phones are sold at the village in a month. According to the National Bureau of Statistics (NBS), the market contributed about 2% to the national gross domestic product (GDP) in 2014. In 2018, Google CEO, Sundar Pichai, visited Computer Village and revealed plans for Google to train 10 million Nigerians in the next five years.
Computer Village is ranked among the best ICT markets in the world.
Header Image Credit: The Nation