The Association for Information and Communication Technology on Local Content (ICTLOCA) has backed the Central Bank of Nigeria (CBN) policies on foreign exchange.
The Association for Information and Communication Technology on Local Content has backed the Central Bank of Nigeria policies on foreign exchange.
Established in 2020, ICTLOCA is a non-profit organisation dedicated to fostering the growth and sustainability of the Nigerian ICT sector through local content development. The body noted that by supporting the CBN’s forex policy and promoting local content development, ICTLOCA has the potential to boost the Nigerian economy: A thriving local ICT industry can create jobs, attract investment, and contribute significantly to the country’s GDP; reduce dependence on imports by substituting imported ICT products and services with locally-made alternatives, Nigeria can save valuable foreign exchange reserves; enhance innovation with focus on local content can spur...
“By fostering collaboration, innovation, and capacity building, ICTLOCA is contributing significantly to the growth and sustainability of the Nigerian economy, empowering Nigerians to thrive in the digital age,” the body stated.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.
The bulging sewers litter around the university’s hostels reek of pungent smell as their gross contents seep out in trickles.
CBN FX Policy Gbolahan Awonuga ICTLOCA
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