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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
2
3
The jobs problem
4
The jobs problem
5
6
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
7
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
8
Jobs Inside ICT Enterprises
Content
Marketers
Software
Developers
Call centre
Operators
Support
services
Implementatio
n
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 inventions
9
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
11
Jobs In ICT enabled
Businesses
Operations
Personnel
Management
staff
Sales
Personnel
Service
personnel
12
The Virtuous Jobs Circle
IT Enabled
Business
ICT Business
Service
Personnel
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
14
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
15
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
16
3
CWG as a Case Study
17
18
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
19
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)
20
Former Executive Vice-Chairman, Nigeria Communications Commission
(NCC), Mr. Ernest Ndukwe commissioning the CWG Tier 3 Data Centre in
Lagos
21
The commissioning of the MTN Xaas platform. A solution that powers
the MTN Diamond Yello Account
CWG Academy
CWG/MTNXaaS
CWG OpenMall
CWG SMERP
26
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.
27
28

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Accelerating Job Creation in Nigeria through ICT Skills

  • 1. 1 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
  • 2. Talking Points  The job problem  ICT and jobs  Creating jobs with ICT 2
  • 4. 4
  • 6. 6 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
  • 7. 7 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
  • 8. 8 Jobs Inside ICT Enterprises Content Marketers Software Developers Call centre Operators Support services Implementatio n Manufacturing Business Management
  • 9. 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 inventions 9 1 Creating The Jobs in ICT Businesses
  • 10. 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
  • 11. 11 Jobs In ICT enabled Businesses Operations Personnel Management staff Sales Personnel Service personnel
  • 12. 12 The Virtuous Jobs Circle IT Enabled Business ICT Business Service Personnel
  • 13. 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
  • 14. 14 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
  • 15. 15 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
  • 16. 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 16 3
  • 17. CWG as a Case Study 17
  • 18. 18 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
  • 19. 19 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)
  • 20. 20 Former Executive Vice-Chairman, Nigeria Communications Commission (NCC), Mr. Ernest Ndukwe commissioning the CWG Tier 3 Data Centre in Lagos
  • 21. 21 The commissioning of the MTN Xaas platform. A solution that powers the MTN Diamond Yello Account
  • 26. 26 The virtuous jobs circle with CWG IT Enabled Business (34 million MSME jobs) ICT Business Service Franchisees (340000)
  • 27. 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. 27
  • 28. 28