How Nigeria Can Become World’s Leading Outsourcing Destination – NACCIMA

July 26, 2023
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Dele Oye, NACCIMA President

The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has said Nigeria has the potential to become a leading outsourcing destination, taking advantage of its large pool of highly educated and talented workforce.

The NACCIMA boss, however, noted that the nation must first take deliberate steps to confront various challenges that have hindered its progress in the past, including security and political instability, poor infrastructure, and limited access to finance, among others.

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Oye spoke at the Nigerian Export Promotion Council (NEPC) National Conference on Trade-in-Services in Nigeria, with the theme, “Making Nigeria a Global Outsourcing Destination,” held at the NEPC Headquarters in Abuja.

The Conference with emphasis on outsourcing and Information Technology Enabled Services (ITES) in Nigeria aims at providing a platform for networking, sharing ideas, and suggesting policies that would advance the interest of the outsourcing industry in Nigeria.

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Oye noted, “As the President of NACCIMA, it is my responsibility to champion the interests of Nigerian businesses and entrepreneurs. We are all aware that outsourcing has become a key business strategy in today’s global economy. Companies all over the world are seeking to outsource their non-core activities to more cost-effective locations. Nigeria has the potential to become a leading outsourcing destination and take advantage of this trend, especially with its large pool of highly educated and talented workforce.

“However, the road to achieving this will not be easy. We must confront various challenges that have hindered our progress in the past. These challenges include security and political instability, poor infrastructure, and limited access to finance, to name a few.”

He continued: “But I am glad to report that efforts are being made to overcome these challenges. The government has rolled out various initiatives to improve the business environment and attract foreign investors. The establishment of special economic zones across the country is one such initiative that is geared toward creating a conducive environment for doing business.

“In addition, the private sector has a critical role to play in making Nigeria a global outsourcing destination. Businesses must invest in upskilling their employees and providing them with the necessary tools and resources to become competitive in the global market. We must also foster a culture of innovation and creativity, which is essential for developing high-quality services that meet global standards.”

The NACCIMA boss added, “Distinguished guests, ladies, and gentlemen, let me conclude by saying that making Nigeria a global outsourcing destination requires a collaborative effort from all stakeholders. It is only by working together that we can overcome the challenges and capitalize on the opportunities that lie ahead.

“We must also remain committed to the task and remember that Rome was not built in a day. With hard work, dedication, and perseverance, I am confident that we can make Nigeria a leading outsourcing destination in Africa and the world at large.”

PBA Reporter
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