Report: Exporting Tech Savvy Skills Out of Nigeria Will Present New Development Path for the Country
After significantly evaluating relevant trends impacting today’s global business landscape and Nigeria’s unique circumstances as well as her position in the world today, the report titled, “Nigerian Brain Exports: The Optimal Path to Growing the Nigerian Economy,” recommends placing Nigerians in high-end Global Value Chains (GVCs) as the best path forward.
With such a large population that has an average age of 19 years, Nigeria, according to PwC report, has significant Brain Capital advantage, especially considering the ageing population in countries such as Germany, Japan, Italy and the United States...
With case studies of India and Kenya and a few local examples of companies already exporting Brain Capital from Nigeria and actively participating in the GVC’s, the report created a plausible scenario in which Nigeria captures 17 percent of the global programming and software development jobs. The earnings that will accrue to Nigerians performing these jobs is about $50 billion.
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