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ADDRESS BY PROF. DORA AKUNLIYI, HONOURABLE

MINISTER OF INFORMATION AND COMMUNICATIONS, AT

THE OPENING OF THE NATIONAL “OFF-SHORE NIGERIA”

CONFERENCE, HELD AT SHEHU MUSA YAR’ADUA CENTRE,

ABUJA, ON 2ND JUNE,2009.





PROTOCOLS

It is my pleasure to welcome you all to the National

Outsourcing Conference tagged “Offshore to Nigeria.” I do

wish to congratulate the World Bank and the Outsourcing

Development Initiative of Nigeria (ODIN) for organizing this

conference. The initiative is not only a right step in the right

direction, it is timely, as all efforts are now directed at

repositioning Nigeria as an acceptable brand.



2. This Conference is geared towards sensitizing the public

and the private sector on the benefits of developing the

outsourcing industry in Nigeria and how best to position

Nigeria as an offshoring destination of choice for organizations

all over the world.



3. Outsourcing arose as a management tool out of a

compelling need for organizations to be more productive,

focusing more on their core businesses, becoming more

competitive and more profitable. Today outsourcing represents

a whopping US$100 billion market that is growing at more than

30 percent per annum, with India taking the lead as the global

leader of the off shoring market. A position Nigeria can attain if

outsourcing/offshoring is given the required focus and right

enabling environment to grow the industry.



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4. It is a fact that Nigeria’s economic potential is vast. The

country’s considerable resource endowment, strategic coastal

location and large internal market should allow it to become an

economic powerhouse for Africa. Yet Nigeria has realized very

little of these great potentials. However, a turnaround is in the

making and conditions seem right for an ambitious push towards

a path of rapid and sustainable growth and development. The

present administration is very keen in supporting private sector-

led growth and looking for opportunities to diversify the economy.

While oil revenues are plentiful right now, government recognizes

that the key to long term growth lies in developing the non-oil

sector and empowering the private sector.



5. In this search for higher value added activities a new sector

presents itself – offshoring, especially in the Information

Communications Technology [ICT] Sector. Technological changes

in the past few years have transformed the global economy. In

the past, goods and capital could be exported relatively easily

while services and labour could not. In those days, successful

economic strategies attempted to attract capital to an economy in

order to produce more goods that could be exported and traded

for things that could not be produced domestically. However,

technological advancement in the late Twentieth and early

Twenty-First Centuries mean that it is no longer true that goods

are tradable and services are not. In fact more and more

services are easily tradable. Countries that are realizing this are

reaping great benefits from adapting their economies to be able

to compete better in the trade.







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6. The outsourcing industry is an industry with immense

potentials for economic growth and development. The

advantages that abound in this sector can not be over-

emphasized as a vibrant outsourcing sector. It is an industry

that serves as a means for:



 Revenue generation



 Wealth creation



 Creation of employment



 Skills enhancement and human capacity development



 Technological advancements



7. All these will culminate in increased GDP level thereby

raising the standard of living of the people. With these benefits

coming to Nigeria from this industry, it will be an obvious

indicator that Nigeria is well positioned to live up to its brand

image as a country of “Good People, Great Nation”.



8. For this industry to be fully realized in Nigeria, there must

be concerted Public and Private Sector participation and

partnership. Garnered from the Indian, Chinese and Ghanaian

experience, Public Private Partnership is the most effective way

to successfully launch and maintain this industry in any nation.



9. In conclusion, there’s a need to create awareness and

advocacy for outsourcing in Nigeria as the industry is a sector

that is still relatively unknown in Nigeria. The few outsourcing

companies in Nigeria are doing businesses with limited resources

and infrastructural base. No doubt they are faced with a lot of



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challenges and constraints. The biggest constraint being an

unwillingness of corporations and companies in Nigeria to

outsource their non – core competencies, mainly due to

misconceptions about the nature of outsourcing and what it

entails. Most corporations in Nigeria and even government

agencies see outsourcing as purely beneficial to the outsourced

company and fail to see the benefits for them. These benefits

they fail to see include:



 Getting access to cheaper and more efficient labor;



 Cutting up on labor training cost;



 Getting access to better technologies at a cheaper cost;



 Increase in productivity and efficiency;



 Concentrate on core competencies, etc



10. This conference is thus a medium to showcase the benefits

of outsourcing not just to the economy and the Nation as a

whole, but also to the companies that stand to benefit from the

creation of an outsourcing culture.



11. Your Excellencies, Distinguished Ladies and Gentlemen,

although micro and macro economic benefits of outsourcing are

far from clear, using a micro analytic approach to study firms and

companies, the following benefits could be derived:



i. By outsourcing non core competencies and focusing on

their core competencies, firms can realize substantial

potential savings by streamlining operations, improving

the effectiveness and efficiency of business processes



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and showing measurable return-on-investment that are

required to stay competitive.



ii. Also, by outsourcing non core competencies, firms are

more focused on the products and services they offer.

This enhances product innovation and diversity which

are also required to stay competitive. Taking this

perspective, outsourcing can be seen as a re-

organizational effort aimed at reduction of transaction

costs in a broad sense, thereby taking into account the

comparative costs of planning, adapting and monitoring

task completion under internal governance structure,

and



iii. The International Aid Agencies can offer assistance and

support by assisting in funding, creating awareness at

National and International levels, assisting in

sensitization campaigns like organization of seminars,

conferences etc. They can also offer assistance by

making readily available to the outsourcing companies

their wealth of experience and expertise in these

matters.



12. Distinguished Ladies and Gentlemen, with this I come to the

end of my address. I hope that I have been able to enlighten you

on the immense benefits and potentials this industry holds for

Nigeria. Once again I welcome you all.



13. Thank you for your rapt attention.









5

DPC,







Your directive on page 34 of file refers please.



2. Abc is the draft speech for the Permanent Secretary.



3. Submitted please for your perusal and f.n.a.









IBIDAPO OKUNNU

ACIO (PC)

18th May, 2009









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