How and Why Lagos is Breeding Ground for Techpreneurs
TECHNOLOGY
entrepreneurs’ (techpreneurs) and most
technology startups have remained
concentrated in Lagos due to the dearth
of basic physical and organizational
structures and facilities needed for the
operation of their enterprises outside the
megacity, investigations have shown.
Also, the city and the entrepreneurial
spirit it represents have become an
enduring part of Lagos lore.
For instance, on a weekly basis,
technologies startups with innovative
products and services are launched, but
are constrained to remain in the city no
thanks to unavailability of bandwidth,
frequent electric power cuts, bad roads,
unsavory tax systems, are among few
factors in most parts of the country.
Mr. Ejomofo Obi, managing director,
Lamudi Nigeria, told Nigeria
CommmunicationsWeek that most
techpreneurs would wish to expand their
tentacles beyond Lagos but issues around
infrastructural development have to be
addressed.
According to him, techpreneurs are not
mainly concerned with Government
funding, “rather we prefer a situation
where the infrastructure is in place to
help drive growth.
“Most startups prefer to remain in Lagos,
because this is where majority of the
network operators are. This is where you
have relatively good road network to
deliver items, if you are into e-
commerce. Now, as a technology
company you need to track your
business, which calls for bandwidth.
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