The Computer Village is an Information and Communications Technology (ICT) accessories market located in a community called Otigba, located at Ikeja, the capital of Lagos State, southwestern Nigeria. The market is the largest ICT accessory market in Africa. This is a very huge market. [1] [2] It is a perfect competition market, under the umbrella of the Computer and Allied Products Dealers Association of Nigeria [3] (CAPDAN). [4]
Apart from the sales of information and technology accessory, the markets also deals in the repair of mobile phones and computers. The computer and phone repairs could either be on software or hardware components depending on the nature of the fault. [5]
The market and its wide range of business activities gives opportunities to computer engineers and technicians who specialized in the repair of faulty computers and mobile phone to transact businesses with dealers of ICT accessory, thereby creating job opportunities for them. [6] The market is opened on a daily basis except on Sundays and public holidays. This daily business transactions and popularity has attracted new investors and ICT dealers across Africa thereby expanding the market size and population with profound effects on Lagos State economy. [7]
The ICT accessory market was formerly located at Ogunlana Drive, Surulere in the early 1990s and its current location was a mere residential area and offices. [8] Recently, Lagos State Government planned to relocate over 3000 traders
The market is a Perfect market in which no dealer influences the price of the product it buys or sells within the market. There are huge number of buyers and sellers in the market coupled with a large number of consumers with willingness to buy the products at a certain price with respect to their need and income. [9] There is no Barriers to entry and exit from the market, permitting long term adjustments to changing in the market conditions. [10] ICT dealers and consumers have perfect knowledge of price, quality of the products and its utility with zero incur cost In course of their transactions. [11] The market also permit buyers to make rational purchases on the basis of information and price knowledge. [12]
Certain activities in the market have strongly been criticized by a good number of people across the country, who have painfully experienced the loss of money and prized gadgets to the schemes of unqualified engineers and fraudsters, who use the chaotic market as a medium to rip off people or sell counterfeit products and services, such as mobile phones, software, accessories, etc. [13] [14] There are several stories about stolen phones that often find their way into the market, but these unlawful act are usually perpetrated by unregistered traders and Retailers, some of whom it behoves to transact on vehicles' hoods, walkways, and display units rather than a proper brick-and-mortar store. [15] [16] However, there are two major categories of traders in the market, the registered and unregistered or free traders, who often sell in a nomadic and unaccountable fashion. [17] The later category of traders are easily the perpetrators of the crime in the market, given their drifting liberties. Nonetheless, mechanisms are getting established to ward against unauthorized dealers, sellers, and fixers. [18]
The economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. It is ranked as the 31st-largest economy in the world in terms of nominal GDP, the largest in Africa and the 27th-largest in terms of purchasing power parity.
Ikeja is the capital city of Lagos State in southwestern Nigeria. Its population, as of the 2006 census, is 313,196. Prior to the emergence of military rule in the early 1980s, Ikeja was a well planned, clean and quiet residential and commercial town with shopping malls, pharmacies and government reservation areas. It lies 10.5 miles (17 km) northwest of Lagos city. The Murtala Muhammed International Airport is located in the city. Ikeja is also home to Femi Kuti's Africa Shrine and Lagbaja's Motherland, both venues for live music. Its Ikeja City Mall is the largest mall on the Lagos State mainland. Ikeja also has its own radio station, broadcasting both in English and in Yoruba.
Lagos State is a state in southwestern Nigeria. Of the 36 states, it is both the most populous and smallest in area. Bounded to the south by the Bight of Benin and to the west by the international border with Benin, Lagos State borders Ogun State to the northeast making it the only Nigerian state to border only one other state. Named for the city of Lagos—the most populous city in Africa—the state was formed from the Western Region and the former Federal Capital Territory on 27 May 1967.
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The 7th Lagos State House of Assembly was the legislative branch of the Lagos State Government inaugurated on 4 June 2011. The assembly ran its course till 3 June 2015. The assembly is unicameral with 40 representatives elected from each constituencies of the state. The Speaker of the 7th Legislative Assembly was Rt. Hon Adeyemi Ikuforiji and the Deputy speaker was Hon. Musibau Kolawole Taiwo. The election of representative for the 8th legislative assembly was held on 28 April 2015.
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The Attorney General of Lagos State also known as Lagos State Commissioner for Justice is the head of the Lagos State Ministry of Justice. The officer's duty is to ensure that "the laws of the state are uniformly and adequately enforced". The Attorney General carries out the responsibilities of the office through the Ministry of Justice. The Attorney General is appointed to a four-years term, with a maximum of two terms, by the Governor subject to the approval of the State House of Assembly. The incumbent Attorney General is Moyosore Onigbanjo appointed on 22 August 2019.
The Lagos State Judiciary is one of the three co-equal branches of the Lagos State Government organized under the Constitution of Nigeria and laws of Lagos State. The Chief Judges are appointed by the State Governor with the consent of the House of Assembly.
Kudirat Motonmori Olatokunbo, popularly known as Kudirat Kekere-Ekun, is a Nigerian jurist and Justice of the Supreme Court of Nigeria.
Lagos State Government is the government of Lagos State, concerned with the administration of the state ministries. The government consists of the executive, legislative and Judiciary. The government is headed by the Governor who is the policy-maker and often assisted by the commissioners and other civil servants of the state.
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Adebola Ismail Akindele is a Nigerian entrepreneur, business strategist and philanthropist. He is the Group Managing Director of Courteville Business Solutions, a provider of information technology, consulting, and business process outsourcing services. He is a member of the board of advisors of the East Africa Business Network (EABN). He was recognized as one of the "21 Nigerian tech CEOs at the top of their game" by the African Business Central magazine.
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