The National Information Technological Development Agency (Nitda) has generated over N14.5 billion from the Information Technology Levy. Government imposed a one per cent Profit Before Tax (PBT) on companies engaged in Information Technology (ICT), telecommunications and other business establishments that rely heavily on ICT infrastructure.
Professor Cleopas Angaye, director general of the Nitda, said the fund had effectively aided the agency in its bid to promote IT in the country, stressing that the fund has been judiciously expended over the years.
Angaye said Nitda had set aside some money for the establishment of Solar Power IT centres of international standard in over 100 communities in Nigeria, each costing over 30 million. Part of the fund, he maintained had also been extended on building ICT centres in Nigerian tertiary institutions and also in the building and provision of electronic learning (e-learning) centres in a number of secondary schools where students meet to share ideas with their counterparts across the globe. The agency, he further added, embarked on ‘Public Service IT Network Scheme.’
 Angaye commended the federal government for the establishment of a sustainable Information Technology development fund (ITF), which it said would facilitate and fast-track the realization of its mandate of making IT affordable to all Nigerians. 
He said the measure would enable the agency extend its activities, even to the remotest parts of the country.
Angaye expressed satisfaction with the way the federal government and private sector had fully embraced information technology, noting that this had aided the nation’s social, economic, political and technological well being.
He insisted that Nitda had lived up to its statutory mandate as stipulated in its act 2007, explaining that the agency had been effectively coordinating, regulating and monitoring IT operations in the country.