Abstract
The Information Technology industry in Nigeria is experiencing rapid growth and development yet faces significant challenges in talent acquisition. This article explores the key problems and prospects associated with attracting and retaining skilled IT professionals in Nigeria. Through a comprehensive review of data from the Nigerian Bureau of Statistics and industry case studies, this study identifies several critical issues, including a shortage of skilled professionals, intense competition for talent, inadequate infrastructure, and limited career development opportunities. Using case studies of System Specs Nigeria, BOK TECH- Addressing Turnover Through Flexible Work Arrangements, and D_Market Seller - Leveraging Diversity for Innovation to examine how they navigated the IT talent acquisition challenges in Nigeria. Using the Human Capital Theory, the article examines potential solutions and prospects for addressing these challenges, such as improved leadership and management, advocating for positive government policies, enhanced collaboration among stakeholders, and effective crisis management. The study recommended effective recruitment strategies leveraging social media and partnering with universities and professional organizations to identify and recruit skilled professionals. Adopting strong Career Path Development and Professional Development Opportunities will attract prospective employees and the utilization of emerging technology to streamline recruitment, onboarding, and performance management processes, making it easier to manage talent. By addressing these challenges, Nigeria’s IT sector can better position itself for sustained growth and competitiveness in the global market.
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