7.15.3 Strategies The Government will: i. Provide incentives such as appropriate tax and import duty reliefs; ii. Facilitate the grant for pioneer status to qualified companies to encourage investment in the ICT sector; iii. Provide appropriate fiscal incentives to encourage local manufacture of ICT equipment and development of software; iv. Streamline procedures and requirements for the importation of ICT equipment; v. In collaboration with relevant agencies of Government, take practical steps to reduce the occurrence of multiple regulation and taxation in ICT; and vi. Adopt financing models that foster indigenous ICT entrepreneurship including venture capital and private equity. 7.16 Public Private Partnership Partnerships between the government and the private sector have tremendous potential for the qualitative delivery of ICT infrastructure projects, innovation, skills acquisition, and outreach of government services to Nigerians. Recognizing the private sector as the main engine of economic growth, Government is keen to foster a conducive environment for the functioning of viable, impactful and sustainable PPP initiatives. 7.16.1 Situation Analysis Private sector participation has been identified as a major catalyst in ICT development across the globe. However, often times, there is confusion as to roles, levels of contribution, and rules of overall engagement thus leading to fragmented outcomes. Nigeria is therefore yet to take full advantage of the enormous potentials inherent in public-private-partnership in ICT development. The necessary enabling environment should therefore be created for the realization of these benefits. !"#$%&"'()*+(,%'$-.(/(0120( ( ( ,"34(68(