Software Piracy In Nigeria Gulps $225m

In the latest piracy research for Nigeria, the value of PC Software theft reached a new peak at $225 million in 2010, as 82 per cent of software deployed on PCs during the year was pirated.

Nigeria is experiencing a rising number of what has? turned out to be ‘accidental pirates’ – people who unintentionally purchased counterfeit softwares from resellers they believed? were reliable only to later find out they were duped.

In doing so, they exposed themselves to a plethora of risks, which in the long run could prove extremely costly for individuals, and often disastrous for businesses. A study of manufacturing companies in Brazil, Russia, India and China that chose to use illegal software showed? that more than $1.5 billion? were stolen from their in-market competitors that chose to play fair by using genuine software.