Pantami applauds ICT’s 17.92% contributions to GDP
Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, has applauded consistent growth in Information and Communication Technology (ICT) contributions to the nation’s Gross Domestic Product (GDP), which hit 17.92 per cent in the last quarter of 2020, and in the first quarter of 2021, and continued on an impressive trajectory.
The Minister, who gave the figures at the opening of the International Telecommunication Union (ITU’s) – (Foreign, Commonwealth and Development Office) FCDO Roundtable, and Technical Workshop on Building Capabilities for Sustainable and Inclusive Digital Transformation in Nigeria, said this “percentage is unprecedented, and this is only the contribution of ICT to our GDP without calculating digital services”.
Pantami said digital access and connectivity have become a necessity, as they play an increasingly vital role in our everyday lives and have become key drivers of the Fourth Industrial Revolution.
The Minister assured his audience, including representatives of ITU, FCDO, and other international agencies, embassies, and the Executive Vice Chairman of the NCC, Prof. Umar Garba Danbatta, that the “Federal Government understands that enormous private sector support, as well as support from international organizations, are essential to enable us to realize our lofty goals for Nigeria’s digital economy and this has informed our decision to partner with key international organizations such as the ITU and FCDO.
“The digital age is upon us, and all relevant stakeholders must be prepared for the enormous but inevitable change that will occur,” he said.
The Minister also assured of the Federal Government’s committed to the development of the digital economy, with a promise that “the Nigerian government will ensure that all critical infrastructure is made available for the facilitation of digital connectivity, transformation and ultimately, the realization of a robust digital economy”.
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission, NCC, Professor Garba Danbatta revealed that the Federal Government’s policies in the communications and digital economy sector are already yielding positive results including a reduction in the access gap, improved digital financial inclusion and a steadily increasing contribution to the GDP.
He stated that the sector has remained the most resilient in the country while stressing that the Commission recognizes the need to do more in strengthening the telecommunication sector and improving internet penetration.
“As of the end of 2021, the estimated population of people living in the underserved areas declined from 31.16 million in 2019 to 28.87 million in 2021, and the access gaps reduced from 227 to 114,” he said.
Danbatta assured that the Commission will not rest on its oars in supporting Internet penetration and improvement of services but prepared to support internet penetrations and digital skills to give concrete expressions to policies and initiatives to close identified gaps.
“The Commission is quite conscious of the need to do more and considers this Roundtable as another opportunity to gather feedback as well as expert opinions of participants.
“Therefore, all participants are enjoined to contribute freely and recommend measures that will further support Nigeria in meeting its connectivity target and develop a robust digital economy.
“We look forward to the outcome of your deliberations and expect feedbacks that will deepen the conversations on policies and initiatives for digital access and connectivity in Nigeria,” the EVC urged participants.
Add your voice
People reading currently
Unilever to exit home care, skin cleansing business
Fast Moving Consumer Goods company, Unilever Nigeria, has said that it will be exiting the home care and skin cleansing...
USAID brings localisation of African healthcare development into focus
The US Agency for International Development (USAID) has renewed this prioritisation, sparking conversation within the development community about the evolution...
Russell Sage Foundation fellowship for journalists
Application Deadline: May 2, 2023 (11:59 PM EST) In recognition of journalists’ reports on issues of relevance to Russell Sage...
IWD: ARTSPLIT partners foundation to empower women, young girls
In commemoration of International Women’s Day (IWD), ARTSPLIT, a leading investment technology Company partnered with Chude & Ego Foundation, a...
Aviation workers drag minister to court over airports concession
A group of aviation workers’ unions have dragged the Minister of Aviation, Hadi Sirika and the Federal Airports Authority of...
Kwara community to get N3bn power substation from FG
The Nigeria Government is planning to install $8m (about N3bn) 1x60MVA, 132/33KV power transmission sub-station in Oro in the Irepodun...
Platform for viewing Nigeria election results unveiled
Tech executives Oo Nwoye, and Ozo Omosigho have announced the launch of Collate, a platform for collating Nigeria election results in...
Microsoft Unveils Co-pilot, AI tool powered by GPT-4
Microsoft has unveiled a new Artificial Intelligence tool powered by GPT-4 from OpenAI called Copilot for its Microsoft 365 apps...
Andela acquires Qualified, technical skills assessment platform
Andela, the global network for remote technical talent, has acquired Qualified, the leading technical skills assessment platform to identify, qualify,...
BRT-train crash: 102 victims receiving treatment, says LASUTH
The Chief Medical Director of Lagos State University Teaching Hospital, Ikeja (LASUTH), Prof. Adetokunbo Fabamwo, has confirmed that 102 victims...