FG plans 21% ICT contribution to GDP

FG plans 21% ICT contribution to GDP

By Fly Cable News

The Minister of Communications, Innovations, and Digital Economy, Dr Bosun Tijani, has announced the Federal Government’s plans to raise the contribution of the Information and Communications Technology sector to Nigeria’s Gross Domestic Product to 21 per cent within the next two to three years.

He made this disclosure on Monday at the Public Servant Training Institute in Kubwa, Abuja, during the launch of a training programme for Data Protection Officers.

Tijani noted that the ICT sector currently contributes between 14 per cent and 16 per cent to the nation’s GDP and stressed the administration’s commitment to positioning the digital economy as a central driver of growth.

He said, “This sector is contributing anywhere between 14 –16 per cent to Nigeria’s GDP. Under this administration, in the next two to three years, our projection is that we will be able to take this to 21 per cent, which means it will continue to be important.”

He further expressed optimism that the government’s heavy investment in ICT infrastructure, artificial intelligence, and digital transformation would significantly boost productivity and economic growth.