Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim Pantami has said ICT will continue to play remarkable role in boosting Nigeria’s GDP.
The minister disclosed this in a statement by his technical assistant Dr Femi Adeluyi in reaction to the sector’s 18.44% contribution to the GDP in the second quarter of 2022 as revealed by the National Bureau of Statistics (NBS) on Saturday.
The statement said, “The Digital Economy sector under Professor Pantami has continued its trend of playing a key part in the growth on Nigeria’s economy.
“The report by the NBS indicated that the ICT sector contributed 18.44% to the total real GDP in Q2 2022.
“This is the highest contribution of ICT to the GDP and is truly unprecedented and marks the third time that the sector has achieved an unprecedented contribution to Nigeria’s GDP during the tenure of the Honourable Minister- in Q1 2020, Q2 2021 and now Q2 2022.”
Pantami notes that the growing contribution of the ICT sector to the GDP is as a result of the commitment of the administration of President Muhammadu Buhari to the development of the digital economy.
He said the diligent implementation of the National Digital Economy Policy and Strategy (NDEPS) for a Digital Nigeria, stakeholder engagement and creation of an enabling environment have all played an important role in this achievement.
The GDP report has shown how critical the ICT sector is to the growth of our country’s digital economy and, by extension, the general economy.
The minister congratulated all stakeholders in the digital economy ecosystem for this cheering news.
