Tag: GDP

Nigeria’s Telecom Contribution to GDP hits 16% – NCC Boss

Emporium Reporters

The Executive Vice Chairman of NCC, Prof. Umar Danbatta said telecommunications sector’s contribution to the nation’s Gross Domestic Product (GDP) has increased significantly to 16 per cent in the second quarter of 2023, according to the data reported by the Commission based on the computation by the Nigeria Bureau of Statistics (NBS). Danbatta stated this in a keynote address delivered at the annual Telecom Executives and Regulators Forum (TERF) hosted by the Association of Telecom Companies of Nigeria (ATCON) in Lagos on Thursday. According to Danbatta, from a 14.13 per…

Pantami commends ICT’s 17.92% contributions to GDP

Emporium Reporters

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,…