Nigeria’s Minister of Communications, Innovations, and Digital Economy, Dr. Bosun Tijani, has unveiled plans to boost the Information and Communications Technology (ICT) sector’s contribution to the country’s Gross Domestic Product (GDP) to 21% within the next two to three years. Currently, the ICT sector contributes between 14% and 16% to Nigeria’s GDP.
Key Drivers of Growth
To achieve this ambitious target, the government is prioritizing investments in ICT infrastructure, artificial intelligence, and digital transformation. These initiatives are expected to significantly enhance productivity and economic growth.
Digital Economy Importance
Dr. Tijani emphasized the importance of a digital economy, stating that “there is no prosperity for any nation without a digital economy.” He also urged beneficiaries of the national certification training program to take the training seriously, as there is a huge global demand for such skills.
Data Protection and Cybersecurity
The minister acknowledged the vulnerabilities associated with increased connectivity and called for stronger measures to safeguard citizens. The National Commissioner and Chief Executive Officer of the Nigeria Data Protection Commission, Dr. Vincent Olatunji, announced that 500 participants would undergo certification as Data Protection Officers.
Empowering Youth and Entrepreneurship
The Minister of Youth Development, Ayodele Olawande, highlighted the administration’s commitment to empowering young Nigerians through entrepreneurship and innovation initiatives. The ministry plans to develop programs that foster collaboration between government agencies, the police, and youth organizations.
Nigeria’s ICT sector is poised for significant growth, driven by government investments in digital infrastructure, artificial intelligence, and cybersecurity. With a focus on empowering youth and promoting entrepreneurship, the country is well on its way to achieving its goal of increasing the ICT sector’s contribution to GDP.
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