• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Nigeria to use ICT to aid socio-economic development  

Titobioluwa Okunade by Titobioluwa Okunade
December 3, 2019
in Business News, Politics
Nigeria to use ICT to aid socio-economic development  
Share on FacebookShare on TwitterShare on Linkedin

The Federal Government of Nigeria is set to use Information and Communications Technology (ICT) to aid socio-economic development, thereby moving the country’s economy to knowledge-based.

According to Guardian, the Permanent Secretary, Federal Ministry of Communications and Digital Economy, Musa Istifanus, at the 7th Regular Meeting of the National Council on Communications and Digital Economy, themed ‘Leveraging the gain of ICT in Developing and Implementing Digital Economy Strategy in Nigeria’ disclosed that connectivity, capacity building and inter-agency collaboration were key factors that would close the digital gap and enhance technology development across the country.

“The policy thrusts of the ministry clearly articulate government’s intent in a number of thematic areas among which are local content development, ICT research, development and innovation, investment and funding, inter-agency cooperation in ICT hardware production, universal access and service internet and broadband.”

RelatedStories

GDP

ICT’s contribution to Nigeria’s real GDP declines to 16.35% in Q3 2024 – NBS  

November 26, 2024

The Permanent Secretary noted that people now recognize the benefits of ICT and the government was committed to taking advantage of the benefits through new policy interventions that would be required to address global challenges in areas such as digital economy and local challenges of social cohesion, escalating healthcare costs, ageing society and lifestyle changes.

[READ MORE: Warning signs: Nigerians living in extreme poverty might increase by 30 million – World Bank]

“New technologies and technology capabilities (interoperability, security, data analytics) offer new ways to make this achievable. The society is moving towards transparency. There are initiatives to increase engagement with the citizen, attract usage, develop increased levels of thrust and improve service delivery. ICT offers the best platform to achieve this.”

Meanwhile, Professor Olayinka David-West, Academic Director, Lagos Business School (LBS), while delivering a paper entitled ‘Harnessing New Opportunity Areas for Mobile Money Adoption in Nigeria’, expressed his concerns that only 4% increase in digital payments had been recorded since 2016. David-West added that out of the estimated 99.8 million adults in Nigeria, only 3.3 million are Mobile Money (MM) users, and of the 36.8% excluded, most are women.


Follow us for Breaking News and Market Intelligence.
Tags: Information and Communications TechnologyMusa IstifanusNational Council on Communications and Digital Economy
Titobioluwa Okunade

Titobioluwa Okunade

Related Posts

GDP
Economy

ICT’s contribution to Nigeria’s real GDP declines to 16.35% in Q3 2024 – NBS  

November 26, 2024
Next Post
Nigerians divided as Akin Alabi faults Nigerians abroad for investing in Nigeria 

Reactions trail Akin Alabi's criticism of Nigerians abroad investing in the country 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

arco
access bank
nairametrics
first bank









DUNS

Recent News

  • CBN says investor confidence in Nigeria rising as reforms deliver results 
  • Omi Eko: Lagos commences €410 million inland waterway project on Lagos Lagoon 
  • UBA, ACCESSCORP lead volume as All-Share Index firms above N94 trillion cap 

Follow us on social media:

Recent News

Cardoso to fintech CEOs: Technology innovation must be matched by strong governance 

CBN says investor confidence in Nigeria rising as reforms deliver results 

October 18, 2025
Lagos to earn additional $1 billion forex inflows annually 

Omi Eko: Lagos commences €410 million inland waterway project on Lagos Lagoon 

October 17, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics