Breaking News

Our target’s 30% ICT contribution to GDP—Osinbajo

By Emmanuel Elebeke

ABUJA—The Federal Government has said it was expecting 30 percent contribution from Information Communication Technology, ICT, to the nation’s Gross Domestic Product, GDP.

Vice President Yemi Osinbajo stated this, yesterday, while flagging off the 2016 DigitalAfrica Conference and Exhibition holding in Abuja on the theme Accelerated Development of Africa with Internet of Everything.

Osinbajo, who was represented by a Director in the Ministry of Communications Technology, Mrs. Monisola Udoh, said the Federal Government had resolved to use ICT to drive the change agenda of the administration, having observed its potentialities to create millions of jobs.

Osinbajo noted that the ICT sector had so much to offer the economy that it could not be ignored in the ongoing diversification.

He promised that government would give all necessary support to enable the ministry explore the benefits accruable from the sector to boost the fortunes of the dwindling economy.

The Vice President said: “This administration will not fail in using ICT to drive the economy. We have been doing everything possible in this direction.

“If we continue on this path, ICT should be contributing between 25 and 30 percent to the country’s GDP in a few years.

“We also have plans to create ICT-focused university. We have discovered that many youths lack requisite skills to compete in the international market.”

All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.