Nigeria Eyes $18.3 Billion Digital Economy Boom by 2026, Says Rep Olajide

Hon. Adedeji Dhikrullahi Olajide, Chairman, House of Representatives Committee on Digital, Information Communication Technology and Cybersecurity, has emphasized Nigeria’s potential for digital growth at the 2024 Gitex Global tech and startup show.

Speaking at the Dubai World Trade Centre, Olajide acknowledged the evolving demands of technology in the digital world, stating that Nigeria must keep pace.

“Nigeria’s digital economy is expected to generate $18.3 billion by 2026, with the ICT sector contributing 13-18% to the country’s GDP,” Olajide said.

He disclosed that the Nigerian government’s Digital Economy Policy and Strategy program aims to leverage digital technology to drive growth across the economy, focusing on developmental regulation, digital literacy and skills, solid Infrastructure, service Infrastructure, digital services development and promotion, soft infrastructure, digital society and emerging technologies and indigenous content development and adoption.

Olajide, according to his Special Adviser, Media and Public Affairs, Tolu Mustapha, reiterated that the private sector has a crucial role to play in Nigeria’s digital transformation and also acknowledged that major international technology firms, such as Microsoft and Google, have launched initiatives to support Nigeria’s digital growth.

Ads

spot_img

Don't miss

Oyo Approves #5.8Bn For Circular Road Property Owners

The Oyo State Executive Council meeting, chaired by the...

Aides, Family Celebrates Alli’s Leadership, Impact at Birthday

  Aides and family members of Senator (Dr) Sharafadeen Alli...

Senator Alli Bags Independent Newspaper Legislator of The Year Award

Senator (Dr) Sharafadeen Alli of Oyo South was named...

Makinde Inaugurates Committees on 25-Year Tourism Master Plan and 2026 International Tourism Summit

Oyo State Governor, ‘Seyi Makinde, has inaugurated committees on...

Categories

spot_img

Oyo PMS Chairman, Amb. ‘Tommy’ Leads Over 40 Executives, Members in Hajj Prayer, Distributes Pilgrims’ Materials

In a powerful display of leadership and spiritual solidarity, Amb. Abdul-Wasiu Tomiwa Omolewa “Tommy”, Chairman of the Oyo State Park Management System, convened over...

Oyo Approves #5.8Bn For Circular Road Property Owners

The Oyo State Executive Council meeting, chaired by the State Governor, has approved compensation for over 900 property owners whose lands were affected by...

Aides, Family Celebrates Alli’s Leadership, Impact at Birthday

  Aides and family members of Senator (Dr) Sharafadeen Alli (APC–Oyo South) have extolled his exceptional leadership, generousity and unwavering commitment to public service as...

LEAVE A REPLY

Please enter your comment!
Please enter your name here