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

Ex-Deputy Governor, Adeyemo Sworn-in As Oyo APC Chair, Urges Support for Tinubu

Former deputy governor, Chief Moses Alake Adeyemo, has formally...

Domestic Hydrocarbon Production Under President Bola Tinubu, GCFR. Restoring Nigeria’s Energy Strength and Investor Confidence

By Daniel Koussou Chukwuka Nigeria’s hydrocarbon sector is undergoing a...

Okeho Welcomes Future Leaders: FUNATO’s Pioneer Class Arrives

The Federal University of Agriculture and Technology, Okeho (FUNATO),...

IGP Tunji Disu Declares Zero Tolerance on Corruption, Promises Citizen-Centred Police Reform

Acting Inspector‑General of Police Tunji Disu, freshly decorated by President...

President Tinubu Calls for Unity as Lent and Ramadan Converge

With profound reverence to God Almighty, President Bola Ahmed Tinubu greets...

Categories

spot_img

Ex-Deputy Governor, Adeyemo Sworn-in As Oyo APC Chair, Urges Support for Tinubu

Former deputy governor, Chief Moses Alake Adeyemo, has formally assumed office as the Chairman of the Oyo state chapter of the All Progressives Congress...

Domestic Hydrocarbon Production Under President Bola Tinubu, GCFR. Restoring Nigeria’s Energy Strength and Investor Confidence

By Daniel Koussou Chukwuka Nigeria’s hydrocarbon sector is undergoing a strategic recovery that carries profound implications not only for the nation’s economy, but for Africa’s...

Okeho Welcomes Future Leaders: FUNATO’s Pioneer Class Arrives

The Federal University of Agriculture and Technology, Okeho (FUNATO), is set to ignite a new era of hope as it welcomes its pioneer students...

LEAVE A REPLY

Please enter your comment!
Please enter your name here