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

Free Eye Test Day in Ibadan: Oke-Alaro Muslim Community Calls for Public Cooperation

The Oke‑Alaro Muslim Community, in partnership with Makkah...

At Ologuneru, It Was A Battle Of Wits And Wills Over Circular Road Corridor | By Sulaimon Olanrewaju

By Sulaimon Olanrewaju The atmosphere was thick with apprehension. Palpable...

Circular Road: We’ll Resolve Setback, Corridor Issues, Makinde Tells Lan

In fulfillment of his promise to visit the Ologuneru...

Oyo Budget Commissioner, Prof Babatunde Pledges Poverty -to -Prosperity Roadmap in #891.98bn 2026 Proposal

The Oyo State Government, through Commissioner for Budget and...

I Will Score Makinde Distinction, Says Nigerian Economic Society President, Adenikinju

President of the Nigerian Economic Society, Professor Adeola Adenikinju,...

Categories

spot_img

Free Eye Test Day in Ibadan: Oke-Alaro Muslim Community Calls for Public Cooperation

The Oke‑Alaro Muslim Community, in partnership with Makkah Eyes Specialist Hospital, is urging all participants of today’s free medical eye test to cooperate...

At Ologuneru, It Was A Battle Of Wits And Wills Over Circular Road Corridor | By Sulaimon Olanrewaju

By Sulaimon Olanrewaju The atmosphere was thick with apprehension. Palpable fear filled the air. Even some government officials walked with trepidation. Everyone was cautious and...

Circular Road: We’ll Resolve Setback, Corridor Issues, Makinde Tells Lan

In fulfillment of his promise to visit the Ologuneru axis of the ongoing 110km Senator Rashidi Ladoja Circular Road project to engage with property...

LEAVE A REPLY

Please enter your comment!
Please enter your name here