ICT Has Potential To Contribute 45% To GDP – Pantami

Pantami also committed to fully digitizing the economy, suggesting the ministries efforts are already reaping rewards.

Prof. Umar Garba Danbatta, Executive Vice Chairman, Nigerian Communications Commission (NCC) (Left), delivering his goodwill message virtually from Kano during the event / Photo credit: NCC
Prof. Umar Garba Danbatta, Executive Vice Chairman, Nigerian Communications Commission (NCC) (Left), delivering his goodwill message virtually from Kano during the event / Photo credit: NCC

The Minister of Communications and Digital Economy, Dr. Isa Pantami has said, with the digitization of the economy, the ICT sector has the potential of contributing as much as 45 percent of the country’s GDP.

The minister spoke at the maiden edition of Digital Nigeria Day (DND) 2020 hosted by the Federal Ministry of Communications and Digital Economy at the NCC’s Communications and Digital Economy Complex, Mbora, Abuja on Saturday, October 24, 2020.

According the Dr. Ikechukwu Adinde, NCC’s director of public affairs, in a statement on Saturday, Pantami also committed to fully digitizing the economy, suggesting the ministries efforts are already reaping rewards.

The Minister cited the World Economic Forum (WEF) report, which documents the huge economic potentials of digital economy, adding that based on this, the Ministry has developed the National Digital Economy Policy and Strategy (NDEPS) 2020-2030, the Nigerian National Broadband Plan (NNBP), 2020-2025 and several other policy initiatives to ensure effective digitisation of the Nigerian economy both from public and private sector perspectives.

Pantami, Adinde said, “listed the various initiatives his Ministry has embarked upon in the last one year said “Our efforts have culminated in impressive 17 per cent ICT contribution to the country’s Gross Domestic Product (GDP) by the second quarter of 2020,” adding that this is a testament to ongoing effective implementation of the digital economy policies already put in place.

“He said some of the challenges in the industry are being collaboratively addressed with emphasis on provision of digital skills to Nigerians and ensuring the citizens are protected online in line with our mandates as a Ministry.”

The Minister, Adinde said, “however stated that the digital economy as s sector could be contributing as much as 45 per cent to GDP, considering that services in other sectors are being digitised leveraging on the ICT infrastructure.

While thanking the agencies under the Ministry and industry stakeholders for their support so far, the Minister restated his commitment to continue to work in synergy with relevant stakeholders across Federal, State and Local governments towards effectively transforming Nigeria into a truly-digital economy.:

In their goodwill messages, the heads of agencies under the Ministry, including the Executive Vice Chairman of Nigerian Communications Commission, Prof. Umar Garba Danbatta; Chief Executive Officer, Galaxy Backbone, Prof. Muhammed Abubakar; Director General, National Information Technology Development Agency (NITDA), Kashifu Abdullahi; Director General, National Identity Management Commission (NIMC), Dr. Aliyu Abubakar; Chief Executive Officer, Nigeria Communications Satellite Limited (NIGCOMSAT), Dr. Abimbola Alale and the Director General, Nigeria Postal Services (NIPOST), Dr. Adebayo Adewusi, restated their resolve to work with the Ministry towards achieving the digital economy vision of the Federal Government.

In particular, Danbatta, being the Co-Chair, organising committee for the event, thanked the Minister for his pragmatic leadership, which is enhancing the performance of the ICT industry in Nigeria. “We are confident that achieving targets of the digital economy policy and broadband policy will help us achieve increased digital access, reduce digital divide, enhance digital culture and ultimately ensure the realisation of a knowledge-based economy for the country,” Danbatta said.

Representatives of industry associations such as the Association of Telecoms Companies of Nigeria (ATCON), Association of Licensed Telecoms Companies of Nigeria (ALTON), Institute of Software Practitioners of Nigeria (ISPON), Nigeria Computer Society (NCS) and Certified ICT Manufacturers of Nigeria (CIMON) delivered their goodwill messages, promising their continuous support to government initiatives and policies towards driving the frontiers of digital economy for Nigeria’s socio-economic prosperity.

Written by The Interview Editors

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