ADVERTISEMENT
TechEconomy
Friday, June 6, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Pantami Excited with the Unprecedented 18.44% Highest Ever ICT Sector Contribution to Nigeria’s GDP

Pantami Excited with the Unprecedented 18.44% Highest Ever ICT Sector Contribution to Nigeria’s GDP

Techeconomy by Techeconomy
August 27, 2022
in News
3

RelatedPosts

Mohammed Idris, minister of Information and National Orientation (Insert GOCOP' book cover) -

Minister of Information to Chair GOCOP Book Launch in Abuja

June 6, 2025

NITDA Boss Calls for Tech Policies Covering 35 million Nigerians with Special Needs

June 6, 2025

Professor Isa Ali Ibrahim (Pantami), Nigeria’s Minister of Communications and Digital Economy, has expressed delight over the remarkable contribution of the Information and Communications Technology (ICT) sector to Nigeria’s Gross Domestic Product (GDP) in the second quarter of 2022 (Q2 2022).

The National Bureau of Statistics (NBS) stated this in the ‘Nigeria’s Gross Domestic Product Report’ for Q2 2022, released on the 26th of August, 2022.

Dr Femi Adeluyi, Technical Assistant (Research and Development) to the Minister, said the country’s Digital Economy sector under Professor Pantami has continued its trend of playing a key part in the growth of the economy.

https://techeconomy.ng/2021/08/pantami-reacts-to-ict-sector-17-92-contribution-to-nigerias-gdp-in-q2-2021/

The Report by the NBS indicated that the ICT sector contributed 18.44% to the total real GDP in Q2 2022.

“This is the highest contribution of ICT to the GDP and is truly unprecedented and marks the third time that the sector has achieved an unprecedented contribution to Nigeria’s GDP during the tenure of the Honourable Minister- in Q1 2020, Q2 2021 and now Q2 2022.

“The oil sector contributed 6.33% to the total real GDP in Q2 2022, which was lower that the contribution in Q2 ‘2021 and Q1 ‘2022, where it contributed 7.42% and 6.63% respectively. 

“The non-oil sector’s contribution grew by 4.77% in real terms, resulting in a 93.67% contribution to the nation’s GDP in the Q2 ‘2022, higher than Q2 ‘2021 and Q2 ‘2022, where it contributed 92.58% and 93.37% respectively.

“The Honorable Minister notes that the growing contribution of the ICT sector to the GDP is as a result of the commitment of the administration of President Muhammadu Buhari, to the development of the digital economy. 

“The diligent implementation of the National Digital Economy Policy and Strategy (NDEPS) for a Digital Nigeria, stakeholder engagement and creation of an enabling environment have all played an important role in this achievement.

“The support of President Muhammadu Buhari, has contributed immensely to the impressive developments in the sector. The unprecedented contribution of ICT to Nigeria’s GDP can also be attributed to the dynamic and results-oriented leadership of the sector. The GDP Report has shown how critical the ICT sector is to the growth of our country’s digital economy and, by extension, the general economy. 

“The Honourable Minister congratulates all stakeholders in the digital economy ecosystem for this cheering news”, Adeluyi said.

The Minister also renews his call to all sectors to take advantage of the Federal Government’s new focus on the digital economy to enable and improve their processes through the use of ICTs. 

“This would enhance the output of all the sectors of the economy and boost Nigeria’s GDP”, the statement concludes.

Loading

Advertisements
MTN ADS

Author

  • Techeconomy
    Techeconomy

    View all posts
0Shares
Tags: GDPNational Bureau of StatisticsNBS
Previous Post

Wragby Business Solutions is now NDPR Compliant

Next Post

Reuben Muoka, Omoniyi Ibietan Awarded Fellows of NIPR

Techeconomy

Techeconomy

Related Posts

Mohammed Idris, minister of Information and National Orientation (Insert GOCOP' book cover) -
News

Minister of Information to Chair GOCOP Book Launch in Abuja

by Staff Writer
June 6, 2025
0

Mohammed Idris, minister of Information and National Orientation, is to chair the public presentation of the book Nigeria Media Renaissance:...

Read more
35 million Nigerians and NITDA

NITDA Boss Calls for Tech Policies Covering 35 million Nigerians with Special Needs

June 6, 2025
TD Africa and Dell Technologies

TD Africa Deepens Strategic Ties with Dell Technologies in High-Level Executive Visit

June 6, 2025
NIMC NINAuth

NIMC Speaks over Police Commission’s Claim of Access Denial on Verification Platform

June 5, 2025
SIFAX Group

SIFAX Group Honoured with Distinguished Gender Inclusion Award  

June 2, 2025
Interswitch partners with PKB

Interswitch, PKB to Boost Lagos Smart Health Information Platform

May 31, 2025
Next Post

Reuben Muoka, Omoniyi Ibietan Awarded Fellows of NIPR

Comments 3

  1. Pingback: Pantami Excited with the Unprecedented 18.44% Highest Ever ICT Sector Contribution to Nigeria's GDP – TechEconomy.ng - TechEconomy.ng - news mania
  2. Pingback: ICTEL: Galaxy Backbone Says 18.44% ICT Sector Contribution to Nigeria's GDP a Sign of Growing Digital Economy – TechEconomy.ng - TechEconomy.ng - ABHI BEE
  3. Pingback: Top 7 Trends That Will Shape Nigeria’s ICT Sector In 2023 - TechEconomy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

Translate »
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.