ICT Boosts Economy With N1.549tr - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
September 19, 2019
The Information CommunicationTechnology, ICT sector now accounts for approximately ten per cent of nominalGross Domestic Product, GDP.
The Association of Licensed TelecomsCompanies of Nigeria, ALTON said as against 2016, it now has directcontribution of over one point five trillion naira to the economy.
The Association’s Chairman GbengaAdebayo in a letter addressed to Communications Minister Ibrahim Pantami,seeking to draw his attention to the numerous of problems besetting theindustry, said  the  sector has also constantly accounted for overthirty per cent of Nigerian Foreign Direct Investment since its deregulationin  2001.
Adebayo added that the sector hascreated over twenty thousand direct and one point five million indirect jobssince its deregulation in 2001.
He also urged the Minister to usehis office to get an Executive Order to be issued designating “TelecomsInfrastructure as Critical National Security and Economic Infrastructure.