ICT sector to increase contributions to Nigeria’s GDP, Pantami says

The Minister of Communications and Digital Economy Dr Isah Ali pantami, says the Information Communication Technology (ICT) sector will increase its contributions to the country’s revenue, to boost the country’s Gross Domestic Product (GDP).

The minister Isa Pantami, made the announcement when he featured at the News Agency of Nigeria (NAN) Forum in Abuja on Sunday.

However, he emphasised the importance of ICT to the growth of the country’s economy, noted that ICT remained the fastest growing industry and that it was critical to driving infrastructure development.

According to the minister, the country should expect more contributions, given the potential of the industry.

He added that Without the ICT sector, sometimes government will struggle to pay salary.“As it is, within the two years I spent in office, the remittance of ICT sector to the Federal Government account is over N1trillion; this is unprecedented.

“We only generate and give it to government for infrastructure-rail, transport, social intervention, works and housing, power and health.

Finally the minister said they generate,remit; and increased the generation by over 500 per cent by the time he took over,” Pantami said.

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