{"id":71170,"date":"2022-08-29T11:38:20","date_gmt":"2022-08-29T10:38:20","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/pantami-excited-over-unprecedented-18-44-highest-ever-ict-contribution-to-nigerias-gdp"},"modified":"2022-08-29T12:48:04","modified_gmt":"2022-08-29T11:48:04","slug":"pantami-excited-over-unprecedented-18-44-highest-ever-ict-contribution-to-nigerias-gdp","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/pantami-excited-over-unprecedented-18-44-highest-ever-ict-contribution-to-nigerias-gdp","title":{"rendered":"Pantami excited over unprecedented 18.44% highest ever ICT contribution to Nigeria\u2019s GDP"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Honourable Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami), is very excited to hear of the remarkable contribution of the Information and Communications Technology (ICT) sector to Nigeria\u2019s Gross Domestic Product (GDP) in the second quarter of 2022 (Q2 2022). The National Bureau of Statistics (NBS) stated this in the \u2018Nigeria\u2019s Gross Domestic Product Report\u2019 for Q2 2022, released on the 26th of August, 2022.<\/p>\n<p>The Digital Economy sector under Professor Pantami has continued its trend of playing a key part in the growth on Nigeria\u2019s economy. 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\u2019s GDP during the tenure of the Honourable Minister- in Q1 2020, Q2 2021 and now Q2 2022.<\/p>\n<p>The oil sector contributed 6.33% to the total real GDP in Q2 2022, which was lower than the contribution in Q2 \u20182021 and Q1 \u20182022, where it contributed 7.42% and 6.63% respectively. The non-oil sector\u2019s contribution grew by 4.77% in real terms, resulting in a 93.67% contribution to the nation\u2019s GDP in the Q2 \u20182022, higher than Q2 \u20182021 and Q2 \u20182022, where it contributed 92.58% and 93.37% respectively.<\/p>\n<p>The Honorable Minister noted 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, GCFR 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 the creation of an enabling environment have all played an important role in this achievement.<\/p>\n<p>The support of President Muhammadu Buhari, GCFR, has contributed immensely to the impressive developments in the sector. The unprecedented contribution of ICT to Nigeria\u2019s 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\u2019s digital economy and, by extension, the general economy.<\/p>\n<p>The Honourable Minister congratulates all stakeholders in the digital economy ecosystem for this cheering news. He also renews his call to all sectors to take advantage of the Federal Government\u2019s 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\u2019s GDP.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Honourable Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami), is very excited to hear of the remarkable contribution of the Information and Communications Technology (ICT) sector to Nigeria\u2019s Gross Domestic Product (GDP) in the second quarter of 2022 (Q2 2022). The National Bureau of Statistics (NBS) stated this [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":71169,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,28,14,26],"tags":[1570,2140,632,254,1680],"class_list":["post-71170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-nigeria-2","tag-ict","tag-nigeria","tag-pantami"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Pantami excited over unprecedented 18.44% highest ever ICT contribution to Nigeria\u2019s GDP - Nigeria<\/title>\n<meta name=\"description\" content=\"The Honourable Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami), is very excited to h ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/pantami-excited-over-unprecedented-18-44-highest-ever-ict-contribution-to-nigerias-gdp\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pantami excited over unprecedented 18.44% highest ever ICT contribution to Nigeria\u2019s GDP\" \/>\n<meta property=\"og:description\" content=\"The Honourable Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami), is very excited to h ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/pantami-excited-over-unprecedented-18-44-highest-ever-ict-contribution-to-nigerias-gdp\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-29T10:38:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-29T11:48:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2022\/08\/postQueueImg_10-630ca75eb2218.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1043\" \/>\n\t<meta property=\"og:image:height\" content=\"644\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/pantami-excited-over-unprecedented-18-44-highest-ever-ict-contribution-to-nigerias-gdp#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/pantami-excited-over-unprecedented-18-44-highest-ever-ict-contribution-to-nigerias-gdp\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Pantami excited over unprecedented 18.44% highest ever ICT contribution to Nigeria\u2019s GDP\",\"datePublished\":\"2022-08-29T10:38:20+00:00\",\"dateModified\":\"2022-08-29T11:48:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/pantami-excited-over-unprecedented-18-44-highest-ever-ict-contribution-to-nigerias-gdp\"},\"wordCount\":435,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/pantami-excited-over-unprecedented-18-44-highest-ever-ict-contribution-to-nigerias-gdp#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2022\/08\/postQueueImg_10-630ca75eb2218.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"ICT\",\"Nigeria\",\"Pantami\"],\"articleSection\":[\"all news\",\"homepage-english\",\"Policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/pantami-excited-over-unprecedented-18-44-highest-ever-ict-contribution-to-nigerias-gdp#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/pantami-excited-over-unprecedented-18-44-highest-ever-ict-contribution-to-nigerias-gdp\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/pantami-excited-over-unprecedented-18-44-highest-ever-ict-contribution-to-nigerias-gdp\",\"name\":\"Pantami excited over unprecedented 18.44% highest ever ICT contribution to Nigeria\u2019s GDP - 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