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      Nigeria Customs Service Generated N1.54tr in 2020

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  • Home
  • Anti-Corruption
    • EFCC Nabs 10 Internet Fraudsters in Lagos

      EFCC

      EFCC Warns Nigerians Against Sale of NIN

      EFCC

      Ex-Finbank MD, Nwosu, Three Others Jailed N10.9bn Fraud

      EFCC nabs Internet Fraudsters

      PHOTO: New Year Eve, EFCC Arrests 21 Internet Fraudsters at Luxury…

      EFCC

      EFCC Secures 865 Convictions, Receives 10,152 Petitions In 2020

  • Government
    • President Muhammadu Buhari

      President Buhari Renews Tenures of Executives of River Basin Authorities

      CES 2021: Again, NITDA Presents Nigerian Startups for Global Technology Event 

      Senator Praises Buhari for Signing Modibbo Adama University Bill into Law

      NEMA Official

      NEMA, BOSEMA Return 200 Households to Communities

      Nigeria can Compete with Developed Countries in ICT- FG

  • Economy
    • The Return of Illicit Smuggling of Foreign Rice in Nigeria

      NCS customs boss Hameed Ali

      Nigeria Customs Service Generated N1.54tr in 2020

      NCS customs boss Hameed Ali

      Nigeria Customs Service Generated N1.54tr in 2020

      NCS customs boss Hameed Ali

      Nigeria Customs Service Generated N1.54tr in 2020

      NITDA Empowers Farmers with Digital Skills for smart agriculture

  • National
    • Presidency Reacts to a Muslim Group’s Quit Notice to Bishop Kukah

      lai Mohammaed former Minister Information

      Group Condemns Breach of FOI Act by MDAs

      CES 2021: Again, NITDA Presents Nigerian Startups for Global Technology Event 

      VIDEO: Little Girl Survives, Responds to Treatment after Removal of Vagina…

      The Return of Illicit Smuggling of Foreign Rice in Nigeria

  • Security
    • IGP Mohammed A Adamu Police Boss

      New Police Commissioners Resume in Imo, Oyo States

      Oyo state Command gets First Female CP, Ngozi Onadeko

      HORROR: Heartless Women Bath 10 Year old House Maid with Hot…

      airforce helicopter

      VIDEO: How Nigerian Helicopter Gunships Bombarded Boko Haram Convoys Day and…

      Troops in Sambisa Forest

      Troops Eliminate 64 Terrorists, Recover 10 Gun Trucks

  • Features
    • US Capitol Insurrection, Victims of Karma and a Lesson for Nigerian’s…

      Awaiting Trial inmate inmates in Prison

      COVID-19 and Safety of NCoS Inmates By Francis Enobore

      Police Commander ACP Haruna Adamu Gets Award for Leading Anti-Banditry Fight…

      DM Dauda of SDGs: Another Great One is Gone!

      DM Dauda of SDGs: Another Great One is Gone!

  • State
    • Traditional Ruler Facilitates National ID Cards for Subjects in Katsina

      breaking News

      Court Dismisses APC’s Certificate Forgery Suit against Obaseki

      breaking News

      Kwara Gov rues deaths at Baruten checkpoint, mourns casualties

      Arinola Lawal and the Revelations in Kwara Water Sector

      Police Commander ACP Haruna Adamu Gets Award for Leading Anti-Banditry Fight…

  • Event
    • Prof. AA Gwarzo: A Philanthropic Scholar @ 43  By Adnan Mukhtar…

      Prof. AA Gwarzo: A Philanthropic Scholar @ 43  By Adnan Mukhtar…

      Prof. AA Gwarzo: A Philanthropic Scholar @ 43  By Adnan Mukhtar…

      Foundation Honours Kaduna ICT Hub Boss for Promoting Digital Literacy

      Ali Nuhu Releases Action-Packed thriller “Bana Bakwai”

Home Government Minister commends ICT’s Contribution to GDP
  • Government

Minister commends ICT’s Contribution to GDP

By
Philomena O. Oshodin
-
September 11, 2019
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Naver

    Minister commends ICT’s Contribution to GDP

    The Honourable Minister of Communications, Dr Isa Ali Ibrahim Pantami, has hailed ICT’s contribution to GDP in the second quarter. In the report released by National Bureau of Statistics (NBS), the contribution of the Information and Communication Technology (ICT) to Nigeria’s Gross Domestic Product (GDP) surpassed that of Oil and Gas in the second quarter of 2019.

    The report, released on Tuesday 2nd September, 2019, observed that the country’s GDP grew by 1.94% (year-on-year) in real terms in the second quarter of 2019 compared to the second quarter of 2018, which recorded a growth of 1.50%. Furthermore, the non-oil sector contributed 91.18% to the nation’s GDP in the second quarter of 2019 as opposed to the 8.82% contributed to total real GP by the oil sector. Particularly, the ICT sector contributed 13.85% to total nominal GDP in the second quarter of 2019 which is much higher than the 11.22% contributed in the same period in 2018..

    The Honorable Minister observed that the significant contribution of the ICT sector to the GDP is as a result of the concerted efforts of the administration of President Muhammadu Buhari, GCFR, especially the manner in which the implementation of the administration’s Economic Recovery and Growth Plan (ERGP) is being pursued. These efforts, he said, led to a sustained focus on growing the non-oil sector of the economy, especially ICT and the results witnessed are testimonies of impact of these efforts.

    The Honorable Minister reiterated the Communication Ministry’s commitment to the economic diversification efforts of the present administration and called on all stakeholders to support Mr President’s laudable initiatives aimed at taking Nigeria to the next level.

    Philomena O. Oshodin (Mrs)
    Deputy Director/Head
    Information/Press & PR Unit.

    • TAGS
    • (NBS)
    • buhari
    • GDP
    • ICT
    • Minister
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      • Home
      • Anti-Corruption
        • EFCC Nabs 10 Internet Fraudsters in Lagos

          EFCC

          EFCC Warns Nigerians Against Sale of NIN

          EFCC

          Ex-Finbank MD, Nwosu, Three Others Jailed N10.9bn Fraud

          EFCC nabs Internet Fraudsters

          PHOTO: New Year Eve, EFCC Arrests 21 Internet Fraudsters at Luxury…

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          EFCC Secures 865 Convictions, Receives 10,152 Petitions In 2020

      • Government
        • President Muhammadu Buhari

          President Buhari Renews Tenures of Executives of River Basin Authorities

          CES 2021: Again, NITDA Presents Nigerian Startups for Global Technology Event 

          Senator Praises Buhari for Signing Modibbo Adama University Bill into Law

          NEMA Official

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          Nigeria can Compete with Developed Countries in ICT- FG

      • Economy
        • The Return of Illicit Smuggling of Foreign Rice in Nigeria

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          Nigeria Customs Service Generated N1.54tr in 2020

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          Nigeria Customs Service Generated N1.54tr in 2020

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          Nigeria Customs Service Generated N1.54tr in 2020

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      • National
        • Presidency Reacts to a Muslim Group’s Quit Notice to Bishop Kukah

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      • Security
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          HORROR: Heartless Women Bath 10 Year old House Maid with Hot…

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          VIDEO: How Nigerian Helicopter Gunships Bombarded Boko Haram Convoys Day and…

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      • Features
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      • State
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