Communications and Digital Economy Minister Isa Pantami said on Sunday that the ICT sector has saved the federal government N5,478,007,325.23 through its IT project compensation programs over the past two years. .
October 24 has been adopted in Nigeria as Digital Nigeria Day to promote the development of the digital economy and the day is also recognized by the UN as World Development Information Day.
Mr Pantami, represented by Bitrus Nabasu, said the ICT sector played a huge role in pulling the country out of recession in 2020.
He added that the sector was the only sector with a double-digit growth rate among the growing sectors in the country in the first quarter of 2020, as recorded by the National Bureau of Statistics.
“This growth was 14.07 percent. This growth rate was the only double-digit growth rate that exceeded the overall growth rate of the seven fastest growing sectors.
“The ICT sector experienced the highest growth rate in 2020 and the first quarter of 2021.
“The ministry and its parastatals have generated over N1 trillion for the federal government in less than two years.
“This translates to an average of 44 billion naira per month or more than 1.4 billion naira.
“1.05 trillion naira has been generated by the ministry and its parastatals; in addition, the ministry saved for the FG through the IT project compensation programs the sum of 5,478,007,325.23 naira, ”he said.
He also said that more than 600 million naira has been paid in tax by ICT companies to the account of the FG through the Federal Inland Revenue Service.
According to him, over the past two years, a significant number of national policies have been developed to create an environment conducive to the sustainable growth of the communications sector and the digital economy.
Mr Pantami said the policies have solved problems that have lasted for nearly a decade.
“Seventeen of these national policies have been developed and more are being implemented,” he said.
Some of the policies he mentioned were the National Digital Economy Policy and Strategy (NDEPS) 2020-2030, the NDEPS Implementation Roadmap and Nigeria’s National Broadband Plan 2020-2025. .
Others were the SIM card registration policy, the national policy for the promotion of indigenous content in the Nigerian communications sector, and the national policy on virtual engagements in federal public institutions.
The minister also said that there were more than 1,667 projects and centers established in the sector, while another 455 were underway.
He said that 219,196 citizens had benefited from various digital skills trainings organized by the ministry.
“These trainings include 200 women for ICT training and empowerment, 102 training for people with disabilities, 296 people trained on Nigerian data protection regulations, training of 21 Nigerian army personnel on cybersecurity .
“Capacity building program for 1,120 artisans, 212,000 people registered on the ministry’s digital academy and online academies, among others,” he said.
He also said that there have been over 61 million registrations for the National Identity Number and they continue to count.
Short Link: https://wp.me/pcj2iU-3Dnm
- Kano and Lagos demand a 1% increase in revenue allocation
- Guinea-Conakry deserves a just energy transition and more investments in oil and gas during the MSGBC Oil, Gas and Energy Forum in Dakar
- ITFC signs a 40 million euro agreement with SONACOS to finance the 2021/22 peanut season in Senegal
- We are not enemies of state, but partners in progress: Civil Society Organisations
- Beni: MONUSCO builds new camp for FARDC in Kididiwe
- USAID provides additional humanitarian assistance to the people of the Central African Republic
- Operational update on Ethiopia: responding to growing humanitarian needs amid increasingly difficult security conditions
- Homeland Security Investigations (HSI) and US Department of State Return Stolen Artifacts to Mali
- Cellulant to Power Payments for ImaliPay’s Drive for Gig Workers’ Financial Inclusion
- Liquid Intelligent Technologies Celebrates B-BBEE Level 1 Achievement
- Nigeria launches improved ePassport in the UK
- Health center burned amid wave of violence in Foube
- The Deputy Prime Minister and Minister of Foreign Affairs meets with the Minister of Foreign Affairs and International Cooperation of The Gambia
- Nigeria halts oil operation in Bayelsa
- WFP Briefing Note at the Palais de Geneva: Humanitarian Operations in Northern Ethiopia