Whopping! VP Osinbajo Reveals How Much Nigeria Generates From IT Investments


Vice President of Nigeria, Professor Yemi Osinbajo has revealed how much Nigeria generates from Information Technology investments. According to the VP, the federal government has generated up to $70 billion in IT.

Osinbajo disclosed this while inaugurating the Technology and Creativity of the Nigerian Industrial Promotion and Competitiveness Advisory Council at a the Aso Rock Presidential Villa in Abuja.

He added that, though Nigeria still ranked 134 in the ICT development sector, with the creative sector contributing just over 1.4% to Gross Domestic Product, the contribution of the technology and creative sectors is beyond macroeconomic benefits, but encompasses empowering the young working population and preparing them for the digital future.

Photo Credit: Getty

Leave a Reply