FG targets 21% digital economy contribution to GDP — Minister

Minister of Communications, Innovations, and Digital Economy, Dr Bosun Tijani, has disclosed that the Federal Government’s plans to raise the contribution of the digital economy of Nigeria’s Gross Domestic Product (GDP) to 21 per cent.

 

Tijani said the digital economy as a key driver of economy currently contributes about 16-18 percent to the nation’s GDP.

 

He spoke on Thursday at a reception organised in his honour by his alma mater, Anglican High School, Quarry Road, Abeokuta, Ogun State.

 

The Minister equally met with members of tech community in the state where he highlighted the government’s plans and policies to drive technology innovations.

 

Tijani explained that increasing digital economy contribution to the GDP would open doors of more jobs and greater opportunities to young Nigerians.

 

“Digital economy already in Nigeria contributes anywhere between 16-18 percent to our GDP.

 

“The target of this administration is to take that to 21 percent and if we do that, it means we can create much more jobs. By creating more jobs, it means we can create more opportunities for the young ones,” the Minister said.

 

He explained that the government has been developing innovation hubs across the country in order to expose young minds to cutting – edge technology, saying the government will soon launch a code club in schools across the country.

 

“Also, for the first time in the history of this country, this administration is investing in 90,000 kilometres of fibre optic cables across the country which means schools like this when they to use the internet, it is not going to come through jungles, it will come through cables and they’re going to have the best internet that anyone anywhere in the World can have access to,” he said.

 

For his alma mater, he announced fellowship programme for top performing students from JSS1 to SS2 yearly with a reward of N100,000, uniform, shoes and laptop to each of the would – be beneficiaries.

 

Tijani, who said he left the school in 1993, also adopted a building for renovation, to be furnished with set of furniture and a smart board.

 

He told the students that his experiences at the school have shaped him to become what he’s today.

 

“I have memory of this school and those memories sometimes may not be palatable, but there are also palatable experiences on campus as well.

 

“The goal is to let you realise that if you are focused, there’s absolutely nothing you can not do. When you are today, the home you are from , the school you have been, is not what will determine your future. Your future will be determined by your ability to chose to take those experiences and turn them around for good,” he said.

 

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