What is ICT?
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WORLD BANK RELEASE ON ICT Technological progress is a driving force behind economic growth, citizen engagement, and job creation. Information and communication technologies (ICTs), in particular, are reshaping many aspects of the world’s economies, governments, and societies. In this context, access to the Internet has become a vital development tool. The so-called Fourth Industrial Revolution is a digital revolution that requires universal and reliable Internet access; without it, many developing countries will not be able to fully participate in an increasingly mobile and digital-based economy. Public officials, businesses, and citizens in developing countries can harness the transformative power of ICTs to provide more efficient services, catalyze economic growth, and strengthen social networks. 95% of the global population now live in an area that is covered by a mobile-cellular network. In Tanzania, for example, mobile money agents now outnumber all other financial intermediar
SENATE TO PARTNER US CHAMBER OF COMMERCE ON ICT FOR JOB CREATION The Senate has pledged its preparedness to work with the US Chamber of Commerce African Business Centre to develop the nation’s Information and Communication Technology (ICT) sector towards diversifying the nation’s economy and creating jobs. Senate President, Dr. Abubakar Bukola Saraki, made the pledge in Abuja when the Group led by Ms. Leila Ndiaye visited him ahead of the launch of the ICT Working Group in Abuja. Saraki, according to a statement by his Chief Press Secretary, Sanni Onogu, thanked the US Chamber for their interest in working together with relevant agencies to develop Nigeria’s ICT sector. He stated that the upcoming launching of the Working Group is timely for the country as the nation seeks to diversify its economy and develop new avenues to lower the unemployment rate, particularly among the youth. He noted that the activities of the Working Group will create many Public Private Partnership (P
INFORMATION TECHNOLOGY ERA Today, technology and modernization has made it in such a way that every one want his/her privacy. The word "trust" is even questionable and no more trusted by people. There is password on almost everything from phone to everything we can, just to protect our information and keep our privacy. But what sense does it make when keeping a password on our phone send us or another to the grave instead of saving life? What then are we "securing"?. Three friends had an accident in a car and became unconscious. A stranger got to the scene and wanted to call for help. He had no phone. There were six mobile phones in the accident car but all had password on them. They all died as a result. A pregnant lady collapsed at home with her little daughter(a minor). The little girl had no idea of what was happening but saw her mother gasping for air. She picked her mother's phone to call her daddy but there was a password on the phone. By grace, he
ICT CAN TRANSFORM NIGERIA''S ECONOMY-SARAKI The President of the Senate, Dr. Abubakar Bukola Saraki, has stressed the importance of Information and Communication Technology in transforming Nigeria’s economy and creating more job opportunities for the nation’s youth. In a press statement signed by his Special Adviser on Media and Publicity, Yusuph Olaniyonu, Saraki in a discussion with some visiting foreign dignitaries stated that developing an open and competitive ICT marketplace in Nigeria has the potential of contributing billions of dollars to our nation’s GDP. He said: “Nigeria’s ICT sector accounted for only 11 percent of our GDP in 2014. In an era where we are looking to diversify the foundation of our economy, in 2017, ICT can be a key source of potential revenue and livelihoods for millions of our enterprising youth. But the only way this will be possible is if we augment the regulatory and political attention that we devote to the sector. “Nigerians are keen to
FUTURE CONDITION OF ICT
Thursday, 4th May 2017 Nigeria may lose N612bn yearly ICT revenue due to counterfeiting About $2 billion revenue which yearly enters Nigeria earns from activities at Africa’s largest Information and Communications Technology (ICT) centre, Computer Village, Lagos, is currently under threat from counterfeiters. Counterfeiting has increased by almost 50 per cent within three years of a major raid by the Standards Organisation of Nigeria (SON) on the market, located at Otigba, in Ikeja. Besides the churning out of substandard products with their concomitant health and safety hazards, the nefarious activities also bleed the economy as manifest in the low volume of trade and revenue loss. Former Minister of Communications Technology, Dr. Omobola Johnson, at a Lagos forum shortly before leaving office in 2015, revealed that Computer Village contributes $2 billion (about N612 billion) yearly to the economy, noting that the fund comes mostly from phones and explora