Minister of Communications and Digital Economy in Nigeria, Prof. Isa Ali Pantami, has asserted that digitalisation has enabled Nigeria to develop a sustainable economy like other countries.
He stated that digitalisation always increases the economy of any country. The minister also said a digital economy could be resilient to adverse events such as COVID-19.
At the unveiling of a book as part of the ongoing “Digital Nigeria” initiative, the minister said, “Digitalisation increases efficiency, reduces waste, enhances productivity, increases transparency, and supports data-fication, amongst other things.”
“We have shown that the digital economy can greatly support the traditional economy. The digital economy’s contribution to Nigeria’s gross domestic product (GDP) and its role in making the economy resilient to adverse events like the COVID-19 pandemic are two good examples of the impact of the digital economy on the traditional economy.”
Earlier at a briefing, Pantami admitted that the ministry excelled at the recently concluded retreat for all ministers.
He said, “The assessment was based on the output indicators, and milestones for the eight ministerial deliverables and the ministry obtained the highest grade in each of the deliverables. For example, the implementation of Broadband Connectivity was 134 per cent, deployment of 4G across the country – was 127 per cent, and digitalising government functions and processes was 99 per cent.