Data have shown that activities in Information and Communications Technology (ICT) contributed 19.78% to Nigeria’s real Gross Domestic Product (GDP) in the second quarter of 2024.
The National Bureau of Statistics (NBS) disclosed this in the 2nd quater of 2024 GDP statistics released on Monday.
This shows a marginal increase in contribution when compared to the 19.54% recorded in the same period last year.
Quarter on quarter, the sector also recorded an increase in contribution when compared with the preceding quarter. The NBS data showed that ICT contributed 17.89% to the real GDP in first quarter of 2024.
According to NBS, the ICT sector comprises the four activities of Telecommunications and Information Services; Publishing; Motion Picture, Sound Recording, Music Production and Broadcasting.