Computers and accessories By Prince Osuagwu, Hi-Tech Editor, Emmanuel Elebeke & Juliet Umeh Information and communications technology, ICT sector alone contributed over N4 trillion to the N40 trillion the country generated as Gross Domestic Product, GDP in Q1, 2021. This is even as the sector fell 10 percent behind its contribution in the same quarter last year. Statistics recently released by the National Bureau of Statistics NBS, revealed that the sector contributed about 9.91 percent to the total GDP in Q1 2021, lower than the 10.31 percent recorded in the same quarter of 2020 and 10.58 percent it contributed in the preceding quarter. However, the sector still recorded higher contribution when compared to the oil sector which contributed just 9.25 percent.
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ICT leads sectoral contribution to GDP with over N4trn in Q1, 2021
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By Prince Osuagwu, Hi-Tech Editor, Emmanuel Elebeke & Juliet Umeh
Information and communications technology, ICT sector alone contributed over N4 trillion to the N40 trillion the country generated as Gross Domestic Product, GDP in Q1, 2021.
This is even as the sector fell 10 percent behind its contribution in the same quarter last year.
Statistics recently released by the National Bureau of Statistics NBS, revealed that the sector contributed about 9.91 percent to the total GDP in Q1 2021, lower than the 10.31 percent recorded in the same quarter of 2020 and 10.58 percent it contributed in the preceding quarter.