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ICT and Its Impact on National Development In Nigeria: An Overview

Oladimeji TT, Folayan GB

This paper exploits the growth benefits that ICT sector has provided and its impact on the Nigerian economy. It also shows the growth rate as an engine to the development of economies of developing countries like Nigeria in this 21p century. ICT services have help in the improvement of the markets, reduction in transaction costs and increase productivity through better management in both public and private sectors. The various impacts of ICT in the four major sectors of our economy were discussed overtly, citing the new opportunities of wireless platform in promoting economic and social impact for the populace.