Speaking at the 7th National Productivity Day lecture, ‘Productivity improvement in a developing economy: the ICT approach’ organised by the National Productivity Centre in Abuja, the Board Chairman of Nigeria Satellite Communication Limited , Yusuf Kazaure, said this, arguing that adoption of information and information technology can lead to significant improvements in productivity and growth.
His words: “Productivity improvement is critical for any nation that is desirous of growth. The basic difference between a developing economy and the developing economy is their level of productivity. There are many ways that productivity can be jump-started in any economy. The Centre believes that within our current situation as a country, Nigeria has no choice but to embrace ICT.
Kazaure conceded that developing economies, such as Nigeria, face numerous challenges that are hindering growth, citing inadequate infrastructure, limited resources and lack of skilled labour as key challenges.
Source: News Formal (newsformal.com)
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