The industry has also become a major contributor to our national economy. Data released by the National Bureau of Statistics revealed that the Information and Communication Technology sector contributed 18.44% to the nation’s Gross Domestic Product as at the second quarter of 2022. From this figure, telecommunications sector alone contributed 15%.The ICT contribution to GDP is, by far, the second largest contributor to the national economy coming after the agriculture sector.
Having laid the historical foundation, permit me distinguished ladies and gentlemen, to migrate to the other significant area of my address, which focuses on NCC’s new Strategic Vision Plan 2021-2025. This initiative of the Commission is a transformation agenda, which succeeds the Eight Point Agenda I instituted in 2015 upon assumption as the CEO of NCC.
As earlier indicated, the Strategic Vision Plan 2015 – 2020, a forerunner of the SVP 2021-2025, was premised on 8 pillars, which we refer to as the 8-Point Agenda. In that blueprint, each plan or pillar had its focus and targets that have been satisfactorily achieved over the period. These realities, all of which have been incorporated into the SVP 2021-2025, include the International Telecommunication Union Strategic Plan , the NCC’s Strategic Management Plan 2020-2024, the National Digital Economy Policy and Strategy 2020-2030, the National Broadband Plan 2020-2025 and the Economic Recovery and Growth Plan of the Federal Government.Organizational Renewal for Operational Efficiency and Regulatory Excellence.
I would like to emphasise that the Board, Management and staff of NCC will continue to do their best in the discharge of the Commission’s mandate, especially in facilitating broadband deployment, which is central to diversifying the Nigerian economy and bolstering national development in line with the National Digital Economy agenda.
Source: News Formal (newsformal.com)
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