The Role of Information Technology in Nigerian Economy

AWOYEMI, John Oloruntoba and AWOYEMI, Bosede Olanike (2017) The Role of Information Technology in Nigerian Economy. International Journal of Scientific Research in Science and Technology, 3 (6). pp. 1-9. ISSN Print: 2395-6011, Online: 2395-602X

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Information and Communication technology play a central role in the economic, social and political life of every nation, thus, this study examined the role of information technology on economic growth in Nigeria. This was done using ordinary least square estimation technique. The study found that investment in the telecommunication sector and improved level of communication and information technology significantly influence economic growth in Nigeria. Adequacy of information technology infrastructures such as computer and internet devices as well as high level of internet usage will achieve rapid economic growth and development if the resources are channeled efficiently. Therefore, this study suggests an improvement in the supply of information and communication infrastructures.

Item Type: Article
Uncontrolled Keywords: Information Technology, Economic growth, Internet users and Telecommunication
Subjects: H Social Sciences > HB Economic Theory
Q Science > QA Mathematics > QA75 Electronic computers. Computer science
Divisions: Faculty of Engineering, Science and Mathematics > School of Electronics and Computer Science
Depositing User: Mr. Victor Sebiotimo
Date Deposited: 11 Apr 2019 10:18
Last Modified: 11 Apr 2019 10:18

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