Telcos blame govs, others as ICT’s GDP contribution tumbles

The Information and Communication sector’s contribution to GDP decreased by 9% from N3.1 trillion in the fourth quarter of 2021 to N2.81 trillion in the first quarter of 2022. The ICT sector contributed 15.21% and 16.20% to real GDP in Q4 2021 and Q1 2022, respectively, according to GDP figures released by the National Bureau of Statistics. Total real GDP …

Loading