Home News Statistics Reveals Nigeria’s ICT Sector GDP Grows 11.8% In 2Q2018
Statistics Reveals Nigeria’s ICT Sector GDP Grows 11.8% In 2Q2018

Statistics Reveals Nigeria’s ICT Sector GDP Grows 11.8% In 2Q2018

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The development of information and communication technologies (ICTs) and with the ‘mobile miracle’ have brought the benefits of ICTs within reach of millions of Nigeria.

The sector has been in the forefront of lifting the country’s economy from the dungeon as even showcased in this recent statistics shared by the National Bureau of Statistics (NBS) concerning Second Quarter 2018.

  1. Information and Communication GDP grows by 11.81% in Q2 2018 compared to 1.58% in Q1 2018 & -1.15% in Q2 2017;
  2. Telecommunications and Information Services GDP under Information and Communication grows by 11.54% in Q2 2018 compared to 1.88% in Q1 2018 & -1.92% in Q2 2017
  3. Publishing GDP under Information and Communication grows by 3.38% in Q2 2018 compared to 12.53% in Q1 2018 & 2.83% in Q2 2017
  4. Motion Pictures, Sound Recording and Music Production GDP under Information and Communication contracted by -2.29% in Q2 2018 compared to 0.26% in Q1 2018 & -4.53% in Q2 2017

Also, broadcasting GDP under Information and Communication grows by 21.92% in Q2 2018 compared to 0.9% in Q1 2018 & 5.43% in Q2 2017.

Comment(2)

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