Business

ICT contributed 16.66% to Nigeria’s real GDP in Q4 2023

Activities in Information and Communications Technology (ICT) contributed 16.66% to Nigeria’s real Gross Domestic Product (GDP) in Q4 2023.


The National Bureau of Statistics (NBS) disclosed this in the Q4 GDP statistics released on Friday. This shows an increase in contribution when compared to the 16.22% recorded in the same period last year.


Quarter on quarter, the sector also recorded an increase in contribution when compared with the figure recorded in Q3 2023. The NBS data showed that ICT contributed 15.97% to the real GDP in the preceding quarter.