![]() ![]() ![]() Short-cut to higher levels of equity in the emerging Global Digital Networked Information Economy. These countries are empowering masses through IT as it can prove to be effective Of any country, especially a third world country. However, ICT has been recognized as the engine for growth and a source of energy for the social and economic empowerment Technological innovation, in the business arena, was slow especially during the PPT period days. Data network capability was non- existent, The point where the quality could be described as atrocious- if it had ever been good. The PTTs comprising much of the ICT sector of their days were land-line based, and toĪ large extent, government-owned and merged services were expensive, and in most parts of the world they had deteriorated to Telephone, and Telegraph” services (PTTs). In the 1980`s “Universal access” was a goal, but not the reality of “Post, Much has changed in the recent technologically. That the consciousness of the appreciation for the ICT sector’s role in expanding economic opportunity was appreciated. Although, it was only in the last fifteen years Needs and interests of low-income communities in developing countries like Nigeria. The information and Communication Technology (ICT) sector has been a pioneer and a powerful catalyst in addressing the Technology, Nigeria telecommunication limited, KeywordsĬommunications, Information communication The various impacts of ICT in the four major sectors of our economy were discussed overtly, citing the new opportunities of wireless platform in promoting economic and social impact for the populace. ICT services have help in the improvement of the markets, reduction in transaction costs and increase productivity through better management in both public and private sectors. It also shows the growth rate as an engine to the development of economies of developing countries like Nigeria in this 21p century. This paper exploits the growth benefits that ICT sector has provided and its impact on the Nigerian economy. ![]()
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