The Role of Information Technology in Nigerian Economy

Authors

  • AWOYEMI John Oloruntoba  Department of Computer Science, Federal University of Technology Akure
  • AWOYEMI  Department of Economics, Afe Babalola University, Ado Ekiti (ABUAD)
  • Bosede Olanike  

Keywords:

Information Technology, Economic growth, Internet users and Telecommunication

Abstract

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.

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International Journal of Scientific Research in Science and Technology

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Published

2017-08-31

Issue

Volume 3, Issue 6, July-August-2017

Section

Research Articles

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Copyright (c) IJSRST

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This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
AWOYEMI John Oloruntoba, AWOYEMI, Bosede Olanike, " The Role of Information Technology in Nigerian Economy, International Journal of Scientific Research in Science and Technology(IJSRST), Online ISSN : 2395-602X, Print ISSN : 2395-6011, Volume 3, Issue 6, pp.20-28, July-August-2017.