The Role of Information Technology in Nigerian Economy

Authors(3) :-AWOYEMI John Oloruntoba, AWOYEMI, Bosede Olanike

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.

Authors and Affiliations

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

Information Technology, Economic growth, Internet users and Telecommunication

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Publication Details

Published in : Volume 3 | Issue 6 | July-August 2017
Date of Publication : 2017-08-31
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 20-28
Manuscript Number : IJSRST162635
Publisher : Technoscience Academy

Print ISSN : 2395-6011, Online ISSN : 2395-602X

Cite This Article :

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