Recently, the United Nations e-Government Development Ranking index shows that Nigeria moved 21 places at the end of 2014, an improvement made possible through the standardization of all MDA websites and deployment of ICT in all government parastatals to ease work routine. Nigeria moved to 141st position from 162nd. This development is also much visible in the communications industry which now contributes nothing less than $50 billion to Nigeria’s gross domestic product (GDP) and amounts to about 9.58% of the GDP.
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To simplify the growth in that sector, one just needs to consider the increase in the number of online transactions and retail stores. They are not thriving without policy and institutional support. In 2014, Nigeria’s broadband access was enhanced with the addition of 38,000 km fibre optic cabling to bring the total fibre cable optic deployed in Nigeria to 1,200 km. That alongside others have helped the Nigerian telecom sector become one of the fastest growing sectors in the world and attracting huge foreign direct investment….
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