INFORMATION COMMUNICATION TECHNOLOGY

The ICT sector is critical to Nigeria’s economic growth, providing digital solutions for businesses and individuals. The sector is dominated by private sector-led initiatives, but there are opportunities for investment in government-led initiatives such as e-government and digital infrastructure development. Opportunities for investment in the sector include cybersecurity, digital payment solutions, and smart city technology. Nigeria’s ICT trade value is relatively high, with investments from local and international technology companies. Shared value in this sector includes improved connectivity, job creation, and economic growth. Competitive advantage in this sector includes a large and growing population, a need for improved digital solutions and infrastructure, and a supportive regulatory environment.