Prospects of ICT Development to Sustain and Stabilise Nigeria Economy in Post-Recession Era

ALAWODE, John and OGUNSEYE, James (2017) Prospects of ICT Development to Sustain and Stabilise Nigeria Economy in Post-Recession Era. In: NATIONAL CONFERENCE ON SCIENCE, TECHNOLOGY AND COMMUNICATION HELD AT FEDERAL POLYTECHNIC ILARO, OGUN STATE., DECEMBER, 2017., The Federal Polytechnic, Ilaro.

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Abstract

The advent of information and communication technology (ICT) brought a drastic turnaround of every aspect of human endeavours worldwide. It has become a driving force, which propels Nations, Organisations, Societies and individuals that embraced its’ applications, while others remained backward. Nigeria economy is at cross road and the effects of recession are well pronounced. Solution to the problem seems difficult, but correct technological policies have the desired potentials.ICT Development (Microsoft Inc.) in US engaged average of 93,916 employees yearly from 2005 to 2016 and average annual revenue of $16.9 billion yearly within the same period.Information and communication technology (ICT), mother of all invention, if properly developed, well managed and effectively utilised has more capability to get this Nation of ours out of economic recession and sustain it permanently as it takes in the other developed Countries. Even, if recession occurs, the system put in place will be able to cushion its’ effects.

Item Type: Conference or Workshop Item (Paper)
Subjects: Q Science > Q Science (General)
Divisions: Faculty of Engineering, Science and Mathematics > School of Electronics and Computer Science
Depositing User: Mr Taiwo Egbeyemi
Date Deposited: 31 May 2020 11:15
Last Modified: 31 May 2020 11:15
URI: http://eprints.federalpolyilaro.edu.ng/id/eprint/302

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