Digital Economy Contribution to Nigeria’s GDP to Rise to 21% – Bosun Tijani

Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, has announced that Nigeria’s digital economy is projected to contribute 21% to the nation’s Gross Domestic Product (GDP). This initiative is part of the government’s broader strategy to enhance the country’s economic development through technology.

The Minister made this known during a visit to his alma mater, Anglican Grammar School, Onikolobo, Abeokuta. He explained that the digital economy currently contributes between 16% and 18% to Nigeria’s GDP, with a clear plan to raise it to 21%.

According to Tijani, the government is investing in 90,000 kilometers of fibre optic cables across the country. This infrastructure aims to deliver high-speed internet access to schools and learning institutions, improving educational outcomes.

He highlighted the potential of the digital economy, stating it could generate $18.3 billion by 2026. Tijani noted that Nigerian tech companies like Flutterwave, Jumia, Andela, and Interswitch exemplify the strength of the sector. In 2019, the digital economy generated $5.49 billion, and its projected growth shows the increasing importance of technology in national development.

During his school visit, Tijani encouraged students to dream big regardless of their backgrounds. He announced a fellowship program offering N100,000 annually, laptops, and school uniforms to the top three students in JSS 1–3 and SS 1–2. About 70 students will benefit each year. He also shared plans to refurbish and digitally equip a school building and adopt the science laboratory to improve learning conditions.

In Ogun State, Tijani also attended an Innovation and Startups Roundtable, where he emphasized the need for digital tools in agriculture. He urged Nigerian farmers to embrace technologies such as mobile apps, sensors, and drones to improve productivity and reduce food imports. He cited Ukraine as an example of how agricultural tech can sustain food production even during crises.