Government to leverage power of broadband for economic recovery

Information Communication Technology

Information Communication Technology

For Nigeria’s economy to recover and bounce back to good health, the present administration of President Mohammadu Buhari should shift its attention away from oil and work assiduously on how to leverage the power of broadband technology.

According to Mr. Tayo Adewusi, organizer of th Nigeria ICT Impact CEO Forum (NIICF) and Africa Digital Awards (ADA), the power of broadband technology to transform and catalyze economies and social growth cannot be overemphasized.

He said broadband technology is an essential tool for empowering people, create an environment that nurtures the technological and service innovation and trigger positive change in business processes.

In a statement, Adewusi said that broadband technology has become the priority of the 21st century economy.Defined as the technology that enables high-speed transfer of data, according to him, broadband is linked to the emergence of the Internet.

”Broadband is at the heart of the economy and covers support services, electronic billing, Wi-Fi, electronic monitoring, inventory management, and web security. Other areas are device configuration, project management, e-ticketing and installation”, he said.

“How can broadband deployment impact Nigeria’s economic recovery”, would be the central focus of the dignitaries expected at the Nigeria ICT Impact CEO Forum(NIICF) and the fifth edition of Africa Digital Awards (ADA) on August 26, 2016 at the Sheraton Hotel and Towers, Ikeja, Lagos. The forum would honour outstanding corporate and individual achievers that have leveraged on the potent power of ICT.

Adewusi explained that an increase in the adoption of broadband in the country would drive and support several services and applications in the economy. “But the broadband needs to be affordable for users”, he said.

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