Bauchi, Aug. 9, 2023: Prof. Muhammad Abubakar, Managing Director and Chief Executive Officer (MD/CEO) Galaxy Backbone Limited, has declared that Information Communication Technology (ICT) is a critical driver of non-oil growth and a significant contributor to Nigeria’s Gross Domestic Products (GDP).
Speaking at the Nigeria Computer Society (NCS) 2023 International Conference on Tuesday in Bauchi, he said the Nigerian information communication Technology (ICT) sector witnessed tremendous growth.
He said ICT in the country has become a critical driver of non-oil growth and a significant contributor to Nigeria’s Gross Domestic Products (GDP).
Abubakar said the theme “Communications and e-Systems for Economic Stability” on “An Analysis of Cloud Computing Towards Economic Growth” saying no doubt the conference has proven to be one of the best ICT forums in Africa.
He reiterated that embracing cloud computing is critical for a stable and sustained economic growth.
“It is therefore paramount that organisations embrace the technology and explore its endless possibilities by unlocking its potentials.
” It provides enormous cost-savings, productivity through increased efficiency and effectiveness, guarantee scalability,” He said
The MD Galaxy Backbone added that it also promotes collaboration and facilitates market entry for Small and Medium Enterprises (SMEs), foster innovation, and enable global reach.
“As businesses continue to leverage cloud-based technologies, economic growth is expected to be further accelerated, creating a more connected and digitally-driven economy.
“The numerous benefits that come with cloud computing includes the need to ensure data sovereignty, data security, privacy and protection as well as guarantee digital trust within the National digital economy space.
“Together, we shall shape a brighter, more connected, safe, secure, protected and economically prosperous Nigeria leveraging the Cloud Computing Technology.,” he said.
He however explained that the Federal Government is enabling the digital transformation agenda through its agencies such as Galaxy Backbone Limited (GBB).
“As you are aware, GBB is today the leading enabler of digital inclusion in Nigeria with a vision to extend the same to the shores of Africa.
“The company is well positioned to support the Government policy on enhancing broadband penetration, reducing the cost of governance through the promotion of eGovernment initiatives,” Prof.Abubakar stressed.
Earlier, Prof. Adesina Sodiya, President, Nigeria Computer Society, said communications and electronic systems have the potentials to achieve lasting and positive impacts on economic prosperity, development and stability of any nation
“A viable communication infrastructure will facilitate enhanced service delivery and efficiency in agriculture, production healthcare, business, education, social interaction and national planning.,” Sodiya said.
