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The effect of ICT on the Nigerian economic growth and development

3,000.00

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Abstract

This project looks at The effect of ICT on the Nigerian economic growth and development. Information and communications technology or (ICT) is extensional term for information technology (IT) that stresses the role of unified communications(made) and the integration of telecommunications (telephone lines and wireless signals), computers as well as necessary enterprise software, middleware, storage, and audio-visual systems, which enable users to access, store, transmit and manipulate information. The usage of Information and Communication Technology (ICT) has now been accepted as one of the main driving forces behind organizational competitiveness in the present day business environment. Presently, ICT is having dramatic influence on almost all areas of human activities and one of these areas is the banking sector. The statistical mean scores was used to analyze the Livert’s five point questionnaire while the frequency 10 unit and simple percentage was used to analyze the respondent’s characteristics. The criteria for calculating the mean is“Mean (x)–?fx”, the chi-square test was employed by the researcher to test the significance of the responses from the credit officers of GTB Plc. Since the p-value (0.19) is less than the level of significance (0.05). We reject the null hypothesis and accept the alternative which says that ICT has contributed to Nigerian economic growth and development.

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