Assessing the E-readiness of Nigeria for Digital Economy

Zubairu HA, Oyefolahan IO, Bab

Abstract

Digital innovation in the field of Information and communication and Technology is creating a new growth opportunities and enhancing economic growth and development. However, ICT Infrastructure availability is a major determinant for a country to meet future requirements for the purposes of being efficient and productive. ICT Infrastructure is a great force that drives digital economy. This paper assessed the level of preparedness of Nigeria for digital economy using ereadiness indices and secondary data from Nigerian Communications Commission (NCC), International Telecommunications Union (ITU) report, Economics Intelligent Unit (EIU) report, Alliance for Affordable Internet (A4AI), report, Nigeria Ministry of Communication Technology and Digital Economy, Research ICT Africa, United Nations report, World Economic Forum (WEF) report and other related literatures. Analysis reveals that, available ICT facilities and infrastructures are not enough to reap the full potentials of the digital economy in Nigeria. Therefore, the paper recommend that the proposed national broadband plan should be faithfully pursue as it holds the key to the successful digital economy policy and digital Nigeria.  

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