The Impact of Information and Communication Technology (ICT) on Unemployment and Economic Growth in Nigeria from 1985 to 2018 E-Book

• Herausgeber: GRIN Verlag
• Sprache: Englisch

Veröffentlichungsjahr: 2025

Beschreibung

Research Paper (postgraduate) from the year 2019 in the subject Economics - Economic Cycle and Growth, grade: 4.0, National Open University of Nigeria (Umudike), course: M.Sc Business Management, language: English, abstract: This study examines the impact of Information and Communication Technology (ICT) on unemployment and economic growth in Nigeria from 1985 to 2018. It investigates how ICT has influenced job creation, economic development, and structural transformation in both private and public sectors. The study utilizes secondary data sourced from the Central Bank of Nigeria (CBN), National Bureau of Statistics (NBS), and other relevant institutions. The Ordinary Least Squares (OLS) regression method is employed to assess the relationship between ICT investment and economic variables such as unemployment rate, inflation, government expenditure, and GDP growth. Has information communication technology innovation impacted on the teeming unemployed youths in Nigeria between 1985 and 2018? What are the significant contributions of ICT on both private and public investments on Nigeria’s economic growth? Are there some policies already put in place by the Nigerian to ensure full realization of the benefits of information communication technology innovation? The contributions of the study of economic impact of ICT usage on employment generation in our country between 1985 and 2018 cannot be overemphasized. This study is expected to be useful to individuals, institutions and government at all levels because its findings and suggestions will be of immense benefit to those who will make use of this work. Again, entrepreneurs are also expected find the study interesting as it will beam light to capitalist on where and how to channel their funds and on the importance of information technology innovation in Nigeria. Furthermore, the government will also find the study useful as it will enable the government to know why she should channel more funds on information technology (ICT) and will also enable her to provide an enabling environment for potential entrepreneurs in the country. Lastly, the study is expected to be useful for academic purposes as it would serve as a data bank for students and public who might carry out studies on the subject or related areas in the future. The author of this text is not a native English speaker. Please excuse any grammatical errors and other inconsistencies.