Minister Plans to Make ICT Nigeria’s Cash Cow

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As President Muhammodu Buhari swearing new cabinets today Wednesday since May 29, that his took over, the new Minister of Communications Technology, Abdur-Raheem Adebayo Shittu shortly told the staff of the ministry that he pledged to make Information and Communication Technology (ICT) the next cash cow of the country.

Addressing directors and staff on assumption of duty as minister of the ministry  in Abuja, Shittu said it is no longer news that the country’s economy is in dire strait because of the falling prices of crude oil.

According to him, petroleum which used to be the cash cow for the nation is not doing well as it is a global crisis.

He said: “Well, we can tap on agriculture to recover lost ground in terms of revenue generation and finances, but this takes time.

“But God has helped us in this country with our large population that use telecommunications and IT in their daily lives.

“That means that telecommunication will serve as the new cash cow for the country and I’m going to pursue this and I want all of you to in the ministry to join me in evolving policies that will make us have the best that we can in terms of income generation from telecommunication technology.”


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