Indications that reform initiatives by the Ministry of Communications and Digital Economy, the Nigerian Communications Commission (NCC) and other relevant agencies to position the Information and Communications Technology (ICT) industry as the propelling hub for the drive towards the $1 trillion economy by year 2030 are yielding the desired results have emerged as the Information and Communication sector’s contribution to the nation’s gross domestic product (GDP) rose to 12.27% in Q2, 2026.
The National Bureau of Statistics (NBS) in the ‘Nigerian Gross Domestic Product Q2 2026’ report published on Monday indicated that in the quarter under review, indicated that the Information and Communications sector contributed 12.27% to the total nominal GDP, higher than the 10.00% contribution in the same quarter of 2025 and higher than the 9.54% it contributed in the preceding quarter.
The statistics agency clarified that the Information and Communication sector was composed of the four activities, namely Telecommunications and Information Services; Publishing; Motion Picture, Sound Recording and Music Production; and Broadcasting.
It reported that in nominal terms, the sector growth in Q2 2026 was 45.32% (year-on-year), 23.93% points increase from the rate of 21.39% recorded in the same quarter of 2025, and 36.13% points higher than the rate recorded in the preceding quarter.
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According to the Bureau, the quarter-on-quarter growth rate in the second quarter of 2026 is 38.47%.
Specifically, the report showed that the sector in the second quarter of 2026 recorded a growth rate of 9.62% in real terms, year-on-year and that from the rate recorded in the corresponding period of 2025, there was an increase of 3.02% points.
The NBS further clarified: “On a quarter-on-quarter basis, the sector exhibited a growth of 8.24% in real terms. Of total real GDP, the sector contributed 11.74% in the second quarter of 2026, higher than in the same quarter of the previous year, in which it represented 11.18%, and higher than the preceding quarter, in which it represented 11.31%.”
