ICT Has Revolutionised Businesses In Nigeria, Says Bello | Independent Newspapers Limited
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ICT Has Revolutionised Businesses In Nigeria, Says Bello

Posted: Jun 5, 2015 at 12:00 am   /   by   /   comments (0)

The growth in the Information Communication Technology (ICT) industry in the last 15 years has revolutionalised businesses, President, Lagos Chamber of Commerce and Industry (LCCI), Alhaji Remi Bello, has said.

He spoke at the ICT Expo (ICTEL EXPO) by the Trade Promotion Board of LCCI in Lagos, which  had its theme as ‘Connecting businesses and creating opportunities’.

Bello said all sectors of the economy rely on ICT for their operations.

“From the financial sector, where e-banking is now the vogue, the agricultural sector, where the government now sells fertiliser through mobile phones to the consumer goods sector where online stores are now all over, ICT and telecommunications have become the backbone of businesses,” he said.

Bello explained that the expo was aimed at providing a credible platform to advance the opportunities and linkages in ICT.

He reiterated the chamber’s optimism towards a great investment opportunity that would come from closer interactions and business integration among ICT players and their customers at the expo, pledging his support towards it.

LCCI Vice President and Chairman, Trade Promotion Board, Dr. Michael Olawale-Cole, said the chamber chose the ICT sector because of its potential to revolutionalise business transformation, growth and improving the standard of living of people and communities through innovations.

He added: “The expo gives a 360 degree view of the ICT industry and provides visibility to sweeping trends and innovations as well as providing an excellent networking opportunity for business decision makers, innovation managers, enterprise solution providers and start-ups.’’

Others are ICT academics, original equipment manufacturers (OEMs), investors, venture capitalists and other players in the ICT and telecom sectors,” he explained.

Olawale-Cole said LCCI was aware of the revolutionary roles ICT and telecoms play in business relationship and development.

He said with the incursion of ICT and telecoms, it would no longer be business as usual. “It has dawned on business people that you either embrace this technological evolution or ignore it at your own peril,” he said.

Earlier, Executive Chairman, Nigeria Communications Commission (NCC), Dr. Eugune Juwah, said ICT  has grown such that it has moved into data and broadband.