Sample Solution

that  ICT has had a significant impact on economic growth of Nigeria and the world as a whole.

The telecommunication sector in Nigeria for over 14 years been amongst the major source or the major attraction of foreign direct investment, this foreign direct investment has not only helped in boosting the growth and development of the telecom sector in Nigeria, but it has also had a significant impact on economic growth in the whole of the country. Other sectors of the country benefited from the mobile telecom sector in many ways. Let’s take the banking sector for example: When electronic banking were introduced it marked for the don of a new era. Electronic banking described as the process of carrying out the business transaction of a bank using various electronic devices. Examples of electronic devices used include Computer Systems, Sophisticated Mobile phones, Automated Teller Machine (ATM), Internet enabled facilities, Optical Character Recognition (OCR), and Smart Cards (Olowatolani, Joshua & Philip, 2011). Mobile banking is also originating from the electronic banking, is an ICT application made for phones, and used for running business transactions from any location in the country. Which according to Felix, Omolola and Irwin (2011) the multiple and diversified society in Nigeria influenced the use of this new banking system and creating room for further development. When we also mention the Health sector in Nigeria, you will also find that ICT in many ways has helped in the improvement of the sector. Now people can easily get health tips via message, people can even diagnose their health status, and women could also check their pregnancy status with new mobile applications. All this and many more made the sector to improve. If we go the Educational sector, students and lecturers now have easy assessed to all sort of information via the internet. Unlike the old days where people went to the  Library to access information. ICT, through the mobile telecommunication sector, has built a lot of infrastructures as more and more investor’s troop into the country, it has also created a lot of jobs and employment both for skilled and unskilled workers. In general is has helped to raise the standard of living the country. Despite all the positive impacts that ICT and the telecom sector has had in Nigeria, there has also been some negative side or aspect of things such as Exam malpractices with a mobile device, Immorality due to easy access to pornography videos, and a negative change of social interaction and behaviours due to social apps. All this goes to say that in a country like Nigeria where the population of the poor is highly greater than that of the rich, ICT with all it positive advantages can serve as a means of bridging the huge gap between th