4th Arewa Inspirational Leadership Award & public Lecture - Facilitating Knowledge & Community Development through Information and communication Technology (ICT) delivered by Dr Engr. Baba J Adamu  --  7th April, 200
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KNOWLEDGE DRIVEN ECONOMY THROUGH ICT
Most of Nigeria’s wealth and power comes from the control of physical assets - land, oil, iron and steel, coal...but knowledge economy is fast becoming the tool that empowers the citizens better and faster than the traditional methods...

 
 
 

 

     

 

 

 

But in the 21st century, this cannot continue to happen. The main source of value and competitive advantage in the new knowledge driven economy is human and intellectual capital, where knowledge, innovation and creativity prevail. For countries wanting to tap into the new ideas they most embrace the advances in information and communication technology ICT. With a population of 120 million people, Nigeria, in theory has the capacity to make a successful transition into a truly knowledge driven economy

What is ICT?

Information and communications technology (ICT) is an extensional term for information technology (IT) that stresses the role of unified communications and the integration of telecommunications (telephone lines and wireless signals) and computers, as well as necessary enterprise software, middleware, storage and audiovisual, that enable users to access, store, transmit, and manipulate information. To use both the US and the UK as a case study of economies that are knowledge driven, it is necessary to assess the growing importance of knowledge, innovation and creativity in both these countries, which exist through the enabling environment and progress made in Information and Communication Technology (ICT) that has made it possible for information to become more easily available, to travel faster, in greater quantities and much more cheaply. Entirely new products like digital TV, mobile video phones and services like e-commerce have been created and more sophisticated production processes have been developed.
 
Among the many promises of the digital revolution is its potential to strengthen democracy, increase inter-governmental transactions’ efficiency and make governments more responsive to the needs of their citizens and businesses. ICT can create competitive advantage, strengthen the innovation chain, and identify what business wants from ICT research and development. It also can be a powerful tool in support of public sector reform agendas and create more effective public – private partnership. Perhaps the most commonly acknowledged manifestation of ICT for public sector reform can be seen in the explosion of ‘eGov’ initiatives around the world. ‘eGov’ (convenient short hand for both ‘e-government’ and/or ‘e-governance’) is the use of information and communications technologies (ICT) to transform government by making it more accessible, effective and accountable whilst transforming some of its existing processes.
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