Google contributed $1.8bn to Nigeria’s economy in 2023 – Report

Oct. 4, 2024 - Punch Newspapers

Google’s tools and services added an estimated $1.8bn to Nigeria’s economy in 2023, a new report from consultancy Public First revealed on Thursday.

The search engine giant pointed to its digital skills programs and career certificates programme as key drivers of Nigeria’s digital transformation, with over 1.5 million young Nigerians acquiring new digital skills in 2023.

Commenting on the findings, Google’s Director for West Africa, Olumide Balogun, said, “We’re thrilled to see the positive impact that digital technology is having on Nigeria’s economy. The study underscored the significant role digital technology plays in Nigeria’s economy, noting that every $1 invested in digital technology in the country generates over $8 in economic value.

Google said it had previously committed $1bn in 2021 to support the digital economy across Africa...