WEF |
The World Economic Forum (WEF)
has ranked Nigeria 119th out of 139 economies in the overall ranking of its
Global Information Technology Report (GITR).
Media
report continues:
The
WEF disclosed this in its GITR Report 2016 released yesterday. According to the
WEF, the report is its first major competitiveness research report this year.
The
GITR measures countries’ success or otherwise in creating the conditions
necessary for a transition to a digitalized economy and society.
According
to the report, although Nigeria did not move overall in the rankings, staying
in 119th position, the country recorded lots of movement in sub-pillars of the
index.
For
example, it disclosed that Nigeria recorded six-spot move up in Readiness (to
117th) and a ten-spot move down in Impacts (to 114th).
The
Networked Readiness Index (NRI) measures, on a scale from one (worst) to seven
(best), the performance of 139 economies in leveraging information and
communications technologies to boost competitiveness, innovation and well-being
“The
improvement in readiness is to a large extent thanks to Nigeria reaching full
mobile coverage this year; broadband prices have also fallen slightly, although
they remain high. The political and regulatory environment are perceived to be
improving, while at the same time the business and innovation environment are
perceived as deteriorating.
“Government
usage and engagement is perceived to have dropped significantly over the course
of the last year, yet this may change under the new government that came to
power in 2015. Overall, conditions for ICT impacts seem to have deteriorated:
both economic and social impacts record a decline. A policy priority with
far-reaching benefits in other areas should be to address the country’s skills
gap (134th),” it stated.
The
NRI also sees several sub-Saharan African countries among the top upward movers,
including South Africa (65th, up 10), Ethiopia (120th, up 10) and Côte d’Ivoire
(106th, up 9).
Leadership,
in terms of digital adoption, according to the report, come from different
groups of stakeholders.
While
it showed that efforts were very much government-driven in Ethiopia and Côte
d’Ivoire, it pointed out that the business sector is providing the most
momentum in South Africa. The largest barriers to tackle for Côte d’Ivoire will
be infrastructure and affordability; reversing the trend of a deteriorating
business and innovation environment for South Africa; and boosting individual
usage and skills for Ethiopia, the report stated.
Overall,
the 2016 edition of the NRI found Singapore as the highest-placed country in
the world when it comes to networked readiness. Finland, which topped the
ranking in 2014, remained in second place for a second year in a row, followed
by Sweden (third), Norway (4th) and the United States (fifth), which climbed
two places. Making up the rest of the top 10 were the Netherlands, Switzerland,
the United Kingdom, Luxembourg and Japan.
While
the upper echelons of the NRI continued to reflect a strong correlation between
networked readiness and per capita income, roughly 75 per cent of the countries
included in this year’s index showed a score improvement in 2016. However,
convergence both at the global and regional level remains elusive, with four
regions – Eurasia, Emerging Europe, the Middle East, North Africa and Pakistan
(MENAP) group, and sub-Saharan Africa – having widened the gap between the most
and least networked-ready since 2012.
Elsewhere
in the NRI, of the large emerging markets, Russia remained unchanged at 41st
position. China came next, moving up three places to 59th. South Africa
improves markedly, climbing 10 places to 65th, while Brazil partially recovers
from a previous downward trend to 72nd this year and India drops two places to
91st.
According
to the WEF, in addition to providing insights into countries’ performance in
the unfolding digital revolution, the report shows how much innovation is
digital; also that paents are declining as a measure of innovative capacity;
that the ICT infrastructure gap remains a chronic challenge and is getting
wider; and social impact needs new momentum.
“The
digital economy is an essential part of the architecture of the Fourth
Industrial Revolution. In order for digital technology to continue contributing
economic and social impact, societies need to anticipate its effects on markets
and to ensure a fair deal for workers in digitized market environments. New
models of governance will be key in this,” Head of the Centre for the Global
Agenda, Member of the Managing Board, WEF, Geneva, Richard Samans said.
Cross-border
data flows drive innovation and growth,” Vice President of Government Affairs,
Cisco, Pastora Valero, said.
“The countries and companies innovating most prominently know that it is the free flow of ideas and information, which leads to improvements in processes and products. Initiatives to foster the free flow of data are crucial to supporting the global nature of the data economy.”
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