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Less than 20% of households in Nigeria own a computer- World bank

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A new report by the World has revealed that computer ownership among households in Nigeria is less than 20%.

The report sheds light on the digital divide between low and high-income countries and its impact on the economy, business, and income.

The World Bank’s digital trend report for 2023 mirrored the digital divide across gender, age groups, income groups, and rural and urban populations.

The report stated,

According to the report, the cost of broadband subscriptions across high and middle-income countries has been stable since 2020 but has risen significantly in low-income countries.

For example, in low-income countries, the median price of a fixed broadband plan was 50% higher than in high-income countries as of 2022.

Furthermore, the report alluded to the cost of smartphones as a barrier to bridging the digital divide across geographical populations and income groups.

Among the lowest income groups, the cheapest smartphones cost around 14% of their annual income for persons living under $2 per day. This results in 49% smartphone ownership in low-income countries compared to 95% in high-income countries.

Internet subscriptions in Nigeria rose by 5.81% to 163.8 million year-on-year between 2022 and 2023 according to the NBS report.

This indicates progress towards digital inclusion and connectivity in the country. Nigeria’s young population holds huge potential for opportunities in the digital space.

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