Abstract: The International Telecommunication Union (ITU) estimates the worldwide ICT market in 2002 to be almost $2.1trilion, which they segmented as Telecon Services (39%), Software services (31%), and Hardware(30%). This comes to nearly 6.6% of the gross World Product. Surprisingly, in developing countries. ICTs share in GDP is not low. ICT can be considered to be built on the 4Cs: Computing, Communication, Content and (human) Capacity. The recent World Summit on the Information Society(WSIS) focussed extensively on 3C’s: Communication, Content and Capacity building and less so, on Computers. They concluded that when considering the use of ICT for development, conventional wisdom is that even if the hardware is free (e.g donated), Communication, software and training make ICT expensive. Finally, this paper explores into ICT situation in Nigeria. It highlights the various activities of the government in relation to ICT development and progress recorded so far.