According to the Nigerian Communications Commission, N1.548tn was contributed to the Gross Domestic Product (GDP) by the telecommunication sector of the country in the second quarter of the year. This shows an increase of 6.68 per cent, compared to the first quarter’s figure of N1.452tn.
This information was contained in the report released by the National Bureau of Statistics on the economy, the Executive Vice Chairman, NCC, Prof. Umar Danbatta stated.
He said, “The NBS report has confirmed that the telecommunications sector, during the second quarter of 2017, contributed 9.5 per cent to the GDP in contrast to 9.1 per cent contribution in the first quarter of the year.
“We are very proud of the remarkable contribution the sector is making. Even in recent times when the whole economy was facing challenges, the sector remained resilient and stable.”
It was also added by the Executive Vice Chairman, that the commission had observe a “remarkable increase in data usage in the country,” a development which has also been noticed by the Chairperson of the Liberia Telecommunications Authority, Madam Angelique Weeks, and a team of administrators from the West Africa Telecommunication Regulators Association.
“The monthly data usage is about 40 million terabytes.”
It was also stated with a confidence by Danbatta that Nigeria will experience a gigantic Information and Communications Technology transformation when the surplus data capacity at the landing point in Lagos was moved to the neighbourhood in the course of licensing infrastructure companies
Danbatta also stated that on the Internet access in the country, “Broadband penetration in the country currently stands at 21 per cent, as Nigeria is inching toward 30 per cent penetration next year, which is in line with its national broadband target.
“The commission has approved spectrum trading consistent with an item of the eight-point agenda, optimising the use and benefits of spectrum, to ensure that no acquired spectrum is left un-utilised.”