News

Nigeria: Telecom sector contributes 8.9% to national GDP in 2016 - NCC

  • Comments   -   Friday, 03 March 2017 - 13:45

(Ecofin Agency) - The Telecommunications Industry contributed 8.9% to the national Gross Domestic Product (GDP) of Nigeria compared to the 8.6% recorded in 2015, according to the Nigerian Communications Commission (NCC).

Yesterday, the Deputy Director, Consumer Affairs Bureau at the NCC, Ephraim Nwokenneya, said the rise was due to the increasing number of telecoms subscribers.

According to Nwokenneya, the number of active telecoms lines rose by 535,844 to 154,660.446 in January, from the 154,124.602 in December 2016.

He said 2017 is a special year for consumers, as the commission is dedicated to strengthening its regulatory function so as to ensure fair competition and sustainable growth of the telecoms market. “We believe that huge opportunities still exist for private sector investment and growth for the market,” the official added.

Anita Fatunji

SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4
In Zambia, Muchinga Power Company Limited (MPCL) will spend $900 million to develop...
Read more |  20 September 2017
Accelerate land procedures. This is the wish of Tunisia’s minister of State...
Read more |  20 September 2017
From 2017 to 2019, the African Development Bank (AfDB) will back Gabon’s...
Read more |  20 September 2017
Most Read | 7 days |
1 month |
1 year
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2017-09-14 01:28:09' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2016-09-21 01:32:24' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4, 4
listofid2=37452,37451,37450,37449,
reference=37452,37451,37450,37449,0
The first is the renowned business mogul and Africa’s richest man, Aliko...
Read more |  20 September 2017
Starting from January 1, 2018, foreigners interested in visiting the Republic of...
Read more |  19 September 2017
Recently, a team of land experts from the World Bank visited Sikensi,...
Read more |  19 September 2017
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4
Accelerate land procedures. This is the wish of Tunisia’s minister of State...
Read more |  20 September 2017
From 2017 to 2019, the African Development Bank (AfDB) will back Gabon’s...
Read more |  20 September 2017
Most Read | 7 days |
1 month |
1 year
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2017-09-14 01:28:09' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2016-09-21 01:32:24' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4, 4
The first is the renowned business mogul and Africa’s richest man, Aliko...
Read more |  20 September 2017
Starting from January 1, 2018, foreigners interested in visiting the Republic of...
Read more |  19 September 2017
Recently, a team of land experts from the World Bank visited Sikensi,...
Read more |  19 September 2017

Copyright Agence Ecofin © 2015. All Rights Reserved.