Telecoms investments in Nigeria grow to $77bn from $38bn – NCC boss, Danbatta

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Telecoms investments in Nigeria grow to $77bn from $38bn – NCC boss, Danbatta

The Executive Vice-Chairman, Nigerian Communications Commission, Prof. Umar Danbatta has said that telecoms investment inflow grew from $38 billion to $77 billion by the second quarter of 2023

Danbatta, who made the disclosure at a media chat with stakeholders in the media industry in Kano on Saturday, revealed that the sector had contributed 16 percent to the nation’s Gross Domestic Product within the period under review.

He said that the statistics by the NCC was based on the computation by the Nigeria Bureau of Statistics.

“From about eight percent contribution to GDP in 2015, when…

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