Nigeria’s telecoms record 0.80 Percent increase In Q4

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The rate of telecom subscribers in Nigeria has increased to 154,529,780 from the 153,299,535 recorded in September 2015, representing a quarterly increase of 0.80 per cent as at December 2016, the National Bureau of Statistics (NBS) has said in its telecommunications sector summary report for December 2016.

According to the NBC, the sector\’s growth continued unabated since April 2016, after which a decrease in the number of subscribers began to set in. The report said the yearly increase in total subscriber numbers was 2.33 per cent, which was slightly higher than the yearly increase of 1.75 per cent recorded in the previous quarter.

In real terms, the NBS disclosed that the telecommunications sector contributed N1.40 billion to Gross Domestic Product (GDP) in the third quarter of 2016, or 8.0 per cent, which represents a decrease of 1.8 per cent points relative to the previous quarter.

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