Active Mobile Subscriptions Rise to 209 million in 2022 – NCC
TECHDIGEST- The Nigerian Communications Commission (NCC) has said it has recorded an increase in active mobile subscriptions from 400,000 in 2001 to 209 million as at August 2022.
The NCC Executive Vice Chairman, Prof Umar Danbatta, who disclosed this at the just concluded Cyberchain Stakeholders conference in Abuja, said the Commission would not relent in ensuring the promotion of emerging technologies to stimulate businesses for the overall growth of the Nigerian economy.
He said it is also gladdening that the telecoms sector has been an enabler of Nigeria’s economic growth and development as it contributes substantially to the Gross Domestic Product (GDP).
Danbatta further noted that the NCC would remain focused towards the expansion of broadband penetration and deployment of Fifth Generation (5G) technology in the interest of Nigeria and her citizens.
In a statement signed by Reuben Muoka, the Commission’s Director of Public Affairs, the NCC said that the sector has been a key booster of the Nigerian economy, transforming the way people live and work as well as increasing efficiency in other sectors of the economy.
“From $500 million investments in the sector as at 2001, the telecommunications industry has recorded over $70 million investment till date, while the growth in the sector has been phenomenal, from some 400,000 functional phone lines in 2001 to over 209 million active mobile subscriptions, achieving a teledensity of 110 per cent, as at August 2022.
The NCC’s boss noted: “The sector has provided over 500,000 formal and informal jobs for Nigerians. From an insignificant contribution to GDP in 2001, telecoms sector, as at the last quarter of 2021, contributed 12.61 per cent to GDP, while the Information and Communications Technology (ICT) sector as a group, has also contributed 18.44 per cent to GDP as at the second quarter of 2022″.
“For us as a country to reap the full benefits of all these emerging technologies in ways that further spur growth in our national economy, NCC prioritises the need to improve and expand broadband infrastructure and the deployment of new technology such as the Fifth Generation of Mobile Communication (5G). Our efforts in diligently driving this will facilitate the actualisation of the set targets in the Federal Government’s digital economy policy.”
He added that the country will be in a better position to develop an alternate economy through digital transformation, which will allow for diversification, innovation, and creativity in e-commerce and entrepreneurship, empowering a large portion of its population to become self-sufficient and self-employed.