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Telecom Investment Hits $77bn, As Sector Swells Nigeria GDP By 16 Percent

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2 years ago

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Telecom Investment Hits $77bn, As Sector Swells Nigeria GDP By 16 Percent

 

By Admin Sept. 17, 2023

 

The Executive Vice Chairman of Nigerian Communication Commission, NCC, Prof. Umar Danbatta on Saturday in Kano said telecom investment inflow grew from $38B to $77B, by second quarter of 2023.

 

Danbatta who spoke in Kano at a media parley revealed that the sector has contributed 16 percent to the nation’s Gross Domestic Product (GDP) within the period under review.

 

The EVC further explained that the statistics by the NCC was based on the computation by the Nigeria Bureau of Statistics (NBS).

 

He said “From about 8 per cent contribution to GDP in 2015, when we came on board as the EVC of NCC, quarterly GDP has increased significantly to reach its current threshold of 16 per cent and that this has continued to positively impact all aspects of the economy.”

 

Danbatta however attributed the success to “through sustained regulatory excellence and operational efficiency by the Commission, the industry has grown in leaps and bounds over the past two decades”.

 

Professor Danbatta stated that “we have witnessed explosive growth, improved regulatory standard, digital innovation that have generated global recognition”.

 

He said that telephone users in Nigeria has hit 218.9 million , internet subscribers 159.5 million , while the Broadband users in the country now have 88.7m within the period under review.

 

Danbatta listed issue of right of way (RoW), fibre cuts, high capital requirement for deployment, multiple taxations and regulations, among other frustrations constituted barriers to broadband deployment in the country.

 

The EVC however assured that the NCC would “navigate regulatory complexities, digital divide and literacy to tackle the challenges.”

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Economy

MTN rallies Kano Youths to Embrace Digital Tools, Drive Change

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3 weeks ago

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May 2, 2025

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By Muhammad Nur Tijani

 

Telecom giant, MTN Nigeria has urged young Nigerians to embrace digital technology and affordable data services to harness their potential and positively impact their communities.

Speaking at the Kano leg of the Go Make A Difference (Go M.A.D) campaign, MTN’s Regional Manager for Sales and Distribution in Kano, Abu-Sufyan Aliyu, said the initiative is designed to empower youths to showcase their skills, connect globally, and drive social change.

Aliyu noted that MTN’s customized data plans are built to support different lifestyles, making digital access easier for everyone.

He stressed that young people need only the right mindset and internet access to make a lasting difference.

“This campaign is about sparking a movement — using simple tools like mobile data to inspire, educate, and create change,” he said.

Aliyu described Kano as a vibrant youth-driven city ripe for digital transformation.

Ms Oyeronke George, Manager, Go-To-Market, urged Nigerians to take bold steps and make meaningful impact in their communities, stressing that MTN data offers limitless opportunities.

She said the company aims to nurture a generation of tech-savvy Nigerians capable of addressing local challenges.

Also speaking, Mr Hamza Adamu Panda, Managing Director of Fantel Nigeria Ltd., lauded MTN for its role in supporting youth development and entrepreneurship.

He recounted his growth from a three-man team in 2001 to a workforce of over 200 across 30 branches, noting that his journey with MTN inspired the creation of the Fantel Business School to train young entrepreneurs.

The Go M.A.D initiative, which has made stops in Ibadan, Port Harcourt, Jos and Abuja, aims to ignite a nationwide culture of self-empowerment and digital creativity.

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Economy

MTN rallies Kano Youths to Embrace Digital Tools, Drive Change

Published

3 weeks ago

on

May 2, 2025

By

By Muhammad Nur Tijani

 

Telecom giant, MTN Nigeria has urged young Nigerians to embrace digital technology and affordable data services to harness their potential and positively impact their communities.

Speaking at the Kano leg of the Go Make A Difference (Go M.A.D) campaign, MTN’s Regional Manager for Sales and Distribution in Kano, Abu-Sufyan Aliyu, said the initiative is designed to empower youths to showcase their skills, connect globally, and drive social change.

Aliyu noted that MTN’s customized data plans are built to support different lifestyles, making digital access easier for everyone.

He stressed that young people need only the right mindset and internet access to make a lasting difference.

“This campaign is about sparking a movement — using simple tools like mobile data to inspire, educate, and create change,” he said.

Aliyu described Kano as a vibrant youth-driven city ripe for digital transformation.

Ms Oyeronke George, Manager, Go-To-Market, urged Nigerians to take bold steps and make meaningful impact in their communities, stressing that MTN data offers limitless opportunities.

She said the company aims to nurture a generation of tech-savvy Nigerians capable of addressing local challenges.

Also speaking, Mr Hamza Adamu Panda, Managing Director of Fantel Nigeria Ltd., lauded MTN for its role in supporting youth development and entrepreneurship.

He recounted his growth from a three-man team in 2001 to a workforce of over 200 across 30 branches, noting that his journey with MTN inspired the creation of the Fantel Business School to train young entrepreneurs.

The Go M.A.D initiative, which has made stops in Ibadan, Port Harcourt, Jos and Abuja, aims to ignite a nationwide culture of self-empowerment and digital creativity

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Economy

Customs Processes 16,000 B’Odogwu Applications in Kano, Jigawa

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2 months ago

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March 26, 2025

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The Nigerian Customs Service (NCS), Kano/Jigawa Command, has launched the B’Odogwu Data Window System, an indigenous registration portal for shippers, terminal agents, and traders. This system is designed to integrate a unified national data network within the service.

 

Dalhatu Abubakar, the Area Controller in charge of the Command, officially inaugurated the platform on Tuesday during a training session for terminal operators, traders, and shippers in the Kano and Jigawa Operational Area.

 

Abubakar explained that the initiative aims to enhance security, improve operational efficiency, and ensure that Customs operations are locally controlled and managed. He revealed that over 16,000 applications had been processed through the B’Odogwu system between January and March 2025.

 

The Area Controller emphasized that the Nigeria Customs Service (NCS) has shown competence, commitment, and dedication in transitioning from third-party service providers to the B’Odogwu system, which stands for “Reliable Border System.”

 

He highlighted that the system incorporates new features designed for speed, reliability, transparency, and regulatory compliance.

 

Abubakar further warned that terminal operators not integrated into the B’Odogwu system would be barred from operating in Nigeria.

 

“To ensure full compliance, Customs is actively training terminal operators, shippers, traders, and licensed agents to onboard their licences into the system,” he said. “We urge all stakeholders to onboard now, as those who fail to register will lose access once the system is fully implemented.”

 

“Agents must also register with the Federal Inland Revenue Service (FIRS) as part of the operational regulations,” Abubakar added. “This system promotes compliance, reduces irregularities in agents’ dealings with Customs, and enhances transparency in trade facilitation.”

 

He assured stakeholders that B’Odogwu operates on an independent network with minimal downtime, ensuring continuous service availability.

 

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