Nigerian Communications Commission Reports 500,000 5G Subscriptions and 47.01% Broadband Penetration
The Executive Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, announced that Nigeria has reached half a million 5G network subscriptions and achieved a broadband penetration rate of 47.01% as of July 2023. Speaking in Kano, Danbatta highlighted the significant progress made by the telecoms industry since 2015. He previously reported over 60,000 5G subscriptions in July and emphasized the country’s goals of achieving 50% broadband penetration by the end of 2023 and 70% by the end of 2025.
In a statement, he said, “Also, from 8 percent contribution to the Gross Domestic Product in 2015, the telecommunications sector now contributes 16 percent quarterly to the Nigerian economy as of the second quarter of 2023.
He said, “Besides, following the authorization of more telecommunications companies to operate in Nigeria’s telecoms sector, the investments profile has increased tremendously from $38bn in 2015 to $75bn currently and this keeps growing daily. From the sales of 5G C-Band Spectrum, the NCC has generated over $847.8m for the Federal Government.”
Earlier, the Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, said Nigeria was seeking partnerships to boost telecommunication connectivity in unserved and underserved communities.
The minister emphasized that connectivity served as a catalyst for progress and stressed the importance of forming partnerships to bridge the digital divide in the country.
