Statistics from the Nigerian Communications Commission showed that the figure dropped from 14.42 per cent in Q2, 2021 to 11.94 per cent in Q3, 2021. Checks showed that within the same period in 2020, the contribution was 11.20 per cent
An analyst, who pleaded anonymity, said the slide in the sector’s GDP contribution within the quarter, reflected investors’ concerns on the state of affairs in the country, as well as the uncertainties surrounding policy issues in the sector. According to him, all telecom facilities must be treated as a Critical National Infrastructure with immediate effect “before we can be serious about developing a Digital Economy in its true sense.”
He told The Guardian that the Average Revenue Per User remains steady, stressing that the minutes used per subscriber and subscriber numbers have tapered. On the OTT challenge, Airtel once told investors that young Nigerians, estimated at over 100 million, have taken to the Internet for leisure and education in recent years. The telecommunications firm stressed that these digital natives will re-define the telecoms market with their preferences for Internet calls over regular phone calls.
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