Nigeria spends $2.35bn on phone importation – Report

Nigeria spent $2.35bn on telephone importation in three years, according to data from the International Trade Centre.
 
The nation spent $807.95m on the importation of phone sets in 2019, $765.57m in 2020 and $772.25m in 2021, the ITC, which is an international body that focuses on trade, said.
 
The data further revealed that most of the phone sets coming into the country were from China ($1.71bn in the time under review). The nation also imports from other nations such as Hong Kong, Sweden, the United States, Netherlands, Vietnam, Mexico, and others.
 
The Nigerian Communication Commission, NCC, recently revealed that about 63 million technology devices were sold in Nigeria every year, quoting data from Original Equipment Manufacturers.
 
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