Nigerians and other nationals within Nigeria spent $7.8 billion on airtime, data, and other telecommunication services in 2021, according to the Nigerian Communications Commission.
This is a 12.74 per cent increase from the $7 billion that was spent in 2020 and a 31.55 per cent increase from the $6 billion that was spent in 2019, reflecting a sustained increase in the relevance of telecoms services.
A report titled, ‘2021 Subscriber/Network Data Annual Report,’ by the NCC said, “Finance – This collation was based on the submissions received from service providers. It indicates that the total revenue in the sector recorded was $7.8 billion.”
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