Telecommunications and ICT services contributed N2.508 trillion to Nigeria’s GDP in the first quarter of 2023, the Nigerian Communication Commission (NCC) stated on Thursday.
NCC quoted figures released by the National Bureau of Statistics (NBS) in a statement issued by its Director, Public Affairs, Reuben Muoka.
“Telecoms contribution to GDP was calculated from 46 distinct sectors of the economy, which constitute telecoms and information services baskets.
“The Nigerian telecoms industry has continued to show a positive outlook, which is credited to the innovative and predictable telecoms regulatory environment implemented by the NCC.
“One of the key highlights of the telecoms industry performance within the period was the generation of 820.8 million dollars for the Federal Government from 5G spectrum licences fees.
“The fees were paid by three operators, MTN, MAFAB and Airtel,’’ Mr Muoka stated.
He added that following the issuance of the licences in December 2021, MTN and…