The Nigerian Communications Commission (NCC) has released information showing the data of how more Nigerians have gotten connected to the internet. The NCC’s data shows that the mobile network operators, MTN, Globacom, Airtel, and 9mobile maintained their dominance of the internet market accounting for 155.6 million of the total subscriptions.
According to Jibola Olude, the executive secretary of the association of telecommunication companies of Nigeria (ATCON) :
“The increase indicates that consumers are spending more on data and companies are driving productivity through maximum usage of broadband penetration. When internet services providers expand their coverage areas and offer more affordable plans, more people can access the internet and become subscribers”
The Global System for Mobile Communications report disclosed that In 2022, mobile technologies and services generated 5 percent of global GDP, a contribution that amounted to $5.2 trillion of economic value added, and supported 28 million jobs across the wider mobile ecosystem.
In Nigeria, the percentage contributed to the Gross Domestic Product (GDP) of Nigeria by the telecommunications industry grew by 13.55 percent in the fourth quarter of 2022, the NCC data shows.
This increase in the number of internet users in Nigeria signifies positive development sending a signal that the country is experiencing notable digital growth. The mobile industry has been vital in facilitating economic development and job creation on a global scale, and Nigeria is not an exception. Because of this, the continual growth of the telecommunications industry is anticipated to have a massive positive impact.