The Executive Vice Chairman of the Nigerian Communications Commission, Prof Umar Garba Danbatta, has said that the telecoms sector contributed N1.549 trillion to the Gross Domestic Product in the second quarter of 2017, representing 6.68 per cent increase from the first quarter of the year.

The NBS' report has confirmed that the telecommunications sector, during the second quarter of 2017, contributed 9.5 per cent to the GDP in contrast to 9.1 per cent contribution in the first quarter of the year.

"We are very proud of the remarkable contribution the sector is making. Even at the recent times when the whole economy was facing challenges, the sector had remained resilient & stable," he told the visitor who was accompanied by a team of administrators from West Africa Telecommunication Regulators Association.

The NCC boss told the visitors that the commission has also noticed a remarkable increase in the data usage in the country.

"The monthly data usage is about 40 million terabytes," he noted.

Speaking further, Danbatta noted that the broadband penetration in the country currently stands at 21 per cent, as Nigeria is inching toward 30 per cent penetration next year, which is in line with the target of the National Broadband Plan. He said, the Commission has approved spectrum trading consistent with the spirit of the 8-Point Agenda on Optimizing the Use & Benefits of Spectrum.

This is to ensure that no acquired spectrum is left unutilized.

SOURCE