September 22, 2021

Atinuke Tokura/TnTv Network

The Minister of Communications, Barrister Adebayo Shittu has who revealed that telephony subscription rose from 151 million in 2015 to 178 million also illustrated with irrefutable evidence and impeccable graphics how tele density rose by 14 percent in the last four years. In addition to these, The Telecommunication’s sector boosted the Nation’s Gross Domestic Product (GDP) in the first quarter (Q1) of this year with N2trillion, According to the Executive Vice Chairman of the Nigerian Communications Commission. Professor Umar Garba Danbatta.

The EVC who spoke during a valedictory media briefing for the Minister of Communications, Barrister Adebayo Shittu in Abuja, also said telephony subscribers’ base rose from 152 million in 2015 to 173 million by 2019 as a result of the massive investments of the government in the telecom sector, while stating that data usage has quadrupled from 20 terabytes in 2015 to 85 terabytes which indicates that NCC has facilitated the expansion of the frontiers of access to ICT.

According to him, broadband penetration in the industry reached 33.08 per cent as against 8.5 per cent in 2015 while the country is now targeting 70 per cent by year 2023. Another mile stone the Commission is aiming for is the 120,000km fibre infrastructure by 2023 to enable the Federal Government address the challenges of the information communication technology (ICT) sector as the world moves towards digital economy.

In an interview with Professor Danbatta, he said the NCC has succeeded in empowering Nigerians to own, control and manage one of the dominant telecommunication company in the country by MTN listing in the Nigerian Stock Exchange (NSE). Arising from the settlement agreement reached with MTN through payment of N330billion to government coffers of which they have paid N235billion remaining only N55billion which is the last trench MTN has been listed in the NSE and Nigerians can now buy shares and through this, Nigerians will be financially empowered and socially transformed

EVC speaking addressing press


On his part, the Director General of NITDA, Dr Ali Pantami referenced the unprecedented contribution of ICT and OEMs to underscore his claims about the Minister’s tenacity of purpose, Ade revealed how NIPOST has facilitated FG’s promotion of economic growth through credit schemes and the bringing of banking services to the unbanked and underbanked people of Nigeria. He noted that what happened to NIPOST under Shittu’s superintendence as Minister was beyond mails but quantifiable integration, innovation and inclusion.


Related Posts