The Nigerian Communications Commission (NCC) announced that subscriptions to 5G services in Nigeria have reached 500,000, showcasing significant progress in the country’s digital advancement. Additionally, the NCC pledged to achieve at least 50 percent broadband coverage across the nation by the end of 2023. The Executive Chairman of the NCC, Prof. Umar Danbatta, highlighted the Commission’s efforts to improve broadband penetration, emphasizing that the national target of 70 percent broadband penetration by 2025 is a key focus.
Key Points:
- Subscriptions to 5G services in Nigeria have reached 500,000, indicating the growing adoption of advanced digital technologies in the country.
- General internet subscriptions have surged to 159.5 million, a substantial increase from less than 100 million in 2015, underscoring the rapid growth of internet connectivity in Nigeria.
- The NCC aims to achieve at least 50 percent broadband coverage nationwide by the end of 2023, signifying a commitment to expanding digital access and connectivity.
- The NCC’s Executive Chairman, Prof. Umar Danbatta, emphasized the renewed attention given to the national target of achieving 70 percent broadband penetration by 2025.
- Broadband penetration in Nigeria has increased significantly from 6 percent in 2015 to 47.01 percent as of July 2023, driving over 89.73 million subscriptions on 3G, 4G, and 5G networks.
- The telecommunications sector’s contribution to the Gross Domestic Product (GDP) has risen from 8 percent in 2015 to 16 percent quarterly in the second quarter of 2023, reflecting its growing economic significance.
- Investments in the telecommunications sector have notably increased from $38 billion in 2015 to $75 billion, indicating a thriving and expanding industry.
- The NCC has generated over $847.8 million for the Federal Government through the sales of Fifth Generation (5G) C-Band Spectrum.
Analysis: The surge in 5G subscriptions and internet connectivity in Nigeria demonstrates the country’s rapid digital transformation. The NCC’s commitment to achieving 50 percent broadband coverage and the national target of 70 percent penetration by 2025 underscores Nigeria’s determination to expand digital access and foster technological advancement. The telecommunications sector’s growing contribution to the GDP and the significant increase in investments highlight its pivotal role in Nigeria’s economy. Additionally, the revenue generated through the sale of 5G spectrum showcases the potential economic benefits of advanced telecommunications technologies. This progress reflects a positive trajectory for Nigeria’s digital future and its potential to leverage technology for economic growth and development.
