Telecoms Subscriber Strikes 143million

 The National Bureau of Statistics recently placed the number of people who subscribe to the mobile telecommunications networks at 143.05 million as of the first quarter of this year.
The bureau, in a report on the telecoms sector, stated that the sector had recorded a momentous growth from 2.27 million subscribers in 2002, when the first mobile licence was issued, to 143.05 million at the end of the first quarter of this year.
In relation to contribution to the economy, it stated that the telecoms sector had recorded a growth rate of 5.26% in the opening quarter of this year, with a contribution of N134bn to economic output.
In addition to the report, the annual growth in the sector averaged 46.29% between 2002 and 2014, with the highest rate recorded in 2004 at 153.65%, while the lowest rise of 8.53% was recorded in 2011.

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