Telecom sector contributes N2.508trn to Nigeria’s GDP

The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to the nation’s gross domestic product (GDP), representing 14.13 per cent.

According to the statement when compared on a year-on-year basis, the growth showed positive progression from 12.94 per cent. in the first quarter of 2022 , to the 2023 figure of 14.13, which is an approximate growth by 9.19 per cent. .

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