Friday, October 10, 2014

Nigeria: BPE Puts Nigeria's Telecoms Sector Investments At U.S.$40 Billion




THE Bureau of Public Enterprises (BPE) has put the total investment in Nigeria's telecommunications sector at $40 billion (N6.4 trillion).

The BPE's Director-General, Benjamin Dikki, identified the deregulation of the telecommunications sector and the participation of private telecoms firmss like MTN, Glo, Airtel, Etisalat, Visafone as some of the country's achievements in the last few years.

Besides, the sector is said to have contributed 4.69 per cent to Nigeria's Gross Domestic Product (GDP) within the last four years.

The GDP contributions was made known Thursday, in Lagos, by the Executive Vice Chairman of Nigerian Communications Commission (NCC), Dr. Eugene Juwah, while addressing stakeholders in Lagos at the 2014 Telecoms Executives and Regulator forum, organized by the Association of Telecommunications Companies of Nigeria (ATCON).



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