NCC said, about 63 million technology devices sold in Nigeria annual

    Published By:

    Over 63 million technology devices are sold in Nigeria every year, according to data from Original Equipment Manufacturers (OEMs). The estimates suggest that average devices owners change their devices every 6 to 18 months. It was disclosed in the National Communications Commission’s, “Deployment of a Device Management System project information Memorandum.”

    According to the Commission, Date from Original Equipment Manufactures suggest that the average devices owners change devices every 6 to 18 months, “ The size and turnover of the mobile device market after vast opportunities for the implementation of a DMS.”

    In the document, it was revealed that there were approximately 132 million unique devices on the nation’s telecommunication network in 2020.

    According to the NCC, the digital economy is about 15.5 per cent of global Gross Domestic Product (GDP), growing two and a half time faster than global GDP over past 15 years . Also, “According to NCC industry data, the telecom sector is estimated between 11-14 per cent quarter to the GDP.

    “This figure has been rising in the last few years consisting with increasing competition decreasing telecom sector tariffs, and increasing teledensity. Innovations in the market such as 5G, Internet-of-Things will only further the rate of penetration of telecom devices in Nigeria which makes the DMS project a welcome development.”

    Commenting on the number, the Public Relations Officer of the Computer and Allied Product Dealers Association of Nigeria, Solagbade Olaifa, disclosed that it was a good number. he said, most of these devices are sold as new ones.

    He added, “Yes, most of those devices are being sold as new devices. Lagos accounts for at least 70 per cent of it. About the rest of that is from other regions. “About N5bn worth of devices is being sold in Computer Village, Ikeja Lagos. When quizzed on whether local production of devices, “Yes, it is good we start producing but only when we have the expertise.

    Queen Ferry
    Queen Ferry
    Chinyere Treasure Ikechukwu known professionally as Queen Ferry, is a Nigerian business Executive, Journalist and Content Editor. She serves as the Vice-Chairman of Naijatraffic Limited and also the CEO of Wakadaily

    Most Popular Read

    Police arrest herdsmen who allegedly lure buyers to forest, murder one in Anambra 

    Anambra State Police have arrested three Fulani herdsmen who allegedly murdered a man identified simply as Energy, a native of Umunya, Oyi Local Government...

    Nollywood actor, Olaiya Igwe, rolls on the floor as MC Oluomo gifts him Benz

    Popular Yoruba actor, Ebun Oloyede, most known as Olaiya Igwe, rolled on the floor as former Lagos State NURTW branch chairman, Musiliu Akinsanya, popularly...

    Man stabbed to death by his wife’s lesbian partner in Anambra 

    A man identified as Ikechukwu Onuma popularly known as Ayaaya Onye-Obodo, has been stabbed to death by his wife lesbian partner identified as Ebele...

    Rivers APC spokesman defect to PDP, after criticising Wike

    A former Publicity Secretary of the All Progressives Congress in Rivers State, Chris Finebone, has joined the Peoples Democratic Party in Port Harcourt, Finebone...

    American influencer arrested for stabbing Nigerian boyfriend to death

    American Instagram model and influencer, Courtney Clenney, has been arrested by the Hawaii police for stabbing her boyfriend Christian Toby Obumseli to death in...

    Peter Obi appoints Prof Charles Okigbo, as campaign spokesman 

    The presidential candidate of the Labour Party (LP), Peter Obi, has appointed Professor Charles Okigbo, emeritus of strategic communication at North Dakota State University...

    Wike did not sue Atiku Abubakar to court – Reno Omokri

    Nigerian lawyer and a former President aide Reno Omokri, has said that governor of River State, Nyesom Wike did not sue the peoples Democratic...

    Tiwa Savage releases new single ‘Jaiye Foreign’ ft. Zinoleesky 

    Nigerian superstar singer, Tiwa Savage has released a new single titled 'Jaiye Foreign' featuring street vocals of Afrobeat specialist and Marlian music, Zinoleesky. The queen...

    2023 Presidency: Wrong choice will consume Nigeria – Obasanjo 

    The former president Olusegun Obasanjo, has appealed to Nigerians to make the right choice during the forthcoming 2023 general elections, adding that, making the...

    We are ready to move Mountain to save Nigeria – Peter Obi

    The Labour Party presidential candidate, Peter Obi, said he is ready to move mountains to save Nigerians, on Thursday during the Labour Party and...