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.