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


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 also known as Queen Ferry, is a Nigerian business Executive, social media savvy Journalist and Content Editor with over seven years experience. She serves as the Vice-Chairman of Naijatraffic Limited. If Treasure is not researching/blogging, she will be making delicious delicacy.

Popular Related

Tupac’s ring breaks record as it sells for $ 1 million at auction

Legendary king of Rap music, Tupac is still breaking records even in death, as his ring is been auctioned for $1 million.The diamond-encrusted gold...

Toco, Japanese man spends $14,000 to turn into a dog

A Japanese Man, Toco has turned himself into a dog by spending a whopping $14,000 on a custom-made dog.The man received recognition due to...

NIN-SIM policy: Telcos lose 12m internet subscribers – NCC

The number of internet subscribers decreased from 154,301,195 subscriptions as at December 2020 to 141,971,560 subscriptions as at December 2021 showing an 8 per...

14-year-old invents soap to treat skin cancer, wins US Young Scientist award

A 14-year-old boy, Heman Bekele, has emerged “America’s top young scientist” after inventing a bar of soap that cures melanoma, a skin cancer.The middle...

Mr Beast wins Guinness world record for becoming the first person to reach 1million followers on Threads

Guinness world records declares MrBeast as the first person to reach follower-ship of 1million on new app,Threads.MrBeast has gained 1 million followers on the...

NCC explains why SIMs are being blocked despite NIN linkage

The Nigerian Communications Commission, (NCC) has explained reasons why SIMs cards are being blocked despite linking them to their National Identification Number, NIN.The explanation...

NIN-SIM Linkage: NCC extended deadline

The National Association of Telecoms Subscribers (NATCOMS) has urged the Nigerian Communications Commission (NCC) to extend the deadline for blocking unlinked subscribers to March...

BREAKING: Court sends late Singer Osinachi’s husband to Kuje prison 

FCT, Abuja-A High Court of the Federal Capital Territory (FCT) in Wuse, Friday remanded Peter Nwachukwu, husband of the late Gospel singer Osinachi, at...

Tobi Amusan: set world record twice, fans celebrate her

Tobi Amusan has become the first ever Nigerian athlete to win a World Athletic Championship gold as she won the heat in the women's...

The Weeknd surpasses Michael Jackson’s record for the highest-grossing tour by a Black artist

The Weeknd sets new music records by surpassing late pop star Michael Jackson's record of the highest-grossing black artist.Abel Makkonen Tesfaye, known professionally as...