The Nigerian Communications Commission (NCC) has announced, the number of active mobile subscriptions in the country has reached about 220.716 million as at August 2023. Teledensity stood at 115.63 per cent at the same period.
Also, the number of active internet subscribers was 159.035 million with broadband penetration at 45.57 per cent as at August 2023.
Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof Umar Danbatta, disclosed these at the NCC Day during the 18th Abuja International Trade Fair organised by the Abuja Chamber of Commerce and Industry, at the Trade Fair Complex along Airport Road, Abuja.
He said following such developments in the industry, it had become imperative for the Commission to ensure that telecommunication companies are not over burdened with taxes and levies.
Danbatta was represented by the Director of Consumer Affairs, Umar Alkasim.
He described the theme of the fair which is “Sustainable Financing and Taxation” as apt given the recent challenges of taxation in the country.
“This year’s edition of the trade fair with the theme – ‘Sustainable Financing and Taxation’ is very apt and timely, especially considering the pivotal role the telecommunications industry play in driving economic growth, fostering innovation, and enhancing the quality of life for citizens across the globe.
“As the telecommunications regulator in Nigeria, we bear the responsibility of ensuring the sustainability and vitality of the sector,” Danbatta said.
He said the information and communications technology (ICT) sector remains one of the fastest growing industries directly creating millions of jobs, therefore, the sector should not be over burdened with taxes that can stiffen it growth and development.
“Sustainable financing in telecommunication involves sourcing the necessary capital to build and maintain robust telecommunications networks.
“As regulators, we understand that this financing should be stable, accessible and conducive for industry growth. Taxation while essential for funding of Government initiatives must strike a delicate balance between revenue generation and industry growth,” he said.
Speaking on deployment of the Fifth Generation (5G) Technology across the country, Danbatta expressed delight that some licensees have commenced operations with deployment of infrastructures to boost their operations.
Danbatta said:” As you may be aware, the NCC is driving initiatives for the full deployment of Fifth Generation (5G) network in Nigeria.
” Already, 5G spectrum licenses have been issued to companies for rollout. It is important to state that the 5G network will bring substantial network improvements, including higher connection speed, mobility and capacity, as well as low-latency capabilities to communications services in Nigeria.
“I am happy to inform you that licensees have kicked off the commercial launch of 5G network in some cities across the nation.”
