Close Menu
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
Facebook X (Twitter) Instagram
The Meridian Spy
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
The Meridian Spy
Home»News»Nigeria’s SIM Card Manufacturing Industry Generates N55bn – Danbatta
News

Nigeria’s SIM Card Manufacturing Industry Generates N55bn – Danbatta

meridianspyBy meridianspyAugust 24, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Share
    

Share!

  • Share
  • Tweet

Professor Umar Danbatta, the executive vice chairman of the Nigerian Communications Commission (NCC), highlighted significant strides in Nigeria’s telecommunications sector following the inaugural Nigerian Telecommunication Indigenous Content Expo (NTICE).

At the ongoing NTICE 2023 event, Engineer Ubale Maska, Executive Commissioner of Technical Services at NCC, conveyed Danbatta’s message. Danbatta noted that the policy implemented after the first NTICE event, which banned the import of whole-body SIM cards, has yielded substantial economic benefits.This ban not only alleviated pressure on foreign exchange demand but also resulted in local SIM card manufacturers generating more than N55 billion in revenue.

Furthermore, the ban sparked direct and indirect job creation, amplifying the positive impact on the economy.

Danbatta emphasized that Nigeria’s telecom sector plays a pivotal role in the country’s socio-economic growth, as exemplified by its remarkable achievements.

The sector’s contribution to GDP rose from 12.45% in Q4 2020 to 14.13% in Q1 2023, aiding Nigeria’s recovery from recession.

Highlighting its global standing, Danbatta noted that Nigeria leaped ahead in the 5G race, with revenues exceeding USD $820 million from 3.5GHz Spectrum band licenses granted to operators in 2021 and 2022.

This achievement positioned Nigeria as a 5G pioneer among European, African, and Middle Eastern nations.The telecom sector’s commitment to improved Quality of Service and Experience has been unwavering, maintaining stable tariffs despite escalating service provision costs.

To sustain this progress, embracing indigenous content and value creation within the telecom value chain is crucial.The Nigeria Office for Development of Indigenous Telecoms Sector (NODITS), established in 2021, has made strides in manufacturing, human capacity development, research, and software and services creation.

READ ALSO  NAFDAC Uncovers Illegal Bitters Factory in Lagos, Arrests Manager Over Fake Registration Number

The NTICE event has become a flagship platform for promoting indigenous content, aligned with the NCC’s strategic goals.Moreover, efforts to shield fiber infrastructure from damages led to the incentivization of Corrugated Optical Duct (COD) manufacturing.

The Commission remains dedicated to supporting Micro, Small, and Medium Enterprises (MSMEs) and innovators, offering angel investments, research and development support, investor exposure, and sponsorship for tech events.

In conclusion, Danbatta highlighted that NTICE 2023 symbolizes the celebration of these accomplishments, epitomizing Nigeria’s spirit of innovation and ingenuity.

No related posts.

Nigerian Communications Commission Nigerian Telecommunication Indigenous Content Expo
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
meridianspy

Related Posts

BREAKING: Nollywood Actor Francis Duru Dies At 57 

October 23, 2026

Popular Tinubu Supporter Jide Kosoko Runs Into Debt After ₦300m Film Flops

October 22, 2026

Petrol Landing Cost Drops to ₦1,283.81 Per Litre as Crude Oil Hits $108.90

October 22, 2026
Search
Recent Posts
  • BREAKING: Nollywood Actor Francis Duru Dies At 57 
  • Atiku Demands Publication of 103 Million Voters’ Register Ahead of 2027 Election
  • Popular Tinubu Supporter Jide Kosoko Runs Into Debt After ₦300m Film Flops
  • Petrol Landing Cost Drops to ₦1,283.81 Per Litre as Crude Oil Hits $108.90
  • 2027: Atiku Lacks Capacity to Revive Nigeria’s Economy, Says APC National Secretary
  • NBBF President Dr. Mustapha Abdullahi Meets NBA Deputy Commissioner Mark Tatum, Seeks Strategic Partnership 
  • Political Rivalry Cannot End Our Friendship, Tinubu Tells Kwankwaso at 70
  • Arteta Raises Alarm Over Saka Injury After Arsenal’s 2-2 Draw With Bayern Munich
  • 2027 Elections: FRSC Bans Officers from Escorting Politicians, Issues Fresh Directive
  • FCT Workers, Artisans Endorse Tinubu’s 2027 Re-election Bid, Praise Abuja’s Transformation
  • NAFDAC Uncovers Illegal Bitters Factory in Lagos, Arrests Manager Over Fake Registration Number
  • 2027: Okpebholo Rallies Edo Residents for Tinubu, Says State Must Not Return to Opposition
  • DSS Arraigns Five Suspects Over Abduction of NYSC Members, Others in Imo
  • FIBA Affirms NBBF Election Outcome, Recognises Dr. Mustapha Abdullahi as President
  • NITDA, Stakeholders Push Stronger Partnerships for Digital Transformation
Categories
  • Business
  • Crime
  • Education
  • Entertainment
  • Environment
  • Foreign
  • Health
  • Investigations
  • Labour
  • Lifestyle
  • Metro
  • News
  • Opinion
  • Politics
  • Security
  • Sport
  • Technology
  • World news
Access Bank DiamondXtra Season 16 Rewards
  • About us
  • Contact Us
  • News
  • Politics
  • Health
© 2026 All Right Reserved. Designed by Techjuno

Type above and press Enter to search. Press Esc to cancel.