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  Fubara Hosts Rivers APC Guber Candidate, Wike-Backed Reconciliation Panel

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.

Share this:

  • Share on WhatsApp (Opens in new window) WhatsApp
  • Tweet

No related posts.

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

Related Posts

Fubara Hosts Rivers APC Guber Candidate, Wike-Backed Reconciliation Panel

August 10, 2026

Iran won’t reopen Hormuz until US meets all conditions — Revolutionary Guards

August 9, 2026

Netanyahu rejects US Gaza plan, vows no pullout until Hamas disarms

August 9, 2026
Search
Recent Posts
  • NSCDC Deploys 10,000 Personnel for Osun Governorship Election
  • Afternoon Recap: Lagos Island Two-Bedroom Rent Hits N17.25m, Law Student Dies, Other Top Stories
  • CAF Confirms 2026/27 Calendar, Sets Dates for Major Competitions
  • Photos: Shettima Studies During Two-Week Leave
  • Full List: US Publishes 100 Questions and Answers for Foreigners Seeking Citizenship
  • AFC, UEFA, CONCACAF Demand Review of Infantino’s Failed FIFA Deal
  • 2027: Aggrieved Oyo APC Governorship Aspirants Reconcile, Back Alli, Tinubu
  • Police Stop UNICAL Church Service Over Fears of Violence
  • Doctor-Filmmaker Recounts Extortion Threats by Lagos Area Boys
  • Fubara Hosts Rivers APC Guber Candidate, Wike-Backed Reconciliation Panel
  • Iran won’t reopen Hormuz until US meets all conditions — Revolutionary Guards
  • Osun Election: What Led to Osun CP Removal  — IG
  • Netanyahu rejects US Gaza plan, vows no pullout until Hamas disarms
  • Military Intercepts 3 Suspected Terrorists, Eliminates One in Borno
  • NNPC Counters Criticism, Cites 6% Growth in Crude Production Under Ojulari
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.