One Year After Import Ban, Local SIM-card Market Value Hits N55bn

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Local SIM-cards manufacturing market now valued at N55 billion, after one year of ban on importation of whole body SIM cards in the ICT sector, the Nigerian

Recall also that the commission in 2021 and 2022, generated revenue in excess of $820 million from the auction and grant of 3.5GHz Spectrum band licences to three operators to boost the deployment of Fifth Generation services in Nigeria. This placed Nigeria on the global 5G map ahead of many countries in Europe, Africa and the Middle East.

“In order to sustain and further improve Quality of Service and Quality of Experience in telecommunications services in Nigeria, we must embrace indigenous content and value creation within the telecoms value chain, otherwise, increase in telecoms tariff will be inevitable. Danbatta posited that NTICE is not only an exhibition but it is also a gathering of industry players that embodies the spirit of innovation, resilience, collaboration, and progress, while assuring that the commission is fully committed to the drive of the federal government to place the Nigerian economy on a sustainable pedestal through all the necessary policies put in place.

 

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