On behalf of Mike Adenuga and South Africa, I say thank you, your money has been fantastic! This was disclosed on Wednesday by Umar Danbatta at the launch of NCC Year of Consumer. According to him, Nigerian subscribers spent $5.6 billion in 2015 and $6.6 billion in 2016 which adds up to $12.2 billion (N3.66trn) in the space of two years. In his words:
“In 2015, Nigerian telecom consumers spent a whooping $5.6 billion on telecommunications services. And in 2016, they topped it up by another $1 billion to make it $6.6 billion.That is why today’s event is remarkable. More remarkable is that the year 2017 is dedicated to the Nigerian Telecom Consumers.”
To put that into perspective, the total amount spent is more than half of the 2017’s annual budget.