Telecoms Investment in Nigeria Hits $75.6bn - Umar Garba Danbatta

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Amazin Zion

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Mr Umar Garba Danbatta, Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), made an official statement that the investment profile in the nation's telecom sector, which comprises both foreign direct investment (FDI) and domestic investment, has reached $75.6 billion as of 2021.

Danbatta, who is a professor of electrical and electronic engineering, disclosed this at a conference with stakeholders in the communications media sector, in Lagos on Wednesday, where he provided his evaluations and landmark developments that have shaped the direction of expansion in the telecoms sector since he became the chief telecom regulator in August 2015.

The NCC chairman also said that the telecommunications industry generated a total of...

Read more: https://www.investingport.com/telecoms-investment-in-nigeria-hits-756bn-umar-garba-danbatta/