Telecommunications Sector Summary Report Q1 2015
In real terms, the telecommunications sector contributed N1,344,489.25 million or 8.38% to total economic output for the opening quarter of 2015, a marginal decline from the 2014 average contribution of 8.46%. The opening quarter of 2015 recorded a real growth rate of 5.36%, a rise of 0.61% points from the 2014 average growth rate, which was 4.75%.The only
negative Year on year growth rates were recorded in 2011, with the lowest rate reaching -6.45% in the third quarter. Yet the following quarter saw the highest rate recorded, of 8.67%,which has not been matched to date.
Data source: National Bureau of Statistics