Nigerian Telecommunications (Services) Sector Report Q2 2016

Nigerian Telecommunications (Services) Sector Report Q2 2016

In real terms, the telecommunications sector contributed N 1,580 billion to GDP in the second quarter of 2016, or 9.8%, which represents an increase of 1.0% points relative to the previous quarter. This is the largest contribution to GDP made from this sector in the rebased period, which emphasises that growth in telecommunications has remained robust when compared to total GDP. However due to differing seasonal patterns, the contribution from telecommunications is usually the largest in the second quarter.

Data source: National Bureau of Statistics

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