Telecoms contribution to GDP in Q2 2020 higher than Q1 2021

The Telecoms Industry contributed 2.64 per cent less in the first quarter of 2021 than in the second quarter of 2020 to the Gross Domestic Product (GDP), latest reports from the Nigerian Communications Commission (NCC), show.

According to this report, Q2 2020 contributed more to the GDP than any other quarter since Q1 2020. In Q1 2020, the industry contributed 10.88 per cent to the GDP and in Q2 2020 it contributed 14.3 per cent. While in Q3 2020, the industry contributed 11.2 per cent and in Q4 2020, it contributed 12.45 per cent. The industry contributed 11.66 per cent to the GDP in Q1,2021.

The report also showed that in June 2021, activities of Subscriber Identity Module (SIM) porting resumed after it was paused since January of this year. All major network providers excluding Globacom received Incoming Porting meaning that MTN Nigeria, Airtel Nigeria and 9mobile received subscribers that left other network operators to register with them. Airtel Nigeria had 360 Inward Porters, 9mobile had 191 Inward Porters and MTNN had 65 Inward Porters, in total there were 616 Inward Porters. 9mobile recorded the highest number of Outward Porters with 323 subscribers leaving their services to other network providers.

Airtel Nigeria had 101 Outward Porters and Globacom had 172 Outward Porters while MTN had 106 Outward Porters. In total the Commission recorded 702 Outward Porting.