Despite the huge challenges in the telecoms sector since independence in 1960, stakeholders are of the view that the industry has impacted on the Nigerian economy in several ways, writes Emma Okonji
Although the Nigerian economy is still grappling to catch-up with the rest of the world in the area of technology development that is currently driving global economies, the Nigerian telecoms industry is one industry that has greatly impacted on the Nigerian economy.
The sector has contributed to the economy positively through job creation, infrastructural development and contributing over $70 billion to gross domestic product (GDP) since the inception of Global System for Mobile Communication (GSM) in 2001.
The sector has equally changed the personal and business lifestyles of Nigerians in a most suitable way, through voice and data communications.
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