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Telecommunications sector contributed N7tn to GDP in 2013

By BusinessNews Staff on November 12, 2014

The telecommunications sector in Nigeria contributed N6.97 trillion to the country’s Gross Domestic Product (GDP) in 2013.
The disclosure was made by the Executive vice chairman, Nigeria Communications Commission (NCC), Dr. Eugene Juwah, at the 2014 annual workshop for judges on legal issues in telecommunications, which commenced in Calabar yesterday.

The three-day workshop was organised by the NCC and the National Judicial Institute (NJI) in line with its mandate of facilitating continuing judicial education for the entire Nigerian Judiciary.

Represented by the Executive Communication Stakeholder Management, Dr. Okechukwu Itanyi, Juwah said: “My Lords, distinguished guest, ladies and gentlemen, there is no gainsaying the fact that the telecommunications sector is one of the key contributors to the national GDP.

“This is evidenced in the recently rebased GDP figure for 2013 where in the telecommunications and information technology services sector contributed 8.68 per cent to the Nigerian economy, equivalent of N6.97 trillion, making it the star performer in Nigeria’s rebased GDP figure.”

He added: “This development further lays credence to the need to ensure that the sector is effectively regulated. The NCC understands the fact that no regulatory reform(s) would stand the test of time without a firm foundation of due process and the rule of law.

“That is the philosophy behind the bold step in continuously exposing our judges to legal issues in telecommunications”.
Also speaking, the Chief Justice of Nigeria and Chairman Board of Governors, NJI, Justice Aloma Mariam Mukhtar said the workshop was important because it creates a bundle of frontiers by which judicial officers are exposed to the rudiments of technological laws, rules and regulations and keep them abreast of the continuous innovation in this sector

The chief justice implored the NCC, the network providers and all the stakeholders in the communication industry to ensure a remarkable improvement in the services rendered to their numerous.

[ThisDay]

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