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NCC: Telecommunication Investment Hits $25 bn

By on March 17, 2013

Nigeria has witnessed huge advancement in the development of the telecommunication industry with an investment profile that currently stands at about $25 billion.

The commission said the Sim Card registration has been completed while the much awaited Number Portability project take off shortly.

The Executive Vice Chairman of the Nigerian Communication Commission (NCC), Dr. Eugene Juwah who gave an update on the growth in the sector during a send-off dinner for old NCC board members in Abuja weekend said the active telephone lines have hit over 113 million lines from a paltry 450,000 in year 2000.