The number of active telecommunication subscribers hit 214.35 million in October, according to new industry statistics from the Nigerian Communications Commission.
This is the highest number of recorded telecoms subscribers in the nation since the total number of subscribers peaked at 207.58 million in October 2020, months before the SIM-NIN linkage.
On what has driven subscriber growth in 2022, telcos disclosed that more subscribers were getting new SIMs in a bid to circumvent restrictions on SIMs that had not been linked with their National Identification Numbers.
In MTN’s third quarter release, its Chief Executive Officer, Karl Toriola, said, “As a result, the average daily gross connection was 48.1 per cent above the pre-directive level, partly driven by the cohort of subscribers who were initially restricted and opted to register new SIMs.
GSMA expects 18 million new Nigerians to become unique telecoms subscribers by 2025. Mobile connectivity is at the core of connectivity in Nigeria, with the majority of online services accessed through mobile channels in the nation.
GSMA believes that mobile connectivity is set to play a crucial role in defining the new normal in the nation. It said, “In 2021, mobile technologies and services generated around 8 per cent of GDP across Sub-Saharan Africa, a contribution that amounted to almost $140bn of economic value added.