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Friday 6 November 2015

Wow! See the outrageous amount Nigerians spend on Airtime monthly


Latest investigations have shown that Telecoms subscribers in Nigeria currently spend an estimated N238 billion on purchase of airtime on their phones on a monthly basis which could have been higher but for reduced call tarrifs from network providers.


The estimate is based on the current average revenue per user (ARPU) which have a benchmark of $8 (N1,593) and the current active subscriber base in the country.

Plus, the latest report from the Nigerian Communications Commission (NCC), revealed that the country’s telecoms market recorded 150 million active lines as at the end of September.

Thus, by multiplying the ARPU with the monthly subscriber base of 150 million, telecoms subscribers on different mobile networks in the country spend an estimated N238 billion on recharge cards every month.

President, National Association of TelecomsSubscribers (NATCOMS), Mr. Deolu Ogunbanjo, said for as long as more Nigerians continue to take up and rely on telecoms services for their daily business and personal activities, telcos would continue to increase their revenues.

While the President, Association of Licensed Telecoms Operators(ALTON), Mr. Gbenga Adebayo noticed that:

"The expenditure by subscribers has even reduced drastically in the last 14 years of telecoms regulation.
You will recall that, in this country, we have made calls for close to N100 and today, we are witnessing a decrease in tariffs where we make calls for just about N10 or below per minute".

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