Nigeria Records Broadband Connections Of 88.2 Million In November 2022
The Nigerian Communications Communication (NCC) has revealed rise in broadband connections data of 88.2 million as at November 2022.
According to the data release, telecom operators in the country recorded a total of 1.3 million naira broadband subscriptions in that month.
As of October 2022, broadband subscriptions in the country stood at 86.9 million. The increase recorded in November brought the country’s broadband penetration to 46.24%.
Also, in the same month, total internet subscriptions in the country increased to 152.8 million which shows that 57.7% of the internet connections in the country as of November 2022 were broadband.
The continuous increase in broadband subscriptions means that the country’s efforts through the implementation of the National Broadband Plan (NBP 2020-2025) are yielding results. In the plan, the government had set a target of 70% broadband penetration, to be achieved by 2025.
The telcos are driving broadband penetration through the expansion of their 4G service across the country.
A World Bank report established that every 10% increase in broadband penetration in any country would improve its GDP by at least 4.6%. Hence, the rapid rollout of broadband services in Nigeria is expected to address various socio-economic challenges the country faces, including the need to grow its economy, expand the tax base, and improve digital literacy and educational standards.
However, between November 2020 and October 2021, the service providers lost a total of 9.9 million broadband subscriptions.
Before the ban on new SIM in 2020, the country had been recording a 1%increase each month, as the mobile network operators continued to push for the deployment of 4G service across the country.