Investments in telecoms sector now stands at $32bn, NCC says

NCC’s Executive Vice Chairman, Dr. Eugene Juwah said this yesterday in Lagos at the 2014 Telecoms Executives and Regulator forum, organized by the Association of Telecommunications Companies of Nigeria (ATCON).
According to him, the sector which hitherto about four years ago contributed 4.56 per cent to GDP has increased its contribution significantly.
He noted that the telecommunications sector has become a major enabler for other sectors of the economy in the country.
Juwah said the completion processes for the InfraCos is being delayed because the foreign consultants hired for the implementation processes are scared of coming to Nigeria because of Ebola.
He said:  “However, I shall be travelling out soon to meet them. We are hoping to complete the process as soon as possible. Remember we are starting with Lagos and the North East. The InfraCos will help strengthen Nigeria’s broadband drive.”