Nigerians Spend ₦448bn on Recharge Cards Monthly
Telecoms subscribers in Nigeria currently spend an average of N447.8bn monthly on recharge and top-up cards.
The development is coming even as the active telephone subscriptions in the country hit a record 127 million, according to the latest industry data released by the the Nigerian Communications Commission.
The centrality of telephone services to individuals’ and businesses’ daily activities is underscored when the current spending on telephone services is compared with other priority expenditure of Nigerians.
According to findings by a Nigerian commercial law firm, Aluko & Oyebode, while Nigerians spend an average of N447.8bn on recharge cards monthly, their current monthly spending on house rent is estimated at N149.1bn; petrol, N128bn and for motor vehicle services, N14bn.
More details on National Mirror
The development is coming even as the active telephone subscriptions in the country hit a record 127 million, according to the latest industry data released by the the Nigerian Communications Commission.
The centrality of telephone services to individuals’ and businesses’ daily activities is underscored when the current spending on telephone services is compared with other priority expenditure of Nigerians.
According to findings by a Nigerian commercial law firm, Aluko & Oyebode, while Nigerians spend an average of N447.8bn on recharge cards monthly, their current monthly spending on house rent is estimated at N149.1bn; petrol, N128bn and for motor vehicle services, N14bn.
More details on National Mirror
Nigerians Spend ₦448bn on Recharge Cards Monthly
Reviewed by Msl
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Reviewed by Msl
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08:38
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