Lagos, 9 other states accounted for N11.35trn telecoms sector GDP in 2023, says NBS

The National Bureau of Statistics (NBS) has disclosed that 10 states in Nigeria accounted for N11.35 trillion  or 50 per cent telecommunications sector’s total revenue contribution to nominal gross domestic product (GDP) in 2023. 

The states includes Lagos, Kano, Rivers, Oyo, Delta, Akwa Ibom, FCT Abuja, Ondo, Ogun, and Edo

According to the GDP on telecommunications by state dataset, all states in Nigeria contributed N22.68 trillion telecommunications sector’s total revenue to nominal GDP in the year under review. 

A breakdown of the record showed that Lagos maintained its dominance with N2.74 trillion, nearly three times higher than Ogun, the second-biggest contributor with N1.33 trillion.

The NBS said Kano followed with N1.26 trillion, while Oyo ranked fourth with N1.17 trillion.

Also, Kaduna secured the fifth spot at N1.01 trillion, edging the Federal Capital Territory (FCT) Abuja which accounted for N824.2 billion, followed by Niger state with N814.8 billion.

Others are Rivers (N803.6 billion), Adamawa  (N754.4 billion) and Katsina (N621.9 billion).

The figures highlight how telecommunications is a critical driver of state-level economic activity, with Lagos alone contributing more than 22 percent of the national telecoms output.

At the other end of the table, NBS data showed that Ekiti (N148.84 billion), Ebonyi (N157.93 billion), Yobe (N168.36 billion), Kebbi (N170.66 billion), and Taraba (N174.06 billion) made up the bottom five, jointly accounting for less than four per cent of total earnings.