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NCC Seeks Fresh Investment As Nigeria’s Data Consumption Surges 47%

The Nigerian Communications Commission has called for increased investment in telecommunications infrastructure as Nigeria’s data consumption surged by almost 47 per cent within one year.

The NCC Executive Vice Chairman and Chief Executive Officer, Dr Aminu Maida, made the call on Tuesday at the opening of the Nigeria Digital Connectivity Investment Forum in Abuja.

The forum, organised in partnership with Swedfund and Ookla, brought together government officials, investors, development finance institutions and telecommunications operators to explore financing opportunities for Nigeria’s digital infrastructure.

Maida disclosed that Nigerians consumed approximately 1.66 million terabytes of data in July 2026, compared with 1.13 million terabytes recorded in July 2025.

He said the increase represented almost 47 per cent growth in data consumption within 12 months, warning that sustained investment would be required to prevent infrastructure from falling behind rapidly rising demand.

“We can see the demand in our figures. Nigerians consumed about 1.66 million terabytes of data in July this year, up from 1.13 million a year earlier. That is an increase of almost 47 per cent in twelve months.

“Keeping pace will require sustained investment, both to expand networks and to improve the experience of people already connected,” Maida said.

The NCC boss said pressure on telecommunications infrastructure would continue to intensify as the adoption of cloud computing and artificial intelligence expanded across businesses and other sectors of the economy.

According to him, reliable connectivity is increasingly becoming essential to both businesses and consumers, making investment in digital infrastructure critical to Nigeria’s economic development.

Maida said the commission had introduced measures aimed at improving the investment climate, including the 2025 tariff adjustment, which he said addressed some of the financial pressures facing telecommunications operators and strengthened their capacity to invest.

He also cited the Federal Government’s designation of telecommunications infrastructure as Critical National Information Infrastructure, as well as ongoing engagement with state governments over Right of Way, as measures designed to protect telecom assets and reduce deployment costs.

The NCC chief executive further disclosed that the regulator was deploying network performance data and consumer complaints to identify service deficiencies and determine areas requiring additional investment.

“We are making evidence-based decision-making central to how we regulate. For investors, that should mean a clearer understanding of where the opportunities lie and greater confidence in the basis for our decisions,” he said.

Meanwhile, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, described digital connectivity as economic infrastructure critical to trade, investment and national development.

Oduwole disclosed that the telecommunications sector accounted for more than nine per cent of Nigeria’s Gross Domestic Product in the first quarter of 2026.

She added that mobile technologies and services contributed about $240bn to Africa’s economy in 2025, underscoring the growing economic significance of digital infrastructure across the continent.

The minister also revealed that Nigeria currently has more than 25 data centres either operational or under construction.

She identified data centres, cloud services, fibre infrastructure, broadband, fintech, cybersecurity, artificial intelligence and digital logistics as areas with significant investment opportunities.

“For investors, the message is straightforward: Nigeria is not approaching digital connectivity simply as a social infrastructure requirement. It is an investable economic opportunity,” Oduwole said.

She, however, stressed the need for policy predictability and stronger regulatory coordination to attract and sustain investment in the sector.

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