The Nigerian Communications Commission (NCC) has revealed that subscribers to mobile telecommunications services in Nigeria spent about N767.23bn on airtime purchase between November 2018 and January 2019,

The figure is derived from the number of subscribers in the three months under review obtained from the NCC, and the industry’s Average Revenue Per User provided by network operators.

It was gathered that, in November 2018, the monthly subscriber data from NCC showed that there were 168.73 million active GSM subscribers from MTN, Globacom, Airtel and 9mobile.

In December, the number of active subscribers rose to 172. 63 million while in January 2019, the country had 173.63 million active GSM users.

With the telecommunications companies’ ARPU amounting to $4.87 (N1490.22) per month, Nigerians spent N251.44bn on airtime in November 2018. Based on the same estimated monthly revenue per user in the industry, expenses on airtime purchase increased by two per cent to reach N257.04bn in December 2018.

Also, in January this year, about N258.74bn was expended by active Nigerian subscribers on airtime, giving a total of N767.23bn in the three months under review.

The data indicates that sales of airtime remain the core revenue earner for telcos and generate income for operators via voice calls, SMS, data subscriptions and value-added services.

It will be noted that Nigerians buy airtime through various platforms such as physical recharge card, the virtual top-up via USSD code, subscribers’ bank accounts domiciled on mobile devices, vending on web-based platforms and on Automated Teller Machines.

The rise in airtime revenue has out to rest worries and predictions by analysts that voice and messaging revenue would decline due to the proliferation of instant messaging apps.



Source: https://www.herald.ng/nigerians-spend-n767-23bn-on-calls-data-sms-in-three-months-report/

That's how we've been spending it.

Underestimate

Wire wire, dating, blogging, volgging, slay queens and kings contributes a higher percentage of it

Wow

& 70% of those calls and data wasted are from the lazy Nigerian youths.

Epic

I am very guilty of spending lots of money on airtime.


In fact I spend 70% of my salary on airtime.

We dey try

This is MASSIVE!!!

767 BILLION NAIRA in just 3 months, not 3 years!

And they are shouting 'no money, no money in Nigeria'!!

Issokay, Money is coming!!

TeamSimple:
Money Dey this country I swear

You can say that again!

Money Dey this country I swear

Oboy!

Data... Yes
Calls .. Mayb
SMS... Na scammers dey use am pass

ignis:
I am very guilty of spending lots of money on airtime.
In fact I spend 70% of my salary on airtime.

Is that possible sis?
Food nko?!
Housing?
Health care.
Clothes.
Personal care products and service.
Transportation etc?
Entertainment: some barbecue, Nkwobi, Peppersoup and wine once in a while!

loveth360:
If not my sweetheart who know how much i will be spending on data.

Awwww!
Lucky you.
God will continue to bless your sweetheart o!
That is cute!

People spend more on data than they do on food

Uncle... Instead of giving her 20k to buy ordinary wig to that thoughtless brain. Help her buy cartoons of Indomie and 4 crates of Egg with a little stove. Let her start MAI SHAI business. We're tired of all this lazy girls with Big God. ��� ���

still the telecom will tell you they are not making money.
the more reason adenuga and Co. will keep getting richer per second billings and many Nigerians will get poorer per second billings.
miscellaneous and sundries expenses are the real killers of the masses.

Plz check again....
If I should spend close to 10k for data alone in 3mnths

Over 1m people spend more than that

Just check d calculation again

If no be data I for don buy Benz

Who say there is no money in this nation, should rethink

How

#RealEstate# #Building# #Land# #Comfort# #Health# #Wealth# #Cashready#

That's why most telecommunication owners are multi billionaires.

ignis:
I am very guilty of spending lots of money on airtime.


In fact I spend 70% of my salary on airtime.

that means u DNT eat, or buy any clothes for urself, or spend on girls, or give tithe, or ur parents, or ur siblings or transport urself anywhere including ur place of work, or maybe fuel ur car
big bro with due respect reduce ur percentage

lalasticlala wastes all the money seun gives him on snakes ���������

Too much money. By this rate, you will know what the end of the year will be.




Do you need a negotiable brand new laptop? Check my signature and profile for link.

[quote author= post=77051620]
Is that possible sis.
Food nko?!
Housing?
Health care.
Clothes.
Personal care products and service.
Transportation etc?
Entertainment: some barbecue, Nkwobi, Peppersoup and wine once in a while!
[/qu

Some people handle that.

am planning to stop subscription this month, since I can use free basics to access nairaland to get news
at least maybe d figure may reduce

Nigerians spend a fortune daily on these telecoms operators. Yet their services are rubbish. Who is holding them accountable?

If not my sweetheart who know how much i will be spending on data.

This is massive.
Now I see why fake news has on the rise.

You need powerbank? Holla

Senatorlatido:
some people handle that

The question was not for you sir!