Press "Enter" to skip to content

Despite the economic recession, Nigerians spent N3.208 trillion on Airtime in 2017

Despite the hardship which started in 2016 to 2017, Nigerians still spent an estimated amount of N3.208 trillion on airtime credit to access voice and data services on their mobile phone across all mobile network operators (MNOs). Meanwhile, it was N2.8 trillion and N3.3 trillion respectively in 2015 and 2016.

It was gathered that the airtime credits were purchased across different platforms such as recharge cards, ATMs, Vending on web-based platforms, VTU – Virtual top-up and subscribers’ bank accounts domiciled on their mobile devices.

The estimated airtime spending and telcos and subscribers respectively, was arrived by using the monthly active subscriber base for the 12-month period and the Average Revenue Per User (ARPU) data in the nation’s telecoms industry.

However, there were decline in subscriber spending between 2016 and 2017, this made the NCC announced that they are losing substantial amount to OTT platforms such as Facebook call, WhatsApp, Skype, BBM, Viber, among others.

He said that the more users use OTT platforms like WhatsApp and others to make calls, the more they lose revenue to OTT platforms. Surely, users dropped from 150 million to 140 million as at last October, representing a loss of 15 million subscribers.

He added that the more subscribers make use of OTT platforms to make cheaper calls, the more they lose revenue. Nevertheless, Telecoms operators in Nigeria have called on NCC to regulate OTT but the regulator has said it does not regulate technology, but charged operators to be innovative.

How much do you spend on airtime monthly?

4 Comments

  1. Ayo ade Ayo ade February 19, 2018

    Sadly no subsidy or good network afterwards. Lord help us

  2. Harun Khalid Adeiza Harun Khalid Adeiza February 20, 2018

    Wow! Are you kidding me! It’s unbelievable, thousands of trillion.. God bless Nigeria be that o.. But the federal government are not making it easy to us.. May God help us through.

  3. Haruna Mustorpha Haruna Mustorpha February 20, 2018

    That’s incredible news! But there have not been any good network. And their have not been any network to provide any freebies for us.. May God help us.

Leave a Reply

Is it helpful?Be the first to comment because your comments are highly welcomed and appreciated to this article. Do not forget to share with your friends, families and on social media like Facebook, Twitter, Linkindin and others.

Your email address will not be published. Required fields are marked *