Buhari says Telecommunication earned 10% of Nigeia's GDP in H1

Nigeria's Presiden, Muhammadu Buhari says the telecommunications sector has contributed 10 percent to Nigeria’s Gross Domestic Product (GDP) in the first quarter of 2019. Buhari the comment at the 2019 Conference of African Telecommunications Regulators on Consumer Affairs (CATCO) taking place in Abuja. He advised the telecommunications industry to play bigger roles in economic growth and development in Africa. On its part, the continental body wants to examine how telecoms regulators can empower the consumers in this era of technological evolution. A follow up on the maiden edition of 2013 where telecoms regulators discussed how to harness regulatory policies to protect telecom consumers in Africa. During the summit, a 17-point resolution was reached on various approaches African regulators can deploy to safeguard and protect telecom consumers. It revealed that during a six-year hiatus, the advancement in technologies has thrown up issues on the need for regulators to strengthen necessary regulatory valves towards safeguarding the interest of consumers of digital tools and services.