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Nigeria Spends About $2.3 Billion on Phone Importation from China in Three Years.

Nigeria Spends About $2.3 Billion on Phone Importation from China in Three Years.

The International Trade Centre data has reported that Nigeria has spent a total of $2.35 billion on importing telephones within three years.

The data revealed that the country spent approximately $807.95 million on phone set imports in 2019, approximately $765.57 million in 2020, and approximately $772.25 million in 2021.

The imported telephone sets consisted of cell phones, facsimile (fax) machines for landline telephones, teleprinters, telephone set parts, and others.

The statistics additionally revealed that the majority of phone sets being imported into the country were from China i.e., $1.71 billion at the time of inspection.

Nigeria likewise, imports from different nations like Hong Kong, Sweden, the United States, Netherlands, Vietnam, Mexico, and several others. It was recently revealed by the Nigerian Communication Commission -NCC, that approximately 63 million technology devices were sold in Nigeria every year, according to data from Original Equipment Manufacturers.

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The communications commission further confirmed that there were about 132 million one-of-a-kind devices on the nation’s telecommunication network as of 2020 with the average owner changing a device every six months.

According to Counterpoint Research’s Global Monthly Handset Sales Tracker, the annual smartphone sales in Nigeria skyrocketed by 81 percent year on year in 2021. The Nigerian phone sphere is commanded by foreign players such as Tecno, Samsung, and Itel which are all China phones.

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