Jumia Nigeria Report Predicts Broadband Penetration Will Rise To 55% By 2025

The “Nigeria Mobile Report 2019” that was released at the weekend by Jumia Nigeria has stated that the country’s mobile broadband penetration is forecast to increase to 55 percent of its population by the end of 2025.

Presenting the report, Omolola Onasanya, Jumia Nigeria’s head of Vendor Operations and Experience, said that Nigeria’s telecommunications and Information Services, a sub-division of the Information Communications Technology, is responsible for 77% of the whole sector’s contribution to the state’s GDP.

Onasanya said that Nigeria’s mobile broadband penetration is expected to rise to 55% of the population by 2025, with approximately 70% having access to 3G connectivity and 17% using 4G networks.

5G network will be rolled out in the country by 2020.

The report released by Nigeria’s leading e-commerce firm, Jumia, also predicts that the total number of mobile subscribers in Nigeria may rise to more than 201 million by 2025.

Stanislaus Martins, Jumia’s Head of Growth and Partnership, said that there were more than 172 million mobile subscribers in Nigeria, contributing to a penetration rate of 87% of the nation’s population.

Daily Trust reported that the Nigerian Communication Commission (NCC) recently issued a report stating that Nigeria has 114,725,357 mobile (GSM) internet data subscribers through the four major mobile telecommunication companies Airtel, Globacom, MTN Nigeria and 9mobile as at February 28, 2019.

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