The amount of money Nigerians spend every month to recharge their mobile lines has increased from N212 billion exactly a year ago to N267.8 billion this year, despite the challenges facing the economy, LEADERSHIP investigations have revealed.
The findings also revealed an increase of 2.8 million phone users within the corresponding period, from 146 million last year to 148.8 million mobile lines across all telecommunication networks in the country.
This is largely due to the increase in the number of registered phone users as well as the devaluation of the naira which has increased the cost of expenditure by phone subscribers.
The figures were arrived at using the Average Revenue Per User (ARPU), a telecommunications benchmark that measures the average monthly revenue generated by operators from telecoms subscribers in the country and the current active lines on the networks of all the telecommunication companies.
According to the latest subscriber statistics released by the Nigerian Communications Commission (NCC), last week, the monthly subscriber base went up from 147,568,310 in April to 148,848,158 in May, showing a subscriber growth of 1,279, 848 million within the period.
Using the current $6 ARPU spent by subscribers which is equal to the official exchange rate of N310 to a $1, Nigerian mobile subscribers spend on average N1,860 to recharge their mobile phones monthly. This amounts to N267, 857, 573, 880 billion for 148,848,158 million mobile subscribers.
According to NCC’s latest statistics, Nigeria’s teledensity has also gone up from 105.41 per cent in April to 106.32 per cent in May 2016, showing an increase of .91 per cent.
LEADERSHIP learnt that the number of registered lines could have risen to over 160 million but for the deactivation of unregistered subscribers by MTN, Airtel, Globacom and Etisalat in order to curtail criminal activities.