ALTON: NBS data undercounts telecom investment

Author: Progress GodfreyPublished on: June 8, 2026Country: Nigeria

Business & EconomyTechnology

ALTON: NBS data undercounts telecom investment

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) argues that the National Bureau of Statistics (NBS) Capital Importation Report for Q1 2026 does not fully reflect telecom investment. ALTON notes the NBS report recorded $7.24 million in capital importation for Q1 2026, compared to $80.78 million in Q1 2025. Operators project capital expenditure of about N1.86 trillion in 2026 to expand network infrastructure. ALTON calls for closer collaboration among the NCC, NBS, and CBN to capture both domestic and foreign investments.

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