ALTON: NBS data undercounts telecom investment

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has challenged the accuracy of recent government data regarding investment in the telecommunications sector. ALTON asserts that the National Bureau of Statistics' (NBS) Capital Importation Report for the first quarter of 2026 fails to capture the true extent of investment within the industry.

In a statement signed by its Chairman, Gbenga Adebayo, ALTON argued that the NBS report does not fully reflect the level of capital flowing into the telecommunications sector. This discrepancy suggests that the official figures may present a misleading picture of the industry's financial health and growth.

The association's stance implies that actual investments in telecommunications infrastructure and services are higher than what the NBS report indicates. ALTON's position underscores the importance of accurate data for understanding and fostering growth in critical sectors like telecommunications, which are vital for Nigeria's economic development.

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The National Bureau of Statistics (NBS) Capital Importation Report for the first quarter of 2026 does not fully reflect the level of investment in the telecommunications sector.