The Federal Government has generated the sum of $547 million through 5G spectrum auctions so far this year.
This was disclosed by President Muhammadu Buhari on Tuesday at the opening of the National Shared Services Centre, a one-stop-shop for Ministries, Departments and Agencies (MDAs) interface with citizens, which also houses a Cyber Security Operations Centre, Network Centre and Call Centre in Abuja.
He also noted that Nigeria’s I.T. industry has contributed positively to the growth of the economy, with its 18.47% contribution to the country’s GDP.
He said, his administration has also contributed to the growth of the sector, through certain policies including the suspension of excise duty in telecoms.