Over 10 million smart devices worth $1billion (N167bn) were sold in Nigeria in 2013, Technology Distributions (TD) has said.
Disclosing this yesterday after the company’s meeting with its partners in Abuja, TD’s Chief Executive Officer, Mrs Chiomah Ekeh, said the figures were obtained from a research conducted by one of the Original Equipment Manufacturers (OEMs), adding that the figure would have been higher if the number of tablets sold had been included.
She also said the figures would likely triple in the coming years if the broadband initiative being spearheaded by the federal government is concluded.
She added that many OEMs see Nigeria as a “very big market” whose depth might not be exhausted by them.
“This is also what we at TD are capitalising on,” she said, adding “we are doing our very best to come up with highly innovative products from the best OEMs to our partners across Nigeria.”
But she said lack of stable electricity is affecting volumes of smart devices sales.
She advocated for Public Private Partnership (PPP) initiative to bring down the prices of smart devices.