Meta contributes $820m to Nigerian economy annually, expand businesses customer base – Report
From left: Dr. Beluchi Nwanisobi, Deputy Director, Digital Economy Department, NCC, representing, Dr. Aminu Maida, The Executive Vice Chairman (EVC) and CEO of the Nigerian Communications Commission (NCC); Charles Odii, Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN); Kojo Boakye, Vice President, Public Policy, Africa, Middle East and Turkiye, Meta; Dr. Bosun Tijani, Minister, Federal Ministry of Communications, Innovation and Digital Economy; Sade Dada, Head of Public Policy, Anglophone West Africa, Meta; Kashifu Inuwa Abdullahi, Director-General and CEO of the National Information Technology Development Agency (NITDA), at the launch of the Nigeria’s Digital Economy report hosted by Meta which held Thursday in Abuja.
Omeiza Bilal
Nigerian businesses surveyed say Meta’s platforms have expanded their customer reach, according to new independent research that finds Meta is contributing an estimated $820 million in annual economic value to Nigeria — with AI adoption set to add $22 billion to GDP by 2035.
The “Nigeria’s Digital Economy” report, conducted by independent research firm Public First, finds that under the right conditions this figure could grow to $2 billion as digital adoption deepens — with Meta’s platforms functioning as essential digital infrastructure connecting Nigerian entrepreneurs to customers, markets, and new economic opportunity.
The findings reveal that 14 million Nigerian SMEs used Meta’s apps — Facebook, Instagram, WhatsApp, Messenger, Meta AI, and Threads — to start and grow their businesses in 2025, contributing $2 billion to Nigeria’s GDP and delivering an estimated $640 million in productivity gains through more efficient instant messaging.
WhatsApp is Nigeria’s gateway to AI
WhatsApp is playing a central role in connecting Nigerians to AI and new economic opportunities across the region. The platform serves as Nigerians’ primary AI surface — reflecting the wider regional pattern where 93% of Meta AI prompts in Sub-Saharan Africa are made via WhatsApp — demonstrating how AI adoption in Nigeria is happening through the tools people already use every day.
Balkissa Ide Siddo, Director of Public Policy, Sub-Saharan Africa at Meta, said: “Nigeria is one of the most dynamic, entrepreneurial and digitally engaged markets in the world — and this research makes clear the scale of what is possible when Nigerian ambition meets the right digital tools. From a tailor in Lagos reaching customers across the country through Instagram, to a small business owner in Kano taking orders on WhatsApp, to a creator in Abuja building a global audience on Facebook — Meta’s platforms are removing the traditional barriers to growth and unlocking real economic opportunity.
The fact that 80% of Nigerians say access to reliable internet has improved compared to a decade ago speaks to the progress already made and with continued investment in connectivity, smart policy that supports innovation, and the rise of open-source AI built for and by Africans, Nigeria is exceptionally well positioned to lead the continent’s next decade of digital growth. We are proud to be a long-term partner in that journey.”
AI and Nigeria’s next growth frontier
The research highlights the transformative potential of artificial intelligence for Nigeria’s economy and innovation ecosystem: AI could add $22 billion to Nigeria’s GDP by 2035 with the right combination of investment, policy and innovation; 87% of online Nigerians say AI products developed within Africa will be important for the continent’s economic growth; Open-source AI gives Nigerian developers, businesses and creators the opportunity to build solutions in local languages, for local needs.
SMEs are reaching new customers across Nigeria
For Nigerian small businesses, Meta’s platforms have become a primary sales and discovery channel. 81% of online businesses surveyed said Facebook, Instagram, and WhatsApp have expanded their customer base beyond their local geography — reducing customer acquisition costs and giving a business in Kano access to the same advertising and commerce tools available to businesses in Lagos, London or New York.
93% of online adults say they feel more connected to a wider community through Meta’s family of apps, reflecting how deeply these platforms are woven into everyday life, commerce and community in Nigeria.
Alison Neyle, Director at Public First, said: “Nigeria’s digital transformation is creating new opportunities for businesses, creators and consumers alike. The findings show that Meta’s platforms are helping Nigerian firms grow across formal and informal sectors, supporting entrepreneurship and strengthening participation in one of the world’s most rapidly expanding digital economies. With the right combination of infrastructure, platform access and open-source AI, the upside for Nigeria is significant.”
