Lagos, Nigeria – The Nigerian Communications Commission (NCC) recently met with key players in the telecom industry to discuss ways to improve regulation and create a more business-friendly environment. The meeting aimed to address current challenges in the sector and find new strategies to ensure the industry’s growth and stability.
The summit, themed “The Future of Telecom Regulation in Nigeria,” gave the NCC a chance to hear directly from stakeholders. According to NCC’s Executive Vice Chairman, Prof. Umar Danbatta, the goal is to develop forward-thinking regulations that will help the telecom sector grow and thrive.
Danbatta highlighted how the COVID-19 pandemic showed the importance of digital connectivity in keeping the world running. With more people relying on online services, there’s a need for stronger regulations to protect and enhance the telecom industry in Nigeria’s growing digital economy.
He also pointed to several key initiatives the NCC is pursuing, such as the Nigeria National Broadband Plan (NNBP) 2020-2025 and the National Digital Economy Policy and Strategy (NDEPS) 2020-2030. These frameworks aim to boost innovation and help Nigeria compete globally.
The expansion of digital services, especially in fintech and e-commerce, is already transforming the industry. Danbatta said that the upcoming rollout of 5G technology will further enhance this, providing faster, more reliable services for consumers.
“The successful auction of 3.5GHz spectrum licenses for 5G in late 2021 is a major step forward. As a regulator, we understand that flexible and dynamic policies are essential to keep the industry growing,” Danbatta said.
The NCC remains committed to working with stakeholders to create a stable and innovative telecom environment that benefits both businesses and consumers.