NCC Debunks Allegation of Extending 5G Deadline When Only MTN Submitted Bid

The Nigerian Communications Commission (NCC), in the course its routine media review, became aware of the front-page headline of the BusinessDay newspaper of Thursday, December 2, 2021 with the title “How NCC moved 5G deadline after only MTN submitted bid.”
The publication alleged that “the Commission was forced to move the November 24 deadline for the submission of the bid and payment of the ten percent fee of $20 million after it emerged that only MTN Nigeria had complied with the requirement.”
It is pertinent to state that the Nigerian Communications Commission maintains an unimpeachable record and reputation based on precedents of open and transparent spectrum auctions over the years, which had earned it both local and international recognition.
For proper guidance of our stakeholders and the general public, it should be recalled that as part of the regulatory processes leading to the auction of the 3.5GHz spectrum, the Commission had carried out the following activities:
▪ October 7, 2021, the Commission exposed the Draft Information Memorandum (IM) on the auction of the 5G spectrum on its website (www.ncc.gov.ng) and issued a public notice in major media channels, including print, electronic and broadcast media. Comments on the draft IM were received by the Commission up until October 28, 2021.

▪ On November 3, 2021, the Commission held a stakeholders’ engagement forum in Lagos at which comments received from a broad segment of stakeholders, including the major operators were exhaustively discussed and considered.

▪ On November 10, 2021, the Commission published the Final IM, and Stakeholders’ comments thereon on its website and national dailies, and set the deadline for the submission of bids on Wednesday, November 24, 2021.

▪ On November 23, 2021, just a day before the deadline for the submission of bids, Air Traffic Controllers went on strike, disrupting flights operations in Lagos.

▪ As a responsive regulator, and following concerns expressed by industry stakeholders and potential bidders for the 5G Spectrum, including MTN, about the possibility of meeting the deadline in light of the flight disruptions, the Commission, relying on the provision of the IM, announced an extension of the deadline from Wednesday, November 24, 2021 to Monday, November 29, 2021.

▪ Indeed, on November 23, 2021, MTN had communicated to the Commission via email, asserting its concerns about the air traffic controllers’ strike and how it is likely to impede timely submission of their bid.

▪ On December 1, 2021, the Commission announced that at the close of the bid submission date of November 29, 2021, three companies, namely MTN Nigeria, Mafab Communications Ltd and Airtel Networks Ltd had successfully submitted their bids in line with the requirements of the IM.

▪ The public must also be aware that all three bidders are existing licensees of the Commission under different license categories.

The Commission would like to state that the Business Day story is replete with misinformation, which is capable of misleading industry stakeholders, the general public and undermining the integrity of the ongoing process for the auction of the 5G spectrum.
For instance, the publication alleged that Mafab Communications is a relatively unknown operator in the industry, suggesting that it was not eligible to bid for the spectrum. The IM has clearly stipulated that new entrants into the industry can participate in the bid and if they are successful, the Commission will issue the entity an operating license in line with the extant provisions of the Nigerian Communications Act (NCA) 2003 and its licensing regulations.
The Commission is consistently guided by its well-established principles of fairness, firmness and forthrightness and wishes to assure Nigerians that it is determined to ensure the successful implementation of the 5G Auction spectrum, which is set to take place on December 13, 2021.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Tinubu’s Biggest Opponent is Not Obi or Atiku… It’s Tinubu

  By Moses Braimah "A government that spends more time explaining...

NHIA: 22m Nigerians Embrace Mandatory Health Insurance as Momentum Rises

The National Health Insurance Authority (NHIA) has announced significant...

Warrior Mums Global to Host Inaugural Warrior Mums Conference 2026 in Lagos

  Empowering Mothers to Raise Leaders, Nation Builders and...

NLNG Wins Operational Excellence Award at NOG Energy Week 2026

NLNG Managing Director, Adeleye Falade (centre), flanked by Deputy...

Polo Avenue Invites Lagos to Its Exclusive 2026 Sample Sale

Polo Avenue, Nigeria's premier luxury fashion destination, is set...

Topics

‘Enabling Digitally-led Trade Growth is a Key Opportunity’—Standard Bank

  Vinod Madhavan Head of Trade Standard Bank The Covid-19 outbreak is set...

NSIA Group Acquires 4 Insurance Subsidiaries of SANLAM Group

Mr. Moruf Apampa Managing Director/CEO NSIA Insurance Limited NSIA Group to which...

OPEC to Unveil World Oil Outlook at ADIPEC Oct 31

The 2022 OPEC World Oil Outlook (WOO) will be...

Sovereign Trust Insurance Reports N5.3bn Premium in Qtr 1, 2021

 Mr. Olaotan Soyinka Managing Director/CEO Sovereign Trust Insurance Plc Sovereign Trust Insurance...

CBN Defends Forex Ban Policy

Mr. Moses Tule, Director of Monetary Policy, Central Bank of Nigeria (CBN) has stoutly defended the recent restrictions placed on forex by the apex bank, saying it is a move to stem gradual erosion of value of the Naira. The CBN had placed a ban on importers of certain commodities from accessing foreign exchange from the forex window. Tule was a guest speaker at a Forum organised by the Lagos Chamber of Commerce and Industry (LCCI) that sought to bring together the regulator and the private sector to discuss urgent and topical issues that have implications for the economy.

Great Nigeria Insurance Reports N501m Claims Payment in 1st Qtr 2021

Cecilia Osipitan Managing Director/CEO Great Nigeria Insurance Plc Great Nigeria Insurance Plc...

Moghalu, Ex-CBN Chief to Deliver 2018 Bullion Lecture

Professor Kingsley Chiedu Moghalu, former Deputy Governor, Central Bank...

Lagos IVF Public Forum Holds March 12

The Lagos IVF Public Forum is a one-day event...
spot_img

Related Articles

Popular Categories

spot_imgspot_img