Wednesday, July 2, 2025
26.6 C
Lagos

NCC: Nigeria Achieves 14% Broadband Penetration

The Nigerian Communications Commission [NCC] says Nigeria has achieved Broadband penetration of 14 percent at present and is convinced that the anticipated 30 percent penetration by 2018 is also achievable.

Professor Umar Danbatta, Executive Vice-Chairman of NCC said at a Stakeholders Forum for ITU Telecom World 2016 in Lagos yesterday that Nigeria has also crossed the 100 percent threshold thirst for Internet services. The ITU Telecom World is set for November 14-17, 2016 in Bangkok, Thailand.

He said the Commission has made spirited efforts to raise the level of Broadband penetration in the country since the National Broadband Plan [NBP] was launched by the Federal Government. He added that part of Nigeria’s tech at the Telecom World event is the revolution brewing in the area of Broadband in Nigeria.

“Nigeria is a Broadband developing nation. We belong to that part of the world where Broadband penetration is very low. We must embrace the new digital divide or lag behind. This new digital divide is between developed Broadband nations and those like Nigeria. There is need for more investments and partnerships as no government can do it alone. We need Public-Private Partnership to woo investors.”

The NCC EVC said the ICT sector has attracted over $35 billion in Foreign Direct Investment [FDI] and local investments to underline the success story of the sector over the years.

“The ICT sector has recorded very significant growth in the last 15 years, when we moved from a little below 500, 000 active lines to the current 157 million and surpassed the 100 percent threshold for teledensity [107%]; Internet connectivity climbed up from 50, 000 in 2001 to its current 97 million. Our success story is very long but we as regulators are not resting on our oars believing that we are already there.”

He said the forum is to re strategise on how to attract more meaningful investments into the country.

“We are here to fine-tune our story about the growth and attraction of our sector. We are here to think of ways to convince would-be investors on the potential and capacity of our country. We are here to agree on the future growth of the telecom industry.”

The theme of Nigeria’s participation at the Telecom World 2016 is: ‘Smart Communities: The Key to a Digital Nigeria.’

spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Bank Nigeria PMI: Output Growth Slows but Business Confidence Rises Sharply

The Nigerian private sector remained in growth territory as...

NIA: Insurance Week Designed to Boost Industry Awareness in Nigeria

Mr. Kunle Ahmed Chairman Nigerian Insurers Association (NIA) The Nigerian Insurers Association...

NAICOM Chief: The Future of Nigeria Depends on How We Manage Risks

Keynote Address by Mr. Olusegun Ayo Omosehin, Commissioner for...

SEC Canvasses Advanced Financial Inclusion by 2030

The Securities and Exchange Commission (SEC) has stressed the...

NCDMB to Champion “Nigeria First” Policy in Oil and Gas Sector

The Nigerian Content Development and Monitoring Board (NCDMB) has...

Topics

NAIC Paid N848m Claims to Farmers in 2020

Folashade Joseph Managing Director/CEO Nigerian Agricultural Insurance Corporation The Nigerian Agricultural Insurance...

‘Nigeria Lacks Total Internet Freedom’- Freedom House

Kenya and South Africa are the only African nations...

Allianz Nigeria Delivers on 60 Minutes Motor Claims Settlement

  Allianz Nigeria makes good her promise to settle motor...

Almond Productions Unveils 2017 Insurance Consumers Forum

Almond Productions Limited has announced October 25 as the...

CIIN: 7 Fellows, 245 Associates Inducted, 10 Graduands from Cameroon, Rwanda, The Gambia

Mrs. Joyce Odiachi, Head, Technical Division, Fin Insurance Limited...

Nigeria Missing in Top 10 African ICT Ranking

In its 2016 global report on information technologies entitled...

Africa, ME Wearables Market Grow 66% in 2nd Qtr

The Middle East and Africa (MEA) wearables growth story...
spot_img

Related Articles

Popular Categories

spot_imgspot_img