Saturday, May 16, 2026
35 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

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Understanding Why Corporates Need Credit Rating

In today’s dynamic financial landscape, silence leaves room for...

Distinguished Industry Veteran, Olusola Teniola, to Chair NDSF 2026

The organising committee of the 2026 Nigeria DigitalSENSE Forum...

The Nigeria Prize for Science & Innovation Hits New Peak as 2026 Edition Attracts 237 Entries

The 2026 edition of The Nigeria Prize for Science...

Heirs Insurance Group Named among Africa’s Fastest-Growing Companies in Financial Times Ranking

Heirs Insurance Group has achieved a landmark double recognition,...

Topics

‘Aviation Can Drive Economic Growth via Govt Support’

The International Air Transport Association (IATA) urged governments to...

PenCom: States Should Implement CPS for Pension-secure Nigeria

The National Pension Commission (PenCom) has called on all...

AERC Sets Agenda for Tackling Nutrition, Food Challenges in Africa

  (L-R) Prof. Njuguna Ndung’u, Executive Director, African Economic Research...

AMCON, ESVARBON Partner on Sale of Assets

The Managing Director/Chief Executive Officer, Asset Management Corporation of...

Stanbic IBTC Insurance Unveils Manifold Endowment Plan to Stakeholders at Media Engagement

L-R: Akinjide Orimolade, Chief Executive, Stanbic IBTC Insurance; Wole...

DRONES: $100bn GDP Boost, 5m Job Opportunities in India-WEF

Putting drones at the centre of a technology-led transformation...

IPEN Visits LCCI for Strategic Partnership

From left: Head, Corporate Communications, Lagos Chamber of Commerce...
spot_img

Related Articles

Popular Categories

spot_imgspot_img