Tuesday, April 14, 2026
33.4 C
Lagos

NCC Plans Stakeholder Engagement on 5G in Lagos Nov 4

As part of activities lined up for the implementation of the Fifth Generation (5G) Technology Deployment Plan in the country, the Nigerian Communications Commission (NCC) is set to host a stakeholder engagement forum this week.
The forum will afford industry stakeholders the opportunity to discuss the draft Information Memorandum (IM) for the upcoming auction of the 3.5 gigahertz (GHz) spectrum band.
Scheduled to hold at the Lagos Marriot Hotel, Ikeja, Lagos, Thursday, November 4, 2021 at 10:00 am prompt, the Commission has confirmed that the attendance at the event is open to all interested stakeholders in the telecoms sector and beyond.
The decision to host the stakeholder engagement is in keeping with the provisions of the Nigerian Communications Act (NCA) 2003 and NCC’s distinctive tradition of robust stakeholder consultation on all telecom regulation-related issues.
In June, the Commission inaugurated a committee to develop the IM for the auction of 3.5 GHz spectrum band, which will be utilized for early deployment of 5G technology services in the country.
The Information Memorandum (IM) is a comprehensive document, which defines the process emplaned by the Commission for the auctioning of the 3.5GHz spectrum band. It also provides information on the Nigerian telecommunications market, details of the spectrum to be made available, the pre-qualification process, the auction process as well as the indicative timetable.
The stakeholder engagement forum is, therefore, an important regulatory prerequisite for the planned auction of 3.5Ghz spectrum before the end of this year.
Accordingly, the Commissions has called on interested stakeholders and members of public to participate and make contributions to discussions around this important draft document.
In line with the objectives of the National Digital Economy Policy and Strategy (NDEPS) for a Digital Nigeria, and the positioning of Nigeria as an early adopter of digital technology as well as a major participant in the growing global digital economy, the successful and timely deployment of 5G is crucial for the country.
The 5G technology is expected to facilitate several emerging technologies, generate innovate new use cases, spur significant socio-economic growth and create jobs.

spot_img
spot_img
spot_img

Hot this week

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Stanbic IBTC Bank Sponsors 2026 Lagos Polo Easter Tournament

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings,...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

NAICOM Pledges Commitment to Labour Standards, Staff Welfare

The National Insurance Commission (NAICOM) reaffirms its strong commitment...

Topics

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Nigeria Abolishes Capital Levels for Insurance Firms

The National Insurance Commission and operators have jointly...

Leadway Advocates for Public Safety as Nigerians Embrace the New Year

As Nigerians usher in the New Year with celebrations...

NAICOM, Katsina State Partner on Takaful Insurance

The National Insurance Commission (NAICOM) has kick-started a sensitisation...

CIIN Unveils Insurance Broking Book to Spur Professionalism

Mr. Edwin Igbiti President/Chairman of Council Chartered Insurance Institute of Nigeria...

Sterling Bank Partners NJFP to Sponsor Training of 1,000 Fellows

Sterling Bank Plc has partnered with Nigeria Jubilee Fellows...

Rand Merchant Bank Seeks Public Education on Financial Inclusion

The Chief Operating Officer of Rand Merchant Bank Nigeria...

$3tr Emerging Markets Debt Threatens Global Economy

The International Monetary Fund (IMF) says emerging markets have over-borrowed over $3 trillion in debt, thus posing the greatest risks to the global economy amid a fifth straight year of slowing growth. "We estimate that there is up to $3 trillion in over-borrowing in emerging markets," Jose Vinals, a top IMF official, said in presenting the body's Global Financial Stability report at its Annual Meetings in Lima, Peru.
spot_img

Related Articles

Popular Categories

spot_imgspot_img