Thursday, November 13, 2025
25 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

COP30: Green Digital Action Hub to Accelerate Innovation for a Sustainable Future

A coalition of international partners announced the creation of...

FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance...

Polaris Bank Wins MSME Digital Bank of the Year Award for Inclusive Growth

L-R: Ladi Ene Garba, Head, Commercial Banking, Polaris Bank;...

Fidelity Bank Extends Lifeline to Makoko Community

L-R: Proprietor, Part of Solution School, Makoko, Prince Shemede...

Financing: Challenges Businesses Face During Credit Risk Assessment

By Abimbola Adegbite In a developing economy such as Nigeria,...

Topics

Post –COVID-19: Ecobank Nigeria Holds Virtual Graduation Ceremony for Trainees

  57 trainees, who represent batch seven set of graduates...

Women Entrepreneurs in Nigeria to Benefit from Directory of Business Support Organisations

Segun Awolowo Executive Secretary/CEO Nigerian Export Promotion Council (NEPC) A significant barrier...

Is EPE a Good Location to Buy Land?

By Dennis Isong For a long time, buying and selling...

$1tn Economy: Experts to Discuss Insurance, Pension Impact at NAIPE Confab

The Nigerian Association of Insurance and Pension Editors (NAIPE)...

Law Union & Rock Reports N3.5bn Premium in 9 Months

Harvest of Awards: L-R: Mr. Olayiwola Olabisi, Chief Financial Officer;...

Mobile Broadband to Reach 4.3bn Globally in 2017

The new 2017 edition of ITU’s ICT Facts and Figures reveals...

Rand Merchant Bank Facilitates Landmark Corporate Bond Issuance for Presco

L-R: Olaronke Arigbede, Group Treasurer, SIAT Group, Felix Nwabuko,...

Bargain Hunting in Bellwethers Drives Positive Performance… NSE ASI up 33bps

Following a 6-day decline in market performance, bargain hunting...
spot_img

Related Articles

Popular Categories

spot_imgspot_img