Friday, November 28, 2025
25.7 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

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

NNPC Declares ₦5.4tn Profit After Tax

NNPC Limited has announced its financial performance for the...

Stanbic IBTC Unveils Digital Lending Suite to Enhance Access to Credit

Stanbic IBTC Bank, a member of Standard Bank Group,...

Ecobank Unveils SME Bazaar: A Festive Marketplace for Local Entrepreneurs

Ecobank Nigeria, a member of Africa’s leading pan-African banking...

Nuclear is Critical in Nigeria’s ESG Transition

Nigeria is entering a period of profound demographic and...

Topics

Aliko Dangote & Arsenal FC: The 30-Year Love Affair!

Aliko Dangote, Africa's richest man, and President/CEO of the Dangote Group in passionately in Love! It is a love affair that spans over 30 years and is looking set to transform from mere relationship to something much more serious-marriage. Recent media reports have it on good authority that Dangote is set to bid for Arsenal FC, a club he has ardently supported and loved passionately for over 30 years. Listed by Forbes magazine as the 67th richest person in the world with net worth of over $17 billion, Dangote’s business interest spans from cement to various household products.

Africa’s Reinsurers Concerned about Lower Profitability, Uncertain Economic Outlook

The mood among Africa’s reinsurance executives has become more...

24th CRMI Int Confab: Shettima, Ugwuoke, Cardoso, Edun, Push for Home-Grown Risk Solutions

L-R: Registrar/CEO, Chartered Risk Management Institute of Nigeria (CRMI),...

CBN: Banks Must Resolve USSD Disputes in 3 Days

The Central Bank of Nigeria (CBN) has directed all...

Linkage Assurance at CIIN Ambassador’s Project

L-R: Okanlawon Adelagun, Executive Director, Technical, Linkage Assurance Plc;...

ADB President, Adesina, Receives African Passport

The President of the African Development Bank Group (AfDB),...

Leadway Assurance Appoints Lesi, Amanwa in Strategic Leadership Transitions

Leadway Assurance Company Limited, a foremost player in the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img