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
spot_img

Hot this week

Nigeria’s Nuclear Ambitions Boosted as Akkuyu NPP Unit 1 Construction is Completed

Nigeria is steadily advancing toward the development of its...

NHIA, ‎PTAD, Universal Insurance Sponsor NAIPE 2026 AGM

‎The National Health Insurance Authority (NHIA),‎ Pension Transitional Arrangement...

Stanbic IBTC Bank Nigeria PMI: New Orders Continue to Rise Sharply in June

Improving demand conditions helped to support further increases in...

Leadway Health: HMO of the Year Award for 4th Consecutive Time at 2026 Nigerian Healthcare Excellence Awards

Leadway Health, one of Nigeria’s premier health insurers and...

CBN Revokes Licences of 46 Microfinance Banks Nationwide

  The Central Bank of Nigeria (CBN) has revoked the...

Topics

Fidelity Bank Records 210.0% Growth in PBT to N385.2bn in 2024

Leading financial institution, Fidelity Bank Plc released its 2024...

First Bank, AIICO CEOs Lead Media Performance Audit in Aug

An independent analysis of the media performance and prominence...

Standard Bank Sponsors Multilateral UK-Africa Investment Summit

Standard Bank, Africa’s largest banking group by assets, is...

Emerald Zone to Empower Preteens, Teenagers with Coding Skills in August

In line with its annual social project, Emerald Zone,...

Union Bank Rewards 452 Customers in UnionKorrect Draws 

Union Bank of Nigeria recently rewarded 452 UnionKorrect account...

Ecobank Named ‘Agric Lender of the Year 2020’ by BAFI Awards

Ecobank Nigeria has emerged the winner of “Agric...

Heirs Insurance Group: N32bn Premium Income, N20.5bn Insurance Revenue in 2023

Heirs Insurance Group (HIG), comprising Heirs Life Assurance (HLA)...

The Nation Newspaper’s Insurance, Pension Editor, Omobola Tolu_kusimo, Loses Father

The father of The Nation Newspaper’s Insurance and Pension...
spot_img

Related Articles

Popular Categories

spot_imgspot_img