Tuesday, October 14, 2025
24.1 C
Lagos

NCC Suspends Spectrum Trading Guidelines 2018

 

The Nigerian Communications Commission (NCC) has suspended the Spectrum Trading Guidelines 2018 for the Nigerian telecommunications industry.

The Board of Commissioners of the Commission rose from its meeting recently with this position and is informing all licensed telecommunications operators, prospective investors, industry stakeholders and the general public in that regard.

The Board had earlier taken the decision for Spectrum Trading in response to telecommunications global dynamics as well as the efforts to optimally utilize and maximize the benefits of the Spectrum scarce resource. Spectrum is a scarce commodity which when inefficiently utilized greatly limits broadband coverage and speeds.

According to a statement by Dr. Henry Nkemadu, Director, Public Affairs, Nigerian Communications Commission (NCC), the current Spectrum Trading Guidelines were developed in 2018 after industry-wide consultations and this instrument allows that the Spectrum resource be traded on the Secondary Market through Transfer, Sharing or Leasing upon satisfying stipulated regulatory conditions.

The Nigerian National Broadband Plan (NNBP) 2020 – 2025 launched by His Excellency, President Muhammadu Buhari in Abuja in March 2020 requires that these Guidelines be reviewed to ensure that un-utilised Spectrum is fairly traded and to facilitate roll-out by other operators amongst others. This is to address the need for ubiquitous broadband deployment to accelerate penetration and access in line with the economic Agenda of the Federal Government.

In accordance with the NNBP 2020 – 2025, for optimal use of spectrum, licensees have the obligation of the Use it or Lose It Policy because idle high demand spectrum does a disservice to poorly served populations and should be released for effective use as may be required to Promote Efficient Use of assigned Spectrum.

The ‘Use it or Lose it’ rule should therefore apply in all instances where assigned spectrum is found to be non-utilised or under-utilised and ensures un-utilised spectrum is fairly traded to facilitate roll-out by other operators.

“In response to the need for the review of these Guidelines as highlighted above, and also following Paragraph 12 of the Spectrum Trading Guidelines, 2018 which vests the Commission with the right to review/vary and modify these Guidelines from time to time as it may deem fit, the Spectrum Trading Guidelines 2018 application in Nigeria is hereby suspended until further notice as declared by the Board.”

spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Supports UAC on Acquisition of CHI with Investment Banking Solution

Stanbic IBTC Holdings Plc proudly supported UAC of Nigeria...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Unity Bank MD Celebrates Resilient Frontline Staff, Reaffirms Commitment to Customer Service Excellence

The Managing Director/Chief Executive Officer of Unity Bank Plc,...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Stanbic IBTC Bank Hosts Strategic Forum to Arm Clients with Economic Clarity

Stanbic IBTC Bank has taken a significant step in...

Topics

70 Winners Emerge from Stanbic IBTC Bank’s Award-winning Reward4Saving April Draw

L-R: Remi Adebayo, Alice Adeyemo, Chinemerem Nwachukwu, Irene Odinigwe,...

Sovereign Trust Insurance Partners Rotary Club on Project Wash

Sovereign Trust Insurance Plc in collaboration with Rotary Club...

Igbo Youth Forum Condemns Nomination of Hon. Benjamin Kalu as Deputy House Speaker

The Amalgamated Igbo Youth Progressive Forum has condemned the...

FCMB May Shut 36 Branches to Save Cost

There are growing indications that First City Monument Bank...

SEC, IFSB to Host 1st International Forum on Non-Interest Capital Markets

  In a bid to tackle the challenges hampering further...

FG Tackles CBN, NTA over Un-remitted N450bn

The Federal Ministry of Finance has announced the constitution...

CTO, Zain: “Data Growth is Biggest Challenge in Today’s Telecom Market”

  Yousef Abu Mutawe, CTO, Zain, Jordan will deliver the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img