Tuesday, June 2, 2026
32.2 C
Lagos

Business

AMEC Launches GEO Principles to Bring Rigour to AI-led Communications Measurement

AMEC, the International Association for the Measurement and Evaluation...

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO, Repton Group, Keynote Speaker...

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Chair, Umaru Kwairanga, Receives International Business Achiever Award 2026

  The acceptance speech by Alhaji (Dr.) Umaru Kwairanga, Group...

NGX Seeks Cross-Listing Opportunities with Nairobi Securities Exchange

Alhaji (Dr) Umaru Kwairanga, Group Chairman, Nigerian Exchange Group...

NGX Group Advances Investor Education Drive with Digital Retail Engagement Initiative

Nigerian Exchange Group has intensified its investor education drive...

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

Insurance

AIICO Insurance Drives Community Health Impact with Malaria Prevention Outreach in Oyo State

AIICO Insurance Plc has reaffirmed its commitment to improving...

Mutual Benefits Delivers Strong 2025 Financial Performance, Record Profit Growth, Balance Sheet Expansion

Mutual Benefits Assurance Plc has announced its audited financial...

Heirs Insurance Group Opens Entry for 5th Essay Championship with ₦11.5m Prizes for Students, Teachers, Schools

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has opened...

NAICOM Issues First Insurtech Licence, Reinforcing Commitment to Innovation, Market Integrity

L-R: Mr. Suleiman Olalekan Ajani, MD/CEO, CBI Insurtech and...

CIIN Concludes Insurance Week 2026 with Awards Galore

L-R: Mrs. Ekeoma Ezeibe, President/Chairman of Council of NCRIB...

Business

AMEC Launches GEO Principles to Bring Rigour to AI-led Communications Measurement

AMEC, the International Association for the Measurement and Evaluation...

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO, Repton Group, Keynote Speaker...

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Chair, Umaru Kwairanga, Receives International Business Achiever Award 2026

  The acceptance speech by Alhaji (Dr.) Umaru Kwairanga, Group...

NGX Seeks Cross-Listing Opportunities with Nairobi Securities Exchange

Alhaji (Dr) Umaru Kwairanga, Group Chairman, Nigerian Exchange Group...

NGX Group Advances Investor Education Drive with Digital Retail Engagement Initiative

Nigerian Exchange Group has intensified its investor education drive...

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

Insurance

AIICO Insurance Drives Community Health Impact with Malaria Prevention Outreach in Oyo State

AIICO Insurance Plc has reaffirmed its commitment to improving...

Mutual Benefits Delivers Strong 2025 Financial Performance, Record Profit Growth, Balance Sheet Expansion

Mutual Benefits Assurance Plc has announced its audited financial...

Heirs Insurance Group Opens Entry for 5th Essay Championship with ₦11.5m Prizes for Students, Teachers, Schools

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has opened...

NAICOM Issues First Insurtech Licence, Reinforcing Commitment to Innovation, Market Integrity

L-R: Mr. Suleiman Olalekan Ajani, MD/CEO, CBI Insurtech and...

CIIN Concludes Insurance Week 2026 with Awards Galore

L-R: Mrs. Ekeoma Ezeibe, President/Chairman of Council of NCRIB...

SVP 2021-2025 is Catalyst for 5G, Broadband Penetration, Telecom Infrastructure-Danbatta

The Nigerian Communications Commission (NCC) says its Strategic Vision Implementation Plan (SVP) 2021 -2025 which was unveiled on September 7, 2021 was meant to speed up Broadband penetration, 5G deployment and rapid development of telecom infrastructure in Nigeria.

Professor Umar Danbatta, Executive Vice-Chairman/CEO, Nigerian Communications Commissions (NCC) said at the 2022 Annual Conference of the Guild of Corporate Online Publishers (GOCOP) in Lagos that the SVP 2021-2025 Plan has five major items namely:

  • Organisational Renewal for Operational Efficiency and Regulatory Excellence;
  • Facilitating the Provision of Infrastructure for a Digital Economy which fosters National Development;
  • Promoting Fair Competition, Inclusive Growth, Increased investment and Innovative Services;
  • Improve Quality of Service (QoS) for Enhanced Consumer Quality of Experience (QoE); and
  • Facilitating Strategic Collaboration and Partnership.

Danbatta, who was represented by Mrs. Nnenna Ukoha, Deputy Director at the NCC, emphasised that the Plan will lead to sustained implementation of the Nigerian National Broadband Plan 2020 – 2025, increase Broadband penetration which was 44.65 percent as at August 2022 and support the deployment of optic fibre cable using the infrastructure company (InfraCo) Project under the Open Access Model.

“The Commission has instructed all licensees to commence immediate rollout without recourse to counterpart funding since the licence is independent of the counterpart funding agreement.”

On 5G deployment, the NCC EVC/CEO said the Commission already licensed two operators (MTN and MAFAB) for the two available slots (3.5-3.6 GHz & 3.7-3.8 GHz bands) respectively, generating a total revenue of $563.1 million in the process.

Danbatta stated that NCC is working towards the establishment of the Nigeria Office for Developing the Indigenous Telecom Sector (NODITS), implementing government directives on local production of Sim cards in Nigeria and review of other regulations of the ICT and digital economy sector.

A key element in the NCC Strategic Plan, according to the Commission, is active collaboration with relevant stakeholders and partners for sustainable growth of the telecom sector in Nigeria.

The NCC Chief cited the participation of the Commission at the GOCOP Annual Conference 2022 as an example of such partnership, in addition to recent signing of Memorandum of Understanding (MoU) with the Federal Inland Revenue Service (FIRS) and Nigerian Security and Civil Defence Corps (NSCDC) amongst others.

“Last week, the Commission inaugurated a joint committee with the National Lottery Regulatory Commission (NLRC) to address issues about the operation of mobile lotteries to protect the interest of telecom consumers.”

Going forward, the Commission said it has equally embarked on other initiatives such as provision of funding for telecoms R&D to universities and Academia in the last five years, endowment of two professorial chairs in two Nigerian universities, disbursed over N500 million to universities for telecom research in addition to annual grants in telecommunications fields, developed a database of all tech hubs in Nigeria across the six geopolitical regions and provided sponsorship for young local innovators to ITU Telecom Worlds in Thailand & South Korea.

 

Hot this week

BGT Awards Contracts for Three Newbuild LNG Vessels

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria...

NGX Group Chair, Umaru Kwairanga, Receives International Business Achiever Award 2026

  The acceptance speech by Alhaji (Dr.) Umaru Kwairanga, Group...

AMEC Launches GEO Principles to Bring Rigour to AI-led Communications Measurement

AMEC, the International Association for the Measurement and Evaluation...

AIICO Insurance Drives Community Health Impact with Malaria Prevention Outreach in Oyo State

AIICO Insurance Plc has reaffirmed its commitment to improving...

Topics

Zenith, FCMB, GT Lead Negative Bank PR; Coronation, Leadway in Insurance Sector

Since the beginning of 2022, the Nigerian banking (commercial...

Sterling HoldCo Moves Ahead in recapitalisation, Cements Regulatory Approval

Sterling Financial Holdings Company PLC has achieved another milestone...

NAICOM, FRSC Partner to Enforce 3rd Party Motor Insurance Policy

R-L: Mr. O. S. Thomas, Commissioner for Insurance/CEO, National...

Allianz Acquires 66% Equity in Jubilee Insurance of Uganda

Allianz, one of the world’s leading insurers and...

Fidelity Bank Delivers Hope to Internally Displaced Persons in Benue State

Team Lead, CSR, Fidelity Bank Plc, Victoria Abuka (Left);...

NAICOM Hosts World Bank Delegation to Foster Collaboration, Growth

On February 4, 2025, the National Insurance Commission (NAICOM)...
Exit mobile version