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NCC, stakeholders chart new path for telecoms regulations, industry growth

By Asuelimen Osasuyi

Nigerian Communications Commission, NCC, has reiterated its commitment to continue to pursue proactive regulatory interventions targeted at ensuring an enabling operating environment and improving investment climate in the Nigerian telecom industry.

The NCC stated this at the second edition of the Nigerian Telecoms Leadership Summit held in Lagos.

Nigerian Pilot reports that the NCC and the stakeholders during the analyzed the current state of the sector, process the issues, and chart new pathways to a more effective and sustainable regulatory regime for the stability and growth of the Nigerian telecom industry.

The Executive Vice Chairman and Chief Executive Officer of the NCC, Prof. Umar Danbatta said that the theme of the Summit: “The Future of Telecom Regulation in Nigeria,” presented a unique opportunity for the Commission to interact with critical stakeholders.

Through such interaction, the EVC said the Commission would be able to brainstorm and migrate to new frontiers of visionary regulations that will galvanise and foster desired growth in the industry.

Danbatta explained that the outbreak of the COVID-19 pandemic triggered political and socio-economic uncertainties globally and underscored the crucial role of digital connectivity in keeping societies functioning, as the online life became, essentially, a new way of life.

He stated that with the increased dependence on digital platforms, the theme of the event had become necessary in order to put in place a broader regulatory framework that will enhance and protect the integrity of the industry in the emergent digital economy.

In this context, the EVC said the NCC will continue to diligently pursue the implementation of policy frameworks such as Nigeria National Broadband Plan (NNBP) 2020-2025; and the National Digital Economy Policy and Strategy (NDEPS) 2020-2030 which are consistent with NCC’s regulatory interventions such as the Commission’s Strategic Management Plan (SMP), 2020-2024 and Strategic Vision Plan (SVP), 2021-2025, among others.

Danbatta said all the policy and regulatory frameworks principally seek to provide a platform for Nigerian citizens to engage in innovative developments for the telecoms industry and improve the nation’s ability to compete in the ever-competitive global space.

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