“In line with the Nigeria National Broadband Plan (NNBP 2020 – 2025), the NCC is providing industry leadership to facilitate the achievement of 90 per cent
Broadband penetration by year 2025, and well above 50 per cent at the end of 2023. Currently, over I50 million Nigerians have access to internet, while over 80 million can access high speed internet,” he said.
Adewolu opined that the exponential growth of the telecommunications sector in Nigeria is largely attributable to effective policies, legal and regulatory framework implemented by the Federal Government the Nigerian Communications Commission . “This forum is therefore an opportunity for Stakeholders to seek clarifications from the Regulator especially as it relates to understanding regulatory obligations, obligations to the consumer and their collective responsibility to the sustainability of the industry. I encourage you to garner as much as you can from this forum,” he added.
“A market study has shown that the deployment of 5G Technology Services will result in $13.2 trillion in global economic value by 2035, generating 22.3 million jobs in the 5G global value chain alone. Thus, the Commission has played an effective role in placing the nation at a vantage position in order to reap these benefits,” Adewolu further stated.
“The Commission therefore hopes that Licensees will take advantage of this Forum to seek clarifications with respect to any issues such as: license obligations, renewal processes and procedures and emerging trends in the industry. I would like to assure you that the Commission will take your recommendations on-board and will ensure that ideas gleaned are implemented to impact the industry positively,” Babajika added.
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