• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Monday, March 9
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Business»IT & Telecoms»NCC Seek More Investment In The Telecommunications Sector
IT & Telecoms

NCC Seek More Investment In The Telecommunications Sector

By Orientalnews StaffJuly 12, 2019No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Yemisi Izuora 

The Nigerian Communications Commission, NCC, has stressed the need for improved investment in the telecommunication sector to help boost economic growth in the country. 

Prof Umar Danbatta, executive vice chairman, NCC, while speaking at the 2019 Telecom Executives and Regulator Forum in Lagos on Thursday, Danbatta noted that $68 billion investment in Nigeria is huge, but it is by no means adequate for one of the fastest growing telecommunications markets in the world.

He said with the capital intensity of the industry, there was need for service providers to increase their infrastructure deployment to satisfy the ever-increasing demand.

According to him, this will create room to double the size of the investment in the next 10 years. “We have about 40 million Nigerians yet to be reached with basic infrastructure and services. The NCC roadmap for broadband has created new frontiers for investment. The quest for data and social media as well as the increasing value added services created new frontiers for investments.

“Therefore, the desire for investment in the sector will continue to grow as the size of the network increases. The NCC has consistently provided the enabling environment for growth and a level playing field for competition in the industry,” he said.

Danbatta regretted the effect of counterfeit information and communication technology devices in the country. He said counterfeiting is a global challenge that has elicited a common disquiet among stakeholders worldwide, especially in respect of the continued influx of counterfeit and illegal ICT devices in both developed and developing countries.

“Nigeria is not in any way immune to this problem. The challenges posed by this menace are quite devastating, hindering the progress made so far in ICT usage and processes in terms of its economic, social, environmental and security impacts on the country.

“The unchecked import and use of unregistered, cloned, substandard, counterfeit, stolen and or non-compliant devices pose a considerable threat to Quality of Service, QoS and Quality of Experience, QoE, security, amongst others in Nigeria.

“According to Delloitte in its 2018 Nigeria Cyber security Outlook, Cybercrime is estimated to cost the Nigerian economy about US$500 million per annum. Consistent with the Commission’s regulatory mandate, several consultative fora were organized to enlighten stakeholders on the growing menace posed by the influx of cloned and fake ICT devices into the country.

“The stakeholders include the Nigeria Customs Service (NCS), Mobile Network Operators (MNOs), Original Equipment Manufacturers (OEMs), Security Agencies, Standards Organizations, and Equipment and Solution Vendors. After due consideration of inputs from stakeholders, the solution reached is to deploy an end-to-end technology based solution in combating the influx of cloned and fake ICT devices into the country.

“Consequently, a Mobile Device Management System (MDMS) was conceived. The proposed MDMS will have the capacity to facilitate the mandatory registration of all SIM-based devices in Nigeria, block all stolen, counterfeit, illegal or otherwise substandard SIM-based devices from Operators’ networks and interface with the Customs Service, Tax Authority, Security Agencies, Standards Organizations and other relevant agencies to ensure the full registration, payment of duties and taxes due on those devices and the protection of security and privacy of users in Nigeria,” he said.

Share this:

  • Share
  • Click to email a link to a friend (Opens in new window) Email
  • Tweet
  • Click to share on Reddit (Opens in new window) Reddit
cover
Orientalnews Staff

Related Posts

MTN Pledges Significant Capital Investment To Support Nigeria’s $1 Trillion Economy 

February 9, 2026

NCC, NDPC Firms Up Understanding To Strengthen Data Governance 

February 6, 2026

NCC Tackles Construction Companies Over Fibre Optic Infrastructure Damage

February 3, 2026

Leave A Reply Cancel Reply

The latest
  • FG, NiMet Lead Drive For Climate-Resilient Health Systems In Nigeria
  • Nigeria Customs Celebrates DCG Dera Nnadi’s Retirement On His 60th Birthday
  • Nigeria Customs, PEBEC Unite To Drive Paperless Ports, Slash Bureaucratic Delays
  • CGC Adeniyi Urges Unity, National Service At Customs Ramadan Iftar Gatherings
  • Navy Gunboats Repel Sea Robbers, Rescue 16 Passengers On Ibaka-Bakassi Route
  • Nigeria Customs Rallies Stakeholders For National Single Window Launch
  • Oyo/Osun Customs Strengthens BATN Ties, Seeks Alaafin Support Against Smuggling
  • Fidelity Bank Photo News: During The Courtesy Visit By The British Deputy High Commissioner And His Team To The Fidelity Bank Head Office In Lagos.
  • IWD 2026: CAPPA Urges Stronger Protections, Inclusive Policies For Women
  • UBA Commemorates Women’s Month With Special Edition Of Business Series 
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2026 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.