• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home National GDP: NCC Expects Further Growth in Telecoms Industry
  • National

GDP: NCC Expects Further Growth in Telecoms Industry

By
Yakubu Musa
-
June 10, 2016
       Says NCC will review 2.6GHz spectrum auction
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Professor Umar Garba Danbatta, has lauded the performance of the nation’s telecommunications industry in the first quarter of 2016, which he said would even improve in the subsequent quarters of the year.
Speaking while receiving a consortium of international investors led by UBS South Africa, Danbatta also disclosed that the commission would soon meet with operators over the recent auction of 2.6GHz spectrum, which saw only MTN Nigeria, bid for 6 out of 14 available slots.
“I think we are happy with the level of compliance to regulatory stipulations in general, minus the MTN incident, which cast some sort of shadow in our regulatory derive to ensure sustainability and stability of the industry.
“I am happy, we are putting that one behind us, and this is attested to by recent statistics by the National Bureau of Statistics (NBS) that the industry recorded a growth of 0.5 per cent to GDP in comparison to the same period last year.
“In monetary terms this is going to translate to over N1.4 trillion, only in the first quarter of this year.
 “While other sectors of the economy is recording negative growth, the telecom industry has been recording positive growth and I think it is poised to grow even further in the subsequent quarters of the year,” he explained.
Answering question on the 2.6.GHz spectrums auction, the EVC said: “ We are doing a post mortem.  And we have not yet met with the operators to find out why they did not bid, except one operator.”
“The intention is to be able to know their reasons, and to know in what way the regulator can come in to relax some of the conditions in the process, if this relaxation can lead to more operators going for the remaining 8.
“I am sure the commission will be disposed to looking at the reasons that prevented other operators from coming forward to bid, except only one,” he further noted.
He said, the commission incorporates elements of flexibility in its dealing with operators, in order to continue to sustain the growth in the sector, which he said, “has the potential to provide an alternative to oil and gas”.
Yakubu Musa
SA Media to EVC
June 9, 2016

—

PRNigeria encourages institutions to be transparent in their information management as it provides news items from authoritative sources for free use by the media
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Nigerian Communications Commission
  • Professor Umar Garba Danbatta
Previous articleCol Inusa: Army Commends Police Over Arrests of Killers
Next articleAviation Security: Federal Government Takes Step To Decongest Abuja Airport
Yakubu Musa
Yakubu Musa
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

U.S., Nigeria Launch Joint Working Group to Address Religious Freedom, Security Challenges

abdulrazaq--kawu-saraki

Kwara Politics: AbdulRazaq–Saraki Rift Puts Kale Kawu’s 2027 Ambition on a Tightrope

late Malam Kabiru Ibrahim Aliyu

Pantami Mourns Gombe United Legend Kabiru ‘Ustaz,’ Hails Him as Moral and Skillful Icon

Troops Repel Terrorist Attacks in Borno, Sokoto, Kill 11, Recover Arms

Military troops

Army, NAF Dismantle Terrorist Strongholds in Shiroro, Diffuse IEDs in Major Offensive

herdsman

Ranching as a Path to Ending Herder–Farmer Conflicts

Trump Unveils Controversial ‘Board of Peace’ With $1bn Entry Fee

Terrorists bomb-laden vehicles destroyed by Nigerian Troops

Troops Neutralise 12 Terrorists in  Sambisa, Mandara Mountains, Recover Firearms, Motorcycles

Customs Disowns Fake Recruitment Flyer, Warns Public Against Fraudsters

President Bola Ahmed Tinubu

 Tinubu Names New Ambassadors to France, US, UK, and Turkey

Troops of Nigerian Army after successfully foiling an ambush by Boko Haram/ISWAP Terrorists

Troops Kill Suspected Boko Haram Fighter, Recover Arms in Maiduguri Operation

NJC Recommends FHC Chief Registrar, Suleiman Amida Hassan, 13 Others for Judges

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • U.S., Nigeria Launch Joint Working Group to Address Religious Freedom, Security Challenges
  • Troops Foil Bandits’ Attack, Neutralise One Terrorist in Kaduna
  • Securing West Africa’s Future in the Age of Information Disorder By Mohammed Dahiru Lawal
  • ECOWAS Adopts Digital Roadmap; Targets Unified Single Market and AI Governance for West Africa 
  • Kwara Politics: AbdulRazaq–Saraki Rift Puts Kale Kawu’s 2027 Ambition on a Tightrope
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
U.S., Nigeria Launch Joint Working Group to Address Religious Freedom, Security ChallengesTroops Foil Bandits’ Attack, Neutralise One Terrorist in KadunaSecuring West Africa’s Future in the Age of Information Disorder By Mohammed Dahiru LawalECOWAS Adopts Digital Roadmap; Targets Unified Single Market and AI Governance for West Africa Kwara Politics: AbdulRazaq–Saraki Rift Puts Kale Kawu’s 2027 Ambition on a TightropeRestore Hope IX: COAS Charges Troops to Translate Training into Operational SuccessPantami Mourns Gombe United Legend Kabiru ‘Ustaz,’ Hails Him as Moral and Skillful IconGround Troops, Surveillance Deployed in Hunt for Kurmin Wali Kidnappers – DHQCustoms and the Making of Africa’s First Defence-Security ExhibitionBLOODY: Troops Kill 12 Boko Haram, ISWAP Fighters in Sambisa, Mandara MountainsMalami, Dasuki and the Irony of Power By Ifeanyi Favour OgochukwuFinally, Gov. Yusuf, 44 LG Chairmen, Lawmakers Dump NNPPKajuru Abductions: When Denial Costs Lives By Kabir AbdulsalamWhen Power Walks in Unannounced: What Olubunmi Tunji-Ojo Saw — and What Nigeria HeardNigerian Troops Hit Boko Haram Splinter Groups in Niger
X whatsapp