Business
How NCC transformed Nigeria’s telecom sector in 2024
As 2024 draws to a close, the NCC’s impact on Nigeria’s telecom sector is undeniable. By fostering innovation, expanding access, and prioritizing consumer interests, the Commission has set a standard for regulatory excellence.
Analysts agree that the NCC’s efforts have not only transformed the telecom landscape but have also laid the groundwork for a digitally empowered Nigeria.
Through innovative policies, strategic partnerships, and an unwavering commitment to digital inclusion, the Commission propelled Nigeria’s telecom industry into new frontiers, earning praise from analysts and stakeholders.
One of the NCC’s standout accomplishments was the nationwide rollout of 5G technology.
Following the groundwork laid in previous years, 2024 saw the operationalization of 5G networks in major cities and rural areas alike. This advancement brought faster internet speeds, reduced latency, and new opportunities for businesses and individuals.
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“The NCC’s approach to 5G deployment was methodical and inclusive,” says Dr. Taiwo Adebayo, a telecom policy expert. “By ensuring collaboration between telecom operators and government agencies, they managed to deliver a technology that is already transforming Nigeria’s digital economy.”
The expansion of 5G has also spurred growth in emerging technologies, including smart cities, artificial intelligence (AI), and the Internet of Things (IoT). Analysts project that these innovations will contribute significantly to Nigeria’s GDP in the coming years.
In its bid to promote inclusivity, the NCC prioritized rural connectivity through the Universal Service Provision Fund (USPF).
This initiative financed the deployment of telecom infrastructure in underserved areas, connecting millions of Nigerians who were previously excluded from the digital economy.
“For the first time, people in remote areas can access reliable internet and mobile services,” notes Bimpe Adekunle, a development economist. “This has opened doors to education, e-commerce, and financial inclusion for many communities.”
The NCC’s focus on consumer protection was another highlight of 2024. The Commission introduced stringent regulations to address poor network quality, unsolicited messages, and cybersecurity risks. In addition, it launched awareness campaigns to educate users about their rights and safe digital practices.
“The NCC has shown that it prioritizes the interests of consumers,” says Emeka Nwosu, a tech journalist. “These policies have improved service delivery and boosted public trust in the telecom sector.”
Driving economic growth
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Telecom’s contribution to Nigeria’s economy surged in 2024, with the sector accounting for over 16% of the GDP.
This growth was fueled by increased broadband penetration, which rose to 55%, surpassing the NCC’s annual target. The Commission also facilitated partnerships between local startups and international tech firms, fostering innovation and attracting foreign investment.
“The telecom sector is now a major driver of economic diversification,” explains Dr. Musa Abubakar, a financial analyst. “The NCC’s policies have positioned Nigeria as a hub for digital entrepreneurship in Africa.”
Despite its achievements, the NCC faced significant hurdles, including infrastructure vandalism, high operational costs, and a volatile economic environment.
However, the Commission’s proactive measures under Dr. Aminu Maida, such as promoting infrastructure sharing among operators, helped mitigate these challenges.
“The NCC’s leadership in 2024 has been exemplary,” concludes Dr. Adebayo. “Their initiatives have positioned Nigeria as a leader in Africa’s digital revolution.”