The Nigerian Communications Commission (NCC), says it remains committed to fostering an environment that encourages innovation while prioritising the security and stability of our telecom infrastructure.
The Executive Vice Chairman/CEO of Nigerian Communications Commission, Dr. Aminu Maida reiterated this commitment in his opening speech at the just concluded Telecom Industry Risk Management Conference in Lagos.
Dr. Maida said in an era marked by rapid technological advancements, the telecommunications industry finds itself at the forefront of innovation, shaping the way we communicate, connect, and conduct business.
“As we navigate this dynamic environment, the need for effective risk management becomes increasingly paramount. Today, we stand at the crossroads of tradition and transformation, where emerging technologies and trends present both unprecedented opportunities and challenges.
“We are witnessing the dawn of 6G technology, the next frontier in wireless communication. With promises of even faster speeds, lower latency, and groundbreaking applications, 6G has the potential to revolutionize the way we experience connectivity. However, with this advancement comes the responsibility to address new risks, from cybersecurity threats to ethical considerations, ensuring that we pave the way for a secure and inclusive digital future.
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“In addition to the evolution of connectivity, we must consider the implications of emerging technologies such as quantum technologies (computing, sensing, and communications), advanced artificial intelligence, and Block Chain (distributed ledger) technologies. These trends, when harnessed effectively, hold the potential to transform our industry positively. However, they also introduce complexities that demand careful consideration in our risk management strategies.
“As we navigate through 5G and the uncharted territory of the next generations of wireless technologies, collaborative efforts among regulators, industry players, and other stakeholders become even more crucial for sharing best practices, threat intelligence, resources and implementing robust risk management strategies. We should therefore move beyond mere compliance and reactive measures, and instead, harness the power of these new technologies and trends to build a resilient and future-proof industry.
Also, in his welcome address, Head of Corporate Planning Strategy & Risk Management of NCC, Kelechi Nwamkwo said the fast-disruptive world of the telecoms industry has witnessed convergence of diverse technological advancements with the potential of reshaping our future.
“From 5G networks, the Internet of Things (IoT), and Artificial Intelligence (AI), to Cloud Computing and beyond, the possibilities are limitless. However, with great opportunities comes great risks, and it is our collective responsibility to address these risks and possibly safeguard the industry’s growth and sustainability.
He said the conference is a testament to stakeholders’ collective commitment towards recognizing the evolving risks and challenges faced while embracing the immense opportunities emerging technologies and trends bring.