Business

NCC holds stakeholders consultative forum in Bayelsa

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THE Nigerian Communications Commission (NCC) recently organised a two-day Stakeholders’ Consultative Forum on “Talk to the Regulator,” to create awareness about the activities of the commission in Bayelsa State.

Mr Adeleke Adewolu, Executive Commissioner, Stakeholders Management, NCC, at the forum in Yenegoa, said the commission’s strategic objective was to facilitate strategic collaboration and partnership with critical stakeholders in the industry.

Represented by Mr Damilola Ogunsipe, Office of the Executive Commissioner Stakeholders’ Management, he said the essence of the forum was to create awareness about the activities of the commission as a regulator and also obtain feedback from critical stakeholders on how the industry affected their daily lives.

“The sector has continually ensured that the digital economy agenda of the Federal Government is established on solid foundations.

“The communications sector is indeed the pace-setter sector as far as the expansion of the frontiers for national development is concerned.

“This was further underscored by the recent deployment of the Fifth Generation Technology (5G) services in the country which we believe will ensure that Nigeria maximises the benefit of the Fourth Industrial Revolution whilst being sufficiently prepared for any attendant risk that may occur.

“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.

“The exponential growth of the telecommunications sector is largely attributable to effective policies, legal and regulatory framework implemented by the Federal Government and the Nigerian Communications Commission (NCC).”

 

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