The Nigerian Communications Commission has hosted the second edition of the Nigerian Telecoms Leadership Summit.
Speaking at the event, the Executive Vice Chairman and Chief Executive Officer of the NCC, Prof. Umar Danbatta, said that the theme of the Summit: “The Future of Telecom Regulation in Nigeria,” presented a unique opportunity for the Commission to interact with critical stakeholders. He stated that with the increased dependence on digital platforms, the theme of the event had become necessary in order to put in place a broader regulatory framework that will enhance and protect the integrity of the industry in the emergent digital economy.
Explaining further on the transformation happening as a result of the expanding spectrum of the digital ecosystem, Danbatta said the industry is witnessing new business delivery and breakthroughs due to the expansion of boundaries of digital Small and Medium Enterprises , especially fintech and e-commerce firms. The EVC said those consequential ecosystems have contributed to the growth of the Nigerian digital economy riding on telecom infrastructure.
“Therefore, it has become imperative for us, as critical stakeholders, to appraise the progress made so far as an industry and chart the course for the future of the telecoms industry in the country,” he stated. The EVC also informed that one of the sectors that had been positively impacted by the digital transformation is the financial services sector.