Deployment of 5G will create opportunities for economic growth, says Minister

Minister of Communications, Dr. Isa Ali Pantami

Emma Okonji

The Minister of Communications and Digital Economy, Dr. Isa Ibrahim Pantami, said the planned rollout of the 5G network by MTN Nigeria and Mafab Communications Limited will create new opportunities for robust economic growth in Nigeria.

He therefore urged Nigerians to embrace 5G technology as it rolls out, to reap the many benefits associated with 5G rollout.

Pantami said so during a policy forum on 5G rollout in Nigeria, hosted by the Policy Implementation Assisted Forum (PIAFo) in Lagos.

Pantami, who was represented at the forum by the head of the Nigerian Communications Commission (NCC) Spectrum Administration Department, Abraham Oshadami, said, among other benefits, the deployment of 5G would create new growth opportunities for the Nigerian economy, and it would be achieved by enabling dynamic business models and opening up new opportunities and markets. He said it will also unlock huge improvements in interpersonal communications with several innovations and services, as well as initiate several new changes in mobile connectivity with huge capacity to boost productivity and grow the economy.

According to Pantami, “The 5G Policy is designed to ensure effective deployment of 5G to cover major urban areas by 2025, to ensure 5G ecosystem security and data protection. It is also designed to ensure that international best practices and globally accepted standards and specifications are embedded in Nigeria’s 5G ecosystem.

While delivering the keynote address on the importance of 5G deployment in Nigeria, NCC Executive Vice President, Prof. Umar Garba Danbatta said that the theme of the forum, “Ensuring full readiness to operate the 5G in Nigeria,” was fitting as it came at a time when Nigeria has made all the arrangements for a successful rollout of 5G in the country.

Danbatta, who was represented by the Senior Director of the NCC’s Spectrum Administration Department, Mr. Joseph Emeshili, said, “To ascertain the readiness of the telecommunications industry, particularly with regard to the adoption of anything new, such as emerging IMT technologies like 5G, there are three critical stakeholders that must synergize to ensure success. These include: government (policy makers); National regulatory authorities (regulators); and Network operators. These stakeholders must ensure strong government policies, excellent regulatory and operational efficiency, and optimal network performance.

“To achieve successful adoption of any technology in any jurisdiction, governments need to put in place excellent policies that will encourage development and leave enough room for innovation. As policymakers, government should foster an enabling environment for investment and innovation, it should also consider undertaking its own independent economic assessment of the commercial viability of deploying new technologies such as 5G networks, to provide a clear regulatory path. and to enable all relevant stakeholders, including network operators, to make informed decisions. »

Director of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, in his presentation on 5G technology and the digital economy, said: “The global market for 5G services is expected to become a $664.75 billion, according to a recent 5G market report. Grand View Research report. This means a compound annual growth rate of 46.2% from 2021 to 2028.”

He said 5G would enhance the growth of the Nigerian economy in health, education, retail, agriculture, manufacturing, logistics, among others.

Director of IHS Holding Limited, Segun Akintemi, said that for 5G to succeed in Nigeria, the necessary infrastructure must be in place, adding that the deployment of infrastructure usually precedes the deployment of new technologies and is very intensive. in CAPEX, because 5G comes with its own unique infrastructure. conditions.

In his opening remarks, PIAFo’s Chief Executive, Mr. Omobayo Azeez, said, “PIAFo relies on three pillars to define its essence. These pillars are policy advocacy, policy implementation and policy evaluation. The wisdom behind the PIAFo initiative is to create a platform for active dialogue between stakeholders to ensure that when policies are formulated, we don’t just add them to our archive and then fall asleep.

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