x

Competition key in telecom sector, says Maida

Executive Vice Chairman (EVC) of the Nigeria Communications Commission, Dr. Aminu Maida, has said competition is key to the healthy growth of the telecoms sector.

Maida, who spoke on Wednesday when he received a delegation of management of Airtel Networks Limited in Abuja, said the Commission will give closer attention to managing the competition in the industry.

“We are more inclined to promote competition by creating a level-playing ground for all our licensees,” he said.

The NCC boss explained that the Commission is looking at all sides of the issue on competition in the sector.

“Indeed, the rising cost of business is affecting every sector. We are also looking at a win-win regulatory approach, but we need to be careful to avoid over-regulation, as over-regulation is inimical to competition in the industry,” he added.

“The NCC has recently undertaken the review of all categories of licences, both class and individual, with a view to ensuring that our licensees are still able to work well within their capital and operating expenditure (COPEX),” he said.

In the same vein, Maida during the visit by the Airtel delegation said, in line with regulatory approach, the Commission considers it critical to have a win-win strategies and regulatory framework in place to ensure sustainability of the telecom industry.

“It’s critical for the NCC and telcos to develop win-win strategies for the Nigerian telecom industry so that everybody gets value. The Minister has a blueprint, the President has the Renewed Hope Agenda, and they need to achieve it while telcos need to deliver value to the customers,” he said.

The Airtel Network delegation was led by the company’s Chief Executive Officer, Carl Cruz, who congratulated the EVC for his appointment by the President and confirmation by the Senate.

Cruz said while the Commission deserves commendation for its competition regulatory policies and frameworks, which it has put in place over the years, such efforts must be sustained to ensure a healthy competitive environment for telecom licensees.

Signed:

Reuben Muoka

Director, Public Affairs

December 7, 2023

Hot this week

Troops kill wanted bandit Babangida in Kogi gun duel

By Noah Ocheni, Lokoja Troops of the 12 Brigade, Nigerian...

Kano Gov Moves to Empower 44 LGAs with Full Autonomy

By Jabiru Hassan Kano State Governor, Alhaji Abba Kabir Yusuf,...

Bandits Killings: S/Kaduna Kicks as Gov Sani Flags Off Makarfi Rural Roads

By Achadu Gabriel, Kaduna The flag-off of a rural road...

Kano Police Command, Foundation Organise Attitudinal Change Lecture For Officers

The Kano State Police Command, in collaboration with the...

Kaduna: Corpse of 3-Year-Old Flood Victim Recovered in Zaria

By Achadu Gabriel, Kaduna The body of a three-year-old girl,...

Gov Sule Hands Over Headquarters Complex to North Central Development Commission in Lafia

By Israel Adamu, Jos Nasarawa State Governor, Engr. Abdullahi Sule,...

Kogi Govt Vows to Clamp Down on Youth Aiding Bandits

By Noah Ocheni, Lokoja The Kogi State Government has warned...

8th Zenith Bank/Delta Principals’ Cup Kicks Off September 18

By Anne Azuka The 8th edition of the Zenith Bank/Delta...

Kaduna ADC Stakeholders Petition Police Commission, Demand Probe of El-Rufai

By Achadu Gabriel, Kaduna Stakeholders of the African Democratic Congress...

China Commissions 14th Chinese Corner in FCT School

The Chinese Embassy in Nigeria on Tuesday inaugurated a...

Governor Sule and the Two Horsemen: How Synergy Is Redefining Governance in Nasarawa

By Leo Zwanke, Lafia When Engineer Abdullahi Sule assumed office...

Related Articles

Popular Categories

spot_imgspot_img