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NCC suspends Spectrum Trading Guidelines 2018 — Official
May 27, 2020
By Jessica Dogo
The Nigerian Communications Commission (NCC) has suspended the Spectrum Trading Guidelines 2018 for the Nigerian telecommunications industry.
A statement signed by Dr Henry Nkemadu, Director, Public Affairs, NCC, on Wednesday in Abuja, said the commission’s Board of Commissioners rose from a meeting with the position.
Nkemadu said that the board had begun to inform licensed telecommunications operators, prospective investors, industry stakeholders and the general public about the development.
He said that the board had earlier taken the decision for Spectrum Trading in response to telecommunications global dynamics as well as the efforts to optimally utilise and maximise the benefits of the Spectrum scarce resource.
The director explained that Spectrum was a scarce commodity, which when inefficiently utilised greatly limited broadband coverage and speeds.
“The current Spectrum Trading Guidelines were developed in 2018 after industry-wide consultations.
“This instrument allows that the Spectrum resource be traded on the Secondary Market through Transfer, Sharing or Leasing upon satisfying stipulated regulatory conditions.
“The Nigerian National Broadband Plan (NNBP), 2020 – 2025, launched by President Muhammadu Buhari, in Abuja in March 2020 requires that these Guidelines be reviewed.
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