The Nigerian Communications Commission had reasserted its commitment to bringing up to par Nigeria’s digital economy especially post COVID-19. Speaking at the Nigeria Innovation Summit 2020 a virtual conference with the theme on Tuesday ‘Innovating in Critical Times’, the Executive Vice Chairman of NCC, Prof. Umar Garba Danbatta encouraged investment in the ICT sector of the economy as part of infrastructural development of the economy.
The EVC who was represented by the Director of Public Affairs of the commission, Dr. Ikechukwu Adinde said, “The most important outcome of COVID-19 for us, as a nation striving for digital economy, is the need to continue to invest in infrastructure development in critical sectors of the economy, particularly the ICT sector, which has become the bastion of modern economies.”
The EVC also emphasized the role of the NCC in improving the economy, “The NCC has been the major linkage in the drive for optimum economic development, as it remains the pioneer for all the major disruptions that would drive the nation’s economic reboot, especially the financial systems riding on electronic innovations. These innovations are driven by the availability of a robust communications infrastructure made possible by the Commission’s continuous quest for investment in the sector.”
The EVC also disclosed that subscriptions to broadband or high-speed internet services in Nigeria have increased significantly to a peak of 82.7 million as at the end of August, 2020.
The Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami, who presented the keynote speech at the Summit, noted that Nigeria’s quest to become a truly digital economy is on course with the launch of the National Digital Economy Policy and Strategy (NDEPS) in November 2019. Danbatta also substantiated the EVC’s claim that the Commission has increased broadband penetration from less than 6 percent in 2015 to 43.30 percent by August 2020 which according to him translated to 87,653,247 broadband subscriptions