Skip to content
August 24, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • NCC Issues Final Letters of Licence Awards to 5G Spectrum Winners
  • National News

NCC Issues Final Letters of Licence Awards to 5G Spectrum Winners

Admin May 4, 2022
Hackers

NCC logo

May 4, 2022

The Nigerian Communications Commission (NCC) has confirmed issuance of the final letters of award of the Fifth Generation (5G) Spectrum Licences to MTN and Mafab Communications, winners of the 3.5GHz spectrum auction conducted by the Commission on Monday, December 13, 2021.

In a statement by Dr. Ikechukwu Adinde
Director, Public Affairs of the commission on Wednesday,  Management of the Commission led by its Executive Vice Chairman (EVC) Prof. Umar Garba Danbatta confirmed this to the Board of Commissioners at the Board’s Special Meeting, which took place on Wednesday, April 20 and Thursday, April 21, 2022, where the Board considered updates from Management on the status of the spectrum auction.

With the issuance of the final letters of awards of 5G spectrum and in line with the Auction’s Information Memorandum (IM), the two licensees are now expected to accelerate deployment of 5G network that will usher Nigeria into a more robust Fourth Industrial Revolution (4IR) and a more digitised Nigerian economy.

In line with the terms and conditions of the 5G license, the licensees are expected to commence roll out 5G services effective from August 24, 2022.

The 5G network, when deployed, will bring a lot of benefits and opportunities that will engender accelerated growth and smart living in the country. The technology is also expected to bring substantial network improvements, including higher connection speed, mobility and capacity, as well as low-latency capabilities.

Following a transparent, diligent, fair and credible auction of 3.5GHz on December 13, 2021, the National Frequency Managenent Council (NFMC), chaired by the Honourable Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, had on February 22, 2022, officially handed over the spectrum allocation for 5G deployment as well as Federal Government-approved National Policy on 5G to the Commission.

Subsequently, the Commission, on February 24, 2022, confirmed the full payment of $273.6 million each by the two spectrum winners, in addition to spectrum assignment fee paid by MTN, for the 5G spectrum licence.

The Commission is optimistic that effective implementation of the National Policy on 5G will accelerate the actualisation of the national targets in the Nigerian National Broadband Plan (NNBP) 2020-2025, the National Digital Economy Policy and Strategy (NDEPS) 2020-2030, as well as other sectoral policies designed to enhance Nigeria’s digital transformation.

While the licensees are expected to meet the timetable regarding their 5G network rollout obligations, the NCC requires collective efforts and support of the private-sector and government toward transforming every aspect of the nation’s economy through 5G, which will herald greater transformation than what the nation witnessed with the 1G, 2G, 3G and 4G.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Ibrahim Pantami Ikechukwu Adinde MTN NCC NFMC

Post navigation

Previous Kayode Fayemi formally joins APC presidential race
Next TERRORISM: WE’RE GLAD THE WORLD HAS NOT FORGOTTEN US – BUHARI TELLS UN SCRIBE

Related Stories

Tinubu renews tenures of NAN MD Ali, DG NTA Dembos
  • National News

Tinubu renews tenures of NAN MD Ali, DG NTA Dembos

August 24, 2026
Atiku’s subsidy reversal, a toxic desperation for power – APC Chairman Yilwatda 
  • National News

Atiku’s subsidy reversal, a toxic desperation for power – APC Chairman Yilwatda 

August 24, 2026
NDLEA dismantles 6 drug black spots in Jigawa drowned
  • National News

NDLEA dismantles 6 drug black spots in Jigawa

August 22, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Tinubu renews tenures of NAN MD Ali, DG NTA Dembos
  • National News

Tinubu renews tenures of NAN MD Ali, DG NTA Dembos

August 24, 2026
Osun Polls: The days after and implications for 2027, by Tunde Rahman
  • Commentaries

Osun Polls: The days after and implications for 2027, by Tunde Rahman

August 24, 2026
Atiku’s subsidy reversal, a toxic desperation for power – APC Chairman Yilwatda 
  • National News

Atiku’s subsidy reversal, a toxic desperation for power – APC Chairman Yilwatda 

August 24, 2026
NDLEA arrests 101-year-old great grandma, intercepts cocaine in fufu
  • Crime and Justice

NDLEA arrests 101-year-old great grandma, intercepts cocaine in fufu

August 23, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.