AfricaNXT 2023: Stakeholders commend NCC on regulatory impact, digital economy

*Participants in this year’s AfricaNXT show, in Lagos, applaud the Nigerian Communications Commission for its commitment to excellence in regulatory oversight, transforming the telecoms industry, and contributing to the Federal Government’s digital economy agenda in the West African country

Isola Moses | ConsumerConnect

As the 2023 edition of AfricaNXT commenced  Monday, February 6, 2023, at the Landmark Event Centre, in Lagos, participants have acknowledged the positive impact of the Federal Government’s policy and regulatory efforts, through the Nigerian Communications Commission (NCC), in activating the Nigeria Digital Economy.

ConsumerConnect reports the telecoms sector regulatory Commission, at the opening session of the show Monday especially attracted industry commendation for its efficient regulatory processes that have given verve to the realisation of full digital economy in the West African country.

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Mr. Lai Labode, Chief Executive Officer (CEO) of CashToken Africa, on the occasion, said the manner with which the NCC understands and supports the emergence of companies that have critical roles to play in actualising the dreams of the digital economy, promises that Nigeria will make the desired impact in the future of the country’s Information and Communication Technology (ICT) development.

Photo Collage: AfricaNXT

Labode spoke at CashToken Africa’s forum at the 2023 AfricaNXT conference, which focused on “Socially Smart Business Models: Universal Cash Reward, Direct Sales Gamification and Wealth Redistribution”

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He also noted that NCC’s approach to transform the telecoms industry while contributing to the Federal Government’s digital economy agenda was reflected in the diligence, speed and smartness in processing recent applications, including that of CashToken.

CashToken Africa, operated by CeLD, is a Nigerian company advocating performance-based customer rewards and nudging firms to appreciate their customers with life-transforming rewards.

The CEO of CashToken Africa also disclosed that development had led to a major collaboration with Mobile Network Operators (MNOs) in Nigeria.

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Likewise, other participants at the event spoke about the demonstration of commitment to efficiency in NCC’s operations and attainment of excellence in regulatory oversight, a key item in the Commission’s extant Five-Point Agenda for transforming the telecoms sector.

NCC is one of the sponsors and key agencies participating in AfricaNXT event, and will take to the stands Thursday, February 9, 2023, from 1.00p.m-2.00p.m., at the FutureNow Stage.

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The Commission comes with a theme that will focus on the regulator’s mandates and efforts at realisation of the digital economy agenda of the Federal Government.