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Healthy competition essential for growth of telecoms sector: Maida

L-R: Helen Obi, Director of Legal and Regulatory Services at NCC; Shola Adeyemi, Chief Legal and Regulatory Services, Airtel Networks; Carl Cruz, CEO of Airtel Networks; Dr. Aminu Maida, Executive Vice-Chairman/CEO of NCC; Adeleke Adewolu, Executive Commissioner, Stakeholder Management of NCC; and Ayuba Shuaibu, Director of Policy, Competition and Economic Analysis at NCC, at the Commission’s Head Office, in Abuja, FCT       Photo: NCC

*Dr. Aminu Maida, Executive Vice-Chairman and CEO of the Nigerian Communications Commission, affirms the telecoms sector regulatory Commission is more inclined to promote competition by creating ‘a level-playing ground for all our licensees’

Isola Moses | ConsumerConnect

Stressing the strategic importance of healthy competition in promoting growth in the ecosystem, Dr. Aminu Maida, Executive Vice-Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), says competition is key to the healthy growth of the telecoms sector of the country’s economy.

Maida, who stated this Wednesday, December 6, 2023, when receiving in audience a delegation of the Management of Airtel Networks Limited, in Abuja, FCT, said the Commission would give closer attention to managing the competition in the industry.

Mr. Reuben Muoka, Director of Public Affairs at NCC, in a statement noted the EVC/CEO said: “We are more inclined to promote competition by creating a level-playing ground for all our licensees.”

The telecoms sector regulatory Commission stated Dr. Maida explained the NCC is examining all sides of the issue of competition in the sector.

He disclosed: “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.

“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).”

Maida equally noted that  in line with regulatory approach, the Commission considers it critical to have a win-win strategy and regulatory framework, to ensure sustainability of the telecoms industry.

“It’s critical for the NCC and Telcos to develop win-win strategies for the Nigerian telecoms industry, so that everybody gets value.

“The Minister for Communications, Innovation and Digital Economy 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.”

Speaking during the visit to the Corporate Head Office of NCC, in Abuja, Carl Cruz, Chief Executive Officer of Airtel Networks, who led delegation congratulated Maida on his appointment by President Bola Ahmed Tinubu, and subsequent confirmation by the Senate.

Cruz said the Commission deserves commendation for its competition regulatory policies and frameworks put in place over the years.

The Airtel Networks CEO stated such efforts must be sustained to ensure a healthy competitive environment for telecoms licensees in the West African country.

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