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NCC Optimistic Of Generating $1b With 6G Technology

todayJanuary 31, 2025

Background

 

 

 

 

 

The Nigerian Communications Commission, NCC, is optimistic about generating $1b with the introduction of 6G technology, a significant upgrade to the country’s wireless communication standards.

The Chief Executive Officer, Aminu Maida made this projection during the 2025 budget defense before the National Assembly Joint Committee on Communication.

Despite a 50% telecom tariff hike, the NCC doesn’t expect significant revenue growth from spectrum sales in 2025.

Maida attributed the slow revenue growth to telecommunications companies’ reluctance to purchase 5G spectrum licenses due to unfavorable market conditions.

On the 2025 revenue projection, Maina, explained that NCC’s total revenue projection for 2025 stands at N272.4 billion, expected to be generated from operating levy, spectrum fees, and other income.

The Co-Chairman of the committee, Senator Aliyu Ikrah Bilbis, assured that the committee would work to improve NCC’s operations in 2025.

Oduyemi Odumade, Edited By Grace Namiji

Written by: Kevin Nwabueze

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