By Joy Baba-Yesufu
In line with its powers under the Nigerian Communications Act (NCA) 2003 to grant and renew licences, promote fair competition and develop the Communications Industry, the Nigerian Communications Commission (NCC) has temporarily suspended issuance of licences in three different categories.
A statement signed by the Director of Public Affairs of the commission, Reuben Muoka said they want to notify all stakeholders of a temporary suspension on issuance of new licences in the following categories: Interconnect Exchange Licence, Mobile Virtual Network Operator Licence and Value Added Service Aggregator Licence
The statement said this temporary suspension is necessary to enable the Commission conduct a thorough review of several key areas within these categories, including the current level of competition, market saturation and current market dynamics.
Mouka further said the public should note that during the suspension period commencing on 17th of May, 2024, new application for the aforementioned licences will not be accepted. “This is without prejudice to pending applications before the Commission which will be considered on their merits” he noted.
Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.
