Victor Ezeja
…Says It Will Grow Businesses, Digital Economy
NIGERIAN Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has applauded the approval of national policy for Fifth Generation (5G) network in the country, saying it would helping in growing the digital economy and also create more business opportunities.
Join our WhatsApp ChannelDirector General, NACCIMA, Ambassador Ayoola Olukanni said it would expand business opportunities for young tech entrepreneurs in the digital world.
Olukanni noted that 5G technology will not only contribute to growth of the country’s economy, but will also help in increasing access to education, healthcare, and boost national security by being deployed in combat of crimes.
His words, “This approval is indeed a reflection of commitment of the government to the growth and development of the Telecom sector and digital economy in general. This should however, be done in close collaboration with the private sector.
“Certainly, the 5G network in which the telecom companies will also play a crucial role will expand business opportunities for young Tech Entrepreneurs. This is because they have demonstrated the capacity to leverage on technology to create innovative businesses and start-ups in the area of Fintech, Agrictech and Smart-apps for farming services, creativity and entertainment and other sectors of the economy.
“It is also worthy of note, that the 5G network will not only contribute to the growth of the Nigerian economy but will help to boost education, activities in the health sector as well as assist our security outfits to combat crimes, banditry and kidnapping in different parts of the country,” Olukanni noted.
He said NACCIMA is delighted that the 5G policy, which is a component part of the 2020-2025 National Broadband Plan is now being implemented.
He urged the government to ensure inclusion of private sector in the implementation of the National Broadband Plan which is designed for robust expansion of Nigeria’s digital economy.
This Olukanni added, would ensure that 5G policy and National Broadband Plan becomes a veritable platform to scale up opportunities in digital entrepreneurship in the country.
He also called for support in adequately leveraging the technology for all round economic development.
The Federal Executive Council (FEC) on Wednesday September 8, 2021, approved the 5G network in Nigeria to improve the country’s digital infrastructure.
Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.
