Saturday, December 21, 2024
25.3 C
Lagos

How NCC’s Strategic Management Plan Will Drive Digital Economy

 Professor Umar Danbatta

Executive Vice-Chairman

Nigerian Communications Commission

The Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami, has explained that the new Strategic Management Plan (SMP) 2020-2024 by the Nigerian Communications Commission (NCC) will be a pedestal to drive the implementation of the Federal Government’s digital economy vision.

The Honourable Minister stated this during the virtual launch of the NCC’s five-year strategy plan in Abuja which was attended by few invited officials from the Federal Ministry of Communications and Digital Economy, the Nigerian Communications Commission, other sister parastatals under the Ministry as well as critical Stakeholders in the telecoms sector, who joined the launch virtually in compliance with the Federal Government’s directives on social distancing.

According to the Honourable Minister, the launch of the SMP demonstrated the Commission’s serious improvement in performance matrix and its efforts in accelerating the implementation of the National Digital Economy Policy and Strategy (NDEPS) and the National Broadband Plan (NBP) 2020 – 2025 of the Federal Government.

“I feel very excited for the fact that there is a serious improvement in the performance of the Nigerian Communications Commission (NCC). The launch of this SMP 2020 – 2024 is a clear indication of that. When a parastatal is performing, it will create an innovative idea on how to be more successful. When a parastatal is not performing, you will not hear anything on how to implement policies and come up with different strategies and plans,” he said.

Pantami stated that despite the enhanced performance of NCC, there is a need for the Commission to redouble its efforts. “We need to challenge and ridicule our previous successes by setting new records through the implementation of this SMP 2020 – 2024. The NCC Management must ensure effective implementation of this SMP,” he added.

Earlier, the Executive Vice Chairman (EVC) of NCC, Prof. Umar Danbatta, said the SMP is the fulcrum that will aid the NCC in driving its telecom regulatory mandate in the fast evolving telecoms industry, in the next five years. He said it will serve as a roadmap for the future of the Nigerian telecoms sector, taking into consideration the current and emerging trends in the industry and the numerous expectations of the diverse Stakeholders.

“The Federal Government’s economic diversification plans are focused on a robust digital economy, which will improve employment generation, as well as encourage innovation. This was prime in our minds during the formulation of the SMP.  We have invested great time and effort in ensuring that this document is pragmatic, and I am very confident and excited in its completeness to successfully guide the Commission in achieving the set objectives. We are committed to the implementation of this SMP,” the EVC said.

The Chairman Senate Committee on Communications, Distinguished Senator Oluremi Tinubu who was represented by Distinguished Senator Obinna Agbo, praised the Commission for its exemplary performance and averred that the new SMP 2020 – 2024 would ensure the Commission is on course to deliver on the mandate of the Federal Government for a digital economy. Distinguished Senator Tinubu wished the Commission success in implementing the Plan.

Speaking in the same vein, Deputy Director, Corporate Planning, Strategy and Risk Management, Ms Helen Obi, said the development of the new SMP for the next five years was initiated with the lapse of the previous one and it would help the Commission to effectively harness its internal resources to deliver on expectations of its external stakeholders and the industry as whole.

“Our primary goal in organising the launch, therefore, is to present the finished work to our esteemed stakeholders and solicit your buy-in and support in ensuring that our shared vision and mission of providing best-in-class regulatory services towards achieving a digitized economy is sustainably accomplished,” she added.

In their goodwill messages to the Commission, the Chairman, Association of Licensed Telecom Operators of Nigeria (ALTON), Gbenga Adebayo; President, Association of Telecoms Companies of Nigeria (ATCON), Olusola Teniola and President, National Association of Telecoms Subscribers (NATCOMS), who joined the launch virtually, congratulated the Commission and expressed their view that the SMP 2020 – 2024 will add the needed impetus to the implementation of national digital economy policy of the government.

Over 700 estimated guests, including representatives of ministries, departments and agencies (MDAs), Chief Executives of telecoms companies, the media, among others, joined the launch online. At the same time, over 2,400 viewers watched the Facebook live video during the SMP launch.

About NCC’s SMP 2020 – 2024

SMP 2020 – 2024 is the visioning document of the Commission for planning, monitoring, analysing, and assessment of the Commission to meet its goals and set objectives. It has five pillars, which include regulatory excellence, universal broadband, promote development of digital economy, market development; and strategic partnering and 25 intended outcomes.  Five critical success factors identified for the implementation of the Strategy include: ownership and commitment, effective communication, human resource capacity, development of and adherence to a strategy development manual; and implementation discipline.

The Face of the new SMP is captured in the acronym: “ASPIRE 2024” (A: Advancement through S: Strategy P: Professionalism I: Innovation and R: Regulatory E: Excellence).

spot_img
spot_img
spot_img

Hot this week

PenCom Targets N22tn Pension Contributions by End 2024

The National Pension Commission (PenCom) says it expects pension...

PalmPay, Jumia Launch Holiday Campaign to Reward Users

This holiday season just got a whole lot more...

Adekunle Gold, Wande Coal, Young Jonn Set to Thrill Fans at Lagos Shopping Festival

Lagosians are in for the most exciting music extravaganza...

Mediacraft Associates Continues to Blaze the Trail in Awards

  Group CEO Voted ‘Legend of Marketing Comms’ John Ehiguese, CEO...

Committee of Banks in Nigeria Donates Multimillion Naira Relief Materials to Jigawa Flood Victims

The Committee of Banks in Nigeria on Thursday lifted...

Topics

Nigeria Leads in 43% Remittances Growth to Africa in 2019

Leading mobile payments company WorldRemit saw a 43% growth...

Africa’s Mobile Phone Shipments Decline 2.1% in Q3 2018

Africa's mobile phone market declined 2.1% quarter on quarter...

Access Bank, GE Partner on Financing for Healthcare Providers

Access Bank and GE Healthcare are to provide sustainable...

Lekki Miami Beach Resort Celebrates One Year Anniversary

Set out to provide alternative holiday resort in Nigeria for Nigerians and foreigners alike, Lekki Miami Beach Resort (LMBR) Limited has continued to expand, offering value that could be comparable to its peers in other parts of the world. One year after commissioning, the resort located on Lekki Area of Lagos has provided leisure and comfort for individual and corporate clients who needed to relax after for short vacation and hard work off the city coast.

‘No Transparency in Nigerian State Budgets’

BudgIT is currently conducting its #StateofStates campaign which examines...

IDC to Host ‘Digital Retail Summit 2017’ in Turkey

International Data Corporation (IDC) is pleased to announce the...

SEC, NGX Group, JSE Collaborate on Governance, Market Development, Sustainability

A high-level delegation from Nigerian Exchange Group Plc (NGX...
spot_img

Related Articles

Popular Categories

spot_imgspot_img