The Nigerian Communications Commission (NCC) on Wednesday signed a Memorandum of Understanding with the Nigerian Communications Satellite Limited for the use of C-Band spectrum of the Nigerian communications satellite for 5G services in Nigeria.
The C-Band spectrum is expected to play a critical role in helping the nation achieve enhanced broadband and ultra-reliable latency communication.
Chairman, Board of Commissioners, at NCC, Prof. Adeolu Akande, said at the event in recent times, several administrations had begun to license spectrum for commercial deployment of 5G.
He said, â€œToday, 5G services have already been deployed in the United States of America, South Korea, and many more countries.
â€œFifth Generation will build on this momentum, bringing substantial network improvements, including higher connection speeds, mobility, and capacity, as well as low-latency capabilities.â€
Nigeria hopes to be one of the leading nations in 5G deployment. The NCC disclosed this in a document, â€˜Deployment of Fifth Generation Mobile Technology in Nigeriaâ€™ available on its website on Wednesday.
The document said, â€œFifth Generation represents the fifth generation in mobile communications evolution and an incremental deployment is expected over the following decade.
â€œIt is designed to be a system of systems that will bring flexibility to mobile, fixed, and broadcast networks and support more extensive data requirements.
â€œThe technology will impact on the way interactions are done by enabling in some cases unforeseen business models, enhanced lifestyles all resulting in increased productivity.
â€œSome of the technologies already being touted include automated cars and advanced manufacturing, Internet of things (IoT) which will enable thousands of connected devices, such as smart energy meters, to work together and share information. These changes and innovation have enormous economic benefits.â€
It added that IHS Economics estimated that 5G would enable $12.3tn of global economic output in 2035.