Business
Spectrum Licences Followed Due Process – NCC Boss
The Executive Vice Chairman of the Nigerian Communications
Commission, Dr. Eugene Juwah, has broken his silence over newspaper reports
alleging underhand dealings in the allocation of spectrum licences.
The major bone of contention has been the allocation of a
frequency slot belonging to the Nigeria Police to a private firm, OpenSkys.
Juwah noted in a
telephone chat that “due process was followed in the allocation and the process
was initiated long before he assumed office.
“When I assumed office, I pledged to myself to avoid the
Nigerian penchant of jettisoning projects initiated by past administrations.
All we did was to bring to a conclusion a process that began in 2009.”
Media reports have alleged frequent spectrum racketeering by
the current leadership of the telecoms industry regulatory agency to OpenSkys
and Smile Communications.
A statement from the NCC has attempted to put the issues in
perspective by providing clarification regarding how the spectrum allocation
process is carried out.
According to the NCC, the Frequency allocations to OpenSkys
were not only in “compliance with the Nigerian Communications Act, but also in
full implementation of a Presidential Directive of July 5, 2007.
This directive was fully deliberated upon by the Board of
the Commission during its 62nd, 63rd and 64th Sittings and other subsequent
meetings. “
The commission noted that the provisional offer of frequency
was made to OpenSkys as far back as October 2, 2009 and at that period “the
Nigerian Police was still occupying some of the frequencies in the 450MHz Band.
The then Ministry of Communications had on October 5, 2005,
conveyed to the Police the decision of the National Frequency Management Board,
for it to be relocated by the Commission.
“The decision to allocate part of the 450Mhz frequency was
therefore not made by the NCC nor by Dr, Juwah. It was a decision that predated
his appointment by almost five years.
In fact, the NCC noted that the approval for commercial and
corporate entities to “use the 450 MHz for commercial telecommunications
was given by the National Frequency Management Council (NFMC) on
November 5, 2004.
After this approval, occupants in this band like the police,
NITEL, Shell, Chevron, and some others, were relocated to specific portions of
the band. The NCC was categorical that the frequency reserved for the police
has not been tampered with or reallocated to OpenSkys, as has been alleged in
some media reports.
The relocation of occupants in the various portions of the
band was ongoing till 2009. The NFMC approved Frequency bandwidth of 500 KHz
for the Nigerian Police specifically on 469.375 – 469.975 MHz / 459.375 –
459.975 MHz of this spectrum for relocation away from the Commercial Band.
When the Inspector General of Police approved the
relocation, following further meetings with NIGCOMSAT on behalf of OpenSkys,
NIGCOMSAT also submitted the cost of the relocation. The Commission then made
an initial offer of frequency to OpenSkys on February 4, 2009, with a condition
of acceptance within 30 days. OpenSkys accepted the offer on February 23, 2009
almost two years before Dr. Juwah was appointed as EVC.
On October 2, 2009, a clear one year before Dr. Juwah was
even appointed EVC, the NCC management upon review of the status of the offer,
thereafter “issued a provisional offer of the frequency to Openskys on the
condition of payment of total spectrum fees for the 5MHz spectrum for a tenure
of 5 Years of N1,140,000,000 (One Billion, One Hundred and Forty Million Naira
Only), out of which the sum of N247,544,989.40 was earmarked for the
replacement of digital radio equipment of the Nigerian police as may result
from the relocation. The sum of N892,455,010.60 representing the balance of the
spectrum fees for the offer was to be paid to the Commission.”
The NCC noted in their statement that such fees for
Frequency allocation are “paid, mandatorily, into the federation account and a
letter of frequency assignment stating the exact frequency channels, and other
conditions of use is usually issued to the company upon receipt of proof of
payment.”
These, the NCC explained are the processes in place to
ensure transparency in the process and they were all followed to the letter.
Business
SMEs Dev: Firms Launch N100m Loan Scheme
The facility will be disbursed through participating Microfinance Institutions (MFIs), which will in turn extend the loans to their customers, particularly SMEs, as they directly interface with businesses at the grassroots level.
The Executive Director of COMCIN, Mr. Micheal Ogbaa who represented the Chairman, Dr. Iredele Oyedele (FCA, FCCA), said the initiative is designed to strengthen micro-lending institutions and expand access to finance for grassroots entrepreneurs, particularly women and youths in the informal sector.
Ogbaa explained that COMCIN does not lend directly to individuals but works through its network of microfinance and cooperative institutions, which in turn provide loans to end users.
“We came together to advocate for the microfinance ecosystem. Commercial banks often exclude people at the grassroots, but our members are positioned to reach them. This facility will empower them to do more,” he said.
He noted that the loan scheme offers low interest rates and flexible repayment plans, making it more accessible to small business owners.
According to him, about 90 percent of beneficiaries are expected to be women, who play a key role in sustaining families and driving economic activities at the local level.
“Our focus is on traders, service providers, and players in the informal sector. These are the real movers of the economy. By supporting them, we are strengthening families and contributing to national development,” he added.
Ogbaa disclosed that eligible SMEs with proven integrity and business track records could access up to N5 million each through participating micro-lending institutions. The rollout has commenced in Lagos and will extend to Abuja, Enugu, and other regions, including the South-West, South-East, and North-East.
He said 12 micro-lending institutions have already benefited from the scheme, while 85 applications are currently being processed under the pilot phase.
“Our target is to reach at least 100,000 SMEs nationwide. We are building a platform that connects funding partners with credible micro-lending institutions, creating a reliable channel for financial inclusion,” Ogbaa said.
He added that COMCIN is also working to attract larger funding pools from development finance institutions and private investors, noting that successful implementation of the pilot phase would boost confidence and unlock more capital for SMEs.
“We have seen encouraging testimonies from early beneficiaries. As we demonstrate transparency and efficiency, more institutions will be willing to channel funds through us,” he said.
Business
Yenagoa’s Radisson Hotel Ready December — NCDMB, Other
Business
RIRS Sets Tomorrow As Deadline For Individual Tax Returns Filing
-
Opinion2 days ago
Ozoro Festival: Tradition or Tyranny?
-
News3 days agoRSG Reiterates Commitment To Youth Dev
-
Oil & Energy3 days agoTranscorp Energy, Renewvia Partner On Renewable Energy Gap
-
Politics2 days ago
RIVERS WOMEN RALLY SUPPORT, CONTINUOUS PRAYERS FOR TINUBU
-
Politics2 days ago
AKPABIO, DIRI, OBOREVWORI, OTHERS VOW TO REELECT TINUBU …AS GIADOM RETAINS APC ZONAL CHAIR
-
Business3 days agoNSCDC Discloses Illegal Dump Site In Ikwerre Community
-
Politics2 days ago
Viral 2027 Nomination Forms Price List Fake, Misleading – APC
-
Business3 days agoYenagoa’s Radisson Hotel Ready December — NCDMB, Other
