The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communication Commission (NCC), Prof. Umar Danbatta, has said that the current efforts of the Commission to facilitate deployment of the Fifth Generation (5G) technology networks will transform businesses leading to higher productivity improvements via real-time flow of information. “Consequently, this will permit the optimization of business functions and creation of new value chains for customers through advances in Internet-based web technology and search engines. This is expected to lead to the development and pervasiveness of Over-the-top (OTT) services,” he said.
Danbatta, also stated in a keynote address delivered at the Nollywood Economic Outlook (NEO 2022) organised in Lagos recently, that 5G technology will further catalyse the innovativeness and creativity of the entertainment industry in Nigeria and raise its productivity and contribution to the gross domestic product (GDP) to new levels.
Speaking on the theme: “Leveraging 5G Technology for the Advancement of Creative Industry,” Danbatta, who was represented by the NCC’s Head of Media and Public Relations, Grace Ojougboh, said 5G technology will disrupt the media business models in the creative industry just as he emphasised that need for practitioners in the creative industry to leverage the power of 5G technology to expand the frontiers of the industry for the next phase of its growth.
“The 5G will revolutionize how content is produced, distributed, and consumed, unlocking existing technologies for wider audiences and enabling a new wave of applications. It will also enable broadcasters to transmit footage back to their base within a short period of time, thus creating more coverage opportunities,” Danbatta said.
Danbatta concluded by stating that 5G technology is set to redefine the way people live and work and will usher the much-talked-about Fourth Industrial Revolution (4IR) with its promise of a rapid social and economic development of the country.
Danbatta used the opportunity of the event to intimate the audience of the policy and regulatory efforts of the government, through the Federal Ministry of Communications and Digital Economy as well as the NCC, which have culminated in the licensing of spectrum resources for the deployment of 5G network in the country.
He asserted that disruptive innovations shaping the future of the world, such as; Mobile Broadband, Internet of Things, Cloud Computing, Autonomous and Near-Autonomous Vehicles, Artificial Intelligence, Augmented Reality, Block-Chain Technology, Robotics and Quantum Computing and more, are pivoted on telecommunications, especially the 5G technology.
