Nigeria: 5G to Enable Industries Produce $13.2trn Worth Goods By 2035 - NCC

27 October 2020

The fifth-generation (5G)'s full economic effect will be realized across the globe by 2035, supporting a wide range of industries and potentially enabling up to $13.2 trillion worth of goods and services, the Nigerian Communications Commission (NCC) has said.

NCC's Executive Vice Chairman (EVC), Prof Umar Garba Danbatta, disclosed this at a training workshop for journalists in Abuja on Tuesday.

"5G's full economic effect will likely be realized across the globe by 2035, supporting a wide range of industries and potentially enabling up to $13.2 trillion worth of goods and services.

"This impact will be much greater than the current 4G network", Danbatta said.

The EVC, who was represented at the workshop by NCC's Director of Public Affairs, Dr Ikechukwu Adinde, said 5G, when fully deployed, would provide increased speed and bandwidth as well as provide deeper coverage to reach people in rural or challenging locations.

In addition, he said 5G would provide strong security for the various sectors of government and private organisations.

He said: "Due to its sheer scale and scope, the ITU predicts 5G will accelerate the achievements of all the 17 Sustainable Development Goals (SDGs) from affordable and clean energy to zero hunger."

According to him, the misinformation/misrepresentation of 5G technology had the potential of derailing the launch/implementation of this new technology in Nigeria.

The NCC boss said many Nigerians, including citizens in more civilized countries, were hooked on the notion that the introduction of 5G technology was the reason behind the spread of the novel COVID-19 pandemic.

"This misconception was even made worse because those saddled with the responsibility of informing, educating and enlightening the average Nigerian telecom consumers were also bereft of the knowledge of this new technology and hitched a ride on the bandwagon of doubters," he said.

Earlier in his address, the President of Digital Bridge Institute (DBI), Prof Mohammed Ajiya, said journalists reporting on ICT beat needed constant training because the field is dynamic and evolving.

More From: Daily Trust

Don't Miss

AllAfrica publishes around 800 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.