Monday 21st August, 2017
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Data is a central resource to building digital economy - Ojobo says at DIGITAL PayEXPO

Data is a central resource to building digital economy - Ojobo says at DIGITAL PayEXPO

Tony Ojobo, Director Pub­lic Affairs at the Nigerian Communications Com­mission, NCC, has said the significance of data availability through robust broadband is a key resource to the building of a digital economy.

Ojobo declared in a keynote address he delivered extempo­raneously at a critical segment of the just concluded DIGI­TAL PayEXPO in Lagos tagged DATA FIESTA.

Data Fiesta, came up for the first time at the 17-year old event to demonstrate the im­portance of data and broadband infrastructure in the implemen­tation of an impeccable payment systems in particular and the building of a digital economy in a broad sense.

Accordingly, Ojobo took the stage to engage the audience, giving anecdotal evidence of the value of data so notable in mas­sive sales by Nigerian-based on­line malls such as Yudala, Jumia and Konga among others.

He noted that the huge online banking transactions that have reduced physical traffic to the banking halls, and the amazing innovations and creativity bol­stered by access to data and the Internet are proofs of what is possible with good broadband and also speaks to greater op­portunities in the future which are already seen in many start-ups businesses.

“This explains why NCC is opening up new and additional spectrum bands as data needs are growing in order to increase availability of data”. Ojobo told the audience.

He recalled the auction of frequencies in the 2.3GHz, 2.6GHz, the re-planning of the 800MHz for LTE services, the re-farming of older frequencies held by operators in the sector – all of which are earmarked for data – as concrete steps taken by the NCC to ensure availability of data.

He added that there are also measurable derivable ben­efits for the data segment in the NCC’s technology neutrality stance.

Ojobo said all these constitute irrefutable evidence of NCC’s mindfulness of the centrality of data for economic growth and development.