By Sunday Etuka, Abuja
The Nigerian Communications Commission (NCC) has announced a temporary suspension of issuance of Communications Licences in three categories, effective from today.
NCC’s Director of Public Affairs Department, Reuben Muoka who disclosed this via a Public Notice he signed on Friday, said, the action was pursuant to the Nigerian Communications Act (NCA) 2023.
“In line with its powers under the Nigerian Communications Act (NCA) 2003 to grant and renew licenses, promote fair competition and develop the Communications Industry, the Nigerian Communications Commission (The Commissions) hereby informs all stakeholders of a temporary suspension on issuance of new licenses in the following categories: Interconnect Exchange License, Mobile Virtual Network Operator License, and Value-Added Service Aggregator License”, the Public Notice read.
The Commission explained that the temporary suspension was necessary to enable it conduct a thorough review of several key areas within these categories, including the current level of competition, market saturation and current market dynamics.
It informed that during the suspension period commencing on 17th of May, 2024 (Today), new application for the aforementioned licenses would not be accepted. This, it noted is without prejudice to pending applications before the Commission which will be considered on its merits.
