REGULATORY

Consultation Paper On The Determination Of Capital Structure Of Licensees In The Communications Sector In Nigeria Out

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By Clifford Agugoesi, Editor-in-Chief

Cost of licences, like cost of spectrum, among others, in the global telecommunications space, will continue to be contentious and it behoves telecommunications sector regulators in various jurisdictions to constantly have their hands on the regulatory scheme of things until a fair and acceptable pricing regime to the industry stakeholders is struck.

Both subsisting and potential investors in the lucrative telecoms space in Nigeria do not need any talisman to figure out for them that this is one of the reasons independent telecoms regulatory authority, the Nigerian Communications Commission(NCC), takes to its website and or conventional and new media to push out notices that would enable stakeholders make meaningful contributions before the final determinations on any and all pricing regimes are reached.

Now, the regulator has published a Consultation Paper On The Determination Of Capital Structure Of Licensees In The Communications Sector and it expects stakeholders to react. NCC made this move in exercise of its functions under the Nigerian Communications Act 2003 (the Act).

A heads-up on this subject matter signed by the Director of Public Affairs(DPA) at the Commission, Dr. Ikechukwu Adinde, February 8, 2021, says “interested stakeholders are, by this notice, invited to make written submissions on the subject and send to the addresses below before close of business on Friday, March 19, 2021.”

According to the notice, all submissions must reach the Commission on or before Friday, March 19, 2021 and should be addressed to:

The Executive Vice Chairman

Nigerian Communications Commission

Plot 423, Aguiyi Ironsi Street, Maitama, Abuja

(Attention: Director, Licensing and Authorisation)

Or by email to: msyusuf@ncc.gov.ng

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