Some telecom industry stakeholders have hailed the Nigerian Communications Commission for what they described as efficient regulatory processes that have given verve to the realisation of the full digital economy in the country.

The stakeholders gave the telecom regulator the commendation at the opening of the AfricaNext show at the Landmark Event Centre in Lagos yesterday.

Specifically, the  Chief Executive Officer of CashToken Africa, Mr. Lai Labode, singled out NCC for the manner with which the Commission understands and supports the emergence of companies that have critical roles to play in actualising the dreams of the digital economy.

He noted that this understanding promises that Nigeria will make the desired impact in the future of the country’s Information and Communication Technology (ICT) development.

“NCC’s approach to transform the telecom industry and contribute to the Federal Government’s digital economy agenda is reflected in the diligence, speed and smartness in processing recent applications including that of CashToken, which has led to a major collaboration with Mobile Network Operators,” he said.

Other participants also spoke about the demonstration of commitment to efficiency in NCC’s operations and attainment of excellence in regulatory oversight, a key item in the Commission’s extant Five-Point Agenda for transforming the telecom sector.

CashToken Africa, operated by CeLD, is a Nigerian company advocating performance-based customer rewards and nudging firms to reward their customers with life-transforming rewards.

He spoke at CashToken Africa’s forum at the 2023 AfricaNXT conference focused on, “Socially Smart Business Models: Universal Cash Reward, Direct Sales Gamification and Wealth Redistribution.”

NCC is one of the sponsors and key agencies participating in the AfricaNXT event and will take to the stands on Thursday, 9th February 2023, from 1.00 pm-2.00 pm, at the FutureNow Stage, with a theme that will focus on its mandates and efforts towards the realization of the digital economy agenda of the Federal Government.


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