Stakeholders in the telecommunication industry have been assured that Nigeria’s telecom regulatory framework has been designed to address the challenges that may arrive with the advancement of the Internet of Things (IoT) in the country.
Speaking at a Stakeholders Consultative Forum on Regulatory Roadmap for IoT Ecosystem in Nigeria, Isa Ibrahim Pantami, Minister of Communications and Digital Economy stated that the country has already exhibited its preparedness to harness the potential of this new service, as demonstrated in the reduction in incidences of cybercrimes in Nigeria over the past two years.
Pantami emphasized the need for the type of consultations and brainstorming being hosted for IoT, as the International Data Cooperation (IDC), adding that by 2025, there will be about 46.1 billion IoT devices that are going to be interconnected globally…and through this connection, the data to be generated will be up to 79.4 zeta bytes.
The minister further said that IoT is crucial to present-day emergent technologies considering its connectedness to devices in facilitating productivity, minimize waste as well as ensuring a faster decision-making process where a massive amount of data can be analysed and presented for decision making.
Umar Danbatta, Executive Vice Chairman/Chief Executive Officer of the Nigeria Communications Commission (NCC) said the process of undertaking its responsibility of regulation, the NCC has made it a consistent practice to interact with experts and key players in the industry on how best to facilitate the development of robust regulations for emergent technologies in the country.
Danbatta said this consultation presents a unique opportunity to appraise the emergence and future deployment of IoT products and services for the benefit of consumers in Nigeria.
In a panel discussion, featuring experts from various sectors of the ICT industry, the challenges and prospects of IoT within the Nigerian telecom ecosystem were reviewed, with a view to preparing the country for the future application of IoT products and services.