Research & Development
The Research and Development (R&D) activities of the Nigerian Communications Commission involve conducting and supporting cutting edge research into emerging technologies that promote the better understanding of trends in the Telecommunications industry, and provide information/data to support the development of necessary strategies, standards and guidelines, and championing telecommunications-based innovations that provide life changing solutions to societal challenges.
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The Nigerian Communications Commission, the Regulator of the telecommunications industry in Nigeria, supports amongst other things, telecommunications-based research innovations from tertiary institutions in the country that are practical, locally realisable and have clear potential of contributing to the development of the telecommunications industry.
Pursuant to this objective the Commission invites proposals from academics in tertiary institutions that have feasible research ideas, capable of replacing or enhancing foreign technologies in the telecommunications ecosystem in Nigeria. It is envisaged that the initiative will help build capacity in the tertiary institutions and promote Nigeria’s contribution to the pool of technologies in use in the communications industry.
The Commission has awarded the 2020 Research Grants (Telecommunications-based Research Innovations from Academics in Nigerian Tertiary Institutions programme) to the tune of Fifty Four Million Seven Hundred and Five Thousand, Six Hundred and Thirty Two Naira, Fourteen Kobo (₦54,705,632.14) only to the five (5) tertiary institutions that were adjudged to have best responded to the Request For Proposals published in national dailies and on the Commission’s website and Social Media handles on Thursday July 3, 2020.
The impact of the ICT revolution is now evident in virtually all countries, Nigeria, inclusive. Hence, the phenomenal global transition toward a "digital economy" with an estimated worth of $11.5 trillion globally. Today in Nigeria, it is estimated that there are about 210-250 FinTech operators/companies operating in the Nigerian space, and these players have brought about the valuation of the industry to $153.1 million in 2017 and is projected to rise up to $543.3 million by 2022.
This study therefore intends to address and/or proffer possible practical and lasting solutions to the aforementioned challenges and problems regarding data and FinTech and its role in the development of the digital economy with Nigerian firms as a case study.
Understanding how Financial Institutions work and their willingness to adapt to trending technologies, partnership or funding FinTech firms, would propel rapid development of the Nigerian digital economy. Also, the results of the research would aid Regulatory decision making which is envisaged to lead to improved ICT infrastructure, reduce the number of the unbanked population, and foster increased due diligence and protection of citizens' data.
The NCC has over the years licensed many ISPs but findings show that not all are still in business. Internet Service Providers in the Nigerian telecommunications industry have been struggling to stay afloat due to challenges confronting their market to remain in business, expand operations and post profit after every financial year. As ISPs serve as the gateway to the internet and a digitized world, it is imperative to understand the reason for their demise as it has impact on the digitization agenda of Nigeria.
The objectives of this study are; to examine the challenges facing Internet Service Providers and their survivability in Nigeria, to identify the problems, challenges and prospects of the internet service sector, to find out the determinant factors that affect the expansion (growth) of the sector, to look at the reason why Internet Service Providers (ISPs) are failing in Nigeria, and to examine the contemporary positions and challenges faced by the ISPs in Nigeria and the nature of how they have continued to serve as obstacles to their survivability.
Technological penetration is the rate at which a specific technical innovation becomes adopted into the everyday life of individuals within a social group. One of the indices by which a nation’s growth and advancement can be measured is by technological endowment and penetration, not by the level of her endowment in natural and human resources.
This Research specifically examines the various challenges of technology penetration in Nigeria due to requisite infrastructure deficit and the role Public Private Partnerships and Government can play in closing the gap if a conducive environment is created. It also identifies factors that may threaten its success, as well as, policy frameworks that will enhance its success and suitability in Nigeria.