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The Government of Nigeria has announced that it is ready to address the challenges that may arrive with the advancement of the Internet of Things (IoT) in the country.
This was said by the Minister of Communications and Digital Economy, Prof. Isa Ibrahim Pantami, at a Stakeholders Consultative Forum on Regulatory Roadmap for IoT Ecosystem in Nigeria, hosted by the Nigerian Communications Commission (NCC).
Pantami assured the nation that Nigeria has a robust telecom regulatory framework that is designed to adapt to new technologies that may arise as the industry is always evolving at rapid pace.
He emphasized the need for the type of consultations and brainstorming being hosted for IoT, as the International Data Cooperation (IDC) revealed 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 bites.”
Pantami added that IoT is crucial to present day emergent technologies considering its connectedness to devices in facilitating productivity, minimize waste as well as ensure a faster decision making process where massive amount of data can be analysed and presented for decision making.
Also speaking, Prof. Umar Danbatta, Executive Vice Chairman/Chief Executive Officer of the NCC, explained that, in 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.
“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,” he said.
Discussions on the challenges and prospects of IoT within the Nigerian telecom ecosystem were also reviewed, with a view to preparing the country for the future application of IoT products and services.
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