The Nigerian Communications Commission (NCC), has said that Small and Medium Enterprises (SMEs) are very critical to creating wealth, employment, and economic prosperity and would play a key role in the efforts to fully restore the country’s economy.
Speaking, the Executive Commissioner, Technical Services in the Commission, Engr Ubale Maska, who stated this at the opening of the National SMEs/Entrepreneurship Forum for Start-ups in Emerging Technologies organised by the NCC in Abuja, observed that the transformative agenda of President Bola Tinubu is to turn around the economy through SMEs, Start-ups and other technological innovations.
The Commissioner, Maska, who was represented by Dr. Chidi Diugwu, the Head of New Media and Information Security at the Commission, said that the program represents a significant stride forward as it presents a platform for Start-ups to translate their innovative concepts into tangible reality and also presents an invaluable opportunity for entrepreneurs to acquire knowledge, expand their enterprises and contribute meaningfully to the advancement of our nation.
He said: “We are in a new era, one in which SMEs and Start-ups assume a leading role in propelling our economy forward, generating employment opportunity and shaping the trajectory of our collective future. Let us seize the opportune moment, nurture our spirits and collaboratively construct a prosperous future for our nation.”
Also speaking, the Acting Director, E-government and Regulation, National Information Technology Development Agency (NITDA), Mr Ben Ewah, observed that these innovations hold the key to unprecedented opportunities in sectors like healthcare, education and commerce.
He noted that technologies like 5G, IoT, and Al are not just reshaping global telecommunications but also presenting new paradigms in how we approach connectivity and data exchange.
According to Ewah, telecommunication in Nigeria is more than just a sector but a lifeline connecting us to the world and driving our nation’s progress.
Ewah informed that in recent years, Nigeria has witnessed remarkable growth and innovation in the field, fundamentally altering the landscape of Nigerian business and society for better.
Recall, in his welcome speech, the head of New Media and Security, Nigerian Communications Commission (NCC), Dr Chidi Diugwu, stated that the new media and information security department which is charged primarily with managing the IP resources of the commission decided that there is need to have this discussion with the attendees to make them know the huge resources available that are untapped and to provide the needed insight as to how they can tap into the existing IP resources.