The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta, delivered valuable advice to businesses during the 2023 Information, Communication, Technology, and Telecommunications (ICTEL) expo held by the Lagos Chamber of Commerce and Industry (LCCI) in Lagos. He emphasized the need for businesses to adapt to the potential of disruptive technologies that have been globally adopted, aiming to enhance productivity and sustainability.
In his speech, Mr. Danbatta highlighted the significant role technology has always played in shaping the world. However, he pointed out that recent years have witnessed an unprecedented acceleration in technological advancements, especially with the 4th Industrial Revolution driven by the Internet. This revolution is fundamentally changing all aspects of people’s lives and reshaping economic, social, and cultural paradigms worldwide.
The disruptive technologies mentioned by Mr. Danbatta include Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Blockchain Technology, Virtual Reality (VR), Augmented Reality (AR), Fifth Generation (5G), and other emerging technologies. These innovations have demonstrated their potential to transform industries and business models.
He urged businesses to embrace innovation and adapt to the changing landscape brought about by the ongoing digital revolution. Companies that are agile and willing to experiment with these emerging technologies will gain a competitive advantage in their respective industries.
Furthermore, Prof Danbatta assured the audience that the NCC’s strategic management plan reflects the Commission’s commitment to leveraging technology and innovation to drive positive change and transform industries.
“Today, we find ourselves amid a digital revolution, where the boundaries between physical and virtual worlds are blurring. So, as we navigate the era of tech disruptions, it is crucial for businesses to embrace innovation and adapt to the changing landscape. Companies that are agile and willing to experiment with these emerging technologies will gain a competitive advantage in their respective industries,” Danbatta said.
The NCC CEO further ascertaned that the NCC’s strategic management plan mirrors the Commission’s commitment to leveraging technology and innovation to transform industries and drive positive change.
“By embracing tech disruption, we are empowering individuals, businesses, and communities to thrive in the digital age. Together, let us build a Nigeria where technology is a catalyst for inclusive growth, innovation flourishes, and the benefits of connectivity reach every Nigerian,” the EVC said.
Dr. Michael Olawale-Cole, the President of LCCI, expressed his gratitude for the Commission’s efforts in establishing a stable and predictable regulatory environment for the telecommunications sector. He highlighted the significance of this year’s ICTEL Expo theme, which carefully addressed the profound impact of disruptive technologies on businesses worldwide.
NCC’s Zonal Controller in Lagos, Engr. Yomi Arowosafe, was among the distinguished attendees at the highly attended ICT Expo. During the event, he had the honor of receiving an LCCI Appreciation Award on behalf of Prof. Danbatta, presented by Leye Kupoluyi, the Vice President of LCCI. The award was given in recognition of Prof. Danbatta’s valuable contributions to the success of the 2023 ICTEL Expo, which took place on July 25 – 26, 2023, at the Landmark Event Centre in Victoria Island, Lagos.