The successful auction of the 3.5GHz spectrum for the deployment of Fifth-Generation (5G) network has opened a new chapter in Nigeria’s telecoms industry.
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Biodun Omoniyi
BIODUN OMONIYI is the Chief Executive Officer, VDT Communications. In this interview with ADEYEMI ADEPETUN, he spoke on how challenges are limiting successes recorded in the telecoms sector since the revolution started two decades ago.
How has technological evolution from 2G to 5G impacted service quality?
Service quality is a factor of so many variants, including the ability to invest in infrastructure. We have moved from 2G to 2.5G and to 3G, 4G and 5G and all these technologies have positively impacted on the telecoms sector and other sectors of the economy. Most times, telecoms operators face insecurity challenges and threats to telecoms facilities and all these could affect service quality.
Prices of basic necessities including drugs, food, automobiles, spare parts and raw materials for industries have continued to rise with attendant negative effects on the purchasing power of the citizens.
The Brent crude is currently trading at $75.62 per barrel, a feat experts said should bring succour to Nigeria’s economy.
They believe that the naira would continue to suffer until Nigeria becomes self-reliant and net exporter and radically resuscitates the oil sector for the refineries to work efficiently.
According to them, the increase in oil prices had not directly translated to improve income for the ordinary people even as importers have to cough out a lot of naira to get the dollar and other foreign currencies in order to import goods.
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