Thursday, March 23, 2023
No Result
View All Result
SUBSCRIBE
eNaira Online News
  • Home
  • eNaira
  • Capital Market
  • Business
  • Finance
  • Banking
  • PF
  • Companies
  • Crypto
  • Real Estates
  • Opinion
  • Home
  • eNaira
  • Capital Market
  • Business
  • Finance
  • Banking
  • PF
  • Companies
  • Crypto
  • Real Estates
  • Opinion
eNaira Online News
No Result
View All Result

Lagos now closer to its smart city dream with 5G technology —Sanwo-olu

by e-Naira Online News
January 27, 2023
in Business
Reading Time: 3 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


The Governor of Lagos State, Babajide Sanwo-Olu, has said that the State is now closer to realizing its dream of becoming a smart city with the deployment of 5G technology in the state.

The Governor stated this on Thursday at the Lagos launch of the 5G network by MAFAB Communications (Mcom).

Speaking at the launch, Governor Sanwo-Olu, who was represented by the State’s Commissioner for Science and Technology, Akeem Fahm, said the overall objective of the administration is to harness technology to enhance and empower the residents and investors in Lagos to achieve the transformation of Lagos State into a smart City Hub in Africa.

The 5G opportunity: Expressing the confidence that the 5G technology will bolster the government’s efforts in the smart city drive, the Governor said:

  • “I am now very optimistic that we will achieve resounding success because the opportunity that the Mcom5G network represents has met our preparedness part of which is the country’s technology hub found in the Yaba district of Lagos, which when completed will be our own African Silicon Valley.”

The Governor noted that Mcom, though relatively new in the telecommunications industry, has recorded a milestone achievement in the tech space through the launch of the 5G Network.

  • “I want to commend the management of MAFAB Communications for working hard to deliver this next-level technology that outguns the 4G network by a very wide margin. As such, its capabilities exceed expectations. 
  • “It is a fact that the contribution of the telecommunications industry has been a significant economic driver for Lagos State in particular and Nigeria as a whole, contributing more than $70 Billion and helping to create over half a million jobs. The prospects of what we can accomplish with the 5G network, which is the next-level technology, fills me with high hopes for the future of the different sectors of our economy, most especially the Security sector,” Governor Sanwo-Olu said.

Mcom which is rolling out a 5G network in 6 cities across the country in the first phase of its rollout obligation, including Kaduna, Kano, Enugu, and Port-Harcourt, landed in Lagos after a launch in Abuja on Tuesday.

5G in Nigeria: Highlighting the impacts the 5G technology will have on Nigeria as a country, the Chairman of MAFAB Communications, Dr Mushabu Bashir, said:

  • “Putting things in proper perspective; Mcom will play a major role in advancing new technologies that will push Nigeria beyond just being a consumer of technology but a country playing an active role in developing and implementing new technologies.
  • “It will also enable our country to take its position as a global technology hub in Africa and the world at large. You may have heard it before, but it bears re-telling that the 5G network will usher into this country a wide array of business opportunities, wherein various business outfits will expand their frontiers with operational ease and speed, especially in the fields of education, medical sciences, engineering, security, businesses like the banking sector, SMEs, smart cities, transportation, entertainment, etc., and allow Nigerians meet the long-term goal of ensuring that everybody is connected.”

MAFAB was issued the 5G licence alongside MTN in December 2021 as the first 2 companies to deploy the technology in Nigeria. Airtel also secured the licence in December 2022 to become the 3rd operator and the company is also expected to roll out the service this year.

Related



Source link

Tags: cityCloserdreamLagosSanwoOluSmartTechnology
Previous Post

ALAT Launches Campaign To Promote Stronger Savings And Investment Culture In 2023 

Next Post

The good, the bad, the ugly sides of Oyebanji’s 100 days in office

Related Posts

Nigeria Air to begin operation before May 29 — Minister
Business

Nigeria Air to begin operation before May 29 — Minister

by e-Naira Online News
March 23, 2023
Prospect for nuclear power development in Nigeria
Business

Prospect for nuclear power development in Nigeria

by e-Naira Online News
March 23, 2023
Dangote Cement shareholders to earn N340bn dividend on approval
Business

Dangote Cement shareholders to earn N340bn dividend on approval

by e-Naira Online News
March 23, 2023
NSIB, LASEMA, NRC partner to enhance safety on rail, roads | The Guardian Nigeria News
Business

NSIB, LASEMA, NRC partner to enhance safety on rail, roads | The Guardian Nigeria News

by e-Naira Online News
March 23, 2023
FCMB Group issues N20.68 billion bond | The Guardian Nigeria News
Business

FCMB Group issues N20.68 billion bond | The Guardian Nigeria News

by e-Naira Online News
March 23, 2023
Next Post
The good, the bad, the ugly sides of Oyebanji’s 100 days in office

The good, the bad, the ugly sides of Oyebanji's 100 days in office

Financial steps you must take before you relocate abroad

Financial steps you must take before you relocate abroad

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Ooni elevates shopping experience in Osun community, builds N900m mall

Ooni elevates shopping experience in Osun community, builds N900m mall

March 14, 2023
Naira redesign to promote financial inclusion, tackle banditry — CBN

Naira redesign to promote financial inclusion, tackle banditry — CBN

February 11, 2023
Tinubu’s campaign spokesman warns Igbo against ‘interfering’ in Lagos politics

Tinubu’s campaign spokesman warns Igbo against ‘interfering’ in Lagos politics

March 19, 2023
Realtors optimistic, foresee growth under Tinubu’s presidency

Realtors optimistic, foresee growth under Tinubu’s presidency

March 14, 2023
IFMA conduct tour of BRICS Property to ensure standards

IFMA conduct tour of BRICS Property to ensure standards

March 14, 2023
Firm, bank in N5bn pact to facilitate relocation of building materials dealers

Firm, bank in N5bn pact to facilitate relocation of building materials dealers

March 14, 2023
Live Update: Governorship and State Assemblies Elections

Live Update: Governorship and State Assemblies Elections

March 18, 2023
Tinubu’s cabinet ready 30 days after inauguration – Alake

Tinubu’s cabinet ready 30 days after inauguration – Alake

March 19, 2023
Nigeria Air to begin operation before May 29 — Minister

Nigeria Air to begin operation before May 29 — Minister

March 23, 2023
Nigerian Exchange closes negative as investors lose N7 billion

Nigerian Exchange closes negative as investors lose N7 billion

March 23, 2023
Terraform Labs Co-Founder Do Kwon Arrested in Montenegro, Says Interior Minister – Bitcoin News

Terraform Labs Co-Founder Do Kwon Arrested in Montenegro, Says Interior Minister – Bitcoin News

March 23, 2023
UK to ban TikTok from parliament’s devices

UK to ban TikTok from parliament’s devices

March 23, 2023
Consider A Corporate Booking Tool For Your Business

Consider A Corporate Booking Tool For Your Business

March 23, 2023
Prospect for nuclear power development in Nigeria

Prospect for nuclear power development in Nigeria

March 23, 2023
Implication and prospects of government debt to the Nigerian economy

Implication and prospects of government debt to the Nigerian economy

March 23, 2023
Gainers and losers of CBN’s cash swap, naira redesign policy

Gainers and losers of CBN’s cash swap, naira redesign policy

March 23, 2023

Get the free newsletter

eNaira Online News

Get the latest news and follow the coverage of eNaira, Business & Financial, Stock Market, Analysis, and more from the trusted sources.

CATEGORIES

  • Banking
  • Business
  • Capital Market
  • Companies
  • Crypto
  • eNaira
  • Finance
  • Opinion
  • Personal Finance
  • Real estate
  • Uncategorized
No Result
View All Result

GET THE FREE NEWSLETTER

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 e-Naira Online News.
e-Naira Online News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • eNaira
  • Capital Market
  • Business
  • Finance
  • Banking
  • PF
  • Companies
  • Crypto
  • Real Estates
  • Opinion

Copyright © 2022 e-Naira Online News.
e-Naira Online News is not responsible for the content of external sites.