5G Auction: NCC Clears Air On Senator Bola Tinubu’s Connection To Mafab Communications

- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -
NCC Logo

The Nigerian Communications Commission (NCC) has clarified its stance on the alleged connection of a former governor of Lagos State, Sen. Bola Tinubu, to Mafab Communications Limited, one of the winners of the 5G spectrum bids.

A statement released by the commission, signed by its director of public affairs, Dr. Ikechukwu Adinde, clarified that the commission was unaware of his connection to the company.

“In the course of its routine media review, today, December 15, 2021, the Nigerian Communications Commission (NCC) became aware of publications in some online media channels alleging the involvement of Senator Bola Ahmed Tinubu, a former governor of Lagos State, in Mafab Communications Limited, one of the winners of the 5G spectrum sold by the commission in a public auction conducted on Monday, December 13, 2021, at the Transcorp Hilton, Abuja.

 “It bears restating that, consistent with the commission’s long-established regulatory culture and tradition, the process leading to the auction of the 5G spectrum was open, fair and transparent in the most, as the public auction followed a rigorous due process and was witnessed by a cross-section of stakeholders as observers, including the media, the Association of Telecom Companies of Nigeria (ATCON), the Independent Corrupt Practices  and Other Related Offences Commission (ICPC) as well as civil society groups.”

 It further said Mafab Communications Limited is a corporate entity duly licensed by the commission to conduct telecommunications business. The company, which is in good regulatory standing with the commission, currently holds international data access (IDA), inter-connect data exchange (IDE) and Value-Added Service (VAS) licences.

“It is pertinent to state that the Information Memorandum (IM) for the auction of the 3.5 gigahertz (GHz) spectrum set out eligibility criteria for participation of interested bidders in the auction, which included that new companies could participate in the bid.

“Over the years, the NCC has had spectrum auctions and as an independent regulatory agency, has maintained an undisputable reputation of successful auctions based on openness, fairness and transparency – a fact widely acknowledged locally and internationally. NCC’s auction proceedings conform to international best practice, devoid of any undue influence or interferences whatsoever.

“A higher standard of integrity and openness was emplaced in the 5G auction as the process was, for the first time, witnessed by the public both physically and virtually through a link provided by the commission on its official website.

“The commission would like to assure Nigerians that, following the successful auction of the 5G spectrum, it is prepared to drive the implementation of the next phase of the deployment of the new technology, in line with the Federal Government’s approved plan, for the benefit of all citizens,” it added.

Website | + posts
- Advertisement -

Leave a Reply

get in touch


Latest News

Related Articles