The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has urged business owners to adjust to the potential of disruptive technologies which have been adopted across the globe for enhanced productivity and sustainability.

He told the industry leaders and Information and Communication Technology (ICT) innovators, who gathered at the 2023 edition of the Information, Communication, Technology and Telecommunications (ICTEL) expo organised by the Lagos Chamber of Commerce and Industry (LCCI) over the weekend in Lagos, that advancements made in the global ICT industry have become business and enhancing.

Danbatta, who was represented by the Director of Consumer Affairs Bureau at the NCC, Alkasim Umar, said technology has always played a significant role in shaping the world people live in. He, however, said that in recent years, advancements have accelerated at an unprecedented rate.

The NCC helmsman said as the world grapples with the 4th Industrial Revolution driven by the Internet, advancements in many facets of ICTs, are fundamentally changing all aspects of people’s lives and reshaping economic, social, and cultural paradigms across the world.

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He listed such disruptive technologies to 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 which he said have demonstrated the potential of transforming industries and business models.

Danbatta said: “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.”

He further assured that the NCC’s strategic management plan represents 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 NCC boss added.

Also speaking at the event, the LCCI President, Dr. Michael Olawale-Cole, who appreciated the Commission’s efforts in providing a predictable telecom regulatory environment, noted that the theme of this year’s edition of the ICTEL Expo had been carefully chosen considering the far-reaching impact disruptive technologies are having on businesses around the world.

The highlight of the event was the presentation of LCCI Appreciation Award to Danbatta by the Vice President of LCCI, Leye Kupoluyi, in recognition of Danbatta’s contribution towards the success of the 2023 ICTEL Expo.

The Star