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Published On: Thu, Jun 6th, 2019

After MTN, NCC expects Airtel, Glo, 9mobile to List on NSE

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By Etuka Sunday

The Nigerian Communications Commission (NCC) has disclosed that after the listing of telecom giant, MTN on the Nigerian Stock Exchange (NSE), the other three are expected to follow suit as the commission will set a time line for them to do so.
Executive Commissioner, Stakeholders Management, Mr. Sunday Dare made this disclosure while speaking to ICT correspondents under the auspices of the Nigerian Information Technology Reporters Association (NITRA) at the commission’s cooperate headquarters in Abuja.
Mr. Sunday Dare has disclosed that though Airtel has plans to list on the London Stock Exchange ((LSE), he thinks the operator would also list on NSE, saying that the commission will give a time line for them all to list on the NSE.
“After MTN, Airtel has announced that they are going to list on the London Stock Exchange (LSE) and I think part of their plan is get listed on the LSE and perhaps come. The moment MTN has did it (got listed on the NSE); it is expected that other operators will also and I think they are working on it. We will set a time line (for the others to get listed); Airtel is talking to SEC though I know it is a process actually and and we expect that the big four (Glo, Airtel and 9mobile will also be listed with MTN that has already been listed)”, he said.
He recalled that, “the Federal Executive Council (FEC), late last year gave a directive that all data collecting agencies such as NCC and FRSC should submit all their data collected to National Identity Management Commission (NIMC) to create a national citizens database. That is the bases of any nation’s national security.”
He continued by saying, “the NCC worked with the office of the National Security Adviser (NSA) 2017/2018 to agree on four different kinds of identity cards that will be accepted as the minimum every Nigerian should have one them; the PVC, the Drivers license, the national ID or the international passport such that whichever one you present can be queried in a citizens database.”
According to him, the biggest development however, is that “towards creating a citizens database, we are moving to a regime in which we would need ten fingerprints for biometrics. What we had in the past was five finger but the one one that is being developed for the citizens database being put together by NIMC is ten. There is a committee working on it. As this will also server as a boast to national security, planning and development,” he said.

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