The Nigerian Communications Commission (“NCC”) further to its mandate as the regulator of the communications industry has lifted the suspension on the Spectrum Trading Guidelines (the “Guidelines”), 2018.

As you may recall, the NCC had, earlier in May 2020, suspended the Guidelines in order to review the Guidelines with the objective of optimising the usage of an erstwhile scare spectrum.

The review of the Guidelines is still a work in progress, nonetheless, the NCC has made a judgment call to reinstate the Guidelines to allow for trading of spectrum resource on the secondary market through Transfer, Sharing, or Leasing (TSL) upon satisfying stipulated regulatory conditions.

We expect that with the lifting of the suspension on the Guidelines, stakeholders can continue with trading of spectrum pending the finalization of the review of the Guidelines.