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Nigeria-USA Chamber of Commerce (NUSACC) Hosts its 1ST International Virtual Trade & Investment Summit

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The Food and Agricultural Organization (FAO) says that an estimated 931 million tons of food, or 17 percent of total food available to consumers in 2019, went into waste, that is, at the retail and home levels.

FAO confirms that 14 percent of the World’s food is lost from post-harvest up to (but not including) the retail level, saying, “As we improve our estimates, we will know whether the order of magnitude of the problem is comparable to earlier estimates of around 1/3 of the World’s food lost or wasted every year.”

It indicates that the loss is more pronounced in developing economies with poor facilities for proper harvest, transportation, cold chain and storage facilities.

In Nigeria, according to the former Minister of Agriculture, Chief Audu Ogbeh, about 30 percent to 40 percent of food crops produced in Nigeria were ultimately lost and wasted.

It is in addressing the problem of food processing and preservation in Nigeria that the Nigeria-USA Chamber of Commerce (NUSACC) is hosting its 1st Virtual International Trade and Investment Summit.

The virtual Summit, hosted in collaboration with the Collaborative Chambers Alliance (CCA), a 18-member Chambers of Commerce group and the Cleveland Public Library is scheduled visually on October 27, 2021, in Cleveland, Ohio.

The Keynote Speaker at the invitation-only event is Dr. ABC Orjiako, a Nigerian industrialist with vested interests in almost all sectors of Nigerian economy including Oil and Gas.

He is the Chairman of Seplat Energy, Plc, the only Nigerian company listed on the British Stock Exchange and based in Ikoyi- Lagos Other special guests and speakers include, the Ambassador of the Federal Republic of Nigeria to the United States,

Dr. Mrs. Uzoma Emenike and Alhaji Sani Dangote, President /Vice President Nigeria Agribusiness Group/Dangote Group Plc. President, Collaborative Chambers Alliance (CCA), Mr. David Nedrich, and Executive Director, Greater Cleveland Chinese Chamber of Commerce, Mr. Su He, Esq.

Nigerian food processing and preservation businesses cover a series of industrial activities directed at the processing, conversion, preparation, preservation, and packaging of foodstuffs for human consumption. There are several companies involved in the processing of food products in Nigeria, each having different specialization.

Speaking about the event the CEO of NUSACC, Mr. Lee Kareem said that about 200 participants representing various Nigerian entrepreneurs and those seeking information about the processing and packing of Nigerian food products to international markets especially to the United States are anticipated to attend the virtual summit.

He remarked that the Nigeria-USA Chamber of Commerce has hosted 5 summits since its inception, and this is the first to be hosted virtually.

He anticipated that the outcome of the summit will stimulate knowledge and interest in the Nigerian agricultural – food processing and preservation sectors looking outward to generate foreign exchange in a country that is heavily dependent on export of petroleum resources for its foreign exchange.

Mr. Kareem explained that NUSACC is a member of Collaborative Chambers Alliance (CCA) comprising of more than 18-member Chambers of Commerce in Ohio and International Chambers such like the Chinese American, French American, British American, Swedish American Chambers of Commerce that are involved in the activities of the Chambers, meaning that it is open land mine for exploration by exporters and entrepreneurs in Nigeria and the United States wishing to collaborate and do business.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Broadcasting

Transition to Digital TV to Unlock N605Bn New Revenue Streams  – NBC

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National Broadcasting Commission (NBC) has said that  its planned Digital Switch-Over (DSO) project will create access to Nigeria’s N605.2 billion advertising market for broadcasters and content creators.

Transition to Digital TV to Unlock N605Bn New Revenue Streams  – NBC

Speaking at a press conference, Charles Ebuebu, director-general, NBC, said the project is expected to officially launch nationwide on June 17, 2026, while analogue television broadcasting will completely end by December 31, 2028.

According to him, the switch from analogue to digital broadcasting will help government agencies deliver better television services across Nigeria in a way that is sustainable, reliable, and easier to regulate.

Ebuebu explained that digital broadcasting will allow broadcasters and content creators to earn more revenue because audience data can be measured more accurately.

He also said the project could benefit the economy through the release of valuable 700/800 MHz spectrum, which may generate more than $1 billion from future auctions.

The funds are expected to support digital infrastructure and expand broadband access in rural communities.

NBC added that Nigeria’s creative industry, which contributes about N5 trillion to GDP and supports more than 4.2 million jobs, could benefit from improved content distribution and export opportunities across West Africa using NigComSat-1R.

For consumers, NBC said the FreeTV service will not require monthly subscription payments. Households will only need a small satellite dish and an open-standard DVB-S2 decoder, estimated to cost between N15,000 and N25,000.

Broadcasters were encouraged to join the FreeTV platform and take advantage of an 18-month free carriage period.

However, the Commission noted that there is still an ongoing legal dispute involving local manufacturers over set-top boxes, although officials said this will not stop the national rollout.

On satellite expansion plans, Jane Egerton-Idehen, managing director and CEO, Nigerian Communications Satellite Limited,  said NIGCOMSAT 2A is expected in 2028, while NIGCOMSAT 2B is planned for 2029.

She added that backup arrangements have already been made to ensure uninterrupted service and that migration to the new system will happen gradually across different regions to avoid nationwide disruptions.

 

 


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NBC Sets 2028 Deadline for Full Digital Switch-Over

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National Broadcasting Commission (NBC) has unveiled a new “Big Picture” strategy aimed at achieving full nationwide Digital Switch-Over (DSO) by December 31, 2028.

NBC Sets 2028 Deadline for Full Digital Switch-Over

DSOis designed to provide Nigerians with superior picture and sound quality while unlocking an estimated N605.2 billion in advertising revenue and generating over $1 billion from digital spectrum auctions.

Charles Ebuebu, director-general of NBC, in a statement issued on Monday, said the revised strategy adopts a converged broadcasting model combining Direct-to-Home (DTH), Digital Terrestrial Television (DTT) and Internet Protocol (IP) systems to expand access to digital television services nationwide.

The Commission also announced June 17, 2026, as the official national launch date for the renewed rollout, describing the framework as a more practical pathway toward a sustainable and affordable digital broadcasting system after nearly two decades of delays.

Ebuebu, said that the transition is no longer being treated as a competition between technologies but as a unified access solution tailored to Nigeria’s geographic and infrastructure realities.

“The Big Picture strategy recognises convergence as the future of broadcasting and aligns with the 2012 DSO White Paper, which adopted both terrestrial and satellite standards including DVB-T and DVB-S2 technologies,” the statement said.

NBC said the Nigerian Communications Satellite Limited (NIGCOMSAT) would play a central role in national content distribution, particularly in underserved and remote areas where terrestrial infrastructure remains weak.

The Commission cited countries such as the United Kingdom, Australia, Kenya, South Africa and Morocco as examples of jurisdictions that successfully adopted hybrid digital broadcasting models to accelerate migration from analogue systems.

On affordability, NBC assured Nigerians that the proposed FreeTV platform would remain subscription-free for baseline access, adding that compatible DVB-S2 decoders currently cost between N15,000 and N25,000. It said discussions were ongoing on possible subsidy arrangements and financing options for low-income households.

The regulator also defended its plan to support both local manufacturing and transitional importation of set-top boxes, noting that Nigeria would require millions of devices over several years to complete the migration.

Beyond transmission, NBC disclosed plans to introduce a national audience measurement system under the GARB ratings framework to improve advertising transparency and broadcasting analytics.

It projected that the DSO programme could unlock Nigeria’s estimated N605.2 billion advertising market while also freeing up valuable digital dividend spectrum estimated at over $1 billion.

NBC further said Nigeria’s creative industry, valued at about N5 trillion and employing more than 4.2 million people, stands to benefit from expanded distribution channels and improved content monetisation.

Broadcasters, it added, would enjoy free carriage on the platform for 18 months, alongside wider national reach, indigenous language channels and improved commercial opportunities.

 


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STBMAN Warns of “Broadcasting Crisis”, Urges Tinubu to Halt NBC’s DSO

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Association of Licensed Set-Top Box Manufacturers of Nigeria (STBMAN) has warned that the unilateral implementation transition from analogue to digital broadcasting, could trigger confusion, legal disputes, and disruptions capable of undermining the credibility of the 2027 general election.

STBMAN Warns of "Broadcasting Crisis", Urges Tinubu to Halt NBC’s DSO

STBMAN urged President Bola Ahmed Tinubu to urgently intervene and halt what it described as a unilateral implementation process, pending wider consultations with stakeholders in the broadcasting industry.

Sir Godfrey Ohuabunwa, chairman of the association in statement in Abuja, faulted the current implementation process by the National Broadcasting Commission’s (NBC).

STBMAN said that although it supports Nigeria’s digital migration programme, the approach currently being pursued by the NBC appeared rushed and inconsistent with the 2012 Digital Switchover (DSO) White Paper approved by the Federal Executive Council.

The association argued that the arrangement being presented as a Digital Switchover was merely the aggregation of channels on NigComSat platforms rather than a fully Digital Terrestrial Television (DTT) migration as originally envisioned under the national DSO framework.

According to the group, failure to carry critical stakeholders along could erode public confidence, weaken access to information, and create avoidable disruptions in the broadcasting sector at a politically sensitive period ahead of the 2027 elections.

It noted that millions of Nigerians still depend on free-to-air broadcasting for information dissemination, civic education, election coverage,e and public enlightenment.

The group stressed that any poorly coordinated migration process could result in signal disruptions, public confusion, and unequal access to information during the election season.

STBMAN also expressed concern that the NBC risked creating a conflict of interest by acting simultaneously as regulator and content aggregator, contrary to the spirit of the 2012 White Paper and global best practices guiding digital broadcasting migration.

The association, therefore, called for an urgent national stakeholders’ roundtable, an independent legal and technical review of the DSO process, review and update of the 2012 DSO White Paper, nationwide public sensitisation on the implications of digital migration, and measures to protect local broadcasting and public interest.

It maintained that it was not opposed to digital migration but insisted that the process must be transparent, inclusive, lawful, and technically sound.

The group warned that failure to properly manage the transition could weaken democratic communication structures, waste public resources, and negatively affect national cohesion and the credibility of the 2027 elections.

“Mr. President, Nigeria cannot afford confusion in its broadcasting system at a time the nation is preparing for another critical democratic transition. The time to act is now,” the statement added.

Association of Licensed Set-Top Box Manufacturers of Nigeria, represents domestic electronics manufacturers responsible for producing the decoder boxes needed for the country’s transition from analogue to digital broadcasting.

 


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