Telecom
DMSI Tackles Unemployment by Giving Young Women a Voice in the Digital Economy
Digital Marketing Skill Institute (DMSI) a global digital marketing edutech company that uses digital technologies to accelerate the development of digital marketing talents while matching them with organizations globally either as employees or entrepreneurs (freelancer or agency) has partnered with the Challenge Fund For Youth Employment (CFYE) which is funded by the Netherlands Ministry of Foreign Affairs to launch “Digital Marketing Women Employability and Entrepreneurship Programme (DM-WEEP)”, a programme designed to train, match and create digital marketing jobs for 4,500 women.
The programme which is co-funded by Dutch Government aims to empower young women in Nigeria within the ages of 20-35 is set to boost the employability of these women with digital marketing and they will pay nothing upfront for the training until they are employed and earning a decent income.
Speaking on this development, Founder of Digital Marketing Skill Institute, Tobi Asehinde revealed that the initiative is in line with the organization’s mission to help and empower 1 million people by 2030 to start, grow and scale wildly profitable businesses and careers using digital marketing.
He further reviewed that the global market for Digital Marketing is estimated at US$350 Billion and male dominated however, with this programme we are giving women a voice and share in digital marketing industry that is male dominated.
“Digital marketing is one of the most desired industries where many women are interested in building a career but then, some of them are held back by the financial cost that is required to learn the skill. Digital Marketing Women Employability and Entrepreneurship Programme will be bridging that gap and empower many Nigerian women to pursue their dreams and build a global digital marketing career,” he stated.
Global figures show a startling economic disparity with women losing jobs at almost twice the rate of men and leaving over 47 million more women below the poverty line. And of course, due to the responsibilities that come with being pregnant or a nursing mother, some young women have had to lose their job or drop their career pursuit for the sake of being available to attend to taking care of their home. With a career in digital marketing, they won’t have to drop their ambitions because they are pregnant or nursing a baby, as it allows for flexible working conditions.
According to a research released at the beginning of the year by the National Bureau of Statistics (NBS), about 35.2% of women in the country are unemployed. The research also revealed that women account for only 43.3% of the working population in Nigeria.
At the same time, businesses have been forced to adopt digital technologies and channels to promote and operate their businesses as a result of the COVID-19 pandemic. This has resulted in an accelerated growth in demand for people with digital skills. There is an opportunity to match and create jobs here by training young people in digital marketing to assist these businesses to grow and thrive in a digital economy.
Mr. Asehinde said we have built an education technology solution to accelerate learning of digital skills and built 2 tech platforms called Accredital and Wizlancer to match learners to employment and self-employment opportunities from businesses around the world. We are really focused on not just training young people but connecting them to opportunities to earn a decent income.
Speaking on the initiative, the project manager Christiana Olawumi expressed her gratitude to Digital Marketing Skill Institute and Challenge Fund For Youth Employment for collaborating to help young women like herself meet their personal and career aspirations in the new digital economy.
In her words, “when we reduce the rate of unemployment in the country, there will be a reduction in community vices and our society will be a safe place to live”.
She went further to show her enthusiasm as she spoke about how much effort the project team has put in place to make sure that the programme is a success.
To ensure that the project has maximum impact and reaches women interested in digital marketing, Digital Marketing Skill Institute collaborated with Challenge Fund For Youth Employment, which is funded by the Netherlands Ministry of Foreign Affairs and seeks to create a prosperous future for young women across Nigeria.
Mr. Asehinde emphasized that such collaborations with CFYE are critical to the success of tackling unemployment in Nigeria which is currently at 33%, and re-emphasized DMSI commitment to partner with more governmental bodies, public/private companies, Foundations, Non Government Organizations (NGO’s) to achieve its goal of empowering and securing a better future for Young Women in the Digital Economy.
“Digital Marketing Women Employability and Entrepreneurship Programme” is one of the many strategies we are using to achieve our mission.
A recent Groupe Spécial Mobile Association (GSMA) digital economy report has cast a spotlight on the significant contributions of Nigeria’s telecom sector to the nation’s GDP, highlighting its crucial role in driving economic growth and development.
Released amidst growing interest in the Nigerian telecom landscape, the report provides a comprehensive analysis of the sector’s impact on the country’s economic metrics. Key findings reveal that in 2023 alone, the telecom sector directly contributed 8% to Nigeria’s total GDP. However, when factoring in the wider ICT industries’ value-added contributions, this figure surged to an impressive 13.5%.
Beyond mere numbers, the report delves into the intricacies of the telecom sector’s influence on various economic sectors. It elucidates how the mobile industry’s cumulative contribution to Nigeria’s GDP reached an estimated 20 trillion NGN in 2023, accompanied by substantial tax revenue contributions totalling 2.8 trillion NGN. Such figures further highlight the sector’s role in driving fiscal revenues and national economic stability.
Moreover, the report sheds light on the transformative potential of the telecom sector in enabling digitalisation across key industries. Projections indicate that by 2028, sectors such as agriculture, manufacturing, transport, trade, and government are poised to witness a remarkable GDP increase of approximately 2 percentage points.
This surge is expected to generate an additional NGN 1.6 trillion in tax revenue, marking a significant milestone in Nigeria’s quest for economic diversification and resilience.
“The telecommunications sector is the backbone of the digital economy. We have a strong appreciation of the fact that if we are able to improve the business environment and invest in the sector, we can continue to improve the level of productivity.
A country like Nigeria has significant opportunities to contribute to the world, but this is impossible without diversifying the economy”. Dr. Bosun Tijani, Minister of Communications, Innovation and Digital Economy added.
The report also highlights the vital role of 5G networks in enhancing operational efficiency across sectors through real-time data transmission and remote monitoring.
It spotlights the immense potential of digitalisation in sectors like manufacturing and trade, with the capacity to add trillions in industry value and generate substantial employment opportunities and tax revenues.
Despite these promising revelations, the report also acknowledges the challenges faced by the telecom sector, particularly its capital-intensive nature.
The report’s findings beckon a clarion call for concerted efforts to leverage the telecom sector’s potential as a catalyst for economic advancement. With the right policies and investments, Nigeria stands poised to harness the full spectrum of opportunities offered by its vibrant telecom landscape, driving inclusive growth and prosperity for all.
While the advocacy for tariff increase remains under deliberations, revelations in the latest Groupe Spécial Mobile Association (GSMA) digital economy report have watered the ground for an increased tariff increase advocacy. The report, offering a deep dive into the sector’s dynamics, provides compelling arguments for adjusting tariffs to ensure sustainability and growth.
L-R: Juergen Peschel, Chief Executive Officer, 9Mobile; Dr. Bosun Tijani, Honourable Minister of Communications, Innovation, & Digital Economy; Dr. Aminu Maida, Executive Vice Chairman, Nigerian Communications Commission; Gbenga Adebayo, Association of Licensed Telecommunications Operators of Nigeria (ALTON); Bella Disu, Executive Vice Chairperson, Globacom; Karl Toriola, Chief Executive Officer, MTN; Angela Wamola, Head of Sub-Saharan Africa, GSM Association (GSMA); Ibrahim Dikko, Chief Executive Officer, Backbone Connectivity Networks Nig. Ltd.; at the GSMA Nigeria Digital Economy Report launch in Abuja on May 9 2024.
Highlighted in the report is the telecom sector’s significant contribution to Nigeria’s GDP. In 2023 alone, it accounted for 8% of the nation’s total GDP, a figure that swelled to 13.5% when considering the broader ICT ecosystem. The mobile industry’s overall contribution to GDP was estimated at a staggering 20 trillion NGN, with substantial tax revenues of 2.8 trillion NGN.
The sector’s potential to drive digitalisation across various domains is of paramount importance. The report projects a significant boost in GDP across sectors like agriculture, manufacturing, transport, trade, and government, translating into nearly 2 million jobs and an additional NGN 1.6 trillion in tax revenues by 2028.
The promise of 5G networks is poised to revolutionise operations, particularly in critical sectors like oil and mining, with real-time data transmission and remote monitoring enhancing efficiency. Digitalisation, especially in manufacturing and trade, holds immense potential for value addition and job creation, promising billions in additional tax revenues.
Despite Nigeria’s noteworthy internet usage figures, with 29% of the population regularly online, the sector faces challenges. The country boasts the lowest-cost data baskets in Africa, yet maintaining competitive mobile data network speeds remains essential. With an average speed of 21Mbps, Nigeria’s performance is comparable to neighbouring countries, underscoring the need for sustained investments.
However, sustaining this growth requires recognizing the capital-intensive nature of the telecom sector. Operators must continually invest in network maintenance and expansion, necessitating a conducive regulatory environment that ensures fair returns on investments.
Chairman, Association of Licensed Telecom Operators of Nigeria (ALTON), Gbenga Adebayo, commenting during the report launch, said, “We raised several issues on the state of affairs of the telecom industry, and among the challenges articulated is the return on investment, stability of the infrastructure and the need for pricing rights. As an ecosystem, tariff hike is one of the sensitive issues affecting the telecom sector and has to be addressed by all stakeholders. We need to look at the state of affairs of the industry and examine holistically. There are ongoing obligations to our end users including infrastructure security. Tariff increase is a solution to solve multiple challenges of the telecom industry.“
The GSMA report positions the ongoing tariff adjustment deliberations as a strategic move to secure the sector’s long-term viability. With Nigeria’s digital future at stake, finding a balance between affordability for consumers and sustainability for operators is paramount to ensure continued growth and innovation in the telecom landscape.
Gbenga Adebayo, chairman, Association of Licensed Telecom Operators of Nigeria (ALTON) has said the telecoms sector should not be a palliative to solve economic woes.
Gbenga Adebayo, chairman of ALTON,
He made this call during his address at the Groupe Spécial Mobile Association (GSMA) digital economy report launch which took place in Abuja.
According to Adebayo, the telecom industry faces numerous challenges that hinder its growth and development.
He emphasized the need for sustainable investment, effective regulation, and a conducive business environment to drive progress.
The GSMA digital report, launched May 9th 2024, 2024, highlights the telecom’s 8 percent contribution to Nigeria’s GDP and 13.5% when considering the broader ICT ecosystem.
The report also highlights the significant challenges plaguing the industry including investment challenges, right of way, multiple taxation, and regulation.
Adebayo highlighted the existence of over 45 associated charges and levies on operators, despite the supposed removal of right of way costs.
He said that it creates an unfavorable business environment, discouraging investment and hindering the industry’s ability to deliver quality services.
He also stressed that regulatory interference and the lack of independence for the regulator exacerbate the problem.
The price review should be a simple regulatory process.
The public debate this has gained makes it appear the industry is insensitive to people’s concern.
“While the government tries to provide incentives for the public on account of ongoing macroeconomic headwinds, the telecoms sector should not be used as a palliative to solve the people’s problem. We must price right to sustain the industry; we must price right to have the right investment,” , Adebayo said.
He concluded that the industry must be allowed to operate sustainably, with the right investment and regulation, to deliver quality services and drive economic progress; encouraging stakeholders, including policymakers, regulators, and operators, to work together to address the challenges facing the industry, in order to drive economic growth, and fulfill its potential as a critical sector in Nigeria’s economy.
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