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Presidency Mulls 1st National Cybersecurity Forum Nigeria

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Office of the National Security Adviser (ONSA) in the Presidency will host a National Cybersecurity Forum from June 18 to 19 at Eko Hotel & Suites, Victoria Island in Lagos.

Nigeria CommunicationsWeek had in its last editorial highlighted the dangers of delays in the passage of the Cyber Crimes Bill and the effect of the present Bill would have should the content be passed un-reviewed. See the link: www.nigeriacommunicationsweek.com.ng/e-business/concerns-over-the-cybercrime-bill

The Forum is organized to harness stakeholders’ input into the National Cybersecurity Policy framework that has been drafted by ONSA and to build a national consensus on the Roadmap.

According to a press statement released by the office, the first day of the event will focus on Cybersecurity Strategy Bootcamp for selected industries and professionals, while the second day of the forum is specifically for key decision makers and captains of industry.

At issue are the growing and inescapable threats posed to national security by cyberspace.

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The focus of the forum seems would appear to be public-private sector partnership and multi-stakeholder engagement to address these cyber challenges.

In addition to harnessing stakeholders input into the policy framework on Cybersecurity, organizers include building national consensus on National Cybersecurity Roadmap; and facilitating a unified e-security foundation for Digital Nigeria through a coordinated effort s additional objectives.

“Objectives above will lead to national consensus building towards the acceptance and the adoption of the policy and strategy documents.

It aims to facilitate a trusted relationship required for effective implementation and partnership on cybersecurity in the country”.

Special Highlight of the program is: Presentation of the Draft National Policy Framework on Cybersecurity & Overview of National Cybersecurity Strategy.

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The Forum is targeted at Captains of Industry & Corporate decision makers; Civil Society Organizations; Press and Media industry; Academia; Law Makers; Legal industry; State Governments; Federal Ministry of Communication Technology; Federal Ministry of Information; National Information Technology Development Agency(NITDA); Nigerian Communications Commission (NCC); Nigeria Communication Satellite (NigComsat) and Galaxy backbone.

Others are the Central Bank of Nigeria (CBN); National Space Research & Development Agency ; Nigeria Police Headquarters; Federal Ministry of Justice; Federal Ministry of Trade & Investment and Defence Headquarters.

Also, Federal Ministry of Education; National Orientation Agency; Economic & Financial Crime Commission (EFCC); Nigeria Intelligence Agency (NIA); State Security Service (SSS) and Ministry of Youth Development are expected to grace the Forum.

 

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Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

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Ogba Ogbaga, an Abuja-based lawyer, has said that he has been instructed to institute legal proceedings against MTN Nigeria, Airtel Nigeria, Globacom, 9mobile and MultiChoice Nigeria, operators of DStv, over what he described as unfair consumer practices relating to expiring data bundles and television subscriptions.

Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

In a statement posted on Facebook, Ogbaga said his law firm, GIMBG Legals, received instructions from its client, KAA, also known as KaaTruths, to challenge the companies’ subscription policies in court.

According to him, the proposed suit will question whether telecom operators and DStv’s subscription models comply with provisions of the Federal Competition and Consumer Protection Act (FCCPA) 2018 and other applicable laws.

Ogbaga alleged that telecom providers operate internet data services that are unfair to consumers, claiming subscribers sometimes do not receive the services they paid for but still lose their subscriptions once the validity period expires.

He also criticised DStv’s subscription model, arguing that consumers lose paid viewing time due to factors such as power outages, adverse weather conditions and service interruptions, while subscriptions continue to count down regardless.

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“Our clients have complained that MTN data services are unduly one-sided,” Ogbaga said, adding that the legal action would also extend to other telecommunications providers and DStv.

He said the court action would seek judicial determination on whether the companies’ subscription practices comply with consumer protection laws.

The lawyer also invited interested legal practitioners to collaborate on the case, saying his firm would provide updates as the matter progresses.

In a separate Facebook post on Wednesday, Ogbaga said previous policy discussions, town hall meetings and debates at the National Assembly had failed to address the concerns raised by consumers.

He argued that telecom operators regularly carry out maintenance and network upgrades that temporarily disrupt services without extending customers’ subscription periods, while DStv subscribers also lose viewing time because of electricity outages and weather-related disruptions.

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NAICOM Issues New Licences to 43 Recapitalized Insurers

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The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the industry’s new minimum capital requirements, marking the formal beginning of a new regulatory era aimed at strengthening the financial capacity, governance and global competitiveness of Nigeria’s insurance sector.

At a ceremony held at the Commission’s headquarters in Abuja, the Commissioner for Insurance, Olusegun Ayo Omosehin, presented the new licence certificates to compliant operators, describing the exercise as a major milestone in the industry’s recapitalisation programme.

According to the Commission, a total of 43 insurance companies declared compliant with the new capital requirements are expected to receive the new licence certificates in phases.

Omosehin congratulated the successful companies, saying the issuance of the new licences signals the beginning of a stronger regulatory framework anchored on improved capitalisation, sound corporate governance, innovation and sustainable growth.

He urged operators to leverage their enhanced capital base to develop innovative insurance products, improve operational efficiency and deepen insurance penetration across the country.

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The Commissioner said the Commission expects the recapitalised companies to deliver stronger financial performance while maintaining high standards of professionalism and customer service.

He also announced that NAICOM’s next major regulatory initiative would be the implementation of the Risk-Based Capital (RBC) framework, under which insurers’ capital levels would be aligned with the risks inherent in their respective business portfolios.

According to him, the new framework will further strengthen the industry’s resilience by ensuring that insurers maintain capital commensurate with the risks they underwrite, thereby enhancing policyholder protection and boosting market confidence.

Omosehin reaffirmed the Commission’s commitment to removing regulatory impediments where necessary while maintaining effective oversight to safeguard policyholders and strengthen confidence in the insurance market.

The issuance of the new licence certificates marks the commencement of a phased transition to higher capital standards aimed at improving the financial capacity, solvency and claims-paying ability of insurance companies operating in Nigeria.

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Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

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Management of Nigeria CommunicationsWeek Media has withdrawn its publication titled “Adefolarin Ogunsanya and the Allegations of Shareholder Interference and Self-Dealing at Pan African Towers,” which was published on its platform.

Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

The decision to retract the story follows an editorial review to ensure that the platform maintains the highest standards of accuracy, fairness and responsible journalism in reporting matters that are the subject of ongoing judicial proceedings.

Nigeria CommunicationsWeek acknowledges that the issues raised in the publication remain before the courts and have not been finally determined.

Accordingly, the organisation has decided to remove the article from its platforms pending the conclusion of the legal processes or the availability of additional verified information.

The publication regrets any inconvenience or misunderstanding the report may have caused to readers or any individuals or organisations mentioned in the story.

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Nigeria CommunicationsWeek remains committed to the principles of balanced, factual and ethical journalism and will continue to uphold professional standards in its coverage of judicial and corporate governance matters.

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