Connect with us

Telecom

PDP Alleges Corruption, Calls Buhari Out over MTN Mega Fine

Published

on

Kindly share this post

Peoples Democratic Party (PDP) has said that President Muhammadu Buhari and his administration have questions to answer on allegations of corruption that have pervaded the recovery of the N1.03 trillion fine imposed on MTN Nigeria.

 

PDP also asked the President to explain how the sum was allegedly reduced to N330 billion, especially in the face of allegations that certain interests in the Presidential Villa, said to be very close to the President, “took a bribe of N500 million” before the reduction.

 

Abubakar Malami, minister of Justice and Attorney General of the Federation (AGF), had after the Federal Executive Council (FEC) meeting on Wednesday, disclosed that the Federal Government approved the payment of N500 million to a team of external lawyers including seven Senior Advocates of Nigeria, who facilitated the recovery of the fine slammed on the telecommunications giant.

 

Malami said: “The Federal Government engaged the services of lawyers to put up defence on its behalf.

 

As a result, the parties eventually settled the case amicably. And arising from that settlement, the lawyers were entitled to their fees.

 

“The Federal Government has now sanctioned the payment of N500 million for the N330 billion agreed upon for the alleged breaches in their (MTN’s) operations.

 

This amount is less than one per cent of the fee, instead of the internationally recognised fee, which is pegged at five per cent.”

 

But the PDP noted: “It is, to say the least, disgusting that while this allegation of bribery at the Villa has remained uncleared by the Presidency, President Buhari, the same African Union (AU) Anti-Corruption Champion, on Wednesday, approved the frittering of another N500 million from the same fund, under controversial claims of professional fees to unnamed persons for unspecified services.”

 

Kola Ologbondiyan, party’s National Publicity Secretary, in a statement , said: “The nation had long expected Mr. President to clear the air on the sordid allegation of bribery in the Presidential Villa.

 

Rather than progressing in that direction, President Buhari has continued to act as if the demand by Nigerians to know the truth about the alleged bribery in the Villa over the payment of the MTN fine, does not matter.”

 

The PDP challenged Buhari to disclose the basis for the N500million professional fee, asking: “What due process instruments did he rely upon? Who are these lawyers?

 

Who contracted them? Under what terms and what services did they render that… beyond the Attorney General of the Federation and the team of lawyers at the Nigeria Communications Commission (NCC) and the Ministry of Justice?”

 

It added: “Now that it has become clear that the Buhari Presidency is entangled in sleazes over the MTN fine saga, the PDP charges President Buhari to end his concealment of corruption in the villa and show his sincerity by allowing an open inquest into his administration’s dealings on the MTN fine payment.”

 

Reacting to the accusations, Mr. Bolaji Abdullahi, spokesman for the All Progressives Congress (APC), however, said the Presidency would not be distracted by spurious allegations, coming after Buhari delivered a crucial blow to the PDP, with last week’s declaration of June 12 as Democracy Day.

 

He insisted the government’s justice machinery, evident in the sentencing of two former governors to jail over corruption charges, would not be slowed down.

 

 


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Telecom

Rewane, Financial Expert Backs Telcos’ Move to Hike Tariff

Published

on

Kindly share this post

Bismarck Rewane, managing director/chief executive officer, Financial Derivatives Company Limited has backed telecommunication companies’ move to increase tariffs.

Rewane, Financial Expert Backs Telcos’ Move to Hike Tariff

Recall that telecom companies recently reiterated calls for an increase in prices of calls, data, and other services.

They argue that current prices are insufficient to maintain their business operations.

This request is contained in a communique signed by the Association of Licensed Telecom Operators of Nigeria (ALTON) and the Association of Telecommunication Companies of Nigeria (ATCON).

The telecom providers are advocating for cost-reflective tariffs, claiming that adverse economic headwinds are threatening their financial viability.

The operators stated that its general service pricing framework has not been reviewed upward in the last 11 years because of regulatory constraints.

“For a fully liberalised and deregulated sector, the current price control mechanism, which is not aligned with economic realities, threatens the industry’s sustainability and can erode investors’ confidence,” the telcos said.

The telcos called on the government to facilitate a constructive dialogue with its industry stakeholders to address pricing challenges and establish a framework that balances consumers’ affordability with their financial viability.

This push for higher prices coincides with MTN Nigeria reporting a loss due to foreign exchange losses in 2023 and Airtel experiencing declining profits amid an economic downturn in the country.

While the development has triggered a backlash in some quarters, Rewane said telco pricing needs to reflect current realities.

He was a guest on weekend’s edition of Channels Television’s Politics Today

 

 

 

 


Kindly share this post
Continue Reading

Telecom

Africa Data Centres Unveils ADC Channel Programme

Published

on

Kindly share this post

Africa Data Centres, a division of the Cassava Technologies group, is excited to announce the launch of its exclusive channel partner programme, ADC Channel.

Africa Data Centres Unveils ADC Channel Programme

This programme is designed to establish colocation and ecosystem partnerships, empowering members to expand their product portfolio & offerings alongside their market presence including an expanded data centre footprint.

ADC Channel presents a unique opportunity for global carriers, Internet Service Providers (ISPs), system integrators, Data Centres, Mobile Network, Content Developer, telecommunications companies, network infrastructure operators, hyperscalers and others to deliver state-of-the-art, sustainable and cost-effective digital solutions to their clients.

The primary objective of ADC Channel is to foster collaboration amongst partners, facilitating the delivery of optimised solutions and comprehensive support to clients. Partners enrolled in ADC Channel will benefit from a flexible approach that accommodates various partnership and go-to-market (GTM) models.

Finhai Munzara, CFO of Africa Data Centres, emphasises that the benefits of the ADC Channel programme extend to all types of partners.

“Our facilities are designed with the needs of hyper-scale, wholesale & enterprise clients in mind, catering to their technical, operational and commercial requirements. Whether it’s greenfield projects, built-to-suit facilities, powered shells, dedicated halls, or hybrid colocation, we offer flexible, scalable and sustainable solutions that suit partners of every kind.

He elaborates on the advantages of becoming an Africa Data Centres Partner.

Firstly, clients gain an additional product offering & footprint to augment their existing portfolio, enabling them to offer bundled solutions. This not only enhances their current revenue streams but also positions them for further growth & retention with both existing and future customers.

Africa Data Centres has also developed ADC Marketplace, a pioneering platform designed to empower partners and customers across the continent.

This innovative marketplace provides a dynamic space for partners to showcase their services and for customers to explore offerings, fostering collaboration and visibility within the African tech community. Offering unmatched connectivity and growth opportunities, the ADC Marketplace stands as the ultimate platform for African enterprise organisations and tech companies seeking to thrive in today’s digital landscape.

Partners stand to benefit from reduced churn, as colocation is inherently a ‘sticky’ product with minimal price erosion. By offering best-of-breed colocation services from Africa’s leading data centre provider, partners can differentiate themselves from competitors.

Partners will also enjoy seamless access to data centre experts, continuous commercial and technical support, and regular, complimentary training for their sales and product teams.

Furthermore, partners face no financial risk, as participation in the channel programme requires no investment and entails no capital expenditures for building data centres.

Partners can also leverage flexibility in setting their selling prices and receive significant upfront discounts, further bolstering their competitive advantage. Exclusive benefits include competitive pricing, dedicated sales & Presales Teams, Remote Hands support and access to joint marketing resources & activities, enabling partners to thrive in the marketplace.

Munzara emphasised that ADC Channel programme  epitomises Africa Data Centres’ commitment to fostering collaborative growth and innovation. “It serves as a platform for clients to enrich their product portfolios and seamlessly extend their business across diverse ecosystems with openness and transparency.” Africa Data Centres warmly invites partners to embark on this transformative journey towards shaping the future of digital connectivity in Africa.

“The programme prioritises mutual growth, leveraging Africa Data Centres’ profound industry expertise and extensive infrastructure,” Munzara concluded.

 


Kindly share this post
Continue Reading

Telecom

Airtel Hosts Interactive Knowledge Session for Secondary School Girls

Published

on

Kindly share this post

As part of its commitment to empowering and mentoring women to become global leaders while breaking stereotypes and closing gender gaps, the Airtel Women Network, a platform comprising female employees of Airtel Nigeria, welcomed girls from Airtel’s adopted school, Alaba Oro Comprehensive Senior High School, Ajegunle, to commemorate International Day of Girls in ICT on Monday.

Led by the telco’s IT Director, Kemi Ariyo, the session emphasized the need for the rise of influential female role models in driving progress within Science, Technology, Engineering, and Mathematics (STEM) careers. It also served as an avenue to inspire young girls about the vast opportunities within the Information and Communication Technology (ICT) field.

During the session, Ogo Ofomata, Director of Enterprise and Airtel Business and President of the Airtel Women Network, shared insights on the significance of the 2024 commemoration with the students.

“Leadership entails leading yourself to do the things you have to do. With regard to the theme of this year’s International Girls in ICT Day, which is Leadership, our goal is to empower young girls and women to become programmers, coders, designers and to pursue careers in the ICT sector, ultimately becoming leaders in the IT sector,” she said.

The highlight of the event was a thought-provoking session led by Kemi Ariyo, IT Director at Airtel Nigeria, emphasizing the importance of technological knowledge in addressing various global challenges.

In her words, “The world revolves around technology and everything we do today has to do with technology. You can get into that space by adopting hard work, smart work, and an active involvement in internship programs. In addition, just as technology can be used in music and other sectors, learning technology can help you achieve your goals of problem- solving in this digital age.”

Also speaking at the event, Phanindra Nichanametla, Chief Financial Officer, Airtel Nigeria, restated Airtel’s tagline ‘A Reason to Imagine’, reassuring the students of Airtel’s commitment to encouraging positive imagination. “A very important note to take home from this event is that Airtel is here to change your imagination and give you opportunities to imagine more,” he said.

Airtel remains committed to promoting initiatives that promote gender equality and diversity in the workplace. By investing in the education and empowerment of young girls in ICT, Airtel Nigeria continues to pave the way for a more inclusive and prosperous future in the world of technology.


Kindly share this post
Continue Reading

Trending