Connect with us

Telecom

NCC Extols Economic Benefits of AfCFTA Agreement 

Published

on

L-R: Liman Victor Liman; Acting Director General Nigerian Office for Trade Negotiations, Mohammed C. Babajika, Director Licences and Authorization, Nigerian Communications commission, representing the Executive vice chairman NCC, Prof Umar Garba Danbatta; Hon. Hakeem Popoola Fahm, Commissioner for Ministry of Science and Technology Lagos, representing Governor of Lagos State; Sen. Olabiyi Durojaiye; Chairman Board of NCC, and Hon. Isiaka A. Ibrahim, Member House Committee on Telecommunications, during the Stakeholders Sensitisation Workshop for the Communications Industry on the Implications of the African Continental free Trade Area (AFCFTA) Initiative at the Four Point by Sheraton Lagos, recently.
Kindly share this post

The Nigerian Communications Commission (NCC) and other industry stakeholders have extolled the economic benefits accruable to the country from the recently rectified African Continental Free Trade Area (AfCFTA) agreement.

AfCFTA is an initiative of the Africa Union with the main objective of creating a single continental market for goods and services, in addition to facilitating free movement of investment and people across the entire African continent.

Nigeria joined the list of African countries to sign the trade pact when President Muhammadu Buhari on July 7th, 2019,endorsed the AfCFTA Agreement at the AUSummit in Niamey, Niger.

Professor Umar Garba Danbatta, executive vice chairman/ceo, Nigerian Communications Commission (NCC) speaking at a two-day workshop with the theme; “Improving Nigeria’s communication industry competitiveness for the AFCFTA initiative”, was organised by the Nigerian Communications Commission (NCC), in collaboration with the Nigerian Office for Trade Negotiation (NOTN). stated that the AfCFTA Agreement will lead to about 60% boost in intra-African trade by 2022.

Danbatta who was represented by, Alhaji Muhammad Babajika, director of Licensing and Authorization, NCC explained that only 16% of international trade by African countries takes place between African countries, according a study by the African Development Bank in 2014.

He noted that the ongoing workshop is aimed at examining how to improve the competitiveness of the over $70 billion Nigerian Communications sector market for the Continental Free Trade Area.

He said, “The workshop is to draw the attention of industry stakeholders to the need to fully appreciate the business implications of the AfCFTA, promote a deep understanding of the AfCFTA Initiative by industry stakeholders, initiate and lead discussions on areas of comparative advantage for the…

“Nigerian telecoms stakeholders, encourage industry stakeholders on the need to seek and exploit opportunities that will emerge in the operational phase of the AfCFTA and to use the workshops as an avenue for generating feedback, identifying possible areas of interest for industry stakeholders and evolving a Roadmap for the future trajectory of the industry in the context of the Continental Free Trade Area.

“The workshop is a key element of the Governments’ institutional framework for driving Nigeria’s trade policy initiatives the Federal Government’s aspirations to advance Nigeria’s economic development through continuous encouragement of pro-trade, pro-business, pro-investment and pro-export measures are in sync with the mandate of the NCC to stimulate investment and economic activity by protecting the interest of the Government, investors and consumers within the Nigerian Communications ecosystem,” he said.

Earlier, Senator Olabiyi Durojaiye, chairman, board of Nigerian Communications Commission, said that the African Continental Free Trade Area (AFCFTA) arrangement will extend access of communications services to 1.2 billion people across the African continent.

He said that the agreement is a big deal for the sector hence stakeholders should tap into it.

According to Durojaiye, there is no limit to the achievement by innovative operators/investors in terms of business opportunities with a larger proportion of the population made up of young people, whose hunger for data and mobile services continues to grow.

He noted that in line with the Federal Government’s objectives, NCC is committed to ensuring that the sector continues to improve on its contribution to GDP and by extension the Nigerian economy.

“Through its direct contribution to the GDP and the indirect contribution to the performance of other sectors, the Telecommunication sector is indeed a facilitator of economic development.

“This sensitization workshop is to engage with stakeholders, with a view towards crafting achievable recommendations and solutions that will guarantee positive growth, development and prosperity for our industry, the Nigerian economy, and the African continent.

“Just the way we recognize the opportunities for investors in the African market, we also know that there are challenges not to say threats.

“Operators and investors within the Communications ecosystem must fully appreciate these dynamics, in order to ensure that they prepare adequately for them.

“At the end of the workshops, we expect to come out more informed about the AfCFTA Initiative, and better prepared to take advantage of the opportunities that lie ahead.

“We believe that with good planning and implementation, Nigeria and the African continent will be better off with the Continental Free Trade Area arrangement.

“African countries who are signatory to the trade should adopt and evolve our own indigenous programme of development, he said.

Mr. Babajide Sanwo-Olu, Governor, Lagos State, on his part, said the AFCFTA initiative would facilitate free movement of investment and people across the African continent, adding that it would provide the opportunity for Africa to create the world’s largest free trade area.

The Governor, represented by the Hakeem Popoola Fahm, commissioner for Science and Technology, Lagos State, said the trade agreement marks a new dawn to Africa’s economic transformation, explaining that Nigeria’s economy stands to benefit with the creation of this single market.

He urged the Nigeria communication industry to leverage on the provisions of AFCFTA to the advantage of Nigeria’s telecom industry, saying it remains one of the major factors to fully drive the digital economic revolution in the country.

“It is a new hope for boosting Intra-Africa trade across African countries with a combined population of the people.

“The anticipated benefits will only remain a mirage if we fail to prepare adequately by repositioning the key sectors of our economy to be competitive and able to take optimum advantage of the opportunities presented by new market.

“To enhance the sectors competitiveness in the emerging single market, a lot of efforts must be put into improving the efficiency of service delivery,” he said.

 

 

 


Kindly share this post

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

Continue Reading
Advertisement
Comments

Telecom

VDT Communications Achieves Two Prestigious Certifications ISO /IEC 27001:2022, ISO/IEC 27032:2023 Reinforcing its Leadership in Broadband Service Provision

Published

on

L-r: Oluwaseyi Omoloja,Special Project Manager(SPM), Iriowen A. Osemwegie, Head, Audit &Control, Mrs. Bimbo Ikumariegbe, COO, Engr. Biodun Omoniyi,GMD, Engr. Yemi Oladele, CTO, Engr. Oluwasanmi Kehinde, Team Lead, Service Quality Improvement and Busuyi Ojarotade, Head Network Service - all of VDT Communications Limited displaying the latest certifications: ISO/IEC 27032 for Cybersecurity and ISO/IEC for Information Security recently awarded to the company.
Kindly share this post

VDT Communications Limited, a provider of Enterprise communication solutions, is proud to announce that it has been awarded the ISO/IEC 27001:2022 Information Security Management System (ISMS) and ISO/IEC 27032:2023 Cybersecurity Management System certifications.

These prestigious certifications demonstrate VDT’s commitment to maintaining the highest standards of information security and cybersecurity, ensuring the protection of sensitive customer data and maintaining the trust of its clients.

These certifications are a testament to VDT’s dedication to implementing robust information security and cybersecurity measures, aligning with international best practices.

The ISO/IEC 27001:2022 certification recognizes VDT’s ability to establish, implement, maintain, and continually improve its ISMS, ensuring the confidentiality, integrity, and availability of customer information. The ISO/IEC 27032:2023 certification highlights its commitment to protecting its customers’ information assets and preventing Cyber threats.

VDT Communications Limited has consistently demonstrated its commitment to excellence, previously earning and maintaining ISO 9001:2015 Quality Management System and ISO 20000-1:2018 IT Service Management certifications. These certifications have enabled the company to deliver high-quality services, ensuring customer satisfaction and loyalty.

“We are thrilled to receive these two prestigious certifications, which reinforce our commitment to information security and cybersecurity. These certifications demonstrate our dedication to implementing robust security measures that ensure confidentiality, integrity and availability of customer data” said Engr. Abiodun Omoniyi, GMD of VDT Communications Limited.

The ISO/IEC 27001:2022 and ISO/IEC 27032:2023 certifications bring numerous benefits to VDT’s customers, including:

  • Enhanced information security and cybersecurity posture
  • Protection of sensitive customer data
  • Compliance with international standards and regulations
  • Improved risk management and incident response
  • Increased trust and confidence in VDT’s services

“We are proud to serve our customers with the highest level of security and quality,” Bimbo Ikumariegbe, Chief Operating Officer (COO) of VDT. “These certifications demonstrate our commitment to excellence and our dedication to delivering innovative communication solutions that meet the evolving needs of our customers” – Olufemi Akinola, Head, Information Technology.


Kindly share this post
Continue Reading

Telecom

NDPC Warns Content Creators Against Privacy Violations in Viral Videos

Published

on

Kindly share this post

Nigeria Data Protection Commission (NDPC) has issued a stern warning to content creators filming and sharing videos of unsuspecting citizens on social media, describing such practices as direct violations of citizens’ rights to informational self-determination.

NDPC Warns Content Creators Against Privacy Violations in Viral Videos

NDPC

The Commission drew attention to individuals capturing pictures and footage of the general public without consent, breaching Section 37 of the 1999 Constitution of the Federal Republic of Nigeria (as amended) and the Nigeria Data Protection Act, 2023 (NDP Act).

NDPC specifically flagged a content creator in Lagos State who films unsuspecting passersby at roadsides for a “reality show”. The Commission stressed that processing personal images in this manner demands explicit consent or a justifiable lawful basis under the NDP Act.

Preliminary investigations revealed no public or legitimate interest served by this “wilful invasion of privacy”. Data subjects, the Commission noted, have no reasonable expectation that their images would be captured and broadcast globally by an unknown individual.

National Commissioner/CEO Dr Vincent Olatunji has instructed social media platform owners—including TikTok, X (formerly Twitter), and Meta—to intensify enforcement of community guidelines to prevent harm from unlawful and unfair personal data processing.

Platforms failing to act promptly face sanctions under the NDP Act. Individual creators remain personally liable for violations, potentially facing criminal prosecution for infringing citizens’ and data subjects’ privacy rights.

The advisory was signed by Babatunde Bamigboye, Esq. CDPRP, Head of Legal, Enforcement and Regulations.

NDPC emphasised that abuse of rights under the guise of entertainment will not be tolerated, urging compliance to safeguard Nigerians’ data privacy in the digital age.


Kindly share this post
Continue Reading

Telecom

Techeconomy Unveils IWD 2026 Power List Celebrating 100 Women Shaping the Future

Published

on

Kindly share this post

In celebration of International Women’s Day (IWD) 2026, Techeconomy, a leading business news platform in Nigeria, has unveiled its “100 Women Shaping the Future: Techeconomy Power List 2026,” recognizing exceptional women driving innovation, leadership, and impact across technology and the broader digital economy.

Techeconomy Unveils IWD 2026 Power List Celebrating 100 Women Shaping the Future

Techeconomy

The annual recognition spotlights women who are transforming industries through entrepreneurship, policy leadership, digital innovation, financial inclusion, media, education, and emerging technologies.

The initiative is part of Techeconomy’s commitment to promoting gender inclusion and highlighting female leadership shaping Africa’s technology ecosystem.

The Techeconomy IWD Power List features a diverse group of women, from corporate executives and startup founders to policymakers, ecosystem builders, and social innovators, whose work continues to influence the future of technology, business, and digital transformation in Nigeria and across Africa.

Speaking on the initiative, Joan Aimuengheuwa, the Managing Editor at Techeconomy, noted that the recognition goes beyond celebrating titles, focusing instead on impact, resilience, and the ability to shape the future through innovation and leadership.

According to her, “the women on the list represent different sectors including fintech, banking, healthcare, agriculture, education, communications, and the creative economy, demonstrating the growing role of women in advancing technology-driven development.

The unveiling aligns with the global celebration of International Women’s Day, which highlights the achievements of women and calls for accelerated progress toward gender equality. Across the world, the technology sector continues to push for greater female representation and leadership as part of efforts to build more inclusive digital economies.

Also speaking, Oluwatosin Aloba, the Brand Manager at Techeconomy, said: “Techeconomy IWD 2026 Power List is specially designed to inspire the next generation of female innovators and leaders by showcasing role models who are breaking barriers and redefining possibilities in the technology landscape.

“Techeconomy encouraged industry stakeholders, institutions, and the broader public to celebrate the achievements of these women while continuing to support policies, programs, and investments that expand opportunities for women in technology”, she added.

The full list of the “100 Women Shaping the Future: Techeconomy Power List 2026” is available on the Techeconomy website or visit: https://techeconomy.ng/techeconomy-iwd-2026-power-list-celebrates-100-women-shaping-the-future-of-tech/.


Kindly share this post
Continue Reading

Trending