General News
Power, Security Limit Businesses in Nigeria
A 3-year trended result from the Business Leaders Perception Survey (BLPS) conducted by NOIPolls in 2009, 2010 and 2012 has revealed top list critical factors limiting Nigerian businesses.
They are power, security, corruption and access to finance.
In addition, other factors identified from the studies include roads, water, multiple taxes and smuggling, that also make doing business difficult in Nigeria.
These are the key findings from the Business Leaders Perception Survey conducted by NOIPolls in collaboration with the DFID Nigeria Programme- Enhancing Nigerian Advocacy for a Better Business Environment (ENABLE).
NOIPolls is the number one for country-specific polling services in the West African region, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria.
NOIPolls recalled that in World Bank “Doing Business Report” 2013 Nigeria ranks 131st on the list of 185 countries in terms of ease of doing business.
The report explains the ranking of economies on the basis of how easy it is to undertake business activities, from 1 – 183. A high ranking on the ease of doing business index means the regulatory environment is more conducive to start and operate a local business.
This index averages the country’s percentile rankings on 10 topics, made up of a variety of indicators, giving equal weight to each topic.
The rankings for all economies are then benchmarked to the previous year1. The indicators used in ranking the economies include: ease of starting a business, dealing with permits, getting electricity, registering property, getting credit, paying taxes and protecting investors amongst others.
The Nigerian business environment has been associated with several factors limiting business operations and hindering the ability of businesses to thrive compared to their counterparts in other business environments.
While it is common knowledge that improvements in the enabling environment can lead to higher investments, wealth generation, job creation and ultimately poverty reduction; however, improving the business environment is not always an easy endeavour.
It requires cooperation and dialogue between the public and private sector. To make the biggest impact, government and the organised private sector need to work together in order to understand and prioritise the factors limiting business success in the economy.
In view of this, NOIPolls in collaboration with DFID/ENABLE has been conducting a series of Business Leaders Perception Survey over the past few years in order to gauge the perceptions of Nigerian business leaders on the business environment with the aim of understanding the factors that are important to the success of business and those that make business difficult in the country.
In order to explore the factors that affect the business environment and make business difficult, respondents were asked to indicate the factors that make doing business “very difficult”, “somewhat difficult”, “had room for improvement” or “was not a problem at all”.
These were then scored as follows: 1 – not a problem; 2 – could be improved; 3 – makes doing business somewhat difficult; and 4 – makes doing business very difficult.
Findings revealed that the major factor that makes business difficult in Nigeria is Power. This was consistent for all three years, however, the level of difficulty that power imposed on business decreased from 3.7 in 2009 to 3.4 in 2010 and increased to 3.5 in 2012. Corruption which was another factor that was identified for imposing difficulty on businesses continued to rise as the years progressed. The level of difficulty it imposed on business increased greatly from 1.1 in 2009 to 2.6 in 2010 and to 3.2 in 2012.
Furthermore security and access to finance are other factors that make business difficult as identified by the respondents. While security increased from 2.4 in 2009 to 2.6 in 2010 and 3.2 in 2012, access to finance also increased from 2.5 in 2009 to 2.7 in 2010 to 3.1 in 2012.
Road was another factor that was identified as factor that impose difficulty in business. The level of difficulty it imposed in business decreased in 2009 from 2.8 to 2.6 in 2010 and increased to 3.1 in 2012. Generally all the factors identified experienced varying level of deterioration from 2009 to 2012.
Subsequently respondents were asked to rank the identified factors that make business difficult in order of priority.
Ranking the factors that make business difficult in Nigeria revealed that power which topped the chart as the major factor that causes difficulty in 2009 and 2010 was ranked third in 2012.
Road which was ranked second in 2009 became of less importance in the preceding years as it was ranked sixth in 2010 and 2012 .
In addition corruption which was ranked third in 2009 became second in 2010 and became of priority in 2012 as it topped the chart. In addition, finance which was perceived to impose less difficulty in 2009 rose to third place in 2012.
All factors with the same colour code on the graph were ranked equally in the respective years the survey was conducted.
Dr. Aminu Maida, executive vice chairman and chief executive officer (EVC/CEO), Nigerian Communications Commission (NCC), has has been confirmed as a Special Guest of Honour at this year’s Africa Beacon of ICT Lectures and Awards.
Dr. Aminu Maida, executive vice chairman and chief executive officer, NCC
Africa Beacon of ICT Lectures and Awards, is widely regarded as the most prestigious annual event available in the ICT industry in Nigeria.
The event according Ken Nwogbo, editor-in-chief of Nigeria Communications Week,“is digital transformation edition” will hold on Saturday, May 30, 2026 at the Four Points by Sheraton, Lagos.
Africa’s BoICT Lecture is designed to explore efforts to put Nigeria on the global Information and Communications Technologies map.
It will also to recognise and celebrate organisations and individuals in the ICT and banking industries that have impacted in digital transformation of the economy.
Nwogbo said that Dr. Maida, oversees the regulation, development, and strategic direction of the Nigerian telecommunications industry.
His administration at the NCC, actively drives initiatives to improve telecom consumer experience, enhance infrastructure, and foster collaborations (such as with the Central Bank of Nigeria) to protect citizens from financial fraud
He holds a PhD in Electrical & Electronic Engineering from the University of Bath, UK.
Prior to joining the NCC, he served as the Executive Director, Technology and Operations at the Nigeria Inter-Bank Settlement System Plc (NIBSS).
At NIBSS, Dr. Maida was responsible for spearheading the technical and operational standardization of all devices deployed in the financial system in Nigeria for interoperability.
He led a dynamic team that ensured that all terminals used in the e-payment industry and all devices deployed in Nigeria would accept all cards issued by banks and other licensed card schemes without discrimination.
Prior to his appointment at NIBSS, Maida was the Chief Technical Officer (CTO) at the Nigerian-based FinTech Arca Payments Network and Senior Manager at Cisco Systems, United Kingdom.
As a seasoned technical professional with over 15 years of multi-functional and international experience in FinTech & Telecoms & Enterprise Technology, Dr. Maida between 2010 and 2014, worked as a Network Design Consultant at EE, part of BT Group, and one of the largest mobile communications companies in the UK.
He was also at some point (2006-2010) a System Engineer at Ubiquisys, a leading company in intelligent 3G and LTE small cells, which is now part of Cisco.
Dr. Maida will be joining will join top dignitaries who have graced the event in the past including: Dr. Ernest Ndukwe, former executive vice-chairman, Nigeria Communications Commission (NCC); Engr. Yomi Bolarinwa, former Director-General of National Broadcasting Commission (NBC); Dr. Jean Luc Fort, CEO at OR System France and a specialist in Counterparty Risk; and Professor Chris Nwagboso, Chairman, Knowledge Factory International, United Kingdom.
Others are: Chris Uwaje, chairman, Mobile Software Solutions Ltd; Uche Orji, former managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodun Omoniyi, Managing Director/CEO, VDT Communications; and John Obaro, CEO and founder of Systemspecs; Dr. Isa Pantanmi, former DG, NITDA; Dr. Obadare Peter Adewale, co-founder and COO, Digital Encode Limited; among others.
The highpoint of the BoICT Lecture will be the conferment of awards to companies and individuals for their significant contributions to the growth of technology in Nigeria and indeed Africa.
The event is a five-star event; easily Nigeria’s ICT Oscars.
General News
Pantami, Ex Minister of Communication Withdraws from Gombe APC Governorship Primaries over Alleged Electoral Violations
Professor Isa Ali Ibrahim Pantami, former minister of Communications and Digital Economy, has withdrawn from the All Progressives Congress (APC) governorship primary election in Gombe State, citing alleged violations of the Electoral Act 2026 and failure by party officials to provide conditions necessary for a credible primary process.
Professor Isa Ali Ibrahim Pantami
Pantami announced his withdrawal in a statement issued by Barrister Ibrahim M. Attahir on behalf of the Pantamiyya Movement.
The former minister said his decision followed extensive consultations with stakeholders and careful assessment of developments surrounding the APC direct primaries in the state.
According to the statement, Pantami participated fully in the governorship process out of loyalty to the APC after accepting appeals from party leaders, youths, women groups and other stakeholders urging him to contest for the state’s top seat.
The statement noted that Pantami complied with all party requirements and procedures and was the only governorship aspirant represented at the Peace Accord meeting organised by the Nigeria Police Force, Gombe State Command, on May 14, 2026.
It added that his representative was also the only aspirant’s delegate who signed the peace accord during the event.
Despite this, the Pantamiyya Movement alleged that the APC leadership repeatedly failed to provide critical information relating to the conduct of the direct primaries.
According to the statement, several letters sent by Pantami’s solicitors to relevant organs of the party seeking clarification on procedures, accreditation, collation centres and other operational details were neither acknowledged nor responded to.
“In a democracy, the law must guide the process. Non-compliance with the Electoral Act 2026 and the party guidelines renders the exercise unsafe and illegitimate,” the statement said.
The movement further alleged that no actual election took place during the recent National Assembly direct primaries conducted in Gombe State on May 16 and 18, 2026, claiming that many aspirants were not informed about voting venues, accreditation procedures or collation arrangements before results were announced.
The statement maintained that Pantami’s political strength lies in his grassroots support base, particularly among youths and women, but alleged that ordinary party members were sidelined in the recent primaries.
It also claimed that despite President Bola Ahmed Tinubu’s insistence on credible and transparent direct primaries, the directives were allegedly not implemented in Gombe State.
“Prof. Pantami had requested details on the time and place for accreditation of agents and observers, the procedures for accreditation, voting and collation, and the location of collation centres. This information should have been provided to all aspirants without being solicited. As of this moment, nothing has been provided,” the statement added.
Pantami expressed appreciation to supporters, especially youths who reportedly raised funds through crowdfunding to purchase his expression of interest and nomination forms.
The movement disclosed that donations from supporters ranged between ₦5,000 and ₦4 million, with contributors publicly sharing receipts online.
The former minister also thanked women groups, coordinators at ward and local government levels, elders, campaign officials and members of the Campaign Coordinating Committee for their support and loyalty throughout the process.
He urged his supporters to remain calm, peaceful and law-abiding, stressing that democracy must be anchored on the rule of law, peace and security.
The statement added that the Pantamiyya Movement would communicate its next political direction and future plans to supporters and followers across Gombe State and the country in due course.
“All followers, admirers and supporters of Malam Pantami are to remain united for the next alignment and realignment in the political space,” the statement said.
Pantami’s withdrawal is expected to significantly reshape political calculations within the APC ahead of the 2027 governorship election in Gombe State, given his strong support base among youths and grassroots mobilisers.
The U.S. Trade and Development Agency (USTDA) has concluded arrangements to deploy U.S.-made wireless infrastructure in Nigeria and other three West African countries.
Donald Trump …..credit..foxbusiness
According to a statement made available by the U.S Embassy, Abuja, U.STDA, disclosed the funding for a feasibility study to install approximately 1,500 turnkey mobile communications base stations for deployment of wireless technology across Benin, Côte d’Ivoire, Ghana and Nigeria.
The deployment of American-made mobile base stations, it further stated will address West Africa’s urban-rural connectivity gap and provide millions of West Africans with faster, more reliable mobile access, aimed at supporting economic activity in areas.
The statement reads: “USTDA announced funding for a feasibility study to install approximately 1,500 turnkey mobile communications base stations from Massachusetts-based company Vanu Inc. (Vanu), across Benin, Côte d’Ivoire, Ghana and Nigeria.
“USTDA is bringing private sector solutions to unlock widespread, affordable, trusted internet access in off-grid communities across West Africa,” said Thomas R. Hardy, USTDA’s deputy director.
“By helping American companies compete in these critical markets, we are offering an alternative to insecure infrastructure while creating export opportunities that make America more prosperous.”
“USTDA’s assistance will fund the study for Vanu Côte d’Ivoire, which has selected Georgia-based Vernonburg Group LLC to provide U.S. expertise to assess the commercial viability of large-scale deployment and help mobilize financing for implementation.
The study will evaluate existing network infrastructure, analyze market conditions across all four countries, assess legal and regulatory frameworks, and develop a comprehensive financing plan.
The project will generate substantial opportunities to deploy trusted U.S. wireless solutions, network management systems, and other digital infrastructure throughout the project’s implementation.
“The deployment of American-made mobile base stations will address West Africa’s urban-rural connectivity gap and provide millions of West Africans with faster, more reliable mobile access, supporting economic activity in areas that have historically been offline or limited to outdated 2G and 3G networks.
Andrew Beard, CEO of Vanu Inc., said: “Vanu is proud to partner with USTDA to demonstrate how our systems enable mobile network operators in West Africa to deliver broadband Internet and voice services in some of the most economically and operationally challenging markets and prove that connectivity in these markets can be profitable, sustainable and scalable. Building on our pioneering world-first Federal Communications Commission certification of a software radio product, Vanu has developed an ecosystem of American companies to deliver cost-effective systems based on open interfaces and architectures. The USTDA study will help catalyze new investment, expand U.S. exports, and accelerate deployment of trusted, secure digital infrastructure to connect billions of people worldwide.”
Systems, Not Skin Colour, Hold the Key to Africa’s Development, Says Evans Woherem
Maida, EVC NCC to Lead Speakers @ 17th Africa’s BoICT Merit & Leadership Lecture
Court Orders Globus Bank to Pay Firm N256m for Breach of Contract
WASPAN Drags Bello, FCCPB Boss to Court over Alleged Disobedience of Order
Pantami, Ex Minister of Communication Withdraws from Gombe APC Governorship Primaries over Alleged Electoral Violations
MTN, VDT, Zoracom, Digital Realty Back 2026 Girls in ICT Campaign
Vitel Wireless Partners Fintechs to Expand Access to Services
Kaspersky Discovers Vulnerability in Qualcomm Snapdragon Chips that can Lead to Data Loss & Device Compromise
Bank Customers to Pay N1,500 for ATM Card Issuance, Replacement – CBN
FCCPC Licenses 5 Firms for Airtime, Data Lending as Telcos Step Aside
General News2 days agoXenophobic Attacks: Anonymous Nigeria Threatens to Leak South African Stolen Data
Telecom2 days agoMTN Targets 8m Homes in Fibre Expansion Drive
E-Financial2 days agoChapel Hill Denham Says Banks Lose N2.5 Trillion Annually to High CRR in New Report
E-Financial2 days agoLagos Sanctions 15 Money Lending Firms for Operational Violations
Telecom2 days agoGBB Says Cross-border Partnerships Key to Africa’s Digital Transformation
E-Financial2 days agoAfDB Approves $200m for BoI to Support MSMEs
News2 days agoWHO Says Ebola Outbreak Worse than Reported
E-Financial2 days agoFirstBank, Visa Launch Multicurrency Signature, Naira Debit Cards