Connect with us

Telecom

Experts Advocate for New Ministry to Help Solve Nigeria’s Financial & Unemployment Woes

Published

on

Group photograph of Inductees at the institute’s 2023 International Conference and Investiture with the theme “Logistics Solutions and National Infrastructure Development” held on November 23, at Oriental Hotel Lagos.
Kindly share this post

Experts in Courier and Logistics Management sector have urged the Federal Government to create a special purpose ministry for courier and logistics sector so as to enable it to harness the untapped resources in the sector.

Group photograph of Inductees at the institute’s 2023 International Conference and Investiture with the theme “Logistics Solutions and National Infrastructure Development” held on November 23, at Oriental Hotel Lagos.

Prof. Simon Emeje, Executive Chairman of the Courier and Logistics Management Institute made the call while delivering his opening speech at the institute’s 2023 International Conference and Investiture with the theme “Logistics Solutions and National Infrastructure Development” held on November 23, at Oriental Hotel Lagos.

He noted that any serious government that neglects the courier, logistics, and transport management sector does so at his or her own peril, stressing that the sector is estimated to worth over N3 trillion, which according to him could help solve the nation’s current financial and unemployment woes.

“The logistics, courier, transport, and management industry should not be ignored, it commands an average asset worth of over N3trillion, with the capability of creating millions of jobs.

“So, the take home here is that government should look into this industry, because it’s an important industry, one with the capability to create millions and millions of employment opportunities for our youths”.

While highlighting the critical role of logistics in economic development Prof. Emeje called on President Bola Ahmed Tinubu led administration to tap into the inherent resources in the industry by involving Logistics Professionals in national, urban and enterprise planning to ensure seamless implementation of various projects.

Advertisement

He further explained that the institute is ready to assist government in fashioning out a robust template that would enable it harness its real potentials.

Equally, Barr. Adebayo Shittu, former minister of communications, in his keynote address charged the institute to develop a robust proposal for government’s adoption and implementation, adding that he will help facilitate engagement between the institute and the government.

In the same vein, the former minister while highlighting some of the important attributes of the sector, joined Prof. Emeje to call on federal government to create an enabling environment in the sector by creating a new ministry purposefully curated for the sector.

“My appeal and advocacy today are that so far as government has found it necessary, particularly, this new government found it necessary to create ministry of entertainment, hitherto nobody ever considered it to be the business of government to be concerned about entertainment, but this government found that there are potential economic implications for the country.

“So equally I want to believe that the importance of logistics and supply chain with regards to every other service requires that government creates an enabling environment by way of a new ministry for Courier and Logistics Management”.

Advertisement

The high points of the conference were the induction of over 60 new fellows and the public presentation of the book titled: ‘Logistics Solutions for Enterprise and Infrastructure” written by Prof. Emeje.

Notable dignitaries at the convention were: Dr. Madu Obiora, Director General, African Centre for supply chain, Dr (Pharm) Elijah Muhammed, Fmr Registrar, Pharmacy Council of Nigeria, Prof Nurudeen Oyekola, CEO, Institute of Classic Entrepreneurship, Mazi Sonny Allison, Founder of Red Star Express and Executive Chairman, GML Logistics, Bishop (Dr) Humphrey Erumaka, General Overseer, Wordbase Assembly and Chairman, Nehemiah Leadership Institute and many others.

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

Telecom

Subscribers, Telcos Warn FCCPC over Airtime Lending Enforcement

Published

on

Kindly share this post

Wireless Application Service Providers Association of Nigeria (WASPAN) has asked the Court of Appeal to suspend the enforcement of the Federal Competition and Consumer Protection Commission’s (FCCPC) Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations).

Subscribers, Telcos Warn FCCPC over Airtime Lending Enforcement

WASPAN warned that the implementation before the determination of its appeal could expose telecom value-added service providers to sanctions and disrupt their operations.

Millions of subscribers across the country rely on borrowed airtime to communicate.

Seun Sofoluwe, an Abeokuta, Ogun State resident, said another interruption would have severe consequences for many Nigerians who depend on airtime and data lending services for their daily communication needs.

“A lot of people depend on the services, and it will be very bad for them, especially those who are so reliant on it that they do debt-to-debt servicing,” he said.

Advertisement

Debt-to-debt servicing refers to the practice of repaying an outstanding airtime loan immediately to qualify for another advance, underscoring the extent to which some subscribers depend on the facility to remain connected.

Sofoluwe’s concerns echo the experience of Lagos-based employee Farouk Rabiu, who recounted the hardship caused by the six-month suspension of airtime lending services before they were restored.

“I was devastated because, after exhausting my data, I was hoping to borrow credit to access my bank account. Instead, it was a major disappointment,” Rabiu had said after the services resumed.

Adding another dimension to the debate, Gbenga Adebayo, chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), said the earlier disruption showed that airtime credit had evolved far beyond a conventional telecommunications offering.

“What this episode demonstrated is that airtime credit is not a financial product in the way regulators initially characterised it. It is economic infrastructure that approximately 40 million people use regularly, with the vast majority of them at the base of the economy,” Adebayo said.

Advertisement

WASPAN, which represents licensed value-added service providers, has asked the Court of Appeal to restrain the FCCPC from enforcing the DEON Regulations pending the hearing of its appeal against the July 20 judgment of the Federal High Court in Lagos.

The association argued that immediate enforcement would expose operators to sanctions, create regulatory uncertainty and disrupt telecom-enabled services, including airtime credit and data advances, used daily by millions of Nigerians.

The FCCPC, however, has defended the resumption of enforcement, insisting the regulations are intended to sanitise the digital lending industry, curb predatory debt recovery practices, protect consumer data and eliminate illegal digital lenders.

The Court of Appeal is expected to determine whether enforcement of the regulations should remain suspended while it considers WASPAN’s appeal, a decision that could shape the future of telecom-based digital lending services and determine whether subscribers continue to enjoy uninterrupted access to airtime and data credit.

 

Advertisement

 

Kindly share this post
Continue Reading

Telecom

NCC, REA Partner to Cut Telecom Costs with  Renewable Energy

Published

on

Kindly share this post

Nigerian Communications Commission (NCC) and the Rural Electrification Agency (REA) have entered into a partnership to deploy renewable energy solutions for telecommunications infrastructure in rural and underserved communities, a move expected to reduce operators’ energy costs and improve network availability.

NCC, REA Partner to Cut Telecom Costs with  Renewable Energy

Abraham Oshadami, executive commissioner for Technical Services at the NCC, disclosed this during the signing of a memorandum of understanding (MoU) in Abuja.

According to Oshadami, the NCC-REA Stakeholder Forum and MoU signing ceremony will enable telecom base stations located near mini-grids to access cleaner and more affordable electricity, reducing their reliance on diesel-powered generators.

He said the agreement came at a time when telecom operators are facing rising operational costs due to increased spending on diesel to power network sites amid unreliable electricity supply from the national grid.

The partnership reflects the growing relationship between the power and telecommunications sectors, as both rely on each other to deliver essential services.

Advertisement

Oshadami explained that while telecom infrastructure requires a steady power supply to remain operational, digital connectivity also supports electricity services such as smart metering, electronic payments and remote customer management.

According to him, the collaboration is aimed at improving access to reliable electricity and telecommunications services, particularly in remote communities where inadequate power supply has slowed digital inclusion.

He said both agencies had identified telecom base stations located within one to two kilometres of existing mini-grids, allowing the implementation of the initiative to begin immediately.

“Where mini-grids exist, we are able to identify nearby base stations and connect them to those power sources,” Oshadami said.

He added that future mini-grid projects would be planned with telecommunications infrastructure in mind, ensuring that electricity investments also support the expansion of digital services.

Advertisement

 

Kindly share this post
Continue Reading

Telecom

Airtel Secures Another 10-year Spectrum Renewal in Nigeria 

Published

on

Kindly share this post

Airtel Nigeria has secured a fresh 10-year renewal of its spectrum licence from the Nigerian Communications Commission (NCC), reinforcing the telecom operator’s long-term commitment to expanding broadband connectivity and improving digital access across the country.

Airtel Secures Another 10-year Spectrum Renewal in Nigeria 

The renewed licence covers Airtel’s spectrum holdings, which are critical to the delivery of voice and high-speed data services, providing regulatory certainty for continued investments in network expansion, capacity upgrades and improved customer experience.

According to the company, the renewal underscores confidence in Nigeria’s telecommunications sector and will support its ongoing efforts to bridge the country’s digital divide by extending quality connectivity to more underserved communities.

Sunil Taldar, chief executive officer, Airtel Africa, said the renewal provides the company with the confidence to continue investing in Nigeria’s digital infrastructure.

He said, “The spectrum renewal reaffirms our long-term commitment to Nigeria, our largest market. It gives us the certainty required to continue investing in network expansion, improve service quality and accelerate digital inclusion for millions of Nigerians.”

Advertisement

Taldar added that Airtel remains focused on expanding broadband access and supporting Nigeria’s digital economy agenda through sustained investments in telecommunications infrastructure.

He further said, “We appreciate the Nigerian Communications Commission and the Federal Government for their continued support in creating an enabling environment for investment. We remain committed to delivering reliable and affordable connectivity while contributing to Nigeria’s socio-economic development.”

Meanwhile, Industry observers said the licence renewal removes regulatory uncertainty and allows Airtel to pursue long-term capital investments, including the expansion of 4G and 5G networks, as demand for mobile data and digital services continues to grow across Nigeria.

The renewal comes as telecom operators continue to invest heavily in broadband infrastructure to meet rising data consumption and support government efforts to achieve Universal digital access.

Furthermore, It also aligns with the NCC’s objective of ensuring efficient spectrum management while encouraging sustained private sector investment in the country’s telecommunications industry.

Advertisement

Kindly share this post
Continue Reading

Trending