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FG Okays Two Firms for Liquidation NITEL, MTEL

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The National Council on Privatisation yesterday approved two firms for the guided liquidation of the Nigeria Telecommunication Limited (NITEL) and its mobile arm, MTEL.

The two firms, NATCOM Consortium and NETAD Consortium were picked from the 17 firms shortlisted for the liquidation during the third meeting of the council for the year presided over by Vice President Namadi Sambo at the Presidential Abuja.

Musa Sada, minister of Mines and Steel Development;  Mike Onolememen, minister of Works; and Benjamin Dikki, director-general of the Bureau of Public Enterprises, briefed State House correspondents of the meeting’s outcome.

Sada said the two firms led others shortlisted with 90.7 and 90.2 per cents respectively.

Assets up for bid in NITEL include the licences and the spectrum, the nationwide fixed wired networks, the national right of way duct system, the fibre optic transmission backbone, and the CDMA network system.

Others are international gateway earth stations, microwave transmission equipment/network and towers and other core assets.

The assests up for sale in Mtel, are the licences and the spectrum, national right of way, the Mtel GSM network including mobile switching centres, base station controllers, base transceiver stations and the general packet radio services.

Others are the analog (TACs) system and other core assets among others.

Sada said the government was working hard to ensure that the two firms bounce back better.

He said, “The criteria is being followed and out of this 17 firms shortlisted, two are qualified for request for proposal issuance. And this is what the council deliberated on today and approved the qualifications of the two companies.

“The two companies are NATCOM Consortium and NETAD Consortium and they came top with 90.7 and 90.2 percents respectively.

“You will agree with me that efforts at getting NITEL back on stream as been very strenuous, because of so many issues, so many problems, but this time around there has been strong efforts so that we do not go back to what we had before.

“With what is put in place, we are very confident that we would only move forward to take us to the appropriate destination.

“The idea here is for us to have a working institution not necessarily a situation where these assets are just dispensed with whatever reasons.

“From our discussions today, we are making sure that these assets does not go to somebody who for other considerations will want to own it and keep it.

“Our target is to make sure that NITEL, MTEL, comes back. It has very robusts assets and and it will be a very good thing for the country. Mobile telephones and network are not substitutes for land lines and that is why we are doing everything to be able to bring it back to work.”

Onolememen told journalists that the council also approved a five-year extension for the concessionaire of the new Warri Port, Associated Maritime Services Limited.

The minister said the extension was granted since there was no objection from the Minister of Transport and the Managing Director of the Nigeria Ports Authority.

He added that the council also relinquished its 51 percent holding shares at the Stallion Property Development Company for the Nigerian National Petroleum Corporation Pension Limited.

The decision was taken to bridge the pension gap observed in the NNPCPL.

Sada added that the council also received the report of a committee that visited the Ajaokuta Steel Company of Nigeria based on the allegation of assets stripping that was reported to the council at the last meeting.

He said no decision has been taken on the report, adding that a statement would be issued after the report must have been considered by the council.


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Telcos Record N27Bn Loss from Damaged Fibre Cables

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Repairs and revenue losses from damaged cables are estimated to have cost Nigeria’s telecom industry almost N27bn ($23m) in 2023, according to documents obtained by Bloomberg.

Telcos Record N27Bn Loss from Damaged Fibre Cables

MTN Nigeria, the biggest wireless operator in Africa’s most-populous nation, and Airtel Africa Plc bore the brunt of the costs, the documents show.

MTN suffered more than 6,000 cuts on its fiber cable last year, the documents show.

On Feb. 28, a cut in its network in three different locations by a road construction firm, an oil serving company, and someone burning rubbish in a manhole meant customers faced more than five hours of data and voice outages.

The operator relocated 2,500 kilometers (1,553 miles) of vulnerable fiber cables between 2022 and 2023, at a cost of more than N11bn —enough to build 870 kilometers of new fiber lines in areas without coverage.

Broadband fibre optic cables form the backbone of modern communication infrastructure, enabling the high-speed data transmission that underpins a wide range of personal, business, and societal activities.

On several occasions, the Nigerian Communications Commission (NCC), the industry regulator, has acknowledged this challenge and expressed willingness to work on measures to address it.

These measures include stricter regulations to deter vandalism and improved collaboration between telcos and government agencies responsible for construction activities.

According to the NCC, the telecom sector will make up more than a fifth of the country’s gross domestic product by the end of 2027, up from 13.5 per cent in the third quarter of last year.


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NCAIR Relaunch: Pantami, Tijani Fight for Credit

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Isa Pantami, former minister of Communications and Digital Economy, has voiced his discontent over the relaunch of the National Centre for Artificial Intelligence and Robotics (NCAIR) by Bosun Tijani, his successor.

Isa Pantami, former minister of Communications and Digital Economy,

Tijani announced the revitalization of NCAIR, highlighting enhancements in its capacity and partnerships with global tech firm Cisco.

However, Pantami took to social media to assert that NCAIR was already established during his tenure in November 2020, dubbing it “the first of its kind in Africa” and emphasizing its effectiveness in training numerous Nigerians.

Tijani responded by detailing the new initiatives accompanying the relaunch, including increased computing infrastructure, dedicated research labs, and remote connectivity for AI hubs across the country. He also unveiled outcomes from the Ministry’s National AI Workshop, such as the country’s first Multilingual Large Language Model and partnerships aimed at accelerating AI development projects of national significance.

The exchange between Pantami and Tijani underscores ongoing efforts to advance AI research and application in Nigeria while navigating questions of continuity and leadership transition within the Ministry.

 


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ABoICT Lecture 2024 to Focus on Artificial Intelligence (AI) In A Digital Economy

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This year’s Africa’s Beacon of ICT Merit and Leadership lecture will focus on the role of artificial intelligence in a digital economy with the theme: “Artificial Intelligence (AI): The Good, The Complex and The Anticipated”.

The lecture which will herald Africa’s Beacon of ICT Merit and Leadership Awards hold on May 25, 2024 at Four Points by Sheraton.

The sixteenth edition of the award ceremony according Ken Nwogbo, editor-in-chief of Nigeria CommunicationsWeek the organizers of the event, “is a special edition to recognize and celebrate organizations and individuals in the ICT industry that have been distinguished in delivery innovative services in the sector.

“Most of these organizations and individuals have consistently being voted by our readers as leaders in their areas of operations and we have decided to reward them in this especial edition”.

He added that, AI is considered to have the potential to instigate a fourth industrial revolution,1 and is dramatically changing people’s patterns of interaction and economic activities.

“The traditional factors of production and physical capital and labour may no longer promote substantial economic growth. It is generally believed that AI will be one of the most important factors determining future economic growth.

“However, unlike traditional machines, which replaced the use of human and animal labor for simple manual work and heavy or dangerous activities, AI-related inputs may change the type of human work in a comprehensive way.

“In contrast to previous industrial revolutions, AI does not simply involve the invention of a new machine or technology. Instead, AI has similarities to the accumulation of human capital, as it can learn and accumulate knowledge by itself,” he said.

The Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture is designed to explore efforts to put Nigeria on the global Information and Communications Technologies map.

The lecture series however is reserved for distinguished achievers in the ICT sector.

Past lecturers included Dr. Ernest Ndukwe, then 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: Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodu Omoniyi, Managing Director/CEO, VDT Communications; Ayotunde Coker, Managing Director, Rack Centre Limited; Peter Adedayo Arogundade, managing director and chief executive officer, Sidmach Technologies Nigeria Limited; Dr. Adewale Obadare, chief visionary officer, Digital Encode and John Obaro, CEO and founder of Systemspecs; Prof. Isa Pantanmi, minister of Communications and Digital Economy; among others.


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