Connect with us

Telecom

FG Pledges Support for the Use of ICT in Export Industry

Published

on

Kindly share this post

The ministry of communications has said that it will fully align with the calls for the use of ICT to provide valuable insight on current trends and practices in the export industry.

Mr. M F Istifanus, Permanent Secertary, Ministry of Communications stated this at the just concluded Nigerian Export Summit and Awards 2019, with the theme: “The Digital Era, Business on the Move: Export in the Fast Lane,’’ held at Victoria Island, Lagos and was organised by AFRITEX.

Mr Istifanus who was represented by Dr. Patrick Oghuma, Technical Assistant, Ministry of Communications said that ministry aligns with the aim of the summit which is using ICT to provide valuable insight on current trends and practices in the export industry.

He noted that the export sector can play a facilitator’s role in boosting the economy and creating new wealth and entrepreneurship in our communities, stressing also that they are determined to roll out essential ICT services to all citizens, especially those who live in underserviced areas of the country.

The permanent secretary stated that the role of ICT in our economy cannot be overemphasized; saying that it is currently contributing up to 10.11% of Nigeria’s GDP and had created over 10 million jobs in the past 10 years.

According to him, “ICT is currently contributing up to 10.11% of Nigeria’s GDP and had created over 10 million jobs in the past 10 years.

“Development in the ICT sector has provided well over $70 billion in foreign direct investment (FDI) over the last 15 years.

“It is indeed one of the fastest growing sectors of the Nigerian economy and is the second largest ICT market in Africa”.

He stated that government will offer every support to ensure that our local ICT firms (service providers and manufacturers) have a qualitative competitive advantage over others.

“We as a government will offer every support to ensure that our local ICT firms (service providers and manufacturers) have a qualitative competitive advantage over others.

“We need to work together to seize this window of opportunity to deliver the potential this sector promises by exploring ICT export.

“If we do so, Nigeria’s Information and Communications Technology sector will attract international investors.

“As a Government, we are determined not just to restore growth, but growth that is diversified, inclusive; sustainable and robust in the long term, irrespective of whatever happens to the price of crude oil.

“This ICT and Telecom sector should be able to export products and services, he added

Amb. Ayoola Olukanni, Director-General, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) speaking at the event, urged exporters to utilise Information and Communications Technology (ICT) to boost exports in the country.

He said that Nigerians in diaspora had a huge export potential and if technology was well utilised in the sector, it would boost the nation’s chances of working with other countries.

“Nigerians in the sector also need to keep up with global best practices when exporting to other countries.

“It is also necessary to adhere to rules and regulations when exporting to other countries,’’ he said.

Olukanni said that electronic media and e-commerce had also helped many Nigerians to showcase their products to the world.

He also noted that the Central Bank of Nigeria (CBN) had taken measures that would increase and diversify exports in Nigeria..


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

NCC Bars Ex-Officials from Joining Telecom Firms for 5 Years

Published

on

Kindly share this post

Nigerian Communications Commission (NCC) has introduced strict corporate governance rules that will bar its top officials from taking up roles in telecom companies they regulate until five years after leaving office.

NCC Bars Ex-Officials from Joining Telecom Firms for 5 Years

Under the new Corporate Governance Guidelines for the Communications Industry, the Chairman, Executive Vice-Chairman, and Board Commissioners, both executive and non-executive, are barred from being appointed to any position in a licensed telecom company until five years after their exit from the Commission.

Similarly, Directors of Departments at the NCC face a three-year cooling-off period before they can take jobs with any licensee under the Commission’s supervision.

The move, announced on August 11, 2025, seeks to enhance transparency, accountability, and ethical standards in Nigeria’s fast-growing telecommunications industry.

Departmental directors face a three-year cooling-off period before joining any licensee under the agency’s oversight.

This policy aims to prevent conflicts of interest and ensure impartial regulation.

By creating a clear separation between regulators and the industry, the NCC hopes to curb undue influence and maintain public trust.

]The guidelines reflect a global trend in regulatory bodies enforcing cooling-off periods.

Similar measures exist in industries like finance and energy to safeguard against regulatory capture.

For Nigeria’s telecom sector, this is a significant step toward aligning with international best practices.

The NCC’s new framework also targets telecom operators’ internal governance.

Board chairmen or vice-chairmen are barred from holding executive powers or serving as MD/CEO of a licensee.

Former board chairmen and non-executive directors must wait five years before assuming executive roles in the same company or its affiliates.

Additionally, no more than two family members can serve on a licensee’s board simultaneously.

These measures aim to promote balanced board structures and reduce nepotism.

Dr Aminu Maida, executive vice-chairman, NCC, emphasised the importance of these reforms.

“Corporate governance is no longer a soft requirement. It is now a strategic imperative,” he said during the guidelines’ launch in Lagos.

Maida highlighted that robust governance correlates with better business performance, citing an NCC internal review. Companies with strong governance frameworks consistently outperform peers in service delivery, financial management, and regulatory compliance.

Nigeria’s telecom sector is a cornerstone of its digital economy. With over 222 million active mobile subscriptions as of Q1 2025, the industry supports critical sectors like finance, healthcare, and education.

However, challenges like cybersecurity threats, energy shocks, and rising consumer demands have exposed governance weaknesses. The NCC’s new rules aim to address these by fostering transparency, accountability, and innovation.

The guidelines apply to all communications companies holding individual licences and paying Annual Operating Levies (AOL) under the AOL Regulations 2022.

The NCC has indicated flexibility in applying the rules across different licence categories, with phased compliance measures to be communicated in writing. While the rules may cause short-term disruptions for operators, the NCC insists that long-term benefits, like improved service quality and market trust, will outweigh these challenges.

 


Kindly share this post
Continue Reading

Telecom

Airtel, Vodacom sign Network Infrastructure Agreement to Drive Digital Inclusion

Published

on

Kindly share this post

Airtel Africa and Vodacom Group have announced a strategic infrastructure sharing agreement in key markets including Mozambique, Tanzania and the Democratic Republic of Congo (DRC), subject to regulatory approvals in the various countries.

The agreement marks a transformative milestone in promoting digital inclusion and expanding access to reliable connectivity across Africa.

The initial partnership focuses on sharing fibre networks and tower infrastructure, to accelerate the roll-out of digital services in these markets, increasing connectivity for customers while reducing operators’ infrastructure costs and improving speed to market.

By leveraging existing infrastructure, the collaboration aims to deliver improved connectivity, faster internet speeds, and more reliable services. This will not only enhance customer experience but also assist with providing access to digital services for a broader population, particularly those in underserved areas, helping to bridge the digital divide in Africa.

Vodacom Group’s chief executive officer Shameel Joosub said: “Providing connectivity to empower people is at the core of our strategy. Our partnership with Airtel Africa is a proactive step forward in creating a sustainable, inclusive, and connected digital future for the continent.

Through infrastructure sharing, we can provide cost-effective services to more people, more rapidly, ensuring that no one is left behind in the digital age. As we fulfil our ambition to connect 260 million customers by 2030, the need for scalable and cost-efficient network solutions becomes increasingly significant.

This partnership provides us with the opportunity to narrow the digital divide, empowering more individuals and communities through digitalisation across the continent. It is aligned with our purpose to connect for a better future,” concludes Joosub.

Airtel Africa’s chief executive officer Sunil Taldar said: “This partnership is aligned with our unwavering commitment to delighting our customers by always making our network available to them even in the remotest locations.

“Working with Vodacom, we will open greater access to digital and financial opportunities which will transform the lives of our customers while complying with all regulatory requirements.

“Even as competitors, it has become a business imperative for us to collaborate in the provision of critical infrastructure required to build resilient network with strong capacity to support the emerging digital technologies as well as the growing need for data-enabled products and services.

“Accelerating the deployment of fibre connectivity is a key enabler in the acceleration of 4G and 5G technologies in Africa to deliver the high-speed, low-latency, and reliable connections needed for modern digital applications.

“This partnership allows for further opportunities for both operators to enhance network performance, extend coverage, and increase mobile, fixed, and financial services leveraging a broader footprint on the continent.”


Kindly share this post
Continue Reading

Telecom

Truecaller Crosses 100m Users in MEA Region

Published

on

Kindly share this post

Truecaller, a global caller ID and spam prevention platform, has reached 100 million active users in the Middle East and Africa (MEA) region, representing a 19% year-over-year increase.

According to the platform, the region’s main markets include Egypt, Nigeria, South Africa, Kenya, Algeria, Ghana, and Jordan.

Truecaller is routinely utilised on 20% to 45% of connected cellphones in these areas, including Android and iOS devices, according to the business.

The app has gained traction across the African continent with its concept of resolving communication issues for individuals and businesses by blocking unsolicited calls.

It has also collaborated with local businesses, forming major partnerships including a recent cooperation with Telecom Egypt to change consumer communication and experience by providing safe, customised, and seamless calling experiences.

Truecaller’s CEO, Rishit Jhunjhunwala, stated that the service has grown organically in markets such as MEA and India due to the mobile first environment, which uses a user’s mobile number as the primary identifier of calls. He under-lined that the MEA market provides a growth-enabling environment.

“We’re continuing to strengthen our organisation and our partnerships in the region, because we believe that the MEA is poised for significant growth for many years ahead,” said Jhunjhunwala.


Kindly share this post
Continue Reading

Trending