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Telecom

FG to Make Another Attempt to Wind-Down NITEL

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Benjamin Dikki, director-general of the Bureau of Public Enterprises, (BPE)
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The federal government is to restart attempt to wind down Nigerian Telecommunications Limited (NITEL)., the moribund national carrier and MTEL, it mobile subsidiary, after a court blocked its previous liquidation attempt a couple of weeks ago, Nigeria CommunicationsWeek can report

The federal government had opted for the liquidation of the carrier after various attempts to privatise the company or turn around its fortunes have stalled.

But a federal l High Court sitting in Port Harcourt, Rivers State, had granted an injunction stopping the liquidation of the Nigerian Telecommunications Limited.

Nigeria CommunicationsWeek gathered that feelers from the presidency however suggested a renewed political support for yet another attempt to rescue the ailing telecoms operator.

The Bureau of Public Enterprises (BPE) had middle of last year, said that over $3 billion (about N480 billion) liabilities of the ailing carrier remained the greatest constraint to the planned guided liquidation of the enterprise.

According to BPE, the state-owned telecom company’s liabilities far outweigh their current value.

A source at the Presidency told Nigeria CommunicationsWeek that “the federal government is really worried that NITEL and MTEL have continued to deteriorate. That is why the President has given his full support for effort to break the jinx”

It would be recalled that a federal High Court in Port Harcourt, had in January granted an injunction stopping the liquidation of NITEL.

Ruling on a suit with reference No FHC/Ph/S/471/2011 filed by Snytel IG Wills Communications Limited against the Nigeria Telecommunications Plc, Bureau of Public Enterprises, Ministry of Finance Incorporated (MOFI), National Council on Privatisation (NCP), Attorney-General of the Federation (AGF) and the federal government of Nigeria, Lambo Akanbi, who presided over the case directed all parties to maintain “ante bellcum” pending the determination of the case fixed for March 24, 2014.

Francis Enyong, counsel to the plaintiff, had earlier informed the court that while the suit was pending, the defendants had filed a residing suit for the liquidation of NITEL in an Abuja High Court.

The judge, however, frowned at the actions of the defendants, who were all present in court and mandated them to maintain the status quo, pending the determination of the existing suit on March 24, 2014.

The plaintiff had dragged the federal government to court over plans to liquidate NITEL.

The NITEL privatization imbroglio has lingered for more than a decade and one time the House of Representatives recommended that the Central Bank of Nigeria (CBN) bailout the beleaguered carrier.

The privatisation process started in 2001, when the Investors International London Limited (ILL) bid to acquire the company but defaulted in paying the bid price of $1.317 billion.

In 2003, Pentascope of Netherlands was appointed as management contractors to revamp the company for another privatisation process.

But this was marred by scandalous revelations that led to cancellation of the contract.

In 2006, Transcorp won a bid to acquire the company for $500 million but they also failed to pay.

In February 2010, New Generation emerged the preferred bidder with an offer price of $2.5 billion in yet another attempt. But this preferred bidder also failed to pay even after it got several deadline extensions.

 

Additional report from Cellular-news


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Telecom

Telcos Warn of Nationwide Telecom Blackout over Diesel Shortage

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Mr Tony Emoekpere, president, ATCON
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Association of Telecommunications Companies of Nigeria (ATCON), has raised the alarm over a diesel supply crisis caused by an ongoing strike by the National Union of Petroleum and Natural Gas Workers (NUPENG).

Telcos Warn of Nationwide Telecom Blackout over Diesel Shortage

Mr Tony Emoekpere, president, ATCON in a statement said that the fuel supply disruption is critically affecting telecom base stations, pushing them to the brink of a shutdown and threatening millions of mobile and internet users in the region.

“This strike, which stems from the persistent harassment of tanker and petroleum product drivers by police officers in Lagos State, has effectively halted all truck loading operations and fuel movements,” Emoekpere stated.

He explained that diesel supply to telecom infrastructure has been severely impacted, leaving critical sites with dangerously low fuel levels.

According to him, if urgent measures are not taken, the situation could escalate into a full-blown network blackout, disrupting essential services, including mobile and internet access, business operations, emergency response systems, and daily communications.

ATCON has called on the governors of Lagos and Ogun states to intervene immediately by facilitating the release of diesel from depots to telecom operators to prevent further deterioration of the situation.

“This is not just a telecom issue—it is a national emergency that could cripple economic activities and compromise public safety,” Emoekpere stressed.

The association also appealed to security agencies and petroleum unions to resolve the crisis swiftly to safeguard Nigeria’s connectivity and economic stability.

ATCON emphasised that a prolonged disruption in fuel supply to telecom infrastructure could have far-reaching consequences for both businesses and individuals who rely on stable communication networks for daily operations.

 

 

 


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Telecom

Nigerians Spend N5.3 Trillion on Telecom Services

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In 2023, Nigerians spent a total of about ₦5.3 trillion on telecommunications services, which includes calls, data, SMS, and other telecom services, according to the Leadership.

Nigerians Spend N5.3 Trillion on Telecom Services

Specifically for voice calls, Nigerians made approximately 408.5 billion minutes of local calls, generating around ₦3.28 trillion from outgoing calls and ₦3.23 trillion from incoming calls, totaling about ₦6.51 trillion in call-related revenue according to projections based on 2023 call volumes and tariff data.

However, the ₦5.3 trillion figure represents the overall telecom sector revenue, with voice calls being a major component but also including data and other services.

For individual spending, MTN subscribers spent an average of ₦2,508 monthly on voice calls in 2023, showing a 14.4% increase from 2022, while Airtel customers spent about ₦1,694 monthly on voice calls.

Total telecom spending (calls, data, SMS, etc.): ₦5.3 trillion in 2023

Estimated revenue from voice calls alone: around ₦6.5 trillion based on call minutes and tariffs

Average monthly spending on calls per subscriber: ₦1,694 to ₦2,508 depending on the network

 

 

 


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Telecom

MTN Chairman, Industry Leaders Honour Late Dr. Pascal Dozie’s Legacy at NGX Tribute

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Nigeria’s corporate elite gathered recently to bid farewell to one of the nation’s most influential business titans, Dr. Pascal Gabriel Dozie.

The Nigerian Exchange Group’s headquarters in Marina, Lagos, played host to an ‘Afternoon of Tributes’ that saw industry captains, financial moguls, and family members celebrate the extraordinary legacy of a man who helped reshape Nigeria’s economic landscape.

MTN Nigeria Chairman, Dr. Ernest Ndukwe, captured the mood of the gathering when he described the late Dozie as “a visionary leader, a true patriot, and a trailblazer” whose impact continues to reverberate across Nigeria’s business terrain.

“Thanks to his remarkable foresight and unwavering dedication, MTN Nigeria didn’t just find its footing—it soared,” Ndukwe told the distinguished audience.

“Today, it stands not only as the largest telecommunications company in the country but also as one of the most highly valued corporations on the NGX Premium Board.”

The symbolic bell-ringing ceremony—a highlight of the event—paid homage to Dozie’s pivotal role in transforming both Nigeria’s capital market and telecommunications sector.

Speaker after speaker painted the portrait of a man whose influence transcended conventional boundaries. Beyond founding Diamond Bank and steering MTN Nigeria to unprecedented heights, Dozie was celebrated for embodying the rare combination of business acumen and ethical leadership.

Throughout the afternoon, the late business icon was remembered not merely as a successful entrepreneur but as a nation-builder whose contributions spanned critical sectors from banking and telecoms to public policy and education.

More than his corporate achievements, however, it was Dozie’s personal qualities that dominated tributes—his uncompromising integrity, innovative thinking, disarming humility, and lifelong commitment to service.

As the event concluded, it became clear that the gathering was more than a memorial—it was a celebration of possibilities, a testament to what can be achieved when purpose meets passion and when leadership is firmly rooted in service to others.


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