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Johnson @ Stakeholders Forum, Lays out Plans to Privatise NIGCOMSAT

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(L-r): Dr Eugene Juwah, executive vice chairman of the Nigerian Communications Commission (NCC), Dr (Mrs) Omobola Johnson, minister of Communication Technology and Dr Tunji Olopa, permanent secretary in the ministry, during the 4th Information and Communications Technology (ICT) Industry Stakeholders Forum in Lagos on Thursday.
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Dr Omobola Johnson, minister of Communication Technology has said that the ICT industry has witnessed tremendous growth in the last three and a half years and revealed plans to privatise Nigerian Communications Satellite (NIGCOMSAT) by 2017.

The privatisation, she said, has become highly imperative if the facility must remain productive and perform its role efficiently.

Johnson, who presented the Ministry’s four-year scorecard to industry stakeholders in Lagos, said “If the full benefits of NIGCOMSAT must be realised, it must be privatised. We hope to complete this process in another two years from now.”

Johnson further noted ICT’s critical role in national development, adding that, “ICT promotes transparency and accountability; increases the efficiency and effectiveness of government/citizens engagement; and contributes greatly to the growth of the economy.”

The minister also said that through various initiatives, innovations and interventions from industry stakeholders, ICT sector is now viewed as critical, ranked with oil & gas and power, as it currently contributes 9.58% to GDP as at third quarter, 2014. 

According to her, before the Ministry was created the IT sector was fragmented with small domestic players made up of approximately 350 companies, however, the improved environment by the present administration’s ‘transformation agenda’ has helped create local companies like Wakanow, Jumia, Konga, Paga, i-Sec, IrokoTV, to name a few, are innovating and adding value to the economy.

The Nigeria Communications Commission (NCC) statistics shows that the Nigerian telecoms sector, for instance, is one of the fastest growing sectors in the world and continues to attract significant foreign direct investment (FDI) with additional $6 billion between 2011 and 2013.

Before now, Johnson maintained, “The domestic value added in key areas was sub-optimal and it was characterized by consumer preference for global brands and high levels of importation of inputs and finished products. But with the establishment of the Ministry in 2011 and the laid down ICT documents: the National ICT policy, National Broadband Strategy and Local Content Guidelines, all came through the efforts of Mr. President and the stakeholders, we have been able to make remarkable progress”.

On Sector Priorities, she cited Connect Nigeria, Connect Nigerians, Local Content, ICT in Government and Enabling Environment as part of agenda to deliver on the promises of the transformation agenda by addressing the challenges in the ICT industry and leverage the opportunities for socio-economic development.

“Connect Nigeria,” the Minister said, has led to “ubiquitous, robust and cost effective ICT infrastructure to support the creation and development of a digital economy.

“Under the Connect Nigerians initiative, the intention was to ensure that Nigerians have affordable and reliable access to devices and have the capacity to use them; so that all Nigerians can share in the benefits”

“In our local content adoption, we aimed at removing the barriers to entry and increase the participation of Nigerian companies in the ICT industry; and stimulate job creation. Also, through the ICT in Government plans, we are increasing the adoption of ICTs by government to achieve greater transparency, efficiency and productivity in governance and citizen engagement.”

Under the Connect Nigeria initiative FMCT’s interventions are expected to fan up the national broadband strategy where increase in broadband penetration from 6% to 30% in 2018 will be achieved.

Through the Universal Service Provision Fund (USPF), the Ministry hopes subsidize access mechanisms for un-served and under-served areas or demographics, for instance 207 clusters involving rural areas already identified by the Fund, among other achievements.

Johnson said that there are various indicators to show the nation is on clear path to creating an inclusive digital economy that supports the positioning of Nigeria as a top ranked economy globally, “not only in terms of GDP but in terms of innovation, productivity, efficiency, transparency and good governance”.
 


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UK Appoints Peter Vowles as British High Commissioner to Nigeria

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The UK Government has announced the appointment of Mr Peter Vowles as the next British High Commissioner to the Federal Republic of Nigeria.

Mr Vowles succeeds Dr Richard Montgomery CMG and is expected to take up his post in Abuja in September 2026. Dr Montgomery remains in post until that time.

Mr Vowles brings extensive diplomatic and development experience to the role, having served as His Majesty’s Ambassador to Zimbabwe from 2023 to 2026 and previously as Ambassador to Myanmar from 2021 to 2022.

He has held senior leadership positions across the FCDO and its predecessor department DFID, including as Transformation Director and Director for Asia, Caribbean and Overseas Territories.

Earlier in his career, Mr Vowles worked in international development across South Asia, Central Africa and East Africa, including postings in Bangladesh, India, the Democratic Republic of Congo and Kenya. He began his career in Zimbabwe, where he worked in education and development.

Peter Vowles said: “I am honoured to be appointed as British High Commissioner to Nigeria. Nigeria is a country of immense importance to the United Kingdom, and I look forward to working closely with Nigerian partners to strengthen our relationship across trade, development and security.”


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Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

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World Bank has ranked the Apapa and Tin Can Island Port complexes in Lagos among the world’s 20 most improved ports in its 2025 Container Port Performance Index (CPPI), released in June 2026.

Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

The ranking places both ports in the “Top 20 Port Improvement Since 2020” category, reflecting significant gains in operational efficiency and vessel turnaround time.

The CPPI is a global benchmark used to assess the efficiency of container ports based on factors such as cargo handling speed, ship turnaround time and overall logistics performance.

According to the report, the improvement highlights ongoing reforms and modernization efforts within Nigeria’s maritime sector.

The Managing Director of the Nigerian Ports Authority (NPA), Mr Abubakar Dantsoho, attributed the recognition to ongoing policy reforms and infrastructure upgrades in the sector.

He said the development reflects the impact of economic policies of President Bola Tinubu and the support of the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola.

“With the investor-friendly policies of President Bola Ahmed Tinubu providing the impetus for increased investment to drive our port infrastructure and equipment modernisation programme, coupled with the unflinching support of the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, we have all it takes to further enhance trade facilitation, improve competitiveness and boost the national economy,” he said.

The NPA said the recognition is expected to strengthen investor confidence in Nigeria’s maritime sector and enhance the country’s position as a regional trade and logistics hub.

It noted that improvements in port operations are already contributing to increased efficiency in cargo movement and reduced delays at key terminals.

The authority also pointed to ongoing efforts to modernise port infrastructure and expand digital systems aimed at improving service delivery.

Earlier in February 2026, the NPA said the federal government had intensified efforts to position Nigeria as a leading maritime destination through port rehabilitation and modernization projects.

It also highlighted public-private partnership initiatives, including developments at the Lekki Deep Sea Port, as part of broader reforms aimed at improving efficiency and attracting investment.

The CPPI ranking is expected to further boost Nigeria’s maritime profile and encourage additional investment in the sector.


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PalmPay Joins Industry Leaders @ Digital Pay Expo 2026

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As digital payment adoption continues to grow across Nigeria and emerging markets, the next phase will depend not just on innovation, but on the strength, reliability, and trustworthiness of the infrastructure behind it.

While the ecosystem has made clear progress in recent years, trust remains a critical issue for users, businesses, and operators alike. Questions around resilience, security, interoperability and transaction reliability continue to shape how the market evolves and how confidently digital payments can scale.

These issues will be central to the deliberations at Digital Pay Expo 2026, where fintech leaders, payment operators, and other ecosystem stakeholders will gather under the theme, “Seamless Digital: Fostering Pan-African Market Expansion in the Era of AI.”

PalmPay’s participation reflects its continued commitment to building trusted and scalable payment infrastructure, while contributing to the broader industry efforts to strengthen systems, standards, and partnerships needed to support long-term ecosystem growth.

Speaking ahead of the event, Olorunfemi Hanson, Head of Marketing and Communications at PalmPay Nigeria, said: “As the financial services ecosystem continues to grow, trust and reliability become even more important.

“The industry’s next phase will be shaped not only by innovation, but by the strength of the infrastructure supporting it. Digital Pay Expo provides an important platform to address the resilience, interoperability, and trust issues that will shape the future of digital payments growth across Africa.”

The event, scheduled to be held from the 17th to the 18th of June, 2026, will feature Chika Nwosu, Managing Director of PalmPay Nigeria, alongside other distinguished guests, including the Director-General, Payment System Management Department (PSMD), Central Bank of Nigeria. The event will examine how the industry can balance innovation, regulation, and scalability while strengthening trust across the digital payments value chain.

For PalmPay, this event reinforces its role in supporting a more resilient, secure and scalable payments ecosystem for Nigeria and emerging markets more broadly.


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