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NCC Inaugurates Multi-Sectorial Committee on e-Fraud

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The Nigerian Communications Commission (NCC) has inaugurated multi-sectorial Committee on e-Fraud to drastically curb crime in the country.

Inaugurating the multi-sectoral committee on Wednesday in Abuja, the Executive Vice-Chairman of NCC, Prof. Umar Danbatta, said the committee would develop a plan for the implementation of the MoU aimed at checking e-fraud among others.

Danbatta assured that the commission would work closely with critical stakeholders and other relevant agencies to implement technical and operational solutions in checking e-fraud.

He said that the Customer Service and Fraud Operations team in Banks and Mobile Network Operators needed stronger processes and tighter guidelines on how to detect potentially fraudulent activities.

The NCC boss also said that victims should be compensated when prevention mechanisms failed, emphasising that effective collaboration between government agencies and private organisations was pivotal in tackling electronic fraud.

Danbatta said, “With the attainment of 35.4 per cent broadband penetration, cyber criminals, hackers and other unscrupulous elements are exploiting platform vulnerabilities to gain illegal access to bank accounts.

“Illegal access through phishing and other social engineering ploys, such as fraudulent SIM swaps to bypass authentication systems, regardless of whether the transactions are conducted via mobile phone, desktop browser, or point of purchase.

“With this in mind, members of the committee have been carefully selected to provide broad perspectives and leverage their diverse experience to successfully deliver on this critical assignment.

“Understandably, our expectations are high and we look forward to a comprehensive and all-encompassing output from the committee.”

Earlier, Mrs Felicia Onwuegbuchulam, Director, Consumer Affairs Bureau, NCC, said prior to the Stakeholders Forum, financial fraud, using telecom platforms, was pervasive crossing borders and boundaries as well as industry spectrum.

Onwuegbuchulam said the negative implications of such frauds were not only huge in financial losses but also high in “reputational damage to telecoms operators, financial institutions, regulators, security agencies and the nation.“

“The commission has also been inundated with complaints on the unceasing cases of financial fraud via the use of telecom platforms.

“As a result, NCC is poised at seeking initiatives aimed at creating greater awareness on the issues as well as creating ways of mitigating problems arising from their occurrence.

“The Stakeholders forum is indeed one of the initiatives put in place by the commission to harness ideas and solutions toward solving the menace,” she said.

The stakeholders comprise Central Bank of Nigeria (CBN), the Nigerian Police Force (NPF), the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices Commission (ICPC) among others.

The committee is made up of members from the Central Bank of Nigeria (CBN), Nigerian Communications Commission (NCC), Federal Competition and Consumer Protection Commission, National Inter Bank Settlement System.

Others are: National Identity Management Commission, Telecom Service Providers (ALTON), Banks, Security agencies and Ministry of Justice. It would be recalled that the MoU, proposed January this year in Abuja, is one of the resolutions of the Stakeholders Forum of Financial Fraud using Telecoms Platforms.


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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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