News
Ndukwe Beckons Global Investments for Nigeria’s Broadband
Ernest Ndukwe, executive vice chairman, Nigerian Communications Commission (NCC) has extended Nigeria’s invitation to the international investment community, in respect of the huge broadband infrastructure deployment and services opportunities in the country and the continued rise in demand for telecom services.
Ndukwe who spoke at the World Telecommunications Policy Forum (WTPF) hosted by the International Telecommunications Union (ITU) in Lisbon, Portugal, also attributed the huge success in the current funding of the telecoms and ICT sector in Nigeria to the consolidation programme of the banking sector which has equipped the nation’s banks with the wherewithal to match the financial needs of the industry.
According to him, “the recent Nigerian banking consolidation had resulted in the emergence of large strong national banks with large portfolios, who have become the local financiers of the ICT industry in Nigeria.”
The forum was preceded by a session titled ‘Strategic Dialogue on ICTs’ with the theme: “Confronting the Crisis,” which brought together leaders from government and the industry to address the problems facing vendors, operators and governments in the face of the ongoing global crisis with an objective of formulating proactive strategies to help the ICT industry weather the storm, while leveraging the power of ICT to accelerate economic recovery in other sectors.
Dr. Hammadoun Toure, secretary general of ITU, in his opening remark reiterated the need for frank and divergent discussions, which are essential for the development of appropriate strategies that would lead to the recovery.
In a session moderated by Mr. Stephen Cole, Al Jazeera anchorman, who described Ndukwe and his Commission as one of the best telecom regulators in the world, sought to know how the global economic meltdown has particularly affected Nigeria’s fortune in the sector over the period.
Ndukwe in his response noted that Nigeria is an integral member of the global economy and that some portions of the Nigerian ICT industry are funded by overseas investors. He said given this scenario, the attendant repatriation of funds by foreign investors has had some negative impact on the smaller companies who are less able to attract foreign investments.
The NCC boss said notwithstanding this situation, the Nigerian consumers have continued to demand for more services while uptake of ICT services has resulted in huge growth in the number of subscribers, which has in turn created the need for more investments, especially in the area of broadband and Internet services.
Ndukwe who was the only participant from the developing countries in the session spotted the various divergences in the economic crisis, noting that the global economic meltdown is truly global and demanded a global effort to deal with the effects that the crisis is having on nation states.
In another session chaired by Mr. Michael Copps, acting chairman of the Federal Communications Commission (FCC) of USA, the panel recommended the need for a Marshal Plan for broadband expansion across all nations as one of the strategies to ameliorate the impact of the global economic meltdown – a position which tallies with the Federal Government of Nigeria through the NCC’s State Accelerated Broadband Initiative (Sabi) and the Wire Nigeria (Win) projects focused on stimulating the spread of broadband and Internet services across the country by building fibre optic cable infrastructure in all the state capitals and commercial centres, including the provision of subsidies for the private sector to contribute.
Copps related how the Obama administration has demanded the FCC to develop a new national broadband plan as a key element for the US’ economic recovery.
The recommendations of the various panels at the forum have indicated that broadband has become a new frontier to weather the storm of the global economic meltdown.
News
Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

Lagos State has dragged 45 individuals and firms, including Bi-Courtney Aviation, DAAR Communications and Leaders & Company, to revenue court for tax debts running into billions of naira.

Lagos Govt
Bi-Courtney, operators of Murtala Muhammed Airport Terminal Two, faces N38.7 million claim; DAAR, behind Africa Independent Television, owes N22.4 million; ThisDay publishers Leaders & Company allegedly skip N67.1 million.
GMT Energy Resources tops corporates at N145.8 million, followed by Sheriff Deputies at N132.1 million; others like Heyden Petroleum, AA Rescue, BRT operator Primero also listed.
Individuals owe N13.5 million to N35 million each.
Attorney-General Lawal Pedro said suits followed ignored notices, aiming to enforce laws and fund infrastructure.
More defendants: IENG Nigeria, James Fisher, V Care Diagnostics, Venture Garden, Saro Africa, Barry Callebaut, Native Media, First Consulting, Eyowo Payments.
Compliant taxpayers post-notice escaped prosecution; defaulters risk penalties, interest, jail.
Pedro urged prompt filings and payments.
News
Beware of Fake Cerelac Products – NAFDAC

National Agency for Food and Drug Administration and Control (NAFDAC) has alerted Nigerians on counterfeit and unregistered Cerelac Mixed Fruits and Wheat products being sold in Lagos.

NAFDAC said Nestle Nigeria, the genuine Marketing Authorisation Holder of the product, received a complaint of suspected counterfeit purportedly manufactured by Nestlé Spain, bearing Batch Code 308002910.
It said that Nestle Nigeria reported that the complainant described that the counterfeit product emitted an odour suggestive of possible contact with fuel.
NAFDAC said that preliminary review of the product by Nestle Nigeria indicated that it had expired, in spite of the container displaying an expiry date of 10-2026, which suggested that the date coding had been tampered with (revalidated).
Nestle Cerelac Mixed Fruits and Wheat is a nutritious infant cereal, designed to be a delicious first food for infants.
NAFDAC said that its post-marketing surveillance’s directorate officers in Lagos conducted a surveillance visit to Maxland Shopping Centre, 193 Ago Palace, Okota, where the product was purchased by the complainant.
It added that the suspected counterfeit and unregistered Cerelac were found on sale at the premises and subsequently mopped up, while Nestle assisted in identifying the distinguishing features between registered and unregistered product.
According to the regulatory agency, Nestle revealed that the unregistered product used a hyphen (-) to separate the day from the year, while the registered product used a slash (/) to separate the day from the year.
“It is important to note that Nestle Nigeria is not aware of the channels through which the products are supplied into the country.
“Healthcare professionals and consumers are advised to report any suspicion of the sale of substandard and falsified regulated products to the nearest NAFDAC office, call 0800-162-3322, or send an email to [email protected],” NAFDAC said.
The agency warned that counterfeit formula often lacked essential nutrients, vitamins and minerals, leading to stunted growth or developmental issues.
It said that such formula might also contain contaminants that might lead to severe health consequences to infants or even death.
NAFDAC reiterated its commitment to safeguarding public health adding that it would continue surveillance activities to ensure the quality, safety, and efficacy of all NAFDAC-regulated products circulating in Nigeria.
It said that all zonal directors of the agency and state coordinators had been directed to carry out surveillance and mop up the revalidated product, if found within the zones and states.
The agency urged distributors, retailers, healthcare professionals, and caregivers to exercise caution and vigilance within the supply chain, to avoid the distribution, sale, and use of fake products.
News
NITDA Strengthens Collaboration with NIPSS to Drive Digital Innovation, Orange Economy Growth

The National Information Technology Development Agency (NITDA) has reinforced its commitment to advancing Nigeria’s digital transformation agenda through strengthened collaboration with key strategic institutions, as it hosted the Director General of the National Institute for Policy and Strategic Studies (NIPSS), Professor Ayo Omotayo, alongside participants of the Senior Executive Course (SEC) 48, 2026.

The visit, which builds on an earlier strategic study tour, provided a platform for in-depth engagement on the role of digital innovation in driving sustainable economic growth, with particular focus on the Orange Economy.
Representing the Director General of NITDA, Kashifu Inuwa CCIE, the Director of Stakeholder Management and Partnerships, Dr Aristotle Onumo, highlighted the Agency’s commitment to fostering a vibrant digital ecosystem through inclusive policies, strategic partnerships, and capacity development initiatives.
“NITDA is committed to creating an enabling environment where innovation can thrive by bringing together government, private sector, academia, and creatives to drive Nigeria’s digital economy,” he stated.
Inuwa underscored the growing importance of the Orange Economy, describing it as a critical driver of innovation and economic value through intellectual property. He identified sectors such as digital content creation, film, animation, and digital art as key contributors to national development.
“The Orange Economy represents a powerful opportunity to transform our rich cultural heritage and creativity into sustainable economic growth,” he noted.
He further highlighted Nigeria’s unique advantage, particularly its youthful and creative population, while calling for stronger collaboration among stakeholders to fully harness the sector’s potential.
“With our youthful population and rich cultural assets, Nigeria is well-positioned to become a global leader in the Orange Economy if we deepen collaboration and investment across the ecosystem,” he added.
During the engagement, NITDA also presented its strategic initiatives aimed at supporting the digital and creative sectors, including digital infrastructure development, promotion of digital literacy, and implementation of policies that enable startups and innovators to scale.
Addressing challenges facing the sector, Inuwa pointed to issues such as limited access to funding, infrastructure gaps, weak intellectual property protection, and ecosystem fragmentation, while emphasising the need for coordinated action.
“Addressing challenges such as funding gaps, infrastructure deficits, and intellectual property protection is critical to unlocking the full potential of Nigeria’s creative economy,” he said.
The Agency reiterated its target of achieving 70 per cent digital literacy by 2027, noting that ongoing programmes are equipping millions of Nigerians with essential digital skills, including those in underserved and informal sectors.
In his remark, Professor Omotayo described the visit as an important opportunity to deepen understanding of how digital technologies are reshaping economic sectors, particularly the creative industry. He noted that the insights gathered would contribute significantly to policy recommendations aimed at strengthening Nigeria’s economic framework.
Participants of the SEC 48 programme engaged actively during the session, raising questions on capacity development, access to tools, and frameworks for protecting digital content. NITDA highlighted its ongoing collaborations with industry stakeholders to provide training, innovation hubs, and access to digital tools for young Nigerians.
The engagement concluded with a renewed commitment from both NITDA and NIPSS to strengthen collaboration in research, policy development, and capacity building, aimed at positioning Nigeria as a globally competitive force in the digital and creative economy.
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