Telecom
NIPOST Gets Zero Allocation from Ministry’s N137.2Bn Capital Vote

Nigeria Postal Service (NIPOST) got zero allocation from N137.2billion capital votes earmarked for the Ministry of Communication and Digital Economy as well as the three parastatals under it in the proposed 2022 budget.

The same parastatal is also billed for unbundling into three agencies by the Federal government next year.
In the proposed N160.593billion budget for the Ministry, NIGCOMSAT, NIPOST and NIMC, the main ministry got N85.231billion for capital votes , NIMC N46.533billion, NIGCOMSAT N5.440billion while NIPOST has zero allocation.
Minister of Communication and Digital Economy, Dr Isa Ali Pantami, made the disclosure on Thursday while defending his Ministry’s 2022 budget estimate before the joint committee of the National Assembly on Communication.
Reacting to the proposal, the Chairman of the Committee, Senator Oluremi Tinubu said it was wrong for the agency not to be allocated any capital vote for 2022 fiscal year.
The ranking Senator thereafter asked the Minister whether the zero capital budget allocation proposed for NIPOST in 2022 was based on non – request by the agency or lack of fund.
The Commitee, she added , may have no choice but to appropriate something for the agency if there is no valid reason for the zero allocation.
Responding to Senator Tinubu’s explanation, Pantami said he was not against some votes taken from the capital estimates of the Ministry for NIPOST.
He said: “I’m not against the Committee taking about N200million from N85.231billion capital vote of the Ministry to NIPOST”.
The Minister also stated that out of the 2022 total budget profile of N160.593billion proposed for the Ministry and the three agencies under it, the Ministry got a total of N86.488billion, NIGCOMSAT N8.226billion, NIPOST N13.116billion and NIMC N52.761billion.
On the increase observed in the personnel cost of the Ministry which rose from N981m OKappropriated in 2020 to N1.032billion proposed for 2022 fiscal year, Pantami attributed the increase to emoluments of newly recruited staff posted to the Ministry by the Federal Civil Service Commission.
The Minister also disclosed that unbundling of NIPOST will be carried out in 2022 by setting up three different agencies out of it particularly Property and Development Company that will manage the 2,500 properties of the agency scattered across the country.
Telecom
Surge in Fibre Cuts Hobbles Service Provisioning

Nigeria’s telecom operators recorded 155, 397 fibre-cut incidents between April and May 2026, and these they blame on why internet or calls suddenly stop working.

Data from the Nigerian Communications Commission (NCC) showed fibre-cut incidents increased from 74 276 in April to a record 79 121 in May, bringing the two-month total to the highest level recorded by the industry.
This represents a 2 428% increase from the 5 934 incidents reported during the first quarter of 2026.
Vandalism remained the leading cause of fibre cuts, accounting for more than 54 000 incidents despite telecom infrastructure being designated as Critical National Information Infrastructure, a classification intended to strengthen protection of key digital assets.
Also road construction constantly damages fiber where iggers and machines tear up buried cables during road repairs or construction.
Even with all these, some state governments make it hard for companies to fix cables quickly across different areas with all manners of fees and levies.
The NCC designation provides for penalties of up to 10 years’ imprisonment for offenders, but operators continue to face widespread infrastructure damage.
Proposed solutions, including Nigeria’s Dig-Once policy and AI-powered fibre sensing technologies, have yet to achieve widespread adoption.
The NCC is developing a cost-based framework for shared underground duct infrastructure, while operators are exploring AI-powered fibre sensing technologies that can detect cable damage in real time and improve network resilience.
Nigeria is pursuing ambitious broadband targets under its National Broadband Plan and has expanded fibre deployment to about 35 000 kilometres.
However, infrastructure protection has not kept pace with network expansion, leaving subscribers vulnerable to unreliable connectivity despite continued operator investment.
Telecom
Helios Towers Secures $29m Facility to Expand Across Africa

Standard Bank has partnered with Helios Towers to provide a $29 million Social Documentary Credit Facility. According to the financial services company, this transaction marks Standard Bank’s first Documentary Credit Facility structured in a Sustainable Finance format.

It notes that the facility will support the procurement and importation of telecommunications infrastructure and related services across Africa.
It will also provide payment certainty to suppliers, while supporting Helios Towers’ working capital requirements and infrastructure expansion programme, the bank adds.
Structured in accordance with the Loan Market Association’s Social Loan Principles, the financing is designed to promote digital connectivity and telecommunications infrastructure development in underserved markets.
This will help Helios Towers further expand its footprint and enhance mobile network coverage and connectivity across the continent.
Helios Towers operates one of Africa’s independent telecommunications tower platforms, enabling mobile network operators to extend coverage across multiple markets.
Standard Bank notes that the facility supports the expansion of tower infrastructure and services, increased network densification and improved connectivity in underserved markets and remote regions across the African continent.
It will also drive digital inclusion and tackle the digital divide while supporting economic growth and socio-economic development.
“This transaction demonstrates the power of innovation in trade finance. By combining a first-to-market Social Documentary Credit Facility with a cross-border funding solution, Standard Bank has supported Helios Towers’ growth ambitions while helping extend digital connectivity to underserved communities across Africa,” says Benoit Samouilhan, global transaction banker at Standard Bank Corporate and Investment Banking.
According to the bank, this facility enables positive social impact by increasing and improving network coverage and connectivity in some of the world’s most remote regions.
“Reliable digital infrastructure is fundamental to Africa’s future growth and development,” says Alex Carter, group finance director at Helios Towers.
“This facility provides us with the flexibility and certainty needed to support our ongoing infrastructure investments while advancing our mission of expanding connectivity across the continent. We value our longstanding relationship with Standard Bank and look forward to building on this partnership.”
Telecom
NCC Begins Stakeholder Consultation on MVNO Business Rules

Nigerian Communications Commission (NCC) will on Thursday convene a stakeholders’ consultative forum to review the draft business rules for Mobile Virtual Network Operators (MVNOs) in Nigeria.

NCC
The forum, scheduled to hold at 10 a.m. at the NCC Annex Office, Mbora, Abuja, is expected to bring together telecommunications operators, industry associations and other stakeholders to provide input on the proposed regulatory framework before its finalisation.
The commission announced the event on its official social media platforms, inviting interested stakeholders to participate in the consultation process.
The engagement is part of the NCC’s efforts to strengthen the regulatory framework for MVNO operations and promote greater competition, innovation and consumer choice in Nigeria’s telecommunications sector.
Mobile Virtual Network Operators are telecommunications service providers that offer mobile services by leasing network capacity from licensed Mobile Network Operators (MNOs), rather than owning spectrum licences or telecommunications infrastructure.
The NCC has identified the MVNO licensing framework as one of its initiatives aimed at deepening competition, expanding access to telecommunications services and driving digital inclusion across the country.
The consultative forum is expected to provide stakeholders with the opportunity to review the draft business rules, make recommendations and contribute to the development of a robust operational framework for the emerging MVNO segment.
The commission is expected to issue further details on the outcome of the consultation after the meeting.
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