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NITDA Calls for Synergy Among Stakeholders in Curtailing Financial Fraud and Cybecrime

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National Information Technology Development Agency (NITDA), has condemned the labeling of many hardworking Nigerians in the Information Communication Technology (ICT) sector as criminals.

The agency was responding to the recent allegations of Financial Fraud and Cybercrimes leveled against some Nigerians, by the United States government.

NITDA, said that the action of a few individuals does not represent thousands of hardworking professional Nigerians with exemplary careers in Information Technology

Kashifu Abdallah Inuwa, director general/ CEO, NITDA stated that the action of a few individuals cannot be said to represent the action of thousands of hardworking Nigerian professionals with exemplary careers in Information Technology.

In a statement, Inuwa said that “The attention of the National Information Technology Agency (NITDA) has been drawn to reports in international media indicting scores of Nigerians for Cybercrimes in the United States.

“We also note a recent publication of a foreign-owned software company hitherto operating in Nigeria indicting its Nigerian employees for lack of integrity and duplicity.

“For the avoidance of doubt, NITDA is resolute that the action of a few individuals does not represent thousands of hardworking professional Nigerians with exemplary careers in Information Technology.

“Nigerian technology entrepreneurs, start-ups, scale-ups, and midsized companies have continued to blaze the trail in innovation and service provisioning in Africa and the world.

“We also celebrate thousands of Nigerian professionals who currently work and contribute to the development of innovation and Information Technology in leading multinationals operating globally.

“NITDA is concerned that knee jerk reactions following these allegations may lead to poor treatment of Nigerians living outside Nigeria or denial of certain financial services that may hamper economic growth or frustrate investments into Nigerian companies especially start-ups who need investments to sustain innovation.   “It is grossly unfair to taint an entire nation with a single brush for the alleged crimes of a few.

“We, therefore, encourage other nations who are friends of Nigeria to caution their local authorities from treating innocent Nigerians travelling or living in other countries in a derogatory manner or denying Nigerians services without proof of any crime.

“NITDA also acknowledges the hard work and commitment of several law enforcement agencies including the Office of the National Security Adviser (ONSA), the Economic and Financial Crimes Commission (EFCC), Nigerian Financial Intelligence Unit (NFIU) and the Independent Corrupt Practices and other related Offences Commission (ICPC) for their dedication to investigations and prosecuting cybercriminals.

“NITDA therefore calls on all stakeholders such as financial and security regulators, banks, payment infrastructure and aggregator companies etc. to proactively work together with the Agency to entrench positive cybersecurity practices and propose policy solutions to buck this trend.

“The Agency, in exercise of its mandate as contained in Section 6(l) of the NITDA Act 2007, which mandates the Agency to propose policies and legislation to improve cybersecurity, will in the coming weeks summon a critical stakeholder session of all stakeholders to assess our collective performance in preventing cybercrimes with a view at proposing ideas and policies to combat this scorching menace of cybercrimes.

“We urge all stakeholders to prepare proposals and ideas to improve preventive measures to curtail cybercrimes.”

 

 

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Telecom

FG Plans EO to Criminalise Fiber Cable Damage Costing Telcos Billions

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Nigeria will criminalize the destruction of broadband fiber cables following repeated complaints by MTN Nigeria Communications Plc and other telecommunications companies that they are losing billions of naira, according to people familiar with the matter.

FG Plans EO to Criminalise Fiber Cable Damage Costing Telcos Billions

Federal ministry of works, which supervises federal road constructors, is finalizing the regulation that will be signed as an executive order by President Bola Tinubu, said the people, asking not to be identified as they weren’t authorized to comment.

While there are presently laws against vandalism, the authorities are aiming to regulate construction firms more closely.

The order will enforce stiff penalties on offenders, said the people, declining to provide more details or say when it will be signed.

“Telecom assets are critical backbone that supports the economy across sectors,” said Temitope Ajayi, a senior presidential aide, who noted that the Association of Telecommunications Companies (ATCON) has been demanding the classification for years.

New rules will provide “further assurance that the Nigerian government will protect their investments against vandals and criminal elements.”

The Nigerian Communications Commission (NCC) estimates that the sector will make up more than a fifth of the country’s gross domestic product by the end of 2027, up from 13.5% in the third quarter of last year.

The move will help alleviate pressure on the telecoms sector, which is facing increased operating costs and sales pressures from a sharp depreciation in the currency and a threefold increase in energy prices.

Repairs and revenue losses from damaged cables is estimated to have cost the sector almost 27 billion naira ($23 million) last year alone, documents seen by Bloomberg show.

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 on 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 11 billion naira – enough to build 870 kilometers of new fiber lines to areas without coverage.

A presidential order on the matter would be welcomed, said Tony Izuagbe Emoekpere, president, Association of Telecommunications Companies of Nigeria.

“When it comes to communication infrastructure, they are destroyed at will, so we are eagerly awaiting the president’s order,” he said. “It would be a great boost to the industry, and it will also encourage investment.”

 

 


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Telegram Eyes 1Bn Users amidst Political Pressures

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Telegram, the messaging giant founded by Pavel Durov and headquartered in Dubai, anticipates hitting a remarkable milestone of one billion active monthly users within the next year.

Durov’s departure from Russia in 2014, prompted by governmental pressures to stifle opposition communities on his VK social media platform, underscores Telegram’s commitment to neutrality despite geopolitical challenges.

With 900 million active users currently, Telegram stands as a beacon of free speech in the digital realm, particularly influential in former Soviet Union republics and pivotal during conflicts like the Russia-Ukraine standoff.

Durov’s staunch advocacy for freedom of expression and opposition to censorship by tech giants like Apple and Google reinforces Telegram’s status as a neutral platform.

Opting for the UAE as its base, Durov cites its neutrality and openness as conducive to Telegram’s ethos, serving both opposition groups and governments alike while maintaining impartiality.

In Durov’s vision, the pursuit of freedom eclipses material gain, shaping Telegram’s trajectory as a bastion of digital liberation.

 

 


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NITDA, NIMC Announce Collaboration To Strengthen Digital Economy

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To further strengthen Nigeria’s digital economy in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda, the National Information Technology Development Agency (NITDA) and National Identity Management Commission (NIMC) have announced a collaboration on National Public Key Infrastructure (PKI) and Digital Public Infrastructure (DPI) to enhance and create synergy between digital identity, payment ecosystem, and secure & seemless data exchange capabilities for Nigeria.

During the meeting between the Director-General of NITDA, Kashifu Inuwa Abdullahi, and Director General of NIMC, Engr. Bisoye Coker-Odusote, with some management staff of both organisations, they discussed various initiatives, which include building DPI stacks for a secured and seamless data exchange and forming partnerships to transform the national identity system.

This collaboration also aims to harness the potential of the innovative ecosystem and emphasise the use of Public Key Infrastructure (PKI) to drive digital transformation in Nigeria.

To ensure a smooth implementation, a 12-man committee was set up. This committee will play a crucial role in kickstarting and harmonising the initiatives. It is expected to deliver a comprehensive implementation report within the next 4 weeks


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