Telecom
Ruwase says there is no better time to harness ICT than now
Mr.Babatunde Ruwase, President, Lagos Chamber of Commerce and Industry, (LCCI) has said that there is no better time to harness the benefits of ICT than now, that the Nigerian economy is in dire need of diversification and sustainable recovery.
Ruwase, disclosed this on Wednesday at the 2018 Information Communications Technology and Telecommunications Expo (ICTEL EXPO) held at Eko Hotels & Suites, Victoria Island, Lagos.
He emphasized that ICT is strategic in driving productivity and efficiency in all sectors of the economy, noting that virtually all sectors leverage ICT for optimal performance.
He added that the impact of ICT in the economy can be seen in the financial service sector, where electronic banking is now the vogue, the agricultural sector, where government allocates farm inputs through mobile phones to farmers, the consumer goods sector where online stores and e-commerce has brought an incredible transformation to retail business.
“The fact is that ICT has become the backbone of businesses,” he stated
Ruwase, said that in spite of the phenomenal growth we have witnessed in the sector over the last two decades, that there is still enormous potentials yet untapped, stressing that the Expo is one of the major platforms that offer opportunities to unlock these untapped potentials.
He noted that Lagos Chamber of commerce and industry through the Expo is providing a credible platform to advance the opportunities and linkages in the world of ICT.
“We are committed to the building of economic and commercial ties across all subsectors and players in the ICT sector.
“We plan to continuously broaden the horizon and scope of the Expo over the coming years.
“We see great investment opportunities coming from closer interactions and business integration among ICT players and their customers,” he added.
Dr Abdul-Raheem Adebayo Shittu, Minister of Communications, speaking at the event said that Federal government is committed to support the growth of digital economy in the country.
The minister represented by Mrs.Monisola Udoh, Director of ICT, ministry of communications, said that “we are committed to supporting digital economy in its laudable endeavor and vision to bridge the gap between Nigeria and the rest of the world in information and communications technology”.
He noted that the ministry will support the establishment of companies or organizations in the area of hardware and software by ensuring that they are protected through regulations or other means.
He said, “We will assist them to grow. We have accepted that Nigeria must take the leadership role in Africa’s ICT ecosystem.
“Therefore, we are amenable to PPP relationships to drive the ministry’s projects, 2018 and beyond must be a year of action.”
He stated that to ensure efficiency and competitiveness in the 21st century ICT ecosystem, “the ministry had conceived a national ICT park and exhibition centre in the federal capital territory and other parts of the country.
“Proposed the establishment of a National ICT bank and full implementation of the national broadband plan, ICT roadmap 2017-2020 and the implementation of the eGovernment masterplan.”
He added that his ministry will collaborate with the organizers of ICTEL to create a platform where organizations and startups can pitch their innovative ideas.
These ideas according to her will be passed through a structured selection process to come up with marketable innovations for implementation by the federal government.
Telecom
FG Plans EO to Criminalise Fiber Cable Damage Costing Telcos Billions
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.
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.”
Telecom
Telegram Eyes 1Bn Users amidst Political Pressures
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.
Telecom
NITDA, NIMC Announce Collaboration To Strengthen Digital Economy
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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