Technology
Pantami, Others for Business Metrics Forum on $2.6bn Telecom Capital Flights
By Dipo Olowookere
On Thursday, August 5, 2021, by 10:00 am, stakeholders in the telecommunications industry will gather at a policy forum organised by an online business and tech-focused newspaper, Business Metrics.
The event is part of the platform’s new dialogue platform for stakeholders to drive various policies in the country towards effective implementation tagged Policy Implementation Assisted Forum (PIAFo).
The first series of the event slated for next month is themed National Policy for Promotion of Indigenous Content in the Nigerian Telecommunications Sector and will have the Minister of Communications and Digital Economy, Mr Isa Ali Ibrahim Pantami, in attendance. He is expected to deliver a keynote address at the forum.
Also expected to grace the virtual event is the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Professor Umar Garba Danbatta; the Director-General of Nigerian Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi; and the Director-General of the National Office for Technology Acquisition and Promotion, Dr DanAzumi Mohammed Ibrahim.
In addition, the forum will have in attendance members of the Association of Telecommunications Companies of Nigeria (ATCON), the Association of Licensed Telecoms Operators of Nigeria (ALTON), the Nigeria Internet Registration Association (NiRA) and the Institute of Software Practitioners Organisation of Nigeria (iSPON).
According to the convener of the forum, PIAFo is designed in series and targeted at addressing policy implementation failure which is a major challenge in the administration of affairs across the various sectors that have a direct bearing on the socio-economic wellbeing of the country.
The methodology deployed by PIAFo to achieve its goal derives from a multi-stakeholder engagement and dialogue whereby a policy is dissected and all parties from private to public sectors, who have a role to play in execution, are firstly identified and then brought together at the forum to digest the policy and how they key into it.
The first series of the forum, tagged PIAFo-001 is focused on National Policy for Promotion of Indigenous Content in the Nigerian Telecommunications Sectors, one of the latest policies in the Nigerian telecom industry launched recently by President Muhammadu Buhari.

The Managing Editor of Business Metrics and Chairman, Organising Committee, PIAFo-001, Mr Omobayo Azeez, assured that participation of stakeholders across the concerned sector has been secured to chart a way for the effective implementation of the policy which seeks to stem $2.6 billion annual capital flights in telecoms industry by promoting alternative solutions that come with ease of doing business.
According to him, the forthcoming forum combines the criticality of the telecoms sector as an enabler of the economy and that of promotion of local contents which is an economic catalyst to bridge the policy implementation vacuum in Nigeria.
“The general impression expressed by people on a daily basis that Nigeria is good at policy pronouncement but often fails in implementation is about to become a thing of the past. PIAFo is dedicated to stimulating implementation and tracking progress with measurable metrics.
“The policy execution failure that has been experienced over the years is ascribed to many factors such as poor awareness, shallow stakeholders’ engagements, lack of monitoring and poor periodic assessment to track progress.
“To change this narrative, PIAFo is equipped with strategic objectives to serve as a brainstorming platform for policy assimilation; to identify demands of government policies from individual stakeholders involved; to coordinate multi-stakeholder efforts towards achieving policy objectives; to ensure effective policy implementation and to assess implementation level of policies over time,” Mr Azeez said.
To achieve an all-encompassing treatment of the policy, a nexus of topics derived from the theme of the forum would be discussed by managing directors and chief executive officers of MTN Nigeria, Pan African Towers, Globacom Nigeria, VDT Communications, Airtel Nigeria, MainOne Cables, IHS Nigeria Limited and Broadbase Communications Ltd.
Meanwhile, the objectives of the indigenous content promotion policy in focus are to create a framework for supporting indigenous telecom businesses to become world-class service providers; to ensure compliance with existing regulatory guidelines for indigenous content; to highlight and promote indigenous capacities in the telecommunications sector, and to foster collaboration between global Original Equipment Manufacturers (OEMs) engaged in the manufacturing of telecommunications equipment and indigenous players.
Others are to ensure strategic partnerships with relevant regulatory agencies to create joint efforts to promote indigenous content; to enable the indigenous telecom industry to contribute significantly towards the overall development of the telecom industry, and to encourage and incentivise the participation of indigenous telecom institutions in relevant Standards Development Organisations.
Technology
Nigeria to Launch NIGCOMSAT Satellites in 2028, 2029
By Adedapo Adesanya
Nigeria has set 2028 and 2029 as the timeline for the deployment of its new satellites, NIGCOMSAT-2A and 2B, respectively.
The Managing Director of NIGCOMSAT, which is Nigerian Communications Satellite Limited and the premier satellite operator in Nigeria, Mrs Jane Nkechi Egerton-Idehen, disclosed this at the second Nigerian Satellite Week in Abuja on Monday. She noted that the development is expected to boost military intelligence, surveillance, and regional connectivity.
“For 2A and 2B, we have started the process. We have closed the tender and are now back into the financing and implementation stage. 2A is built to come up in 2028, and 2B for 2029.
“When they are up and running, they are expected to provide security within the borders and neighbouring countries. They will support the security agencies because data collection and intelligence in real time is important. Satellites like communication satellites allow that, irrespective of where they are,” she said.
In his remarks, the Minister of Communications and Digital Economy, Mr Bosun Tijani, said the satellites form part of the nation’s strategy to strengthen digital infrastructure.
Mr Tijani explained that the satellites will complement ongoing investments in 90,000 kilometres of fibre-optic cable and nearly 4,000 telecom towers, which are being rolled out nationwide and extended to neighbouring countries, including Cameroon, Niger, Chad, Burkina Faso, and the Republic of Benin.
He stressed that satellite technology is critical for national development, affecting education, agriculture, business, and emergency response.
“The president’s approval of NIGCOMSAT-2A and 2B demonstrates a clear commitment to building the future. These satellites will enhance security, connect remote communities, and extend our fibre-optic network into neighbouring countries,” he said.
“Some of these neighbouring countries pay up to ten times more for internet capacity than Lagos. Extending our fibre network will not only improve connectivity but also enhance border security and regional collaboration.
“Satellite technology affects everything, from how a child in a rural community accesses the internet to how farmers make critical decisions and how businesses operate across distance,” the Minister said.
Also speaking, the Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, welcomed the development, saying the military will leverage the satellites for operational efficiency.
“The Nigerian Army will continue to use space assets to improve intelligence gathering, surveillance, and operational coordination across all theatres of operation,” he said at the event, represented by Major General Kennedy Osemwegie, Commander of the Nigerian Army Cyber Warfare Command (NACWC).
Technology
Interswitch, KCB Group to Deliver Innovative Financial Solutions in East Africa
By Modupe Gbadeyanka
A partnership to advance digital payments and financial inclusion across East Africa has been strengthened between Interswitch and KCB Group.
Both parties have agreed to expand digital payment infrastructure and deliver innovative financial solutions that meet the evolving needs of individuals, businesses, and institutions across the region.
The aim is to accelerate seamless, secure, and inclusive digital payments in East Africa, where the leading Africa-focused integrated payments and digital commerce enabler, Interswitch, recently announced an expansion of Verve card acceptance footprint, leveraging its consolidated partnership with KCB Group, Kenya’s largest financial services group by assets, following a similar move in Uganda through the local KCB Franchise in February 2022.
During a recent executive engagement at KCB Group headquarters in Nairobi, the chief executive of Interswitch, Mr Mitchell Elegbe, held high-level discussions with KCB leadership, including its chief executive, Paul Russo.
At the core of the strengthened collaboration is the integration of Interswitch’s robust payment rails, card scheme, and emerging digital token solutions with KCB Group’s expansive regional footprint and trusted banking franchise.
This integration enables the acceptance of Verve cards and tokenised payment solutions across KCB’s extensive merchant point-of-sale network in Kenya and Uganda, significantly enhancing everyday usability for customers while strengthening KCB’s digitally driven retail payments offering.
The consolidated partnership is expected to drive increased merchant acquisition, improve interoperability across payment ecosystems, and expand access to secure, cashless transactions. It also reinforces both organisations’ shared objective of deepening financial inclusion and accelerating digital commerce across East Africa.
“Our collaboration with KCB Group represents a powerful alignment of vision and capability. By combining our technology-driven payment solutions with KCB’s strong regional presence, we are unlocking new opportunities to scale access, drive innovation, and deliver greater value to customers across East Africa,” Mr Elegbe stated.
Technology
Telcos to Compensate Customers for Service Disruptions—NCC
By Adedapo Adesanya
The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) to provide compensation to subscribers whose network quality of service experience is below specified targets within specific locations.
In a Sunday statement, the commission noted that its position is that customers should not be made to bear the full burden of service disruptions where operators fail to meet prescribed standards of service delivery.
Under this directive, NCC said erring operators would compensate affected users directly for breaches of Quality of Service (QoS) Key Performance Indicators (KPIs).
Mobile Network Operators (MNOs) will be required to pay these compensations for instances of poor quality of service recorded within specified time frames.
“The compensation will be provided in the form of airtime credits, calculated based on subscribers’ average spending patterns and their presence within Local Government Areas where service failures occur”, according to the statement.
The directive is rooted in the agency’s broader regulatory philosophy that places the consumer at the centre of Nigeria’s telecommunications ecosystem.
“Telecommunications services today underpin economic activity, social interaction, and access to digital opportunities. When service quality is poor, the consequences affect productivity, commercial activities, and even public confidence in our communications system.
“While regulatory fines have traditionally served as a deterrent against poor service delivery, the Commission is adopting a more consumer-focused approach that strengthens accountability within the industry”.
The commission explained that it has designed this measure to complement existing and ongoing efforts to strengthen service quality monitoring and enforce performance standards.
Further to this directive by the commission to MNOs on compensation to consumers, the regulator has mandated Tower Companies that own the critical infrastructure, such as masts, for Quality of Service delivery, to invest in infrastructure with measurable outcomes using sums that it has fined these companies, in addition to other financial fines the Commission will deem appropriate.
“The commission will continue to reinforce the obligation of operators to invest consistently in network resilience, capacity expansion, and infrastructure upgrades to meet the growing demand for telecommunications services.
“At the same time, it will deploy regulatory tools that promote fairness, transparency, and accountability across the sector, ensuring that every subscriber receives the quality of service they deserve while sustaining a telecommunications industry capable of powering Nigeria’s digital future”, the statement added.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
