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.
By Adedapo Adesanya
The Nigerian Communications Commission (NCC) on Monday approved a 50 per cent tariff increase on calls, SMS, and internet data for telecoms companies in the company.
This comes after telcos suggested a 100 per cent hike in the tariffs, the first of such changes in over 10 years.
Despite the recommendation, the NCC was concerned about the impact this would have on Nigerians, who are battling a cost of living crisis.
The NCC rationalised the 50 per cent hike, saying it wanted to strike a balance between protecting consumers and ensuring the industry’s sustainability.
“The adjustment, capped at a maximum of 50 per cent of current tariffs, though lower than the over 100 per cent requested by some network operators, was arrived at taking into account ongoing industry reforms that will positively influence sustainability,” a statement from the NCC read on Monday night.
Recall that the Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, has said the federal government may consider between 30 and 60 per cent hike in tariffs.
“I think it should not be more than anywhere between 30 and 60 per cent,” he said during an interview recently.
On his part, the Chief Executive Officer of MTN Nigeria, Mr Karl Toriola, said telcos are proposing a 100 per cent increase in tariffs to the Nigerian government.
He, however, pointed out that it won’t get such approval but said a substantial change, beneficial to all stakeholders, could be agreed upon.
It is not certain what the reaction of the telcos may be concerning this new development. If they disagree with the approval, it may lead to another round or dialogue or limitation of service offerings.
By Modupe Gbadeyanka
The acceptance of the Naira for payments for cloud services in Nigeria by global cloud leader, Amazon Web Services (AWS) has continued to excite its customers in the country.
Before now, Nigerians subscribing to the company’s cloud services were forced to purchase foreign currencies, particularly the United States Dollar (USD).
But to make transactions easier for its teeming clients in the country, AWS announced it was now accepting payments in local currency.
“With payments in their local currencies, customers can avoid foreign exchange costs associated with making foreign currency payments.
“This also removes payment friction for customers in countries where local regulations put limits on the foreign currency amount a customer can access,” the American firm said in a statement.
By lowering the barrier for Nigerian companies to pay for cloud services in their local currency, AWS has given itself an edge, but the growing local alternatives may still present a challenge.
The organisation said it is not just about price anymore—it’s about local relevance and helping businesses navigate the complexities of Nigeria’s economic environment.
The decision of AWS to accept naira payments comes in response to the growing appeal of local cloud providers in Nigeria.
Recall that in January 2023, the firm launched its AWS Local Zones facility in Lagos to reduce latency and improve performance for Nigerian businesses—often an important factor since many Nigerian companies host their services in AWS’s European region due to geographical proximity.
By offering a new payment option alongside this infrastructure, AWS can solidify its foothold in the Nigerian market, especially as local providers continue to present an attractive, economically aligned alternative.
“This is a welcomed development. We have been waiting for this to happen for a long time. I am glad it has finally become a reality. I don’t need to buy forex (foreign exchange) to pay for Amazon cloud services,” a tech enthusiast based in Lagos, Mr Kolade Adewale, told Business Post.
“I want to believe that the competition from Microsoft’s Azure may have forced AWS to include the Naira as a payment option. This is what competition does to the market. You can see such in the telecommunications and petroleum sectors with Dangote Refinery,” another tech enthusiast, Mr Goke Fashina, said.
By Adedapo Adesanya
The Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, has said the federal government may consider between 30 and 60 per cent hike in tariffs and not the 100 per cent proposed by telecommunications companies in the country.
“I think it should not be more than anywhere between 30 and 60 per cent,” he said during an interview on Channels Television on Wednesday night, monitored by Business Post.
He said that even though the companies are insisting that a 100 per cent increase is what is needed to stabilise the sector, the government knows that such a level of increase will be harmful to the people.
“We have already made it clear that we are not going to approve 100 per cent. These companies are asking for 100 per cent, stating clearly that this is what they believe they need to get.
“But what we are looking at in terms of the sector is that if this is the sector that is responsible for driving growth in our country, it will be harmful to our people to allow MNO to increase by 100 per cent,” Mr Tijani said.
The Minister noted that the Nigerian Communications Commission (NCC) is still working on the tariff increase and is yet to arrive at a particular figure.
This points to continued standoff after it was widely expected that the tariffs will be announced last Friday.
According to him, it is necessary to look at the numbers, the implication any increase will have on the people and the sustainability of the sector for proper balancing.
Mr Tijani said that for mobile network operators to improve their service to the required standard, there is a need for them to keep improving their equipment.
Speaking recently, the Chief Executive Officer of MTN Nigeria, Mr Karl Toriola, said telcos are proposing a 100 per cent increase in tariffs to the Nigerian government.
He, however, pointed out that it won’t get such approval but said a substantial change, beneficial to all stakeholders, could be agreed upon.
“So, I’m not sure they will give us 100 per cent, but I am optimistic they will give us something substantial and maybe progressively over the course of the year we can have smaller adjustments that will help us to get back to where we need to be,” Mr Toriola said.
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