ADVERTISEMENT
  • Home
  • About us
  • Contact us
Friday, December 5, 2025
TheScript Nigeria
  • Home
  • International News
  • Local
  • Press Release
  • Economy
  • Crime
  • Business and Finance
  • Education
  • Guest Column
No Result
View All Result
  • Home
  • International News
  • Local
  • Press Release
  • Economy
  • Crime
  • Business and Finance
  • Education
  • Guest Column
No Result
View All Result
TheScript Nigeria
No Result
View All Result
Home Press Release

Telecoms Key to Economic Diversification in Nigeria – Danbatta

thescript by thescript
December 18, 2020
in Press Release
0 0
0
Telecoms Key to Economic Diversification in Nigeria – Danbatta
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

The Executive Vice Chairman/CEO, Nigerian Communications Commission (NCC), Prof. Umar Danbatta has described as key the role of telecommunications to the diversification of the nation’s economy.

Prof. Danbatta made this assertion in his presentation to Course 29 Participants at the National Defence College, Nigeria, recently.

Speaking on a theme, “The Telecommunications Industry and National Development in Nigeria: The Roles of the NCC in Promoting Digital Economy”, he said, telecoms sector is the life-wire that will drive the National Digital Economy Policy and Strategy (NDEPS) of the Federal Government.”

He noted that the sector plays a dual role of contributing to the Gross Domestic Product (GDP) and being an enabler to other sectors of the economy.

“Telecommunications is key to the diversification of the Nigerian economy, as the telecom sector played a dual role of contributing to the Gross Domestic Product (GDP) and being an enabler to other sectors of the economy,” he said.

The EVC informed that the commission remitted over N362.34 billion as revenue in five (5) years to the Federal Government’s consolidated revenue account.

He listed fixed broadband Infrastructure gap, Right of Way (RoW), Foreign Exchange, Vandalism of telecoms infrastructure, Electric Power Supply, Multiple Taxations and regulations as some of the challenges bedeviling the industry.

On fixed broadband infrastructure gap, he said, the commission will bolster the exiting fibre optic infrastructure across the country by 38,296 km through the Infrastructure Companies (InfraCo) project Initiative.

On Row, the NCC boss said, the engagement with the Nigeria Governors Forum on adoption of N145/m as RoW fees has yielded results in Kaduna, Katsina, Imo, Ekiti and Plateau State.
He urged other states governments to key into the success of the digital economy drive by reducing RoW fees and other charges targeting telecom service providers.

Danbatta’s paper delved into a range of issues, including the correlation between broadband and GDP, telecom contribution to national development, telecom investment trend in Nigeria, telecom contribution to digital economy, conceptualisation of digital economy, among others.

In his remarks, the Commandant of the National Defence College, Rear Admiral Mackson Kadiri, appreciated the EVC, describing his paper as in-depth, incisive and timely, giving the pivotal role the telecom sector plays in ensuring National Security and National Development.

Recommended

$1.6bn Fraud: How Omokore, Diezani’s Ally Bought 23 Cars for Muazu, 25 for Secondus – Witness

$1.6bn Fraud: How Omokore, Diezani’s Ally Bought 23 Cars for Muazu, 25 for Secondus – Witness

8 years ago
Pope says racism ‘intolerable’, in reaction to Floyd killing

Pope says racism ‘intolerable’, in reaction to Floyd killing

6 years ago

Popular News

    Connect with us

    • Home
    • About
    • Contact
    • Terms of use
    Email Us: publisher@thescript.com.ng

    © 2021 TheScript Nigeria -Providing quality news and information that improves the quality of life.

    No Result
    View All Result
    • Home
    • International News
    • Local
    • Press Release
    • Economy
    • Crime
    • Business and Finance
    • Guest Column
    • Education

    © 2021 TheScript Nigeria -Providing quality news and information that improves the quality of life.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.