Connect with us

Business

Spectrum Licences Followed Due Process – NCC Boss

Published

on

The Executive Vice Chairman of the Nigerian Communications
Commission, Dr. Eugene Juwah, has broken his silence over newspaper reports
alleging underhand dealings in the allocation of spectrum licences.

The major bone of contention has been the allocation of a
frequency slot belonging to the Nigeria Police to a private firm, OpenSkys.

Juwah noted in a
telephone chat that “due process was followed in the allocation and the process
was initiated long before he assumed office.

“When I assumed office, I pledged to myself to avoid the
Nigerian penchant of jettisoning projects initiated by past administrations.
All we did was to bring to a conclusion a process that began in 2009.”

Media reports have alleged frequent spectrum racketeering by
the current leadership of the telecoms industry regulatory agency to OpenSkys
and Smile Communications.

A statement from the NCC has attempted to put the issues in
perspective by providing clarification regarding how the spectrum allocation
process is carried out.

According to the NCC, the Frequency allocations to OpenSkys
were not only in “compliance with the Nigerian Communications Act, but also in
full implementation of a Presidential Directive of July 5, 2007.

This directive was fully deliberated upon by the Board of
the Commission during its 62nd, 63rd and 64th Sittings and other subsequent
meetings. “

The commission noted that the provisional offer of frequency
was made to OpenSkys as far back as October 2, 2009 and at that period “the
Nigerian Police was still occupying some of the frequencies in the 450MHz Band.

The then Ministry of Communications had on October 5, 2005,
conveyed to the Police the decision of the National Frequency Management Board,
for it to be relocated by the Commission.

“The decision to allocate part of the 450Mhz frequency was
therefore not made by the NCC nor by Dr, Juwah. It was a decision that predated
his appointment by almost five years.

In fact, the NCC noted that the approval for commercial and
corporate entities to “use the 450 MHz for commercial telecommunications
was given by the National Frequency Management Council (NFMC) on
November 5, 2004.

After this approval, occupants in this band like the police,
NITEL, Shell, Chevron, and some others, were relocated to specific portions of
the band. The NCC was categorical that the frequency reserved for the police
has not been tampered with or reallocated to OpenSkys, as has been alleged in
some media reports.

The relocation of occupants in the various portions of the
band was ongoing till 2009. The NFMC approved Frequency bandwidth of 500 KHz
for the Nigerian Police specifically on 469.375 – 469.975 MHz / 459.375 –
459.975 MHz of this spectrum for relocation away from the Commercial Band.

When the Inspector General of Police approved the
relocation, following further meetings with NIGCOMSAT on behalf of OpenSkys,
NIGCOMSAT also submitted the cost of the relocation. The Commission then made
an initial offer of frequency to OpenSkys on February 4, 2009, with a condition
of acceptance within 30 days. OpenSkys accepted the offer on February 23, 2009
almost two years before Dr. Juwah was appointed as EVC.

On October 2, 2009, a clear one year before Dr. Juwah was
even appointed EVC, the NCC management upon review of the status of the offer,
thereafter “issued a provisional offer of the frequency to Openskys on the
condition of payment of total spectrum fees for the 5MHz spectrum for a tenure
of 5 Years of N1,140,000,000 (One Billion, One Hundred and Forty Million Naira
Only), out of which the sum of N247,544,989.40 was earmarked for the
replacement of digital radio equipment of the Nigerian police as may result
from the relocation. The sum of N892,455,010.60 representing the balance of the
spectrum fees for the offer was to be paid to the Commission.”

The NCC noted in their statement that such fees for
Frequency allocation are “paid, mandatorily, into the federation account and a
letter of frequency assignment stating the exact frequency channels, and other
conditions of use is usually issued to the company upon receipt of proof of
payment.”

These, the NCC explained are the processes in place to
ensure transparency in the process and they were all followed to the letter.

Continue Reading

Business

Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

Published

on

The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
Continue Reading

Business

NPA Targets N1.489tn Revenue In 2026

Published

on

The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
Continue Reading

Business

NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

Published

on

Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
Continue Reading

Trending