Agriculture
Nigeria Loses N10bn Annually, Hosting Domain Names Offshore
Nigeria is losing not less
than N10 billion yearly through hosting its country code Top Level Domain (ccTLD), dotng (.ng) domain names outside the country, the Nigeria Internet Registration Association (NIRA) said on Monday.
President of NIRA, Mr Sunday Folayan, disclosed this in an interview with The Tide source in Lagos.
Domain hosting is ‘renting a space’ on the Internet to hold a Website, so that anyone can find your Website, by typing in your domain name.
He said that hosting of domain name was a pure business decision, which had both security and economic implications.
According to him, just one per cent of the .ng domains registered by NIRA’s registrars, is what is hosted in the country.
“And if we estimate, hosting has the income of about five times to 10 times the cost of domain name registration. You will see that it is a lot of money we are talking about.
“So 99 per cent of what NIRA has registered is hosted outside and NIRA has conservatively put what Nigeria is losing by today’s value of not less than N10 billion, in terms of hosting from the .ng domain.
“There are other .com domains that are also registered by NIRA, which could be more than five times the .ng registered.
“So we are talking of not less than N50 billion, plus the N10 billion from the .ng, making a total of not less than N60 billion,’’ he said.
The president added that information put on the internet were not safe, as people from anywhere in the world could hack into it.
He said that such data would be better secured, if hosted within the country, than outside.
Folayan decried the hosting of .ng domain names outside Nigeria, as it amounted to capital flight, and was not good for Nigeria’s economy.
The president said that NIRA had a total of 56 accredited registrars, who handled the actual registration of the domain names.
He said that of the 56 registrars, 79 per cent were Nigerians, while the remaining were from the UK, Germany and other countries.
According to him, of the 19,649 domain names registered and hosted by NIRA’s registrars, only 1.33 per cent is hosted in Nigeria.
“All the rest are hosted outside Nigeria. This is capital flight, it is something that bothers NIRA and we are looking at ways to mitigate that and help reserve foreign exchange, particularly at this very tight time for the country,’’ he said.
Folayan said that .ng (like our currency, the Naira and the +234 for country code) was the official Internet Corporation for Assigned Names and Numbers (ICANN)-approved ccTLD for Nigeria.
According to him, the availability of names is better on the .ng ccTLD than on the generic top-level domain (gTLD) like .com, .org.
“With the .ng, our primary Domain Name System (DNS) servers are secured and locally managed with multiple cast servers located around the world,’’ he said.
Folayan added that hosting businesses on the .ng would help to support the Nigerian economy and provide jobs for local Information Technology (IT) professionals.
Agriculture
KWASANGLaunches Cassava Processing Factory To Boost Value Chain In Kwara
Agriculture
Livestock Ministry Empowers Women, Youths For Sustainable Growth
Agriculture
FG, Ogun Distribute Inputs To 2,400 Farmers
Federal Government and the Ogun State Government, on Wednesday, distributed farm inputs to farmers as part of effort to address food security challenge.
The State Director, Federal Ministry of Agriculture and Food Security, Dr. Toyin Ayo-Ajayi, during the flag-off ceremony of Inputs Redemption Under The National Agricultural Growth Scheme-Agro Pocket (NAGS-AP), in Ogun State, disclosed that beneficiaries of the gesture were primarily rice, maize and cassava farmers across the State.
Ayo-Ajayi commended the Ogun State Government for partnering with the government at the centre for the effort in supporting farmers with inputs that would bring about yieldings for local consumption and likely exportation.
She noted that government is supporting rice, cassava and maize farmers with inputs worth N212,000; N189,000 and N186,000 respectively.
The Permanent Secretary in the State Ministry of Agriculture, Mrs Kehinde Jokotoye, who represented the Commissioner in the Ministry, Bolu Owotomo, stated that traditional farmers are critical in food production, hence the need to encourage and support them with inputs that would bring about desired results during harvesting.
Owotomo said: “Let us make good use of this opportunity, so that the success of this phase will make farmers benefit more from the state and federal governments of Nigeria.”
Earlier, State Coordinator, Federal Ministry of Agriculture and Food Security, Dr. Oluwatoyin Ayo-Ajayi, appreciated the present administration for partnering with the federal government for the initiative, adding that the programme is designed to support farmers at the grassroots level in cassava, rice and maize with inputs such as, seeds, pesticides, herbicides and fertilizers, to boost their production and enhance their livelihood.
-
Politics4 days agoAPC Releases Adjusted Timetable For Nationwide Congresses, Convention
-
Sports23 hours ago2026 WC: Nigeria, DR Congo Awaits FIFA Verdict Today
-
Sports4 days ago
DG NIS Wants NSC Board Constituted, Seeks Increased In Funding
-
Business4 days agoCustoms Seek Support To Curb Smuggling In Ogun
-
Featured4 days agoINEC Proposes N873.78bn For 2027 Elections, N171bn For 2026 Operations
-
Sports4 days agoSWAN Rivers Set-up Five Functional Committees
-
News4 days ago
Police Bust Kidnapping Syndicate In PH
-
Sports4 days ago
NSC Disburses N200m Training Grants To 26 Athletes
