Business
‘Internet Population Grows By 108.39% In Nigeria’
The population of Nigerians with access to fast Internet has grown by 108.39 per cent in four years.
Data obtained from the Nigerian Communications Commission (NCC) portal, Monday, has revealed that broadband penetration increased from 38.72 million (20.28 per cent) in March 2018 to 80.68 million (42.27 per cent) in March 2022.
According to the NBC data, and the ‘Nigerian National Broadband Plan (2020 – 2025),’ broadband commonly refers to high-speed Internet connection.
It added that broadband penetration is measured by the number of broadband subscribers per 100 inhabitants.
In the broadband plan document, President, Muhammadu Buhari , was quoted as saying, “I am told that every 10 per cent increase in broadband penetration results in about 2.6 per cent to 3.8 per cent growth in GDP.”
According to data from the NCC’s portal, the contribution of the telecoms industry to GDP increased from 9.19 per cent in Q1 2018 to 12.61 per cent in Q4 2021.
The broadband plan intends to effectively cover 90 per cent of the population and deliver 25 Mbps in urban areas, and 10 Mbps in rural areas.
“Rapid rollout of broadband services will address various socio-economic challenges faced by the country, including the need to grow its economy, create jobs, rapidly expand the tax base, and improve digital literacy and educational standards.
“This will also address identity management and security challenges through the effective use of technology, increase financial inclusion and deliver a broad range of services to its people to improve the quality of life and work towards attainment of Social Development Goals set by the UN for 2030”, it stated.
It further highlighted that 4G LTE network was needed to achieve the kind of download speeds Nigerians need.
When the broadband plan was released, much of the Internet service in the nation was on 2G and 4G, and that internet services in the country are currently provided on 2G, 3G, and increasingly 4G mobile networks.
Furthermore, it posited that though 4G coverage is available to 37 per cent of the population, download speeds in the country are noted to be generally uncompetitive with other countries in the same income bracket.
According to the plan, it costs $3.5 – $5bn to achieve its aim. Much of the growth in broadband penetration is being driven by telecommunication firms.
By: Corlins Walter
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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