Business
FG, ATCON Eye 70% Broadband Penetration Target
The Federal Government (FG), the Association of Telecommunications Companies of Nigeria (ATCON) and other stakeholders in the telecoms industry have intensified efforts to achieve over 70 per cent broadband penetration in Nigeria by 2025.
Speaking at a conference organised by ATCON aimed at national strategic mobilisation for the actualisation of the national broadband target of 70 per cent, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Garba Umar Dambatta, said Nigeria has one of the largest telecom markets in Africa with an estimated population of over 200 million people.
In his presentation at the conference, with theme, “Realising the new set target of 70 per cent broadband penetration”, he said although the penetration is economically very challenging, it is an interesting asset to attract foreign direct investment to the Telecommunication industry.
“Therefore, enabling full connectivity and broadband access for a minimum of 70 per cent of the rapidly growing population is a vision/target that the Nigerian National Broadband plan (NNBP) seeks to achieve and surpass within the time frame of year 2020 – 2025,” he said.
At the launch of the NNBP in 2020, the Broadband penetration, which was largely driven by mobile technology, was slightly below 40 per cent. By December 2020, penetration of 45.93 per cent had been attained. As at April 2022, the penetration stands at 42.79 per cent.
According to the NCC boss, the reasons for fluctuation are quite obvious, saying that it was what informed the strategic initiatives of the Commission to deepen the penetration of fixed broadband infrastructure, which will guarantee very steady broadband services and provide higher capacity.
ATCON President, Engr. Ikechukwu Nnamani, said the strategic objectives of the event are to complement the various strategic activities already embarked upon by the Ministry of Communications and Digital Economy and all the agencies under the Ministry to achieve the set target of Broadband penetration in Nigeria with great speed.
He stated further that it is to leverage on the wide spectrum of ATCON’ sub-groups for effective participation in the new Nigerian National Broadband Plan 2020-2025 by giving them the opportunity to access the plan and suggest various ways to speed up the realisation of the established target by the government and also serve as a veritable platform to galvanise the needed input that reflect the thinking of the telecom and ICT sector.
In his remarks, Lagos State Governor, Babajide Sanwolu, said the National Broadband plan aligns with and is critical to his administration’s T.H.E.M.E.S agenda.
He explained that the NNPB does not connect only with the Making Lagos State a 21st Century Economy but resonates with all the other pillars knowing fully that technology is an enabler and cuts across all sectors.
“The impact on the Education and Technology pillar cannot be quantified, which is why as part of our metro smart city initiative, we have undertaken to connect schools and higher educational institutions to the internet. We have so far connected hundred public schools,” he said.
On fibre infrastructure, Sanwo-Olu said his government has embarked on the deployment of High Density Duct pipes towards achieving its main objectives of creating a technology enabled and sustainable smart city.
Business
Minister Constitutes Tech Committee On Aviation Ties With Angola
Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, has constituted a technical committee to work with the Angolan Embassy on deepening aviation ties with Nigeria.
Special Assistant on Media and Communications to the Minister, Mr. Tunde Moshood, in a statement, said the committee would oversee logistics and help solidify plans for the Minister’s visit and potential areas of collaboration.
This development is coming after Keyamo received the Angolan Ambassador to Nigeria, Jose Bamoquina Zau, and his Deputy, Nelson Paulo Kafikiri, in Abuja.
The statement revealed that the Angola’s Minister of Transport, Dr. Ricardo Viegas de Abreu, was keen to build a synergy between both nations and was eager to tap into the wealth of experience of Nigeria’s aviation leadership.
According to the statement, “The visit is aimed at strengthening aviation ties between Nigeria and Angola, particularly as Angola embarks on a new era for its aviation industry.
“The Angolan delegation brought positive updates on the progress of Angola’s aviation sector, specifically highlighting the recent overhaul of its airport infrastructure.
Ambassador Zau informed Keyamo that the new airport, set to serve as a strategic hub for the region, will be officially inaugurated in one month’s time.
In delivering a message from the Angolan Minister of Transport, Ricardo de Abreu, the Ambassador conveyed the Minister’s warm greetings and underscored Angola’s eagerness to foster collaboration with Nigeria.
He expressed interest in exploring a bilateral air services agreement and other mutually beneficial opportunities within the aviation sector.
Ambassador Zau also extended an official invitation from Minister Ricardo de Abreu for Keyamo to attend the grand opening of Angola’s new airport next month.
He emphasised that both nations stand to gain from deeper cooperation, particularly in aviation business and infrastructure development.
In response, the aviation Minister expressed appreciation for the visit and congratulated the Angolan government on its impressive strides in aviation infrastructure.
He affirmed his commitment to attend the upcoming event and signalled Nigeria’s readiness to work closely with Angola to enhance air connectivity and explore new business opportunities.
“To ensure seamless coordination ahead of the event, the Aviation Minister has constituted a technical committee to work with the Angolan Embassy’s team.
“The committee will oversee logistics and help solidify plans for the Minister’s visit and potential areas of collaboration.
“The meeting underscores the continued commitment of both nations to expand their aviation sectors and work towards a prosperous and mutually beneficial relationship”, Moshood stated.
Business
NIWA Wants Deeper Private Investment In Blue Economy
The National Inland Waterways Authority (NIWA) has called for deeper private sector participation in the blue economy initiative to harness greater benefits from it, for national development.
The Authority also commenced moves to improve security across the nation’s Waterways, in a bid to attract private investment into the Blue economy.
Managing Director of NIWA, Mr. Bola Oyebamiji, who disclosed this to newsmen during the tour of Wari and Onithsa area offices, said NIWA is determined to revamp the nation’s economy by consolidating on Public/Private Partnerships (PPP) initiatives.
“This initiative is part of our deliberate plans to open up new opportunities to maximise full economic potentials of the nation’s waterways.
“The PPP is the way to go but we need people or investors, who have genuine intentions and purposes to enable us align with President Bola Tinubu’s Renewed Hope Agenda for economic recovery”, he said.
The agency’s boss tasked the staff to live up to expectation by working harder in revenue generation that could open rooms to better their welfare.
He warned the staff against indolence and laxity since he was committed to staff welfare and revenue generation
According to him, there is need for the staff to be disciplined and committed by rededicating themselves to the growth and development of the Authority.
Business
Discount Airfares: Qatar Airways, Access Bank Extend To Dec
The Qatar Airlines, in its efforts to further ease financial burden of air passengers, has extended its discount partnership deal with Access Bank till December 2024.
Access Bank customers, who book their flights online using Qatar Airways’ website in this deal, enjoy up to 12 percent discount on both business and economy classses.
The Bank’s customers, using the promo code “ACCESS”, can book flights to any destination in the world and travel.
Qarta Airline, in a statement through the Vice President–Africa, Hendrick du Preez, stated that the partnership reiterates the Airways’ commitment to streamline travel within and across African markets by delivering first-rate services and offerings to passengers.
“As we are in the summer season and passengers tend to want to travel to spend time with loved ones, our priority at Qatar Airways remains broadening opportunities to travel for our passengers in the African market.
“Although Africa stands as the most underserved market, we strongly believe in the power of partnerships like these in transforming travel within the continent.
“We are proud to partner with respected pan-African financial institutions like Access Bank to provide innovative incentives for passengers and customers”, he stated.
This is coming on the heels of Qatar Airways’ recent expansion of routes across the African continent along with increased flight frequencies in various locations.
Also in the release, Access Bank’s Executive Director for Corporate and Investment Banking, Iyabo Soji-Okusanya, expressed enthusiasm about the partnership.
“Our team is delighted to collaborate with Qatar Airways to bring exceptional travel benefits to our valued customers. This offering aligns with our commitment to enhancing the overall experience for those who choose Access Bank and continue to do so every year.
“By providing exclusive discounts on Qatar Airways flights, we aim to make travel more accessible and enjoyable for our customers”, Soji-Okusanya said.
Corlins Walter
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