Business
Nigeria Records 159.5m Active Internet Connections
A report by the Nigerian Communications Commission (NCC) has revealed that Nigeria has recorded 159.5 million active internet subscriptions across fixed, mobile, and VOIP networks, in May, 2023.
This represents an 8.6 per cent growth when compared with the 158.2 million recorded in April, 2023, the latest report by NCC stated.
The report also disclosed that mobile network operators (MTN, Airtel, Globacom, and 9mobile) maintained their dominance of the internet market with 159 million subscriptions, while VOIP operators, which include Smile Communications and Ntel accounted for 335,121 internet subscriptions as of May, while other internet service providers (ISPs) accounted for 204,810 internet subscriptions, as of December 2022.
On broadband subscriptions, the report showed that broadband increased to 92.2 million in May, 2023 from 91.8 million recorded in April, 2023, representing 48.28 per cent.
Recalling that the Federal Government is targeting 70 per cent broadband penetration by 2025, the executive vice chairman of the NCC, Prof. Umar Danbatta, averred that the commission would be providing industry leadership to push broadband penetration in the country to well above 50 per cent by the end of this year.
Danbatta said: “The Commission would also ensure that Nigeria achieves 90 per cent broadband coverage and 70 per cent penetration by the year 2025 in line with the National Broadband Policy”.
To achieve these targets, the EVC said the country would need to attract more investments in infrastructure to bring these targets to reality.
Business
Shippers Council Vows Commitment To Security At Nigerian Ports
Business
Nigeria Risks Talents Exodus In Oil And Gas Sector – PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says Nigeria risks massive brain drain in the oil and gas sector due to poor remuneration.
Mr Festus Osifo, President of PENGASSAN, said this while briefing newsmen at the end of the National Executive Council (NEC) meeting of the union on Thursday in Abuja.
He said the sector was facing challenges arising from Naira devaluation and inflation, noting that, oil and gas skills remained globally competitive.
“A drilling engineer in Nigeria does the same job as one in the U.S. or Abu Dhabi,” he said.
Osifo said the union must take steps to bridge the wage gap to prevent members from leaving the country for better opportunities abroad.
“If we don’t act, the brain drain seen in other sectors will be child’s play,” he said.
He said PENGASSAN had recorded significant gains through collective bargaining across oil and gas branches.
“We signed numerous agreements across government agencies, IOCs, service and marketing sectors,” he said.
He said the agreements brought relief to members facing rising costs of living, adding that, the association’s duty is to protect members’ jobs and enhance their pay.
Osifo urged companies delaying salary reviews and those foot-dragging as a result of the prevailing economic realities, to do the needful.
He said the industry employed some of the nation’s best talents, making competitive pay critical to retaining skilled workers.
“This industry recruits the best. Companies must provide the best conditions,” he said.
On insecurity, Osifo urged government to take decisive action against terrorism and kidnappings across the country.
“We are tired of condemnations. government must expose sponsors and protect citizens,” he said.
He urged government at all levels to prioritise tackling insecurity through better funding and equipment for security agencies.
Osifo said PENGASSAN supported calls for state police to improve local security response, adding that decentralising policing will protect citizens better than rhetoric.
He also said economic indicators meant little, if food prices remained high and farmers could not return to farms due to insecurity.
“Nigerians want to see food on the table, not macroeconomic figures,” he said.
He urged government to coordinate fiscal and monetary policies to ensure economic gains reach households.
“Translate macro results to food on the table,” he said.
Business
NCDMB, Others Task Youths On Skills Acquisition, Peace
-
Featured4 days agoOil & Gas: Rivers Remains The Best Investment Destination – Fubara
-
Nation4 days ago
Hausa Community Lauds Council Boss Over Free Medical Outreach
-
Nation4 days agoOgoni Power Project: HYPREP Moves To Boost Capacity Of Personnel
-
Nation4 days ago
MOSIEND Calls For RSG, NDDC, Stakeholders’ Intervention In Obolo Nation
-
Nation4 days ago
Association Hails Rivers LG Chairmen, Urges Expansion Of Dev Projects
-
Nation4 days ago
Film Festival: Don, Others Urge Govt To Partner RIFF
-
News4 days agoNDLEA Arrests Two, Intercepts Illicit Drugs Packaged As Christmas Cookies
-
News4 days agoTroops Rescue 12 Abducted Teenage Girls In Borno
