Breaking News
Loading...

ITU 2016: Nigerian delegates woo tech investors

ITU 2016: Nigerian delegates woo tech investors

BY Laju Iren

Nigerian Delegates at the ongoing International Telecommunication Union conference, Telecoms World, have presented the country’s strides in Information and Communication Technology (ICT), in a bid to attract prospective investors to the industry.

Nigeria’s participation, which was put together by the telecoms regulator, the Nigerian Communications Commission (NCC) was led by the Executive Vice Chairman (EVC) of the Commission, Prof Umar Garba Danbatta, the Executive Governor of Kaduna State, Alhaji Nasir El-Rufai, the Minister of Communications, BaUr Adebayo Shittu and MainOne’s Chief Executive Officer, Mrs. Funke Opeke.

Speaking during the panel session on “Smart Communities as the key to a Digital Nigeria”, Danbatta highlighted the opportunities for investment in Nigeria, aided by flexible regulatory policies. Buttressing his comments, the Chief Executive Officer of MainOne, Funke Opeke described the Telecom Infrastructure gaps in the country and the opportunities available for investment.

She highlighted as example, the government-assisted Infrastructure Company (Infraco) project, of which  MainOne is licensee for Lagos State, which aims to expand broadband penetration from the current 20 percent to over 30 percent targeted in the National Broadband Plan for 2018. According to her, licensees for five other regions of the country are currently available for bid.

Opeke highlighted the tremendous potential Nigeria’s ICT industry offers to investment, underlining Nigeria 80Million internet users, the growing population of   smartphone users, and the country’s over 100 percent voice penetration. She noted that most regions of the country are still under-served in terms of ICT deployment and reiterated that commitment of the government to diversify the economy from oil will require greater ICT penetration to create jobs.

“Availability of broadband infrastructure across all regions of Nigeria and the technology adoption this will facilitate will greatly accelerate the pace of development in Nigeria, facilitate increased non-oil trade, enhance the Digital economy, improve public access to education, health and other social services and aid job creation,” Opeke said.

 

The post ITU 2016: Nigerian delegates woo tech investors appeared first on Vanguard News.


Originally posted by Adeshola
Share on Google Plus

About Unknown

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.