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Shittu to Brief Reps on MTN Fine Reduction, As NCC Prepares New CGC for Industry

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Barrister Adebayo Shittu, minister of Communication Technology, has confirmed he will appear before the House of Representatives Committee on Communications, tomorrow (Thursday) to give explanation on why MTN’s N1.04tr fine was reduced to N330billion.

The House Committee chaired by Hon. Saheed Fijabi had frowned, seeking further details on the mode of payment granted to the telecommunication giant by the Federal Government.
 
Recall that the Minister was absent on Monday when the House of Committee was asking for more reasons why the imposed fine by Nigeria Communications Commission (NCC), on the telecommunications company was hugely reduced.
 
Meanwhile, Abubakar Malami, minister of Justice and Attorney General of the federation,  who was also invited for explanation could not appear before the fact finding committee on same date (Monday).
 
But, the Minister of ComTech who spoke to IT on journalists in Lagos, said that a reschedule with the Committee for hearing on the matter will hold on Thursday.
 
He said, “I won’t pre-empt the session but I call tell you that by Thursday(June 23rd) when we will now meet, government position and explanations on decision taken will be given.”
 
Though, Prof. Garba  Dambatta, executive vice chairman of NCC, and Tony Ojobo, director of Public Affairs, were present at the session which was fifth in the series on the matter, but reports in the national dailies showed that the meeting ended deadlock as some investigative questions were still begging for answer.
 
Fijabi expressed disappointment over the issue wondering why the huge reduction on the fine was effected adding that the condition attached to the reduction that MTN trades on the Nigerian Stock Exchange “is a Business benefit to MTN.”
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Also recall that the Reps Committee had rejected MTN’s offer to pay N330billion instead of the N1.04 trillion it was fine by NCC.
 
Meanwhile, there are indications that the Information Communication Industry will soon have a new Corperate Governance Code as the industry regulator (NCC) has put forward a review of the existing code with stakeholders in the industry.
 
It would be recalled that at the 2013 Akintola Williams lecture series with the theme: “Good Corporate Governance in Nigeria- The Telecommunications Sector Example”, NCC, was lauded as an epitome of a good regulator in the country through good corporate governance that has been sustained over the years.
 
This came after NCC sets up of a Corporate Governance Working Group, CGWG, between 2012 and 2013 on corporate governance for the industry, which eventually led to the launching of the Corporate Governance Code for telecommunications service providers in 2013.
 
But, roughly three years down the line, the industry regulator is putting forward a review of the business ethics code in the industry.

According to Prof. Dambatta, this has become necessary since good corporate governance in institutions encourages corporate success and business sustainability.
 
He said “We are not relenting as things are evolving in ensuring that policy that captures mode of operations are reviewed. This review became necessary following the increasing significance of corporate governance beyond the capital markets, where according to him there is enforcement through listing rules and compliance with best practices”.

He described it as a voluntary code of leading practices which aims at guiding corporate behaviour and practices of companies within the industry.


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Telcos Record N27Bn Loss from Damaged Fibre Cables

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Repairs and revenue losses from damaged cables are estimated to have cost Nigeria’s telecom industry almost N27bn ($23m) in 2023, according to documents obtained by Bloomberg.

Telcos Record N27Bn Loss from Damaged Fibre Cables

MTN Nigeria, the biggest wireless operator in Africa’s most-populous nation, and Airtel Africa Plc bore the brunt of the costs, the documents show.

MTN suffered more than 6,000 cuts on its fiber cable last year, the documents show.

On Feb. 28, a cut in its network in three different locations by a road construction firm, an oil serving company, and someone burning rubbish in a manhole meant customers faced more than five hours of data and voice outages.

The operator relocated 2,500 kilometers (1,553 miles) of vulnerable fiber cables between 2022 and 2023, at a cost of more than N11bn —enough to build 870 kilometers of new fiber lines in areas without coverage.

Broadband fibre optic cables form the backbone of modern communication infrastructure, enabling the high-speed data transmission that underpins a wide range of personal, business, and societal activities.

On several occasions, the Nigerian Communications Commission (NCC), the industry regulator, has acknowledged this challenge and expressed willingness to work on measures to address it.

These measures include stricter regulations to deter vandalism and improved collaboration between telcos and government agencies responsible for construction activities.

According to the NCC, the telecom sector will make up more than a fifth of the country’s gross domestic product by the end of 2027, up from 13.5 per cent in the third quarter of last year.


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NCAIR Relaunch: Pantami, Tijani Fight for Credit

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Isa Pantami, former minister of Communications and Digital Economy, has voiced his discontent over the relaunch of the National Centre for Artificial Intelligence and Robotics (NCAIR) by Bosun Tijani, his successor.

Isa Pantami, former minister of Communications and Digital Economy,

Tijani announced the revitalization of NCAIR, highlighting enhancements in its capacity and partnerships with global tech firm Cisco.

However, Pantami took to social media to assert that NCAIR was already established during his tenure in November 2020, dubbing it “the first of its kind in Africa” and emphasizing its effectiveness in training numerous Nigerians.

Tijani responded by detailing the new initiatives accompanying the relaunch, including increased computing infrastructure, dedicated research labs, and remote connectivity for AI hubs across the country. He also unveiled outcomes from the Ministry’s National AI Workshop, such as the country’s first Multilingual Large Language Model and partnerships aimed at accelerating AI development projects of national significance.

The exchange between Pantami and Tijani underscores ongoing efforts to advance AI research and application in Nigeria while navigating questions of continuity and leadership transition within the Ministry.

 


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ABoICT Lecture 2024 to Focus on Artificial Intelligence (AI) In A Digital Economy

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This year’s Africa’s Beacon of ICT Merit and Leadership lecture will focus on the role of artificial intelligence in a digital economy with the theme: “Artificial Intelligence (AI): The Good, The Complex and The Anticipated”.

The lecture which will herald Africa’s Beacon of ICT Merit and Leadership Awards hold on May 25, 2024 at Four Points by Sheraton.

The sixteenth edition of the award ceremony according Ken Nwogbo, editor-in-chief of Nigeria CommunicationsWeek the organizers of the event, “is a special edition to recognize and celebrate organizations and individuals in the ICT industry that have been distinguished in delivery innovative services in the sector.

“Most of these organizations and individuals have consistently being voted by our readers as leaders in their areas of operations and we have decided to reward them in this especial edition”.

He added that, AI is considered to have the potential to instigate a fourth industrial revolution,1 and is dramatically changing people’s patterns of interaction and economic activities.

“The traditional factors of production and physical capital and labour may no longer promote substantial economic growth. It is generally believed that AI will be one of the most important factors determining future economic growth.

“However, unlike traditional machines, which replaced the use of human and animal labor for simple manual work and heavy or dangerous activities, AI-related inputs may change the type of human work in a comprehensive way.

“In contrast to previous industrial revolutions, AI does not simply involve the invention of a new machine or technology. Instead, AI has similarities to the accumulation of human capital, as it can learn and accumulate knowledge by itself,” he said.

The Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture is designed to explore efforts to put Nigeria on the global Information and Communications Technologies map.

The lecture series however is reserved for distinguished achievers in the ICT sector.

Past lecturers included Dr. Ernest Ndukwe, then executive vice chairman, Nigeria Communications Commission (NCC); Engr. Yomi Bolarinwa, former Director-General of National Broadcasting Commission (NBC); Dr. Jean Luc Fort, CEO at OR System France and a specialist in Counterparty Risk; and Professor Chris Nwagboso, Chairman, Knowledge Factory International, United Kingdom.

Others are: Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodu Omoniyi, Managing Director/CEO, VDT Communications; Ayotunde Coker, Managing Director, Rack Centre Limited; Peter Adedayo Arogundade, managing director and chief executive officer, Sidmach Technologies Nigeria Limited; Dr. Adewale Obadare, chief visionary officer, Digital Encode and John Obaro, CEO and founder of Systemspecs; Prof. Isa Pantanmi, minister of Communications and Digital Economy; among others.


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