Telecom
Anambra Govt Takes Major Leap towards Domestication of Nigeria Start-Up Act with Stakeholders’ Engagement
Anambra State Government has restated its commitment to supporting the streamlining of the state governance systems for greater efficiency, through development of frameworks, laws and procedures.
The State Deputy Governor, Dr Ifeanyichukwu Ibezim made the disclosure during a forum to kick off a two-day stakeholders’ engagement on the domestication of the Nigerian Start-Up Act in Anambra State, held in Awka.
Dr Ibezim re-echoed the dedication of the Chukwuma Soludo-led administration, to making Anambra a technological hub, adding that with the disruptive changes the governor is introducing to the state governance, anyone who fails to keep pace, will be left behind.
He praised the collaboration between the government and partners supporting startups, emphasizing the importance of a tech-driven administration, a promise kept by Governor Soludo’s administration.
He said; “You all seated in this room are the gold we have; we are not looking elsewhere. The journey has just begun and I encourage you to deliberate and chart the course forward for a better Anambra.”
Chukwuemeka Fred Agbata, CFA, MD/CEO of Anambra State ICT Agency, in his goodwill message, posited that the stakeholders’ engagement was imperative to ensure that the Act meets the peculiarities of the state and does not just stand as an imposition of a national law.
CFA de-emphasized the notion of a one-size-fits-all approach to the Nigeria Startup Act, highlighting Anambra’s unique strengths in commerce and trade.
Citing instances with successful ecosystems worldwide and in Lagos on a national level, he attested to Governor Soludo’s commitment to laying the groundwork for innovation through the installation of high-speed broadband internet and the ongoing deployment of fibre cables across the state.
“Innovation lies in the private sector while the government will come up with policies,” he said, urging the ecosystem stakeholders to take charge.
He emphasized that, similar to global trends with OpenAI 4.0 and Google’s Gemini, the private sector should not wait for government intervention but should proactively drive the agenda for a thriving tech ecosystem, with the government playing catch-up.
Describing the Nigeria Startup Act as a co-created legislation emerging from the intersection of displacement and disruption, Mrs. Tracy Okoro Isaac, the State Adoption Lead for the Nigeria Startup Act, reminded the stakeholders that the engagement was history in the making.
She quipped; “In 10 years, you will fondly recall being part of the group that collaborated to establish an ecosystem capable of nurturing Anambra’s unicorns”
Mrs. Okoro-Isaac disclosed that the Act is hinged on four pillars- funding, human development /capacity building, and infrastructure (both software and hardware, internet connection), adding that the Act aims to ensure accessibility and prevent unnecessary migration by fostering innovation, underscoring the Act’s importance for establishing accountability and responsibility, providing concise regulations with clearly defined roles.
She highlighted the success stories of local entrepreneurs, such as those behind Flutterwave and Paystack, who built their startups independent of significant government support, urging attendees to envision the possibilities of creating a united ecosystem that supports startups collectively.
Expressing satisfaction with Governor Soludo’s commitment to innovation, Mrs. Isaac stated that participants were there to contribute to creating a modular startup law, that would shape Anambra’s future.
The convener of the session and Special Adviser to the Governor on Innovation and Business Incubation, Ms. Chinwe Okoli, described the session as more than a legal formality, asserting that it is a profound statement of intent to propel Anambra into a hub of innovation.
“We are fortunate to have a governor who comprehends the transformative influence of technology, setting the groundwork for a state driven by innovation. Our purpose here, therefore, is to participate in this game-changing initiative which is a catalyst for growth and a blueprint shaping the future of our dear state”, she added.
On her part, the Commissioner for Budget and Economic Planning underscored the importance of sustainability, urging stakeholders to safeguard the integrity of the startup ecosystem.
Emphasizing the need to protect both investors and investments, her remarks set the tone for a session that sought not only to embrace change but to ensure its lasting impact.
For the MD of ANSIPPA, Mr. Mark Okoye, stakeholders must commit to actualizing the potentials of the numerous state government’s infrastructure efforts.
The State Chairman of the Nigerian Association of Small and Medium Enterprises, NASME, Chinemerem Oguegbe, lamented the current lack of structure and synergy in the ecosystem as it were while advocating for a more organized approach to attract opportunities.
“The ecosystem in Anambra state is quite different but we are not organized as entrepreneurs nor structured to attract opportunities.
“Let us look for ways to import IT and tech into our businesses,” he urged.
The Dean, Faculty of Physical Sciences, Chukwuemeka Odumegwu Ojukwu University, Prof. K.K.Nwozor, while transitioning to the crux of the matter, acknowledged the need for mentorship beyond youth-focused initiatives and highlighted the untapped potential within Anambra’s universities.
He however applauded Mr. Governor’s appointment of Prof. Kate Omenugha as the Acting Vice-chancellor of the university, describing it as one that will further support the technology drive in the state.
Mr. Dilibe Chinweze, representing hub owners, echoed the call for synergy, emphasizing the importance of investing locally.
As the event concluded, the overarching message was clear – Anambra State is on the brink of a technological revolution and the ICT Agency MD’s impassioned call to stakeholders, amongst other voices, echo as a rallying cry for the private sector to seize the opportunity, taking the lead in shaping a future where Anambra’s innovation ecosystem thrives on its own terms.
The event also featured a presentation on understanding and leveraging the opportunities of the Nigeria Startup Act by Mrs. Okoro Tracy, along with a Startup Pitch Competition with prizes presented by ANSIPPA, SID, and partner, VFD group.
Telecom
Suspected Lakurawa Terrorists Kill 3 Telcoms Workers in Kebbi
Terrorists belonging to Lakurawa group have reportedly killed three staff of a leading telecommunication firm.
The insurgents were said to have invaded a construction site at Gumki village in Arewa Local Government Area of Kebbi State.
The bandits reportedly attacked a construction site at Gumki village in Arewa Local Government Area of Kebbi State when their victims were installing a surveillance mast for the Nigeria Immigration Service and killed them and one other person who is yet to be identified.
There was a conflicting report of which organization the victims belonged as the police said three of the deceased were Airtel staff and the residents identified them to be Immigration staff.
A staff of Sir Yahaya Specialist Hospital however corroborated the villagers, saying the three victims brought to the hospital were Immigration staff.
But SP Nafiu Abubakar, police spokesperson, said four persons lost their lives, one indigene and three staff of Airtel.
He said from the report the police got, Bello M Sani, state Commissioner of Police, alongside with CIS Muhammad Bashir, Comptroller, Nigeria Immigration Service, Kebbi State Command, Lawali mobilized their men to the scene to evacuate the corpses to Sir Yahaya Memorial Hospital in Birnin Kebbi.
He said his CP has deployed additional tactical teams to the area and charged them to decisively deal with the suspected bandits operating in the area.
He said the CP also had meeting with people in the area and appealed to them to always assist the police and other security agencies with relevant information for their prompt response.
Telecom
Nigeria Has World’s Most Affordable Data Costs – GSMA
Nigeria has an average data cost of $0.38 per gigabyte, making her the most affordable countries globally and one of the cheapest in Africa for mobile data services.
United States averages $6 per gigabyte and South Africa with $1.77 per gigabyte rank the highest globally and in Africa respectively.
According to the GSMA, Nigerian data costs, as a percentage of Gross National Income (GNI) per capita, are among the lowest across Africa.
The reports by the body lends weight to telecom operators advocacy for tariff adjustments to address economic pressures threatening the sector’s sustainability.
The GSMA report, titled “The Role of Mobile Technology in Driving the Digital Economy in Nigeria,” highlighted Nigeria’s competitive data pricing, which is significantly lower than other African nations, such as Kenya ($0.59 per gigabyte), Ethiopia ($0.68 per gigabyte), and South Africa ($1.77 per gigabyte).
By contrast, the United States averages $6 per gigabyte, underscoring Nigeria’s advantage in offering cost-effective connectivity.
The cost of mobile data in Africa varies greatly by country and region.
Data costs can refer to the cost of mobile data or the cost of acquiring, maintaining, and using business data.
In 2023, the average cost of 1 GB of mobile data in Sub-Saharan Africa was $3.31, while in Northern Africa it was $0.86.
Telecommunications operators in Nigeria have been requesting some policy changes as well as tariff rebalancing to enable them deliver support to the Government’s digital economy objectives.
They have called for the simplification and improvement of the Right of Way (RoW) charging and administration process, harmonised across the country
According to them, all government authorities (at national and sub-national levels) should apply the national maximum RoW fee of N145 per/LSQM adopted by the National Economic Council (NEC) for the deployment of fibre across all states in Nigeria.
There should be a single point of contact in each state for the RoW application process while the duration for the approval process should be digitalised and limited to a maximum of one month.
Simplification and reduction of the tax burden on the mobile sector
On tariff, recall that the Association of Licensed Telecommunications Operators of Nigeria (ALTON) and the Association of Telecommunications Companies of Nigeria (ATCON) had urged the Nigerian Communications Commission (NCC) to consider reviewing tariffs upward to address rising operational costs.
Nodding in agreement, Bismarck Rewane, chief executive officer, Financial Derivatives, said the proposed tariff hike by telecommunications will help reduce inflation in the country.
He said it would help to reduce inflation because it increases productivity, stressing that the price of MTN shares went up by 10% to 220.
Rewane reiterated that investors had already factored that in, adding that they are expecting a lot of good goodies.
“But more important to think about is the fact that because of an increase in tariff and an increase in investment to make the industry sustainable, they’re going to see an increase in productivity, not directly but indirectly.
“Any increase in productivity and output is likely to allow inflation to moderate, which is the goal. So, we heard from the policymaker, Bosun Tijani, who was very clear that we want a sustainable sector. But we also heard from the regulator saying that we will hold these guys to quality of service.
“We also heard from the operators, MTN that they are all revving up. So in all, there are economic benefits because of increased output and productivity. Two, policymakers are aligned because they want this to lead to a moderation in inflation,” he added.
He further said that it was not a bad deal and re-echoed the minister’s comment that the tariff hike will not be 100 per cent.
“Will they get 100%? No, they will definitely not. We suspect that we are going to likely see something between 40 and 50% which is fair after so many years of static changes,” Rewane added.
Telecom
Bismarck, Economist Claims Planned Tariff Hike by Telcos Will Reduce Inflation
Bismarck Rewane, chief executive officer, Financial Derivatives, has said the proposed tariff hike by telecommunications will help reduce inflation in the country.
Rewane made this statement on Channels Television’s Business Morning on Thursday.
Recall that Association of Licensed Telecommunications Operators of Nigeria (ALTON) and the Association of Telecommunications Companies of Nigeria (ATCON) had urged the Nigerian Communications Commission (NCC) to consider reviewing tariffs upward to address rising operational costs.
On January 3, Karl Toriola, chief executive officer (CEO), MTN Nigeria, said telcos want a 100 percent tariff hike.
According to Rewane, who previously supported the plans for a tariff hike, the move will make the sector more sustainable.
He said it would help to reduce inflation because it increases productivity, stressing that the price of MTN shares went up by 10% to 220.
Rewane reiterated that investors had already factored that in, adding that they are expecting a lot of good goodies.
“But more important to think about is the fact that because of an increase in tariff and an increase in investment to make the industry sustainable, they’re going to see an increase in productivity, not directly but indirectly.
“Any increase in productivity and output is likely to allow inflation to moderate, which is the goal. So, we heard from the policymaker Bosun Tijani, who was very clear that we want a sustainable sector. But we also heard from the regulator saying that we will hold these guys to quality of service.
“We also heard from the operators, MTN that they are all revving up. So in all, there are economic benefits because of increased output and productivity. Two, policymakers are aligned because they want this to lead to a moderation in inflation,” he added.
He further said that it was not a bad deal and re-echoed the minister’s comment that the tariff hike will not be 100 per cent.
“Will they get 100%? No, they will definitely not. We suspect that we are going to likely see something between 40 and 50% which is fair after so many years of static changes,” Rewane added.
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