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BPE Puts NITEL’s Liabilities at N300Bn

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Bureau of Public Enterprises (BPE)  has put the debt liabilities of the Nigerian Telecommunications Limited and its mobile subsidiary, the Nigerian Mobile Telecommunications Limited, at over N300bn.

Mr. Chigbo Anichebe, head of Public Communications, BPE, in a statement in Abuja yesterday said it adopted guided liquidation for the sale of NITEL because of the huge debt.

Anichebe also said that a potential core investor, Arabian Amlak for Investment Limited, that has gone to court to challenge the recent sale of NITEL to NATCOM Consortium had not participated in any transaction conducted by the privatization agency.

He said, “One corporate body by name of Arabian Amlak for Investment Limited has commenced a legal action challenging the current sale process based on its inadequate understanding of our processes.

“Arabian Amlak for Investment Limited was among the 22 companies that submitted unsolicited Expressions of Interest to acquire NITEL in August 2011.

“We have no record of Amlak’s participation in any of our previous privatization transactions. As such, neither the National Council on Privatisation nor BPE entered into negotiations with Amlak on its unsolicited offer, nor was there any letter of offer given to Amlak, as should have been the case, if it emerged as reserve bidder as being claimed.”

Arabian Amlak for Investment Limited led by General Abdullahi Mamman (Retd) had gone to court, challenging BPE for selecting NATCOM Consortium as the preferred bidder for NITEL.

The company said it was preposterous for BPE to offer NITEL and M-TEL to NATCOM Consortium for $252m when it had made an offer of $919,999,999 to the privatisation agency.


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ATCIS Votes against Tariff Hike for Telcos

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Association of Telephone Cable TV and Internet Subscribers of Nigeria (ATCIS) has gone against the 10 per cent increase by telecoms operator, maintaining that it will add to the economic burden for the subscribers.

ATCIS Votes against Tariff Hike for Telcos

This is coming after National Association of Telecommunications Subscribers (NATCOMS), another subscribers’ body urged the Nigerian Communications Commission (NCC) to consider the increase to moderate the rising operational costs in the nation’s telecommunications sector.

But Sina Bilesanmi, national president of ATCIS, said the proposed tariff increase should be suspended, while urging the telecoms operators to improve the quality if their services.

Bilesanmi said the subscribers were not enjoying the services of many operators even before the economic hardship set in. “The proposed 10 per cent increase is not welcome now.

If they want to increase their tariffs, they should first give us quality services, we cannot continue paying for the services we don’t enjoy. We can’t continue wasting our hard earned money on low quality services.

“We Insist that the services quality be improved on, then we can now talk on the tariffs increase,” he said. Also speaking on the five per cent excise duty reintroduced on telecoms by the Federal Government, the ATCIS boss said it should be stopped.

Recall that the National Association of Telecommunications Subscribers had urged the NCC to consider the 10 per cent tariff increase to moderate the rising operational costs in the nation’s telecommunications sector.

Ogunbanjo, said that the tariff hike is necessary for telecom companies to sustain their operations and improve service quality.

He stated that the current economic conditions are negatively impacting telecom operators’ business, making it crucial for the regulatory agency to find a balanced solution.

He stated: “When you now look at the quality of service the telecoms companies are rendering this day, it is very poor, and they are also complaining.

Do not forget that they said their operations were getting burdensome because of the rising costs of things, such as petrol, diesel and some other things, that will make the network function appropriately.

“They are complaining. I think in the last 11 years, they have not increased their service charge, operational costs have increased but not physical like we see in petrol,” the NATCOMS chief stated.


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GSMA Report Shows Barriers for 3.45B Unconnected People Remain as Mobile Internet Connectivity Continues to Grow

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The benefits of mobile connectivity have yet to be fully realised as 43% of the global population – equivalent to 3.45 billion people – still do not use mobile internet, according to the latest GSMA‘State of Mobile Internet Connectivity 2024’ report.

While the proportion of the global population using mobile internet on their own device continues to increase annually, the rate of user growth is slowing. 160 million people started using mobile internet last year, similar to 2022 levels but a drop from 2015-2021 when more than 200 million new users were added each year.

The new report – funded by the UK Foreign, Commonwealth and Development Office (FCDO) and the Swedish International Development Cooperation Agency (Sida) via the GSMA Mobile for Development Foundation – highlights the barriers to getting more people using mobile internet services and the ongoing need for collaboration between governments, mobile network operators and international organisations.

Closing the gaps

The latest report outlines the overall connectivity gap – that is, the combination of the usage and coverage gaps – and its findings include:

 . 4.6 billion people (57% of the global population) are now using mobile internet on their own device

 . 350 million people (4% of the global population) live in largely remote areas without mobile internet networks (the coverage gap)

 . 3.1 billion people (39% of the global population) live within mobile internet coverage but do not use it (the usage gap). The usage gap is nine times the size of the coverage gap

The least connected region globally is Sub-Saharan Africa, where only 27% of the population are using mobile internet services, leaving a 13% coverage gap and a 60% usage gap

The biggest challenge remains the usage gap. Getting these people online would be worth an estimated $3.5 trillion to the global economy during 2023-2030, with 90% of this impact benefiting low- and middle-income countries (LMICs).

The coverage gap predominantly exists in rural, poor and sparsely populated areas – often less developed, landlocked, or small island developing states. An estimated $418 billion in investment is needed to build the infrastructure required to achieve universal mobile internet access.

Breaking barriers

For the unconnected in LMICs, device affordability and digital skills and literacy are the main barriers to mobile internet adoption.

In these countries, entry-level internet-enabled devices cost 18% of average monthly income, with this rising to 51% for the world’s poorest 20%. In Sub-Saharan Africa, which accounts for a quarter of the global unconnected population, this rises to 99% of average monthly income for the region’s poorest 20%.

A lack of digital skills and literacy is the second-biggest barrier overall, but the top issue in Asian countries surveyed as part of the new report. The other established barriers to people using mobile internet are a lack of relevant, localised content and services, concerns over safety and security, and limited access to additional critical infrastructure and services such as electricity.

Enabling meaningful connectivity

While the majority of people who use mobile internet do so daily, it is typically for only a relatively small number of the most popular use cases. An average of 43% of mobile internet users in surveyed countries reported wanting to use it more. A challenge therefore remains in enabling meaningful connectivity and driving true digital inclusion.

Among those already using mobile internet, the most commonly reported barriers to increased usage include safety and security concerns, affordability (particularly of data but also handsets) and the connectivity experience.

Moreover, while the vast majority of people worldwide now access the internet on a 4G or 5G smartphone, one in five mobile internet subscribers are still using 3G smartphones or a feature phone. This reaches more than a third in Latin America & the Caribbean and MENA and almost two thirds in Sub-Saharan Africa, limiting the range and depth of online and digital experience among users.

John Giusti, Chief Regulatory Officer at the GSMA, said: “While progress continues to be made in improving infrastructure and in increasing mobile internet adoption, significant digital divides exist.

“In addition, although most users access mobile internet daily, their activities are often limited to just one or two activities, even though many express a desire to do more.

“This highlights persistent barriers – affordability, lack of skills and literacy, concerns around safety and security and a lack of relevant content and services – that prevent users from getting online and then using mobile internet to meet their life needs once they are online.

“Governments, mobile operators, and international organisations must collaborate to address barriers such as affordability, digital skills, and awareness of mobile internet and the benefits it can provide. This effort must also focus on investing in local, digital ecosystems and ensuring robust online safety frameworks.”


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SeerBit Joins Forces with Sabre to Transform Travel Payments Across Africa

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SeerBit, Africa’s most trusted payment solutions provider specialising in innovative services for businesses, has announced a strategic partnership with Sabre, a global leader in software and technology solutions powering the travel industry.

This collaboration will provide Sabre’s clients with access to SeerBit’s powerful payment infrastructure, delivering seamless, secure, and efficient payment processing for transactions and other value-added services across web, mobile, and offline channels.

Despite the travel industry injecting nearly $10 trillion into the global economy in 2023, equivalent to 9.1% of global GDP, significant payment challenges continue to frustrate the growth of the sector.

These challenges include the complexities of cross-border transactions, fragmented payment methods, payment security and fraud, fluctuations and pricing transparency, interoperability, chargebacks and dispute resolution, among others.

The payment challenges in the travel industry call for lasting solutions to bridge existing gaps and unlock the sector’s full growth potential.

Currently, the industry supports 449 million jobs, accounting for 12.2% of the global workforce and is projected to contribute $16 trillion to the global economy by 2034, representing 11.4% of the global economic landscape.

To address these persistent challenges,  SeerBit has joined forces with Sabre to deliver innovative solutions that streamline payment processes and enhance operational efficiency within the travel sector.

With this strategic partnership, Sabre will integrate SeerBit’s solutions into its travel technology platform, enabling airlines, travel agencies, global travel service providers and travelers to process payments faster and more efficiently, while ensuring compliance with local and international regulations.

Making the announcement at a brief parley recently, Omoniyi Kolade, Founder and CEO of SeerBit said, “For us, this combination of advanced payment technologies with innovative travel solutions comes at a pivotal moment in the travel industry.

“Our payment solutions are uniquely designed to simplify complex processes. By integrating with Sabre’s platform, we are providing travel businesses with the tools they need to enhance their services and deliver delightful experiences for their customers.

“We are confident that this collaboration will significantly contribute to the rapid evolution of the global travel ecosystem, particularly by making fast, secure and efficient payment processing accessible for all stakeholders in the value chain.”

“We are delighted to announce our partnership with SeerBit to engineer innovative payment capabilities that empower African travel businesses,” said Dare Olayiwola, Senior Regional Director at Sabre Travel Solutions, Central West Africa.

“Africa is a key growth market for our organisation and we are excited to work closely with SeerBit to support the evolving travel ecosystem across the continent.”

Significantly, the alliance between SeerBit and Sabre is set to bring substantial benefits to the travel industry. With the integration of SeerBit’s advanced payment technology, Sabre’s clients will gain unrivalled efficiency in transactions across multiple platforms and payment options, ensuring real-time, frictionless payments for bookings, reservations, and other services for operators within the travel ecosystem.

SeerBit is a Pan-African payment solutions provider that makes it easier for businesses and financial service providers to make and accept payments from their customers across Africa.

Users have the advantage of enjoying flexible features to fit any business with a single integration.

SeerBit is building a unified payment ecosystem that removes the complexity and fragmentation of the digital payment process in Africa, enabling businesses to seamlessly accept multiple payment methods and streamline online and offline transactions.

The company has operations in multiple African countries with a wide range of solutions developed to drive the adoption of digital payments across the continent.

Sabre Corporation is a leading software and technology company that takes on the biggest opportunities and solves the most complex challenges in travel.

The company connects travel suppliers and buyers around the globe through innovative products and next-generation technology solutions.

Sabre harnesses speed, scale, and insights to build tomorrow’s technology today – empowering airlines, hoteliers, agencies, and other partners to retail, distribute, and fulfill travel worldwide. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.


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