Telecom
Economic Diversification, Ethical Leadership Panacea to Nigeria’s Economic Crisis – Danbatta
Prof. Umar Garba Danbatta, executive vice chairman/ceo, Nigerian Communications Commission (NCC), has underscored the centrality of economic diversification and ethical leadership at all levels of government as panacea to the current economic headwinds in Nigeria.
Danbatta stated this when he delivered a paper titled: “Ethical Leadership as an Instrument for National Sustainability in the Post-Oil Nigerian Economy. A Public Sector Perspective” at a two-day hybrid (online and onsite) Annual Directors Conference (ADC) organised by the Institute of Directors (IoD), Nigeria earlier this week, where he also emphasised that the fourth industrial revolution (4IR) or digital age promises greater revenue-earning potential to the nation.
Danbatta, who went on a memory lane to discuss Nigeria’s economic shift to oil revenue following discovery of oil in the 1970s, leading to the relegation of agriculture, which was hitherto the source of Nigeria’s foreign exchanges earnings, said the Federal Government has realised that Nigeria cannot be solely dependent on oil earnings anymore, hence the decision of the FG to explore ways of diversifying the economy.
Economic diversification, according to Danbatta, is the process of shifting an economy away from a single income source toward multiple sources from a growing range of sectors and markets.
He said this is with a view to increasing productivity, creating jobs and providing the basis for sustained economic growth.
The EVC said though, the Federal Government has made several attempts at economic diversification such attempts have had little impact as majority of them have folded up, whilst others are finding it difficult to survive, just as he noted that the situation has further been compounded by the recent economic recession and the COVID-19 pandemic, which adversely affected the global economy, including Nigeria.
Danbatta stated that countries and societies have evolved by finding new ways of doing things to ensure economic sustainability, which has led to the first, second and third industrial revolutions.
“Currently, countries are exploiting the 4IR in order to diversify their economies. The fourth industrial revolution, which has also been referred to as 4IR or Industry 4.0, describes the age of intelligence and encompasses technologies like high-speed mobile Internet, Artificial Intelligence (AI), automation, the use of big data analytics and cloud computing,” he said.
While highlighting the major constraints facing Nigeria with regard to the fourth industrial revolution to include inadequacy of digital skills, infrastructure deficit and enabling environment, Danbatta, emphasised that the 4IR is the information and digital economy age, which, if properly enhanced and exploited, can unleash a new phase of massive revenue generation and wealth creation for Nigeria in the post-oil era.
“This is because while natural resources such as oil, gas, and so on, are finite, data and information are infinite. Furthermore, the possibilities provided by the 4IR are limitless and can generate employment for Nigeria’s teeming youth population Therefore, in order to achieve economic growth using the 4IR there is the need for ethical leadership,” he said.
Zeroing on the centrality of ethical leadership in the public sector, Danbatta said in order to achieve national sustainability in the post-oil Nigerian economy, the highest standard of ethical leadership is required of all leaders especially in the public sector.
“Ethical leadership is essential for sustainable development of a Country. Nurturing an ethical leadership culture is essential and this will determine the transformation and overall development of the Country.
“Nigeria stands at the threshold of history and would definitely need ethical leaders to ensure sustainability in the post-oil era as government takes positive steps to diversify the economy,” he added.
The IoD Nigeria Annual Directors’ Conference is the Institute’s flagship event, which is attended by captains of industry and directors in both private and public sectors of the Nigerian economy.
It is a forum where contemporary issues affecting leadership and corporate governance of Nigeria’s businesses are x-rayed and global best practice solutions provided by professionals and practitioners in corporate administrations.
Telecom
PMCRG Invokes FoI, Asks NCC to Disclose Findings on Telecoms Competition Landscape
Pervasive and Mobile Computing Research Group (PMCRG), a specialised research arm within Obafemi Awolowo University’s (OAU) Africa Centre of Excellence (ACE) ICT-Driven Knowledge Park, has formally requested the Nigerian Communications Commission (NCC) to release findings of a 2022 study on the telecommunications competition landscape in Nigeria.
Prof. Adeniran Oluwaranti, coordinator, PMCRG, in a statement, said that the request was made under the Freedom of Information Act (FOI), which underscores PMCRG’s commitment to driving transparency and innovation in Nigeria’s rapidly evolving ICT sector.
According to Prof Adeniran, the NCC engaged the globally renowned consulting firm, PricewaterhouseCoopers (PwC), in 2022 to assess competition in the critical areas of collocation and infrastructure sharing (CIS) within the telecom industry.
However, despite the completion of the study, its findings have not yet been made public.
Oluwaranti led PMCRG, is seeking access to this report to support academic research, policy formation, and industry-wide innovations.
Oluwaranti explained the importance of the report and how the lack of transparency could slow progress in the telecom industry.
“The findings of the 2022 NCC study have the potential to impact both consumers and businesses significantly. For consumers, the report could shed light on the level of competition in the telecom market, helping regulators ensure fair pricing and service quality.
“For businesses, the study could identify new opportunities for infrastructure sharing and improved market access.
“Ultimately, this report could lead to policy decisions that shape the future of Nigeria’s telecom landscape, ensuring that it remains competitive and innovative,” said Prof. Oluwaranti.
Oluwaranti, expressed optimism about the release of the report.
“We are hopeful that the NCC will adhere to the FOI request and release the report. Transparency is key to fostering an innovative and competitive telecommunications sector. We believe that having access to this data will benefit not only the academic community but also the entire country by promoting evidence-based policy making,”.
“The CIS segment is crucial to fostering competition in Nigeria’s telecommunications landscape. With the report’s findings, give stakeholders a clearer understanding of the current competitive landscape, the challenges, and the growth opportunities. This is vital not only for improving regulatory frameworks but also for driving innovation in areas like 5G/6G networks, cybersecurity, and rural connectivity”, the statement reads.
Telecom
NCC Plans 6G Spectrum Deployment to Expand Wi-Fi Access
Nigerian Communications Commission (NCC) has announced plans to deploy the 6G spectrum in Nigeria to enhance access to Wi-Fi technology.
Speaking on Thursday at a consultative forum on emerging technologies in Lagos, Aminu Maida, executive vice-chairman of the NCC, highlighted the need for efficient management and utilisation of spectrum resources.
The event, tagged ‘The Use of 6GHz (5925-7125) MHz for WiFi and IMT Applications in Nigeria’, sought input from stakeholders on how the new frequency band can be optimally used.
Maida, represented by Abraham Oshadami, executive commissioner of technical services at the NCC, explained that existing spectrums, including 5G and 2G, are becoming congested due to increasing demand, necessitating the introduction of additional frequency bands such as 6GHz.
“The 6GHz band offers a substantial increase in available spectrum, crucial for supporting the growing demand for high-speed internet and advanced applications,” Maida said.
“Wi-Fi plays a crucial role in the distribution of fixed broadband connectivity in homes, offices, and various other environments.”
Maida further explained that with Wi-Fi 6, users will benefit from increased capacity, enabling seamless connectivity for emerging technologies such as virtual reality (VR) and augmented reality (AR), which current spectrums cannot fully support.
He added that the introduction of unlicensed Wi-Fi 6 will lower the cost of internet access.
Caroline Alenoghena, a telecommunications engineering professor at the Federal University of Technology, Minna, stated that the introduction of the new spectrum is necessary to reduce congestion in existing Wi-Fi frequencies.
She noted that the 6G band would create new opportunities for start-ups in the digital services sector.
Tony Emoekpere, president of the Association of Telecommunications Companies of Nigeria (ATCON), emphasized that the proper allocation of the 6G spectrum would enable the deployment of diverse technologies and help democratise access to urban, semi-rural, and rural areas.
He said, “Foreseeable challenges are things like infrastructure requirements, the whole of investment that’s required, competing technologies, because some of these technologies are still being developed.”
Emoekpere described the consultative forum as standard practice in the industry to ensure that all stakeholders are involved in the development of new technologies and policies.
Telecom
IFC, Airtel Africa Partner to Increase Access to High-speed Mobile Connectivity in sub-Saharan Africa
IFC has provided new financing to three of Airtel Africa plc’s subsidiaries with the aim of bringing high-speed mobile connectivity to more than 37 million subscribers in sub-Saharan Africa.
IFC’s $200 million loan will support the expansion and modernization of Airtel Africa’s network, as well as further investment into its distribution infrastructure, with a continued focus on rural areas.
Across Africa, approximately 600 million people lack access to 4G mobile coverage. In many countries across sub-Saharan Africa, the availability of mobile internet, and network performance, are below regional averages.
Despite this connectivity gap, up to 86 percent of firms on the continent use mobile phones for business operations, according to IFC’s recent report on digital connectivity in Africa. IFC’s financing is intended to help close this gap.
The new financing will take the form of a sustainability-linked loan, with key performance indicators related to the main pillars of Airtel Africa’s sustainability strategy: digital connectivity focused on smartphone adoption rates, financial inclusion for women, and gender balance within Airtel Africa’s own management team.
These three metrics will contribute to bridging the digital divide in Africa and support the equitable distribution of economic opportunities, poverty reduction, and financial stability across the continent. Most of the financing package is denominated in local currency, which IFC is providing to reduce the impact of currency volatility.
“IFC’s partnership with Airtel is critical to expanding high-speed connectivity in Africa,” said Mary Porter Peschka, IFC’s Regional Director for Eastern Africa. “Better connectivity means more opportunity. Our work with Airtel will help millions more people not only to come online but also gain access to high-speed networks so that they can better leverage the digital economy opportunities.”
With limited banking infrastructure in East Africa, mobile network operators are, in many cases, the only providers of financial services for consumers in these markets. In particular, women are especially reliant on this form of mobile banking.
Increasing digital connectivity is therefore a way to increase financial and gender inclusion.
Airtel Africa intends to partner with local and regional financial institutions to further enhance the mobile money eco-system by providing additional financial services to all customers across the region, further enabling the economic empowerment of women.
Airtel Africa’s Group CEO, Sunil Taldar said: “The expansion of our network is critical to our ambition of bridging the digital divide across Africa. This ambition can only be unlocked through continued investment into the region, and we welcome the partnership with IFC to enable this and further support our sustainability strategy of transforming lives and building better futures for communities across Africa.”
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