• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Government Digital Economy Generates N1.54bn in Two Years- Pantami
  • Government

Digital Economy Generates N1.54bn in Two Years- Pantami

By
Prnigeria
-
August 19, 2021
Prof Isa Pantami, former Minister of Communication and Digital Economy
Prof Isa Pantami, former Minister of Communication and Digital Economy

Digital Economy Generates N1.54bn in Two Years- Pantami

In its bid to deliver the promises made by President Muhammadu Buhari, GCFR, to all Nigerians in terms of economic diversification, enhanced security and anti-corruption, the Federal Ministry of Communications and Digital Economy and its parastatals under the leadership of the Honorable Minister, Dr Isa Ali Ibrahim Pantami, have generated a total of One trillion, 54 billion naira as revenue for the Federal Government through the implementation of various policies, initiatives and interventions.

The Honorable Minister made this disclosure today during the virtual commissioning of the 12th batch of the Digital Economy Projects for a Digital Nigeria at the Digital Economy Complex, Mbora, Abuja.

The 12th batch of  the digital economy projects which were virtually commissioned by Dr Pantami includes; the e-Accessibility Centre in Bauchi State Orphans and Vulnerable School, Bauchi; the Digital Economy Centre and e-Learning Facility at Ogba Grammar School, Lagos; the Digital Economy Centre and e-Learning Facility at St Paul Secondary School, Eke, Enugu; the  Digital Economy Centre and e-Learning Facility at the Federal Character Commission, Abuja; the Emergency Communications Centre at Leko Abdulrahman Hospital, Daura; the e-Accessibility Centre at the Alderstown Schools for the Deaf, Warri; and the Virtual Examination Centre, at the College of Education, Argungu, Kebbi State.

The Honorable Minister stated that the Communications and Digital Economy sector singlehandedly lifted the country out of recession, with ICT recording the highest growth rate according to reports given by the Nigerian Bureau of Statistics, NBS, in the fourth quarter of 2020.

“The Ministry and its parastatals have generated over N1 Trillion for the Federal Government in less than 2 years, this translates to an average of about N44 Billion every month or over N1.4 Billion every day”, he added.
He mentioned that within this period, the Ministry has been able to record some major achievements in the area of national policy formulation, infrastructure, national identification number enrollment, revenue generation and many more.

Dr Pantami further disclosed that about N360 Billion of this revenue was largely from Spectrum allocated by the National Frequency Management Council (NFMC), under the Chairmanship of the Minister, to the Nigerian Communications Commission (NCC) and National Broadcasting Commission (NBC) for commercial purposes.  He also added that over N600 Billion was paid by ICT Companies to the account of the Federal Government through the Federal Inland Revenue Service (FIRS).

“Furthermore, over Ninety Four Billion Naira (N94,000,000,000) was generated for the Federal Government and approved by the National Assembly in line with relevant laws, as part of the 2020 appropriation for personnel, capital projects, capacity building, interventions, etc. The IT Projects Clearance Programme also saved over Five Billion Naira (N5,478,007,325.23) for the Federal Government”, the Minister recalled .

Read Also:

  • UPDATE: NAF Clarifies Jet’s Precautionary Landing Amid Geopolitical Tensions in Burkina Faso
  • NAF jet forced to land in Burkina Faso, authorities give reasons
  • US Lawmakers Hail Security Breakthrough After Abuja Talks, Commend Rescue of 100 Abducted Schoolchildren

Dr Pantami, while applauding the chief executive officers of the various parastatals under the ministry at the virtual commissioning event for their support and commitment, modestly disclosed that 1,667 ICT projects and Centres have been established across the country in 2years since he assumed duty as the Honorable Minister of the Ministry. “In addition to those already established, we have over 455 other projects and programmes that are ongoing. All these are in full alignment with the National Digital Economy Policy and Strategy for a Digital Nigeria”, he noted.

Accordingly, the Honorable Minister strongly believed that in creating and developing a sustainable digital economy, it was imperative to create a critical mass of highly skilled citizens by engaging in constant capacity programmes. “In the last 2 years, we have offered direct world class training to well over 219,198 citizens in digital skills and emerging technologies. This number does not include the many citizens that have benefited from trainings through our Centres”, he stated.

Furthermore, he said that the mass trainings were efforts geared at promoting a paradigm shift from the general societal focus on degrees to a strong focus on skills acquisition.

While speaking on policy formulations, Dr Pantami said that within his 2 years tenure as Minister, 16 National policies have emerged, which includes; the National Digital Economy Policy & Strategy (NDEPS); Roadmap for the Implementation of the NDEPS; the Nigerian National Broadband Plan 2020-2025; Sim Card Registration Policy; National Policy on Digital Identity for Internally Displaced Persons in Nigeria; National Policy on VSAT Installation Core Skills for Nigerians, amongst many others that have been developed and implemented as against just one policy he inherited on assumption into the office.

The Honorable Minister agreed that a highly robust identity programme is critical to create a secure and sustainable digital economy. He further disclosed that the Ministry has significantly increased the number of National Identification Number (NIN) enrolments since the National Identity Management Commission (NIMC)

joined the Communications and Digital Economy family in September 2020.

“The increase of about 20 million enrolments in less than a year is unprecedented. We have also launched the Android enrolment software and have received Federal Executive Council (FEC) approval for the upgrade of critical ICT infrastructure of the National Identity Management System,” Dr Pantami announced.

Earlier, the Minister thanked the President of the Federal Republic of Nigeria, President Muhammadu Buhari, GCFR, for giving him the opportunity to serve the nation and citizens. He also expressed his profound gratitude to the CEO’s of all the parastatals under the Ministry for their commitment and unflinching support towards him in the last two years in office.

“I want to use this opportunity to encourage all the host communities and beneficiaries of all our projects and programmes to ensure that they take full advantage of the facilities and skills for the benefit of their communities and the Nation”, the Minister concluded.

The Director General of the National Information Technology Development Agency (NITDA), Mallam Kashifu Inuwa Abdullahi, CCIE, while giving his goodwill message, congratulated the Honorable Minister on his second year anniversary in office. He noted that the Minister’s achievements were unprecedented and therefore gave assurances of his agency’s support and commitment into the full implementation of the National Digital Economy Policy and Strategy (NDEPS) in creating a sustainable Digital Nigeria.

“At NITDA, based on our Strategic Roadmap and Action Plan,(SRAP) we will key in 100% into the implementation of the NDEPS and cascade our activities in line with the policy”, Abdullahi stated.

By PRNigeria

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Digital Economy
  • NIMC
  • NITDA
  • Pantami
  • SRAP
Previous articleKashifu Abdullahi and Uncommon Transformation of NITDA
Next articleNEMA plants Trees on World Humanitarian Day 2021
Prnigeria
Prnigeria
Xing

RELATED ARTICLESMORE FROM AUTHOR

UPDATE: NAF Clarifies Jet’s Precautionary Landing Amid Geopolitical Tensions in Burkina Faso

NAF Airstrike fighter jets

NAF jet forced to land in Burkina Faso, authorities give reasons

US Lawmakers Hail Security Breakthrough After Abuja Talks, Commend Rescue of 100 Abducted Schoolchildren

NSCDC Busts Human Trafficking Syndicate and Rescued Victims

NSCDC Busts Human Trafficking Syndicate, Rescues 14 Women Bound for Egypt, Israel 

Chief of the Naval Staff, Vice Admiral Idi Abbas

Navy Launches Annual Sea Exercise “Eru Obodo 2025” to Boost Maritime Security

WiPHLA Launches Initiative to Boost Women Leadership in African Public Health

Customs Intercepts Boats, 184,000 Litres of PMS in Adamawa

Bandits enclave after being bombarded by Army, NAF

Army Eliminates 11 Terrorists, Recovers Weapons in Precision Ambush in Sokoto

Troops Foil Robbery, Rescue Hostages, Recover Weapons in Taraba

REVEALED: How Nigeria’s Military Saved Benin’s 35-Year Democracy, Tinubu Salutes Armed Forces 

NAF Airstrike fighter jets

NAF Sustains Operations in Republic of Benin Following Failed Coup Attempt

Army Chief, the Commandant AFCSC, Air Vice Marshal Hassan Idris Alhaji,

Insecurity: COAS Launches Wargaming Hub, Commissions 250 Combat-Ready Officers in Security Emergency Drive

Recent Posts

  • UPDATE: NAF Clarifies Jet’s Precautionary Landing Amid Geopolitical Tensions in Burkina Faso
  • NAF jet forced to land in Burkina Faso, authorities give reasons
  • US Lawmakers Hail Security Breakthrough After Abuja Talks, Commend Rescue of 100 Abducted Schoolchildren
  • NSCDC Busts Human Trafficking Syndicate, Rescues 14 Women Bound for Egypt, Israel 
  • Navy Launches Annual Sea Exercise “Eru Obodo 2025” to Boost Maritime Security
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
UPDATE: NAF Clarifies Jet’s Precautionary Landing Amid Geopolitical Tensions in Burkina FasoNAF jet forced to land in Burkina Faso, authorities give reasonsUS Lawmakers Hail Security Breakthrough After Abuja Talks, Commend Rescue of 100 Abducted SchoolchildrenNSCDC Busts Human Trafficking Syndicate, Rescues 14 Women Bound for Egypt, Israel Navy Launches Annual Sea Exercise “Eru Obodo 2025” to Boost Maritime SecurityWiPHLA Launches Initiative to Boost Women Leadership in African Public HealthCustoms Intercepts Boats, 184,000 Litres of PMS in AdamawaUN Women Recognizes Nigeria’s Youngest Lawmaker, Rukayat Shittu, as Global Emerging LeaderArmy Eliminates 11 Terrorists, Recovers Weapons in Precision Ambush in SokotoTroops Foil Robbery, Rescue Hostages, Recover Weapons in TarabaEX ERU OBODO: Navy Flags Off Annual Sea Exercise to Boost Maritime DefenceAbducted Niger Pupils: Military Intensifies Rescue Ops, Cautions Against SpeculationExpert Calls Otedola Bridge a "Structural Death Trap," Urges Lagos Government to Demolish and RebuildNigeria’s First Women-Only Hausa Media Outlet, Mata Media, Officially LaunchesREVEALED: How Nigeria’s Military Saved Benin’s 35-Year Democracy, Tinubu Salutes Armed Forces 
X whatsapp