• 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 Economy Communications Ministry Generates N10.6bn from IT Projects, Creates Innovation Enterprises’ Pool
  • Economy

Communications Ministry Generates N10.6bn from IT Projects, Creates Innovation Enterprises’ Pool

By
Prnigeria
-
October 24, 2022
Prof Isa Pantami, former Minister of Communication and Digital Economy
Prof Isa Pantami, former Minister of Communication and Digital Economy

Communications Ministry Generates N10.6bn from IT Projects, Creates Innovation Enterprises’ Pool

The Federal Ministry of Communications and Digital Economy has also developed an IT clearance portal to support inoperability, eliminate duplication and ensure value for money in the implementation of ICT projects in the country.

Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, disclosed this on Monday, at a press conference in Abuja, to commemorate the Digital Nigeria Day 2022.

According to Pantami, the quarterly savings from the IT Projects’ Clearance Process rose from N12.45 million to N10.57 billion, in the last three years.

He said: “Through our efforts, 355,610 direct and indirect jobs were created”.

The Minister, said a pool of Innovation Driven Enterprises (IDEs) to accelerate the development of Nigeria’s digital economy, will soon be launched.

“On assumption of office on the 21st of August 2019, the official broadband penetration figures stood at 33.72% and today it is 44.65%, representing close to 13 million new broadband users.

“Similarly, there were 13,823 4G base stations and we now have 36,751, representing a 165.86% increase. The percentage 4G coverage across the country also increased from 23% to 77.52%.

Read Also:

  • IG Appoints New National Coordinator for Anti-Cultism Campaign
  • Nigeria Rallies D-8 Nations for a Stronger, Safer Media Space
  • DICON Assembles 1,000 Rifles, Targets 60 Million Rounds of Ammunition Annually

“Additionally, the cost of data has crashed from N1,200 per GB to about N350, making it easier for Nigerians to connect to the Internet,” he said.

Prof. Pantami, explained that privacy concerns are also being addressed through the newly established Nigeria Data Protection Bureau (NDPB), adding that the drafting of the Data Protection Bill has reached an advanced stage.

His words: “On assumption of office on the 21st of August 2019, the official broadband penetration figures stood at 33.72% and today it is 44.65%, representing close to 13 million new broadband users.

“Similarly, there were 13,823 4G base stations and we now have 36,751, representing a 165.86% increase. The percentage 4G coverage across the country also increased from 23% to 77.52%.

“Additionally, the cost of data has crashed from N1,200 per GB to about N350, making it easier for Nigerians to connect to the Internet”.

In a remark, the Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof. Umar Garba Danbatta, lauded Pantami for his sterling leadership and guidance, which he noted has kept the Heads of Agencies supervised by the Communications and Digital Economy Ministry, on their toes.

“Without your guidance, the achievements we are all celebrating today wouldn’t have been possible,” he said.

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 Communication
  • Isa Ali Ibrahim Pantami
Previous articleScores of Terrorists Killed as Nigerian Military Raids Halilu, Zamfara Wealthiest Bandit’s Camp
Next articleJUST IN: Court Orders Final Forfeiture of Diezani’s Abuja Homes, Luxury Cars
Prnigeria
Prnigeria

RELATED ARTICLESMORE FROM AUTHOR

IGP Kayode Egbetokun Police Boss

IG Appoints New National Coordinator for Anti-Cultism Campaign

DICON

DICON Assembles 1,000 Rifles, Targets 60 Million Rounds of Ammunition Annually

Bandits in violence terrorism

A Nation at a Crossroads: We Must Not Surrender to Banditry and Insurgency

CISLAC Expresses Concern as Violent Attacks, Schoolchildren Kidnappings Surge

CP Jimoh Moshood

The Rise of Community-Focused Policing in Lagos, By Shukurat T. Ibrahim

COAS Waidi Shaibu Visited Wounded Personnel in Kaduna

COAS Visits Wounded Soldiers in Kaduna, Pledges Enhanced Medical Care, Troops Welfare

Issues as Johannesburg hosts Africa’s maiden G20 Summit, By Hammeed M. Bello, PhD

Nigeria Map

Genocide Nomenclature in Nigeria, By Aliyu U. Tilde

Mallam Nuhu Ribadu @ 65: A Brother, A Beacon, A Blessing To Nigeria, By Gov. Uba Sani

bandict captured students

The Endless Tragedy of Missing Schoolgirls in Nigeria, By Hafsat Ibrahim

The Minister of Education, Dr. Tunji Alausa

FG Orders “Immediate” Closure of 47 Unity Schools Across Northern Regions Over Rising Insecurity

court Judiciary

UN Complex Bombing: Court Admits Video Evidence Against Al-Barnawi, Terror Suspects

Recent Posts

  • IG Appoints New National Coordinator for Anti-Cultism Campaign
  • Nigeria Rallies D-8 Nations for a Stronger, Safer Media Space
  • DICON Assembles 1,000 Rifles, Targets 60 Million Rounds of Ammunition Annually
  • A Nation at a Crossroads: We Must Not Surrender to Banditry and Insurgency
  • CISLAC Expresses Concern as Violent Attacks, Schoolchildren Kidnappings Surge
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
IG Appoints New National Coordinator for Anti-Cultism CampaignNigeria Rallies D-8 Nations for a Stronger, Safer Media SpaceDICON Assembles 1,000 Rifles, Targets 60 Million Rounds of Ammunition AnnuallyA Nation at a Crossroads: We Must Not Surrender to Banditry and InsurgencyCISLAC Expresses Concern as Violent Attacks, Schoolchildren Kidnappings SurgeThe Rise of Community-Focused Policing in Lagos, By Shukurat T. IbrahimCOAS Visits Wounded Soldiers in Kaduna, Pledges Enhanced Medical Care, Troops WelfareIssues as Johannesburg hosts Africa’s maiden G20 Summit, By Hammeed M. Bello, PhDAI-Mageddon: Will AI Outgrow Humanity? A Warning Nigeria Must Not IgnoreGenocide Nomenclature in Nigeria, By Aliyu U. TildeMallam Nuhu Ribadu @ 65: A Brother, A Beacon, A Blessing To Nigeria, By Gov. Uba SaniThe Endless Tragedy of Missing Schoolgirls in Nigeria, By Hafsat IbrahimFG Orders "Immediate" Closure of 47 Unity Schools Across Northern Regions Over Rising InsecurityUN Complex Bombing: Court Admits Video Evidence Against Al-Barnawi, Terror SuspectsPolice Issue Update on Bandits’ Abduction of Secondary School Students in Niger 
X whatsapp