• 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:

  • Empowering Nigerian Youth in Building a Climate-Resilient Future By Mustapha Abdulganiyu
  • Nigeria’s Painful Path from Policy to Prosperity By Shukurat T. Ibrahim
  • Military Repels ISWAP Fighters in Gamboru Ngala

“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

Nigerian Youths

Empowering Nigerian Youth in Building a Climate-Resilient Future By Mustapha Abdulganiyu

Anambra Police Launch Probe into Viral Video of Alleged Cult Initiation Involving Minor

Tinubu’s Sudden Military Overhaul Rekindles Coup Fears, Public Reactions Flood Twitter

Anambra Guber Poll: INEC Deploys AI Virtual Assistant to Train Staff

President Bola Ahmed Tinubu

‘Tell Nigerians the Truth’: ADC Challenges Tinubu on Military Shake-Up

Oluyede, Shaibu, Aneke, Abbas: Faces, Records and Mission of Tinubu’s New Service Chiefs

COAS Waidi Shuaibu: Profile of The Battlefield Strategist to  Redefine Nigerian Army Leadership

Things To Know About the New Chief of Naval Staff,  Rear Admiral Idi Abbas

PROFILE: Meet Nigeria’s 23rd Air Chief of Staff, AVM Sunday K. Aneke

Nigeria’s Removal from FATF Grey List, a Major Milestone in Economic Reform – Tinubu

MAJOR SHAKE-UP: Tinubu Replaces Service Chiefs, Retains CDI

President Bola Ahmed Tinubu

JUST IN: Tinubu Appoints New Service Chiefs

Recent Posts

  • Empowering Nigerian Youth in Building a Climate-Resilient Future By Mustapha Abdulganiyu
  • Nigeria’s Painful Path from Policy to Prosperity By Shukurat T. Ibrahim
  • Military Repels ISWAP Fighters in Gamboru Ngala
  • FCT Police Clamp Down on Criminal Hideouts, Arrest 62 Suspects
  • Kano Police Arrest 2 Suspected Bandits, Move to Resolve Herders-Farmers Clash in Makoda
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Empowering Nigerian Youth in Building a Climate-Resilient Future By Mustapha AbdulganiyuNigeria’s Painful Path from Policy to Prosperity By Shukurat T. IbrahimMilitary Repels ISWAP Fighters in Gamboru NgalaFCT Police Clamp Down on Criminal Hideouts, Arrest 62 SuspectsKano Police Arrest 2 Suspected Bandits, Move to Resolve Herders-Farmers Clash in MakodaCommunication is National Security, Not Just Media Work – NIPR PresidentCustoms Hands Over N562 Million Worth of Seized Drugs to NDLEA, Arrests Suspect in LagosFG Moves to Strengthen Nigeria’s Global Voice, Counter Negative CampaignsAnambra Police Launch Probe into Viral Video of Alleged Cult Initiation Involving MinorTinubu’s Sudden Military Overhaul Rekindles Coup Fears, Public Reactions Flood TwitterAnambra Guber Poll: INEC Deploys AI Virtual Assistant to Train Staff'Tell Nigerians the Truth’: ADC Challenges Tinubu on Military Shake-UpOluyede, Shaibu, Aneke, Abbas: Faces, Records and Mission of Tinubu’s New Service ChiefsCOAS Waidi Shuaibu: Profile of The Battlefield Strategist to  Redefine Nigerian Army LeadershipThings To Know About the New Chief of Naval Staff,  Rear Admiral Idi Abbas
X whatsapp