• 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:

  • Troops Neutralise 12 Terrorists in  Sambisa, Mandara Mountains, Recover Firearms, Motorcycles
  • Customs Disowns Fake Recruitment Flyer, Warns Public Against Fraudsters
  •  Tinubu Names New Ambassadors to France, US, UK, and Turkey

“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

Terrorists bomb-laden vehicles destroyed by Nigerian Troops

Troops Neutralise 12 Terrorists in  Sambisa, Mandara Mountains, Recover Firearms, Motorcycles

Customs Disowns Fake Recruitment Flyer, Warns Public Against Fraudsters

President Bola Ahmed Tinubu

 Tinubu Names New Ambassadors to France, US, UK, and Turkey

Troops of Nigerian Army after successfully foiling an ambush by Boko Haram/ISWAP Terrorists

Troops Kill Suspected Boko Haram Fighter, Recover Arms in Maiduguri Operation

NJC Recommends FHC Chief Registrar, Suleiman Amida Hassan, 13 Others for Judges

Chief of Army Staff, Lt. Gen. Waidi Shaibu receiving the Federal Commissioner of the National Commission for Refugees, Migrants and Internally Displaced Persons, Dr Tijani Aliyu Ahmed,

COAS Pledges Continued Army Support for Refugees, IDPs

REVEALED: Why S’Court Dismissed Lagos Gov’t Appeal Against Al-Mustapha Over Murder of Kudirat Abiola

Nigerian Navy Explores Cutting-Edge Maritime Tech at Qatar Defence Expo

FACT-CHECK: Did Atiku’s Wife Call Obasanjo a “Monkey” for Scuttling Husband’s Presidential Aspiration?

DHQ Leads Media Tour of North East, Reviews Transition to Peace and Stability

Gallant Soldiers Pay Supreme Price as Troops Crush Terrorist Networks, Foil Suicide VBIED Attacks at Timbuktu Triangle

Troops Dismantle Terrorist Networks in Timbuktu Triangle, Foil Vehicle-Borne IED Attacks

Recent Posts

  • Troops Neutralise 12 Terrorists in  Sambisa, Mandara Mountains, Recover Firearms, Motorcycles
  • Customs Disowns Fake Recruitment Flyer, Warns Public Against Fraudsters
  •  Tinubu Names New Ambassadors to France, US, UK, and Turkey
  • Troops Kill Suspected Boko Haram Fighter, Recover Arms in Maiduguri Operation
  • NJC Recommends FHC Chief Registrar, Suleiman Amida Hassan, 13 Others for Judges
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Troops Neutralise 12 Terrorists in  Sambisa, Mandara Mountains, Recover Firearms, MotorcyclesCustoms Disowns Fake Recruitment Flyer, Warns Public Against Fraudsters Tinubu Names New Ambassadors to France, US, UK, and TurkeyTroops Kill Suspected Boko Haram Fighter, Recover Arms in Maiduguri OperationNJC Recommends FHC Chief Registrar, Suleiman Amida Hassan, 13 Others for JudgesCOAS Pledges Continued Army Support for Refugees, IDPsREVEALED: Why S'Court Dismissed Lagos Gov't Appeal Against Al-Mustapha Over Murder of Kudirat AbiolaNigerian Navy Explores Cutting-Edge Maritime Tech at Qatar Defence ExpoBaze University Architecture Students Engage Public Sector Clients in 2026 Live ProjectUS, Nigeria Deepen Cooperation Against Terror GroupsFACT-CHECK: Did Atiku’s Wife Call Obasanjo a “Monkey” for Scuttling Husband's Presidential Aspiration?Navy Commissions Healthcare Centre, Borehole in AdamawaArgungu Festival Reflects Nigeria’s Cultural Unity, Says FGEgypt Pledges Training, Equipment Support for MNJTF OperationsDHQ Leads Media Tour of North East, Reviews Transition to Peace and Stability
X whatsapp