Vox Media Over $70 billion have been invested in telecommunications infrastructure deployment in Nigeria since the liberalisation of the industry in 2001. The Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof Umar Garba Danbatta, who made this known said the amount represented a larger chunk of local and Foreign Direct Investment (FDI) attracted into the sector within the period. Danbatta made the remarks on Thursday while delivering the Bullion Lecture 2021 Edition organised by the Centre for Financial Journalism (CFJ), Lagos. According to him, the investment in infrastructures has boosted the economy and provided more opportunities for more Nigerians have access to telecoms services. “Today, the number of active telephone lines being used by Nigerians has signi...
Nigeria has abundant gas resources which, if harnessed, will meet the energy demand of over 350 million people and the industrial needs in the West African sub-region. According to the newly inaugurated president of the Nigeria Gas Association (NGA), Ed Ubong, “Nigeria, which ranks as the 9th largest gas reserve in the world and clearly the largest in West Africa, needs to develop this resource base and connect the existing local supply and demand with physical and virtual pipeline infrastructure, while also exploring closer integration of roads, seaports and rail infrastructure.” Speaking, at the just concluded NGA’s 12th International Conference and Industry Awards in Lagos last week, Ubong who is also the managing director, Shell Nigeria Gas Limited, however, advocated an improved inves...
The Economic Community of West African States (ECOWAS) Vaccine Taskforce has recommended compensation for citizens who suffer side effects or injury from the COVID-19 vaccination. Professor Stanley Okolo, the Director-General of the West African Health Organisation (WAHO), disclosed this at the 5th Regional Steering Committee meeting of the Regional Disease Surveillance Systems Enhancement (REDISSE) project on Saturday in Abuja. Okolo said that the recommendation was one of the resolutions adopted by the taskforce and presented to the ECOWAS Ministerial Coordinating Committee to encourage citizens to receive the vaccine. He explained during the REDISSE virtual meeting that the issue of indemnity was being taken up by the COVID-19 Vaccines Global Access, the global initiative aimed at equit...