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FG generates $547m from 5G auction

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President Muhammadu Buhari has commended the auctioning of the 5G spectrum, which generated 547 million dollars.

The president attributed the feat to the digital economy, which had driven growth, created employment and generated revenue for the country,

The president said this at the National Shared Services Centre, a one-stop-shop for Ministries, Departments and Agencies to (MDAs) interface with citizens, which also houses a Cyber Security Operations Centre, Network Centre and Call Centre in Abuja on Tuesday.

According to the president, the National Shared Services Centre will provide services that are “swift, secure and seamless’’.

Buhari noted that the Information, Communication and Technology Sector (ICT) had accelerated diversification of the economy.

He said the Q2 Gross Domestic Product Report by the National Bureau of Statistics showed the extent of growth, with the ICT contributing an unprecedented 18.44 per cent to the GDP, close to three times the 6.33 per cent contribution of the oil sector in the same quarter.

“As part of our efforts to expand our digital infrastructure; we increased our 4G base stations from 13,823 to 36,751 from August 2019 to date, and this has increased the percentage of 4G coverage across the country from 23 per cent to 77.52 per cent also from August 2019 to date.

”We have also followed this up with roll-out of 5G services.

“It is noteworthy that the digital economy sector has excelled in generating revenue for the government.

”In particular, at the Ministerial Retreat that I chaired from the Oct. 18 to Oct. 19, 2022, our independent analysts adjudged the digital economy sector to have generated 594 per cent of its revenue target from the 2019 baseline.

”This is very commendable. As part of these unprecedented achievements, the sector generated over 547 million dollars from the auctioning of the 5G spectrum alone,’’ he said.

Buhari said he was pleased to unveil and commission a number of initiatives that further express the government’s commitment to develop a sustainable digital economy in Nigeria.

“These initiatives are part of our administration’s efforts to position the digital economy as a key enabler for the diversification of our economy and as a catalyst for the transformation of every sector of our economy.

“You will recall that I unveiled and launched the National Digital Economy Policy and Strategy for a Digital Nigeria on the 28th of November, 2019 and I am very proud of the giant strides and the unprecedented progress that we have made in in less than one year since the unveiling.

“To ensure that the digital economy sector remains successful and in order to reduce the burden on citizens, I recently approved the suspension of the proposed excise duty in the telecoms sector, as any initiative that will lead to hardship for the citizens would not be pursued,’’ the president said.

Buhari said the digital economy ensured continuity in governance during the restrictions that came into force as a result of the COVID-19 pandemic.

“We approved the National Policy on Virtual Engagements for Federal Public Institutions on the Oct. 14, 2020 and this enabled us to formalise government online meetings.

”As such statutory meetings like the Federal Executive Council meetings, Council of State meetings and other meetings can now take place online, effectively and legally.

“Our administration’s commitment to promoting data promotion and privacy is receiving praise across the world and we have increased our digital identity enrolments from 39 million in October 2020 to about 92 million today.

“The massive increase of about 63 million in about two years is a global success story and has led to several requests for partnership from countries within and outside Africa.

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EFCC, DSS Strengthen Collaboration to Tackle Corruption

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EFCC, DSS Strengthen Collaboration to Tackle Corruption

The Economic and Financial Crimes Commission (EFCC) and the Department of State Services (DSS) have resolved to strengthen collaboration.

Dele Oyewale, the EFCC Spokesperson disclosed this in a statement on Friday in Abuja.

Oyewale said that the collaboration would be, particularly, in the area of Intelligence to tackle the menace of economic and financial crimes and corruption.

According to him, the two agencies made the resolution, when Paul Akugbo, new Director of Base Command Liaison, Lagos paid a courtesy visit to Michael Wetkas, Acting Director of Lagos Directorate of the EFCC.

Meanwhile, Akugbo described the visit as most necessary towards strengthening the already existing collaboration between the DSS and the EFCC.

“It is, indeed, a thing of honour to be among you today.

“As you know, the Base Command is not the Lagos Command; rather, it is the national headquarters annex located in Lagos,” he said.

He commended the EFCC for its unrelenting efforts to stamp out corruption in Nigerian society.

Responding, Wetkas expressed delight in receiving Akugbo and his team, adding that the DSS and the EFCC had always worked together.

“On several occasions, we have written letters to you for certain people on our watch list and you have intercepted them and handed them over to us. We thank you for this.

“The success of our various services is our joint success. Lagos is a challenging place and we are here to support in any way we can,” he said.

He said that the visit was a demonstration that the DSS was ready to work and partner with the EFCC to achieve overall success for Nigeria.

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FCT Minister threatens to kick out non-performing contractors

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FCT Minister threatens to kick out non-performing contractors

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has threatened to kick out non-performing contractors executing projects in the FCT.

Wike made the threat in Abuja on Friday, after inspecting the ongoing construction of the 15-kilometre left-wing service lane of the Outer Southern Expressway, from Ring Road 1 to Wasa.

The threat followed what the minister described as a “disappointing performance” of CGC Nigeria Ltd executing the project, saying “it is barely 50 per cent as against CGC’s 75 per cent claim.

“As at last year, you promised you would finish the project by December 2024 or at most January 2025, now you have extended it to May.

“With what I am seeing, it may not be possible till eight or nine months from now.

“You should be fair to us. If we have an agreement, let’s keep to that agreement and we are paying. Why should we see what we are seeing now? He asked.

The minister said that the FCT Administration had paid over 80 per cent of the contract sum, “but look at what they have done. This is very bad. I am not encouraged.

“We have paid the contractor more than 80 per cent of this contract and the job, as far as I am concerned, is not up to 50 per cent. I am not going to accept this.”

On what he would do to non-performing contractors, Wike said: “We don’t have any relationship with non-performing contractors. Everybody knows our position that if you don’t perform, we kick you out.

“There is no sentiment about it. Whether you are an indigenous contractor; whether you are a foreign contractor; we don’t care. All we are concerned about is the work.

“If you do the work; we go along with you, if you don’t do the work; we kick you out and we will make you pay for it; there must be sanctions.

“You can’t just collect our money, and we just say go, when you do not complete our project, no.

“Before we kick you out, we will make you pay for it. That is our position.”

He explained that his attention was drawn to the project when he inspected the Apo to Karshi road on Thursday and passed through Wasa on his way back.

He explained that the inspection was to see things for himself.

“There was no equipment here yesterday when I passed through the road.

“I believe it is because I said I was coming here today that you mobilised equipment. These are things I will not accept.

“CGC is one of the most respected construction companies in the country, but as far as this road is concerned, I am not happy,” he groaned.

The minister directed the Director of Engineering Services, Federal Capital Development Authority to sit with the contractor, agree on a work plan, and commit to a completion timeline.

Wike said that the work plan described the road as important considering the huge economic activities taking place in the area.

He directed that the project delivery work plan should be on his table on Monday, pointing out that the road, if completed, would significantly reduce traffic congestion in the area.

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Obi celebrates Oyedepo at 70, describes him as exceptional servant of God

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Obi celebrates Oyedepo at 70, describes him as exceptional servant of God

Mr Peter Obi, Presidential Candidate of the Labour Party in the 2023 General  Elections,  has described the Founder of the Living Faith Church, Bishop David Oyedepo, as an exceptional servant of God.

Obi said this in his congratulatory message to Oyedepo who attained age 70  on Friday.

The message was posted on Obi’s X handle by his media aide, Mr Ibrahim Umar.

The former Anambra State governor said that Oyedepo had remained a remarkable figure in faith, a dedicated servant in God’s vineyard, and a leader who exemplified the true purpose of God’s creation.

“Your life continues to be a source of blessing, reflecting dedication, tireless work and commitment to God’s mission.

“Through your ministry, countless lives have been touched, embodying faith, hope and love.

“Outstanding institutions such as Living Faith Church, Covenant University and Kingdom Heritage Model School stand as lasting testimonies to your pursuit of excellence.

“Today, we honour your enduring legacy, your compassionate outreach and your immense contribution to humanity,” Obi said.

He prayed to God to strengthen, guide and bless the cleric more.

“Thank you for being a beacon of God’s grace. Your remarkable journey will inspire generations to embrace faith, integrity and purposeful living.

“May your continued intervention through prayer in the affairs of our country help us to find direction for a new Nigeria,” Obi said.

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