Sunday, December 14, 2025
25.1 C
Lagos

Buhari Renames Comms Ministry to Ministry of Comms & Digital Economy

The President of the Federal Republic of Nigeria Muhammadu Buhari has granted the prayers of the Honourable Minister of Communications, Dr Isa Ali Ibrahim Pantami to properly position and empower the Ministry to fulfill his Digital Economy objectives.

The Ministry which supervises the ICT Sector has been renamed The Federal Ministry of Communications and Digital Economy to further expand its mandate to capture the goals of digitalization of the Nigerian economy in line with the Economic Growth and Recovery Plan (EGRP), one of the key agenda of the present administration.

A statement from the Ministry signed by the Deputy Director, Press and Public Relations, Philomena Oshodin, quotes the Honourable Minister as saying that the former name was not only limiting in pursuing the objectives of a digital economy, but obsolete as it did not reflect the trends as emphasized by the International Telecommunications Union (ITU).

ICT contribution to the country’s Gross Domestic Product (GDP) stood at 13.85% in the second quarter of 2019. The change of nomenclature will propel the Ministry to reposition its strategic objectives as laid out in the priority areas of this administration while accelerating growth and social inclusion.

Dr Pantami cited examples of global and African economies like Scotland, Thailand, Tunisia, Benin Republic and Burkina Faso among others who have adopted deliberate strategies and created Ministries of Digital Economy in line with global best practice, and especially the European Union which has a Commissioner for Digital Economy.

In a letter containing his approval, the President noted that the request is in line with global best practice which will further reflect the priorities of his administration. The approved name has been announced and adopted by the Federal Executive Council on 23rd October, 2019.

spot_img
spot_img
spot_img

Hot this week

FG to Empower Businesses with N1.4tn in 2026 via Tax Reform

Mr. Taiwo Oyedele, Chairman of the Presidential Committee on...

NCC Promises Seamless Quality of Service Despite Challenges in Abuja

The Nigerian Communications Commission (NCC) acknowledges the Quality of...

Stanbic IBTC FUZE Festival Returns with The Ultimate Show on Saturday, Dec 20

Stanbic IBTC, a member of Standard Bank Group, has...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

Topics

Stanbic IBTC Supports Akwa Ibom State in Combating Covid-19

As the need arises for the establishment of additional...

AMCON Takes Over 2 Firms in N3.6bn Debt Saga

Following the order of Hon. Justice B.F.M. Nyako of...

Africa, Middle East Hardware Market Flat in 2O15

A new research report released yesterday by International Data...

Linkage Assurance Reports Insurance Revenue of N16.4bn in Q3 2024

Linkage Assurance Plc has sustained its strong growth trajectory,...

Universal Insurance Targets N10bn Capital, Digitalisation to Drive Growth

L-R: Tope Adaramola, Executive Secretary, NCRIB; Ekeoma Ezeibe, Vice-President, NCRIB; Tunde...

NCC Suspends Spectrum Trading Guidelines 2018

  The Nigerian Communications Commission (NCC) has suspended the Spectrum...
spot_img

Related Articles

Popular Categories

spot_imgspot_img