Friday, May 29, 2026
32.7 C
Lagos

Danbatta: Telecom Sector is Key to Digital Economy

Professor Umar Danbatta, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC) says the telecom industry is the most critical stakeholder in the development of a credible national database in the digital economy ecosystem.
Danbatta said at the ALTON 2021 Webinar that 37 percent of the NIN enrolment achieved in eight years was accompanied by leveraging the telecommunications sector in Nigeria.
“It is our target to achieve 65percent NIN penetration in coming months to unlock the economic potential of the digital economy. NIN penetration now is 29.7 percent of the population with the deployment of the Android Enrolment Solution by the National Identity Management Commission (NIMC).”
The NCC Chief said the NIN-SIM database has grown to 63 million as at August 2021 while the subscriber base has equally climbed to 187 million.
“The NIN Policy for SIM Registration is perhaps the most effective driver of NIN enrolment and the development of a credible digital identity database. The Commission as the telecommunications regulator will continue to guide and support the industry by providing the necessary regulatory framework to ensure growth of the digital identity and digital economy ecosystem.”
The theme of the webinar was: Citizens Identity Management in a Digital Economy: The Role Telecommunication Service Providers.

spot_img
spot_img
spot_img
spot_img

Hot this week

Mutual Benefits Delivers Strong 2025 Financial Performance, Record Profit Growth, Balance Sheet Expansion

Mutual Benefits Assurance Plc has announced its audited financial...

Heirs Insurance Group Opens Entry for 5th Essay Championship with ₦11.5m Prizes for Students, Teachers, Schools

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has opened...

NGX Seeks Cross-Listing Opportunities with Nairobi Securities Exchange

Alhaji (Dr) Umaru Kwairanga, Group Chairman, Nigerian Exchange Group...

NAICOM Issues First Insurtech Licence, Reinforcing Commitment to Innovation, Market Integrity

L-R: Mr. Suleiman Olalekan Ajani, MD/CEO, CBI Insurtech and...

NDIC Reiterates Commitment to Strong Deposit Insurance Funding to Enhance Financial System Stability

L – R: Executive Director, Corporate Services, Nigeria Deposit...

Topics

UBA Reaps $150m Line of Credit from ADB

The Board of Directors of the African Development Bank...

AGF: Why We Discontinued Legal Action Against Fidelity Bank CEO

The attention of the Office of the Attorney General...

Lagos, Anambra, Delta Lead as 19 States Adopt Health Insurance Scheme

  Tunde Hassan-Odukale Managing Director/CEO Leadway Assurance Company Limited No fewer than 19...

Leadway Holdings Champions Festive Safety with the ‘December On-Lock Campaign’

Leadway Holdings, one of Nigeria's leading non-banking financial services...

NDIC CEO, Bello Hassan at 15th Islamic Finance Summit in Saudi Arabia

Dr. Ibrahim Alghofaily, MD, Arriyada Centre, Jeddah (Left) in...

Africa Tax Symposium Set for Uganda May 4

The Africa Tax Symposium is an annual authoritative event,...

Recovering N5tr AMCON Debt, Judiciary Most Critical – Justice Kafarati

The Chief Judge of the Federal High Court, Hon....
spot_img

Related Articles

Popular Categories

spot_imgspot_img