Wednesday, March 4, 2026
26.1 C
Lagos

Business

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

UAC of Nigeria Plc has announced its unaudited financial...

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

NGX GMD, Temi Popoola, Seeks Collaborative Alignment to Drive Sustainable Capital at IFC Confab

Temi Popoola, Group Managing Director and Chief Executive Officer...

AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

 KEYNOTE SPEECH BY THE CHAIRMAN OF THE NIGERIA EXCHANGE...

Transcorp, DMO, MTN, Dangote Cement, CardinalStone, among Winners at NGX Made of Africa Awards

Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel...

Insurance

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

Sovereign Trust Insurance Spreads Love with Fire Safety Drive

On Valentine's Day, Sovereign Trust Insurance Plc showed its...

Mutual Benefits Begins 2026 with ₦5.9bn January Claims Settlement

Mutual Benefits Assurance Plc, a leading Nigerian insurance company,...

Love That Protects: AIICO Takes Valentine’s Message to the Streets

In a vibrant twist to this year’s Valentine’s Day...

Business

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

UAC of Nigeria Plc has announced its unaudited financial...

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

NGX GMD, Temi Popoola, Seeks Collaborative Alignment to Drive Sustainable Capital at IFC Confab

Temi Popoola, Group Managing Director and Chief Executive Officer...

AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

 KEYNOTE SPEECH BY THE CHAIRMAN OF THE NIGERIA EXCHANGE...

Transcorp, DMO, MTN, Dangote Cement, CardinalStone, among Winners at NGX Made of Africa Awards

Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel...

Insurance

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

Sovereign Trust Insurance Spreads Love with Fire Safety Drive

On Valentine's Day, Sovereign Trust Insurance Plc showed its...

Mutual Benefits Begins 2026 with ₦5.9bn January Claims Settlement

Mutual Benefits Assurance Plc, a leading Nigerian insurance company,...

Love That Protects: AIICO Takes Valentine’s Message to the Streets

In a vibrant twist to this year’s Valentine’s Day...

FOR THE RECORD

Paper Presented by Olusola Teniola, President ATCON at Stakeholders Forum on Local Content Development in the Telecommunication Sector in Nigeria on September 27, 2016 at the Sheraton Hotel, Ikeja, Lagos.

All Protocols duly observed.

I would like to start my presentation by firstly appreciating the Nigerian Communications Commission and the Office for Nigerian Content Development for this rare opportunity to make meaningful contributions toward Local Content Development in the Telecommunications Sector in Nigeria.

About ATCON

The Association of Telecommunications Companies of Nigeria (ATCON) is a professional, non-profit, non-political umbrella organization of telecommunications companies in Nigeria. It is also the premier Association that was formed by technocrats in the telecoms industry to facilitate as well as accelerate the growth and development of the Nigerian Telecommunications Industry and this we have been doing for over two decades.

ATCON was formally inaugurated on December 10, 1993, with a membership profile made up of indigenous and multinational telecommunications companies operating in Nigeria. Membership of the Association has since its inauguration grown to over 100 companies.

The Association holds meetings with government at all levels with the sole aim of influencing government policy in order to create an enabling operating environment for members as well as to protect telecoms/ICT investment in Nigeria.

The Association of Telecommunications Companies of Nigeria (ATCON) considered this initiative strategic and timely and for these two reasons it is happy to identify with the collaboration put together by Nigerian Communications Commission and Office for Nigeria Content Development in ICT to address Local Content Development in the telecommunications and ICT subsector.

Philosophy of Local Content Development in the Telecom and ICT Sector

  1. To correct the imbalance in the international trade balance.
  2. To restructure Nigerian ICT industry with a view to increase Nigeria participation in the value chain.
  3. To stimulate growth and development in the manufacturing of some ICT products and services.

Structure of Nigeria Telecommunications and ICT Sector

It is obvious that the structure of Nigeria Telecommunications and ICT sector is not really beneficial to Nigeria as a country in terms of foreign exchange earnings because most of the inputs in the sector are imported from the developed countries.

If we really want to pursue Nigerian Local Content development vigorously as a nation with the intention of increasing its impact on our revenue we must devise a means of producing those inputs locally.

The liberalization of the sector has attracted some Large investments to the country but the country needs to develop the sector by making it less import dependent and to do this, the then Honourable Minister of Communication Technology, Dr Mrs Omobola Johnson created an office under NITDA called the office of the Nigeria Local Content charged with the responsibility of making the ICT and Telecommunication sector less dependent on importation.

The way forward

  1. Draw a plan to comprehensively develop the ICT sector

ATCON noted that since the inauguration of the Office of the Nigerian Content, there is little or no productive activity to drive the guidelines that were published. ATCON would like NCC and ONC to come up with short and long term plans. This plan would enable the entire ICT ecosystem to know the area where they can invest their ‘investible’ funds.

  1. Speedy implementation of the plan

NCC and ONC should as a matter of urgency implement the plan they have developed to increase the active participation of Nigerian Content in the value chain of telecommunications business in Nigeria.

  1. Creation of Evaluation, Monitoring and Enforcement Unit

The NCC and ONC should establish a joint evaluation, monitoring and enforcement department that would see to the adoption of development of Nigerian Content in the ICT and Telecom ecosystem.

  1. Establishment of ICT Park

NCC and ONC should pool resources together for the establishment of ICT Park. The ICT Park would be given the mandate to encourage the production of some ICT inputs like switches, router, mobile phone repairs/assembly etc

  1. ATCON Programmes for Local Content

ATCON as a patriotic and professional telecoms and ICT Association have the following programmes to accelerate the participation of Nigeria in the telecoms and ICT ecosystem:

  1. Professional Apprenticeship in Telecommunications
  2. Professional Apprenticeship in Telecoms Regulatory Affairs

ATCON would like to use this opportunity to seek the cooperation of both NCC and ONC to organize these two important local content driven programmes.

We are certain and confident that with all these proposed interventions we have shared and solutions being put in place, we can safely say that the ICT sector would contribute more significantly to the nation’s GDP.

Thank you for your attention.

Olusola Teniola, President ATCON.

Hot this week

NCDMB: Remittance of 1% Nigerian Content Levy Still Mandatory

The Nigerian Content Development and Monitoring Board (NCDMB) on...

NCDMB Builds Capacity in Health Sector, Donates Hi-tech Equipment, Simulators to Bayelsa Medical University

A state-of-the-art Clinical Skills and Simulation Laboratory, fully equipped...

NCDMB Holds Lagos Midstream Workshop, Charges Operators on Compliance, New Policies

The Nigerian Content Development and Monitoring Board (NCDMB) has...

Stanbic IBTC Bank Nigeria PMI: New Orders Return to Growth, Inflation Eases to Lowest in Six Years

The Nigerian private sector returned to growth in February,...

Topics

Bellwethers Drive Market Rebound… NSE ASI up 2.4%

The Domestic bourse appreciated yesterday following renewed interest in...

Danbatta Advises Businesses to Adjust with Disruptive Technologies

L-R: John Odeyemi, Chairman, Board of Trustees and past President, Lagos...

Stanbic IBTC Pension Unveils N32m FUZE Talent Hunt Festival

R-L: Executive Director, Investment, Stanbic IBTC Pension Managers Limited,...

Mayweather Vs Pacquiao: The $300m Fight of History

The Most Lucrative Fight Ever-The Greatest? The fight on May 2 between Floyd Mayweather Jr. and Manny Pacquiao is one that boxing fans and writers have sought more than any other in recent years, even though both fighters have passed their respective peaks.

African Alliance to Host NCRIB South-South Area Committee

Joyce Ojemudia Managing Director/CEO African Alliance Insurance Plc African Alliance Insurance Plc...

Vodacom, Smart Lab Partner to Support Business Startups

Leading telecommunication company Vodacom Tanzania Plc and Smart Lab...

Sovereign Trust Insurance Sets Sept 25 Date for 30th AGM

Sovereign Trust Insurance Plc has announced that the company’s...

The Role of Insurance in Aviation Business

Being text of the speech delivered by Mr. Olusegun...
Exit mobile version