Saturday, January 17, 2026
28.9 C
Lagos

Business

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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

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

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

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)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Insurance

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

GCR Ratings (GCR) has upgraded NEM Insurance Plc’s national...

Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

The Board and Management of Sovereign Trust Insurance Plc...

Business

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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

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

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

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)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Insurance

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

GCR Ratings (GCR) has upgraded NEM Insurance Plc’s national...

Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

The Board and Management of Sovereign Trust Insurance Plc...

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

State Police and the Questions Nigeria Can No Longer Avoid

By Tosin Osasona Nigeria’s post-1999 democratic era has coincided with...

NESG Hosts 2026 Macroeconomic Outlook, Highlights Growth Prospects, Reform Consolidation

L-R: Mr. Omoboyede Olusanya, Vice Chairman II, Nigerian Economic...

Rand Merchant Bank Nigeria Acts as Lead Issuing House on the N236bn PRESCO Rights Issue

Rand Merchant Bank Nigeria Limited is pleased to announce...

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

Aviation: Five Key Risks That Will Shape 2026

By Marie Owens Thomsen Senior Vice President, Sustainability & Chief...

Topics

Guild Caution Insurers on Patronage of Unregistered Marine Surveyors

L-R: General Secretary, Guild of Marine Surveyors, Festus Nwiue;...

Guinea Insurance Moves to Contain Spread of COVID-19

  Ademola Abidogun MD/CEO Guinea Insurance Plc The spread of COVID-19, commonly referred...

Stanbic IBTC Donates COVID-19 Test Kits to Lagos State Govt

L-R: Bridget Oyefeso-Odusami, Head, Marketing and Communications, Stanbic IBTC...

AfDB, ASEA Sign MoU to Develop Africa’s Capital Market

The African Development Bank (AfDB) and the African Securities...

Capital Market to Unlock $500bn Assets via Commodities Exchanges, Warehouses

The Director General, Securities and Exchange Commission (SEC), Dr....

Seplat: Fabian Ajogwu Exits Board, Decries External Influence

Apparently displeased by the concerted efforts by some forces...

COVID-19: How Nigeria Can Prevent More Deaths!

By Rich Lesser CEO Boston Consulting Group In Nigeria, many adults have...

Adeosun:‘Commitment to Accountability, Transparency Non-Negotiable’

The Minister of Finance, Mrs. Kemi Adeosun has challenged...
Exit mobile version