Saturday, November 29, 2025
27.2 C
Lagos

NITDA Saves N3bn for FG via IT Process

The National Information Technology Development Agency (NITDA) has saved the Federal Government the sum of N3 billion on a single cleared IT Project of an Agency through its commitment as the government’s clearinghouse for all IT procurement and services in the public sector.

Amid growing concerns about the mismanagement of huge investment of public funds on IT Projects in MDAs, NITDA has offered a glimmer of hope that the Federal Government shall be getting a handle on wasteful and duplicative IT procurement and services in MDAs.

As an unbiased watchdog of government, the Director General has ensured that there is transparency, accountability, efficiency and effectiveness in the process of obtaining clearance from NITDA targeted at extracting maximum value from MDAs’ investments on IT projects.

President Muhammadu Buhari, GCFR, has called for strict compliance to the IT Project’s Clearance  directive by all government establishments to ensure that governments ICT procurements are transparent, align  with government’s IT  shared  vision and policy, save costs through promotion of shared services, avoid duplication, ensure interoperability of IT systems and improve efficiency across government, enforce the patronage of indigenous companies where capacity exist thus fostering digital economy through effective regulation and local content development as well as uphold the highest standards for service delivery.

The President made this declaration at the opening ceremony of this year’s e-Nigeria International Conference and Exhibition held from Tuesday 7th to Thursday 9th November, 2017. He also used the event to commend the Agency’s efforts at enforcing Federal Government’s directive on ensuring that all ICT projects are cleared before they are implemented.

The National Information Technology Development Agency (NITDA) is an Agency under the Federal Ministry of Communications. The Agency was created in April 2001 to implement the Nigerian Information Technology Policy and coordinate general IT development and regulation in the country. Specifically, Section 6(a & c) of the Act mandates NITDA to create a framework for the planning, research, development, standardization, application, coordination, monitoring, evaluation and regulation of Information Technology practices, activities and systems in Nigeria; and render advisory services in all information technology matters to the public and private sectors.

spot_img
spot_img
spot_img

Hot this week

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

Dangote Contracts Honeywell for Major Refinery Capacity Upgrade to 1.4m BPD

Dangote Group is pleased to announce that it has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

NNPC Declares ₦5.4tn Profit After Tax

NNPC Limited has announced its financial performance for the...

Stanbic IBTC Unveils Digital Lending Suite to Enhance Access to Credit

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

Topics

NCC to Partner ATCON on National Digital Infrastructure Development

KEYNOTE ADDRESS BY DR. AMINU MAIDA, EXECUTIVE VICE-CHAIRMAN OF...

FOR THE RECORD

A PAPER ON THE PROPOSED COMMUNICATIONS SERVICES TAX BILL...

Emirates Flies the World’s Tallest Height to put Dubai 2020 Expo on Top

Keeping with Dubai’s ‘nothing is impossible’ spirit, Emirates is soaring...

UBA Delivers N538bn PAT, Robust Balance Sheet in Q3 2025

Following its recently released half-year financials, Africa’s Global Bank...

INEC: Anambra Gov Election on Course as 81, 778 PVCs Ready for Collection

The Independent National Electoral Commission (INEC) met on Tuesday,...

Market Statistics Tuesday, 26th September 2017

Market Cap (N'bn)              12,048.5 Market...

Orange Completes Acquisition of Airtel in Sierra Leone

Orange announced yesterday that, together with its Senegal-based partner,...

Sovereign Trust Insurance Reaches Final of NCRIB Tennis Tournament

L-R: Adepoju Aderounmu, Manager, Banking Operations, Sovereign Trust Insurance...
spot_img

Related Articles

Popular Categories

spot_imgspot_img