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.

Hot this week

Leadway Sustains Support to Nigeria’s Creative Economy with 4th Consecutive Sponsorship of Lagos Leather Fair

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Insurance Meets Tech (IMT) Unveils 5th Edition for September 18, 2026

West Africa's leading insurance and technology conference, Insurance Meets...

Shell Appoints Elohor Aiboni as Executive VP, Country Chair Nigeria

Elohor Aiboni The incoming Executive Vice-President and Country Chair Shell Companies...

Heirs Insurance Group Extends Rewards Programme to Corporate Clients, Unlocking Lifestyle, Wellness Benefits for Employees

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

Stanbic IBTC Pioneers Digital Supply Chain Financing in Nigeria through CycleFlow Partnership

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

Topics

Flutterwave Re-brands, Looks Beyond Payments

Flutterwave, the leading technology company, has unveiled a significant...

NEXIM, Made-in-Nigeria Project Partner on Economic Growth

The Nigerian Export-Import Bank (NEXIM) recently hosted a delegation...

Leadway Advocates for the Next Generation of Female Tech Talent

Leadway Group has reaffirmed its commitment to fostering inclusion,...

The N200bn ICT Bank, Strategies to Rescue Nigerian Telecom Sector 

By Elvis Eromosele The Nigerian telecommunications sector must have nine...

Danbatta Receives APPON Award, Assures of Broadband Support for e-Procurement

L-R: Prof Umar Garba Danbatta, Executive Vice Chairman/Chief Executive Officer,...

Court Restrains NAICOM over Guinea Insurance

A Federal High Court sitting in Abuja has restrained...

Transcorp Power Grows Topline by 57.03%, Profit by 75%-Declares Dividend of N3.13

  Mr. Peter Ikenga Managing Director/CEO Transcorp Power Plc Transcorp Power Plc, one...

NSE Opens Entries for 2018 Essay Competition to Promote Financial Literacy

In line with its commitment to ‘building a financially...