Thursday, December 4, 2025
26.7 C
Lagos

Business

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...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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

LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

The Lagos State Signage and Advertisement Agency (LASAA) has...

Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

As Nigeria’s media environment continues to evolve, brand sentiment has emerged...

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

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

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

NGX T+2 Settlement Cycle ‘Goes Live’ Event

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

FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance...

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

Nigeria's equities market closed last week ending November 7...

NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

Nigerian Exchange Limited (NGX) has reaffirmed its leadership in...

Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

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

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

Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

Sovereign Trust Insurance Plc notifies its shareholders and the...

Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

The insurance community in Nigeria is poised to upscale...

Business

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...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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

LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

The Lagos State Signage and Advertisement Agency (LASAA) has...

Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

As Nigeria’s media environment continues to evolve, brand sentiment has emerged...

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

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

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

NGX T+2 Settlement Cycle ‘Goes Live’ Event

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

FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance...

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

Nigeria's equities market closed last week ending November 7...

NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

Nigerian Exchange Limited (NGX) has reaffirmed its leadership in...

Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

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

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

Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

Sovereign Trust Insurance Plc notifies its shareholders and the...

Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

The insurance community in Nigeria is poised to upscale...

Pantami Directs NCC to Implement Executive Orders 003, 005 in Telecom Contracts

The Honourable Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami has mandated the Nigerian Communications Commission (NCC), to adhere strictly to the provisions of the Executive Orders 003 and 005 as contained in the Presidential directives of 1st May 2017 and 12th February 2018 respectively, in awarding contracts in the sector.

The Minister’s latest directive came as a response to issues raised by stakeholders drawing his attention to the non-compliance of the sector regulator with the policy, as a result of which indigenous companies in the sector have continued to be sidelined.

The Executive Orders 003 of 2017 and 005 of 2018 were specifically enacted to give impetus to the Local Content Development and Promotion drive of President Muhammadu Buhari’s administration as the Telecommunications sub-sector is one of the most important.

Executive Order 003, which is aimed at support for Local Content in public procurement by the Federal Government of Nigeria, expressly states that, all Ministries, Departments and Agencies (MDAs) shall grant preference to local manufacturers of goods and service providers, in their procurement of goods and services.

Executive Order 005 which was signed by President Muhammadu Buhari on 12th February 2018, however, is even more specifically directed at the sector. The document  titled Planning and Execution of Projects and Promotion of Nigerian Content in Contracts of Science, Engineering and Technology, directs all MDAs to engage indigenous professionals in the planning , design and execution of national security projects and maximize in-country capacity in all contracts and transactions with Science, Technology and Engineering components.

Dr Isa Ali Ibrahim Pantami Hon. Minister of Communications and Digital Economy
Dr Isa Ali Ibrahim Pantami
Hon. Minister of Communications and Digital Economy

“In light of this, it is our obligation to entrench the rule of law and ensure as much as possible, National Security Infrastructure and information, is domiciled locally with local companies as a first choice, and indigenous innovation is developed by adhering to the tenets of the Executive Orders outlined above,” the statement signed by the Minister’s spokesperson, Mrs. Uwa Suleiman, said.

The statement adds: “The Honourable Minister of Communications and Digital Economy, in line with the Economic Recovery and Growth Plan (ERGP) Policy of President Muhammadu Buhari and the Ministry’s mandate, has directed the sector regulator NCC, to immediately:

  • Review the Telecommunications sub-sector activities and give top priority and preference to Nigerian companies, with the requisite skills and qualifications;
  • Provide an enabling environment for local capacity to develop through collaborations with foreign companies, in the event that the contract is awarded to a foreign company, where indigenous capacity is lacking; and
  • Ensure that patronage of Indigenous Content as outlined in the Executive Orders are complied with in the sub-sector.”

It further said that the Honourable Minister of Communications and Digital Economy, is confident that the leadership of NCC will rise to the occasion and expedite action on this matter a month from the date of issue of the directive.

Pantami assures all Nigerians of his commitment to the protection of the rights of all citizens and the delivery of our mandate.

Hot this week

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

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

Emirates Gets African Travel Gold Award as Nigeria Launches “Culture Meter Index”

Paulos Legesse, Emirates Nigeria Country Manager welcoming welcoming the...

Fidelity Bank Receives Customs Service Award for Pioneering Role in UCMS Implementation

L – R: Head, Central Collections Unit, Olaide Adeyemo;...

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

Topics

Japan Designates City of Kisarazu as Hometown for Nigerians

Mrs. Florence Akinyemi Adeseke, Nigeria’s charge d’affaires and Yoshikuni...

NCDMB, Coppercrux Engage South-South Youths on CNG Technologies, Opportunities in Value Chains

The Nigerian Content Development and Monitoring Board (NCDMB), in...

CBN: New Naira Notes Ready by December 15, 2022

Press Remarks by CBN Governor, Godwin Emefiele on Issuance...

How Not to Mismanage the Reputation of a Good Brand

It is a lunch time menu for communications, PR,...

RSIPA Forum Seeks Single Tax Window, Partnerships to Drive Growth in Rivers State

Dr. Chamberlain Peterside, Director-General, Rivers State Investment Promotion Agency...

GCR Affirms Leadway Assurance’s AA+NG Financial Strength

Leadway Assurance Company Limited's solid financial position as an...

Kachikwu Removed as NNPC GMD, Remains Minister

Dr. Ibe Kachikwu has been removed as Group Managing...

PenCom Targets N22tn Pension Contributions by End 2024

The National Pension Commission (PenCom) says it expects pension...
Exit mobile version