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Economic diversification panacea to Nigeria’s economic crisis – Danbatta

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Nasiru Yusuf

The Executive Vice Chairman, Nigerian Communications Commission (NCC), Umar Garba Danbatta, has underscored the centrality of economic diversification and ethical leadership at all levels of government as panacea to the current economic headwinds in Nigeria.

Kano Focus reports that Mr Danbatta stated this when he delivered a paper titled: “Ethical Leadership as an Instrument for National Sustainability in the Post-Oil Nigerian Economy: a Public Sector Perspective” at a  two-day hybrid (online and onsite) Annual Directors Conference (ADC) organized by the Institute of Directors (IoD), Nigeria.

Mr Danbatta emphasized that the fourth industrial revolution (4IR) or digital age promises greater revenue-earning potential to the nation.

Mr Danbatta, said the Federal Government has realized that Nigeria cannot be solely dependent on oil earnings anymore, hence the decision of the FG to explore ways of diversifying the economy.

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Economic diversification, according to Danbatta, is the process of shifting an economy away from a single income source toward multiple sources from a growing range of sectors and markets.

He said this is with a view to increasing productivity, creating jobs and providing the basis for sustained economic growth.

Danbatta said though, the Federal Government has made several attempts at economic diversification, such attempts have had little impact as majority of them have folded up whilst others are finding it difficult to survive.

He noted that the situation has further been compounded by the recent economic recession and the COVID-19 pandemic, which adversely affected the global economy, including Nigeria.

Danbatta stated that countries and societies have evolved by finding new ways of doing things to ensure economic sustainability, which has led to the first, second and third industrial revolutions.

“Currently, countries are exploiting the 4IR in order to diversify their economies.

“The fourth industrial revolution, which has also been referred to as 4IR or Industry 4.0, describes the age of intelligence and encompasses technologies like  high-speed mobile Internet, Artificial Intelligence (AI), automation, the use of big data analytics and cloud computing,” he said.

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Danbatta, also emphasized that the 4IR is the information and digital economy age, which, if properly enhanced and exploited, can unleash a new phase of massive revenue generation and wealth creation for Nigeria in the post-oil era.

“This is because while natural resources such as oil, gas, and so on, are finite, data and information are infinite.

“Furthermore, the possibilities provided by the 4IR are limitless and can generate employment for Nigeria’s teeming youth population Therefore, in order to achieve economic growth using the 4IR there is the need for ethical leadership,” he said.

Zeroing on the centrality of ethical leadership in the public sector, Danbatta said in order to achieve national sustainability in the post-oil Nigerian economy, the highest standard of ethical leadership is required of all leaders especially in the public sector.

“Ethical leadership is essential for sustainable development of a Country.

“Nurturing an ethical leadership culture is essential and this will determine the transformation and overall development of the Country.

“Nigeria stands at the threshold of history and would definitely need ethical leaders to ensure sustainability in the post-oil era as government takes positive steps to diversify the economy,” he added.

The IoD Nigeria Annual Directors’ Conference is the Institute’s flagship event, which is attended by captains of industry and directors in both private and public sectors of the Nigerian economy.

It is a forum where contemporary issues affecting leadership and corporate governance of Nigeria’s businesses are x-rayed and global best practice solutions provided by professionals and practitioners in corporate administrations.

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Just In: Kano closes 10 boarding schools over students abduction

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Kano Female Students

 

Nasiru Yusuf

Kano state government has closed 10 boarding schools over the fear of incessant abduction of school students in some Northern states.

The commissioner of education Muhammad Sanusi Kiru announced this in an audio message sent to journalists on Friday.

He said the closure followed a thorough analysis and assessment of persistent abduction of boarding students during night hours in some Northern states.

This according to commissioner led Kano state government to close ten boarding schools spread across the state.

He said the schools closed include Government Secondary School Ajingi, Government Girls Secondary School Sumaila, Government Girls Secondary School Jogana, Government Girls Secondary School Gezawa and Government Secondary School Kafin Maiyaki.

Others according to Mr Kiru are Maitama Sule Science Secondary School Gaya, Government Girls Unity School Kachako, Government Girls Secondary School Kunchi, Government Unity College Karaye and Government Girls Arabic College Albasu.

Mr Kiru called on parents whose children are in affected schools to go and pick them immediately.

The announcement comes less than 24 hours after the abduction of 317 students of Government Girls Secondary School Jangebe, Zamfara state in the early hours of Friday.

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Danbatta, others endorse book on telecoms law, regulations

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Nasiru Yusuf

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Umar Danbatta was among eminent personalities that have endorsed a new book on Nigeria’ telecommunications industry’s legal and regulatory ecosystem.

Kano Focus reports that the book titled, “Nigerian Telecommunications Law and Regulation”, which is co-authored by Quasim Odunmbaku, a telecoms regulatory professional at the NCC and Rotimi Akapo, a lawyer, who specialises in Telecommunications, Media and Technology (TMT) practice, is written in 18 chapters and over 600 pages.

Nigerian Telecommunications Law and Regulation

Speaking at the virtual public presentation of the book on Thursday, Danbatta, who was the chairman and lead presenter at the event, said that law and regulation are two critical pillars, which influence the speed and impact of innovation in the telecoms sector.

“As important as these two factors are, they typically lag behind technology – it, therefore, behoves on all legal and regulatory practitioners in the sector to keep abreast of developments so that knowledge gaps do not stifle innovation and/or deny consumers of the optimum value,” he said.

Represented by the Executive Commissioner Stakeholder Management at NCC, Adeleke Adwolu, the EVC acknowledged that there is a noticeable paucity of well-researched books and reference materials on the legal and regulatory regime governing the telecommunications and indeed the ICT sector in Nigeria.

“I am, therefore, delighted that the authors of “Nigerian Telecommunications Law and Regulation” have taken up the challenge and have produced a comprehensive reference material which touches on practically every aspect of the subject.”

The official public presentation of the book was done by the Minister of Youth and Sports, Sunday Dare, who, who incidentally was a former ECSM at NCC, and had worked closely with one of the authors. Dare described the book as “a compendium that will greatly enrich the level knowledge needed to enhance telecoms growth.”

Reviewer of the book,  Mohammed Suleh-Yusuf, after an insightful review of the book, said, “The book is highly useful to practitioners and lay readers alike. It serves as a window into what shapes the industry and ensures readers are familiar at surface, to the basic rules and norms that influence the industry.”

Other telecoms stakeholders have overwhelmingly endorsed the book, describing it as a good reference material and comprehensive guide, reference material and source-book on the policy, legal and regulatory framework governing the Nigerian telecommunications sector, which, many stakeholders said, will fill a critical contemporary knowledge gap for legal practitioners, investors and the academia.

According to the Head of Sub-Saharan Africa Operations, Global System for Mobile Communications Association (GSMA), Akinwale Goodluck, “As an industry practitioner, I have thoroughly enjoyed reading the book and recommend it very strongly for everyone with an interest in the Industry. It also provides invaluable insight for other countries in Sub-Saharan Africa to learn from the Nigeria experience.”

Immediate past President, Association of Telecom Companies of Nigeria (ATCON), Olusola Teniola, and incumbent ATCON President, Ike Nnamani, aligned in their views, saying the authors have challenged the industry by putting together an encyclopaedia behind the growth of the Telecommunications industry from the perspective of legal, regulatory, economic, social and technological impacts.

In his comment, Chairman, Association of Licensed Telecoms Operators of Nigeria (ALTON), Gbenga Adebayo, said “the book carefully dissects the policies, rules, regulations and industry best practices which makes the Nigerian telecommunications industry the success story that it is today, despite numerous challenges.”

Other stakeholders, who rated the book very high both in contents and relevance to industry practitioners include Chairman, Section of Business Law, Nigeria Bar Association (NBA), Ayuli Jemide; Director, Legal & Regulatory Affairs/Company Secretary, Airtel Networks Limited, Shola Adeyemi; Principal Partner and Head, ICT Law & Regulation, Sceptre Law, Lagos, Otu Etuk;  Abiola Sanni of the Faculty of Law, University of Lagos, among others.

The stakeholders were in accord that the book, which sets out with great clarity and in the greatest detail the history, current status and how to navigate the policies and regulation of the Nigerian telecommunications sector in the real world, is a must-read for regulators, investors, scholars and industry practitioners.

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KAROTA succumb to Tricyclists’ protest, accepts POS payment

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Nasiru Yusuf

 

The Kano Road Traffic Agency (KAROTA) has succumb to protesting tricyclists and agreed to accept payment of one hundred Naira tax via POS or mobile banking.

Kano Focus reports that the tricyclists have earlier agreed to pay the one hundred Naira tax daily, but protested against making payments via REMITA platform.

The tricyclists requested for cash payment, mobile banking or via POS, a request KAROTA leadership rejected outrightly.

However, at a negotiation facilitated by Kano state leadership of Nigeria Labour Congress (NLC) and Kano Civil Society Forum Ibrahim Waiya, KAROTA agreed to accept payment via POS mobile transfer after initial payment through REMITA.

A copy of the resolutions reached by leadership of tricyclists and Managing Director of KAROTA Bappa Babba Dan’agundi on Tuesday in the presence of NLC chairman Kabiru Ado Minjibir and that of  directed all tricycle operators to call off their protest and resume operation.

The resolutions obtained by Kano Focus reads in part “After extensive and fruitful deliberations which lasted for over two hours. The following resolutions were reached.

“That all tricycle riders in the state are to pay a token of N 100 daily as provided by the Kano state revenue administration law, schedule 2 item 9 congestion charges amendment law 2017.

“That the first payment of N100 should be through REMITA to enable data capture in Kano state Board of Internal Revenue/KAROTA which should be done within two weeks effective from today 23 February, 2021, after which KAROTA will commence enforcement and the server shutdown, so that nobody will access it to enable control.

“That the subsequent payment of N100 daily tax should follow by the tricycle operators which can be done through their Android phones or P. O. S (Point of Sale) with an option of daily, monthly, quarterly or annual payment at the cafe (which is not compulsory).

“That the hire purchase owners will assist the tricycle riders in the provision of additional REMITA points to enable members to make payment with ease.

“That the leadership of organised labour and Kano Civil Society Forum will continue to engage the leadership of tricycle riders/owners association in the state for smooth conduct of their business through public enlightenment, awareness activities and training on professional conduct to ensure peaceful coexistence in the state and hitch business atmosphere.

“That a joint Press briefing should be conducted at KAROTA office and emergency meeting of all units of tricycle association should be summon immediately to enable striking riders go back to their business and suspend the strike.

“That all tricycle riders in the state should write their number boldly at the back of each tricycle for easy identification and security purposes.”

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