Friday, November 22, 2024
26.3 C
Lagos

Buhari Renames Comms Ministry to Ministry of Comms & Digital Economy

The President of the Federal Republic of Nigeria Muhammadu Buhari has granted the prayers of the Honourable Minister of Communications, Dr Isa Ali Ibrahim Pantami to properly position and empower the Ministry to fulfill his Digital Economy objectives.

The Ministry which supervises the ICT Sector has been renamed The Federal Ministry of Communications and Digital Economy to further expand its mandate to capture the goals of digitalization of the Nigerian economy in line with the Economic Growth and Recovery Plan (EGRP), one of the key agenda of the present administration.

A statement from the Ministry signed by the Deputy Director, Press and Public Relations, Philomena Oshodin, quotes the Honourable Minister as saying that the former name was not only limiting in pursuing the objectives of a digital economy, but obsolete as it did not reflect the trends as emphasized by the International Telecommunications Union (ITU).

ICT contribution to the country’s Gross Domestic Product (GDP) stood at 13.85% in the second quarter of 2019. The change of nomenclature will propel the Ministry to reposition its strategic objectives as laid out in the priority areas of this administration while accelerating growth and social inclusion.

Dr Pantami cited examples of global and African economies like Scotland, Thailand, Tunisia, Benin Republic and Burkina Faso among others who have adopted deliberate strategies and created Ministries of Digital Economy in line with global best practice, and especially the European Union which has a Commissioner for Digital Economy.

In a letter containing his approval, the President noted that the request is in line with global best practice which will further reflect the priorities of his administration. The approved name has been announced and adopted by the Federal Executive Council on 23rd October, 2019.

spot_img
spot_img
spot_img

Hot this week

NASENI Holds Retreat to Align Goals of its Development Institutes

In order to achieve greater cohesion amongst its Development...

Roland Okoro Unveils AM JOURNAL at WAICA Confab in Accra, Ghana

From Left: Eddie Efekoha, Past President of WAICA; Roland...

Fidelity Bank Earmarks N159m for Customers in GAIM 6 Promo

L – R: Mr. Osita Ede, Divisional Head, Product...

NAICOM: ‘Insurance Sector Facing Challenge of Corporate Governance, Low Compliance Culture’

REMARKS BY THE COMMISSIONER FOR INSURANCE, MR. OLUSEGUN AYO...

Topics

Africa, Middle East Hardware Market Flat in 2O15

A new research report released yesterday by International Data...

Ecobank MySME Growth Series: Expert Canvasses Brand Repositioning for SMEs

The Small and Medium Enterprises (SMEs) in the country...

Market Statistics Monday, 9th January, 2017

Market Cap (N'bn)              ...

SYNLAB, Others Provide Free Medicals to Indigent Nigerians

Synlab, formerly PathCare Laboratories, in partnership with Classic FM...

NCC Chief, Danbatta, to Unveil Compendium, Key Projects Sept 7

Professor Umar Garba Danbatta, Executive Vice-Chairman and Chief Executive...

NNPC Reports Helicopter Incident En-Route NUIMS-ANTAN FPSO

On the 24th of October 2024, about 11:22am, we...

Combating e-Fraud on Telecom Platforms, Building Consumer Confidence in the Digital Economy

By Professor Umar Danbatta EVC/CEO, NCC Being text of the keynote...

NSE Employees Give Back in CSR Initiative

The Nigerian Stock Exchange has announced that its employees...
spot_img

Related Articles

Popular Categories

spot_imgspot_img