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Nigeria’s Telecom Industry: Dr. Maida’s Midas Touch

Under the leadership of Dr. Aminu Maida, the Nigerian telecom industry is undergoing a pivotal transformation that is laying the foundation for a more mature, efficient, and digitally-driven sector. Dr. Maida’s tenure as the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC) marks a shift from rapid infrastructure development to a strategic focus on compliance, governance, and digitalization. His leadership contrasts with that of his predecessor, Professor Umar Garba Danbatta, whose tenure was primarily defined by significant infrastructure expansion, including the successful rollout of the National Broadband Plan and a notable surge in mobile subscriptions.
While Danbatta’s efforts played a crucial role in expanding the telecom landscape, Maida’s approach has been to refine and build on these accomplishments, steering the industry toward a more sustainable and regulated future. A key focus of Dr. Maida’s strategy is improving regulatory frameworks. His push to designate telecom infrastructure as critical national infrastructure and advocate for the reduction of right-of-way fees—previously a significant bottleneck under Danbatta’s tenure—has been widely praised as a forward-thinking move to ease operational challenges.
Under Dr Maida’s leadership, the sector has experienced growth, with its contribution to the nation’s GDP reaching 14.58% by mid-2024 with a slight increase from 14.13% in 2023 under Professor Danbatta. This upward shift highlights the continued expansion of the sector, driven by Maida’s focus on digital transformation and modernizing infrastructure. While both leaders have significantly advanced the telecom industry, Maida’s leadership focus on improving operational efficiency and advancing the digital landscape.
Moreover, Maida has placed a strong emphasis on digitalizing the NCC’s operations. With initiatives such as the License Application Management System, he is working to streamline processes, ensuring greater efficiency in regulatory functions. These steps are expected to enhance transparency, speed up industry approvals, and facilitate smoother interactions between telecom operators and the regulatory body, benefiting consumers and businesses alike.
In a sector marked by inefficiencies, Maida’s leadership also extends to tackling long-standing issues like telecom infrastructure vandalism, which continues to cost the industry billions annually. Unlike previous approaches, Maida’s administration has advocated for increased collaboration among industry stakeholders—regulators, operators, and government agencies—to address these challenges. His push for greater stakeholder engagement presents a fresh avenue for solving the infrastructural damage that has plagued the sector for years.
Looking ahead, Dr. Maida’s strategy seeks to guide the industry through a phase of maturity. The goal is to not just expand but to enhance the quality of telecom services, improve customer satisfaction, and foster an ecosystem that prioritizes both operational efficiency and consumer protection. While Danbatta’s tenure laid a strong foundation for infrastructure growth, it is under Dr. Maida’s leadership that the industry is expected to achieve long-term stability through effective governance and a more collaborative regulatory approach.
Both administrations have made invaluable contributions to the Nigerian telecom sector, but Maida’s tenure seems poised to consolidate these gains, refine existing policies, and position the industry for a future defined by both growth and resilience. His leadership, focused on sustainability and digital innovation, promises to usher in a new era for Nigeria’s telecom landscape, one that balances expansion with operational excellence and consumer welfare.

Beware Of Fraudsters On Contract Awards, CBN Warns Public

CBN-Office-Abuja

The Central Bank of Nigeria (CBN) has alerted members of the public on the activities of fraudsters purporting to be in receipt of award letters of contracts related to construction works and special financial interventions on behalf of the Bank.

In a statement today, November 18, the apex Bank’s spokesperson, Hakama Sidi Ali, said that in line with the focus of its current management, the bank has discontinued direct development interventions and special projects funding.
“We wish to clarify that this is false. These individuals are solely motivated by the desire to defraud unsuspecting Nigerians. Any such assertions are fraudulent and should be disregarded.”
The statement emphasized that CBN has not authorised public notices for such interventions on social media, saying that the bank remained committed to its core mandate of ensuring monetary and price stability, and a sound and efficient financial system in Nigeria.
The statement asked members of the public to remain vigilant and promptly report any suspicious
platforms or any other news outlet, activities or publications to the relevant law enforcement agencies.

Obasajo Not Ideal Leader For Me To Emulate – President Tinubu

President Bola Tinubu has made it clear that there’s no good thing he can emulate from the leadership of the former President Olusegun Obasanjo.
Reacting to what he described as “a recent display of his characteristic self-importance, President Tinubu said Obasanjo “once again took to the public stage to bestow his unsolicited wisdom on leadership and governance in Nigeria.”
In a statement today, November 18, issued by his spokesperson, Bayo Onanuga, Tinubu said: “from his lofty perch, he (Obasanjo) blamed those who served after his tenure for the nation’s myriad challenges.
“Unfortunately, the former leader’s habit of casting aspersions on every subsequent administration has devolved into a recurring pastime, overshadowing the expectation of an elder statesman to join a constructive dialogue on attaining national progress.”
The President said that in his latest critique of the administration of President Muhammadu Buhari, whom he pejoratively called ‘Baba Go Slow’ and President Bola Tinubu, who he tagged ‘Emilokan’, Obasanjo used the platform provided by Chinua Achebe Leadership Forum at Yale University to unfurl his latest treatise on leadership and public morality, adding that he used the forum to write off Nigeria as a failing country.
“The irony of Chief Obasanjo using the platform that celebrates Achebe to sermonise on the ideals of good governance, statecraft, economic management, and corruption should be apparent to discerning minds. When he was alive, Chinua Achebe was a universally acclaimed moral, cultural and literary icon with scant regard for Obasanjo.
“It is on record that Professor Achebe rejected the third highest national honour bestowed on him by the Obasanjo-led administration in 2004 on the grounds of the prevalence of abuse of power, corruption, poor leadership, and, in particular, state-sponsored brigandage endorsed by Chief Obasanjo in Achebe’s home state of Anambra.
“In Anambra, the former president actively supported the abduction of a sitting governor, Dr. Chris Ngige, by non-state actors, led by Chris Uba, a younger brother of Obasanjo’s senior aide.
“In rejecting the 2004 national honour by the Obasanjo administration, Achebe declared: “Nigeria’s condition today under your watch is…too dangerous for silence. I must register my disappointment and protest by declining to accept the high honour awarded me in the 2004 honours list.”
“Brazen illegality and assault on the Constitution of Nigeria reached a disturbing height under the leadership of Chief Obasanjo. During Obasanjo’s era, the unconstitutional impeachment of four governors who belonged to his party occurred. “The governors impeached by minority members of the Houses of Assembly were Joshua Dariye of Plateau, Rashidi Ladoja of Oyo, Ayodele Fayose of Ekiti and Diepreye Alamieyeseigha of Bayelsa. A man under whose watch all of these egregious infractions occurred should certainly not be the one to give any lecture on leadership and corruption.
“He should not be taken seriously as he reeks of profound hypocrisy of the worst form.”
Tinubu noted that Obasanjo has continuously pumped himself up as the economic wizard of Nigeria, but that a reality check showed he was nothing of such.
“He left unresolved many, if not all, of the problems of Nigeria, which he itemised in his lecture.
“He even recently admitted that his government made a mistake by not focussing on gas development, as the Tinubu administration does today. All oil and gas players know that Nigeria has more gas than oil. The only positive of the Obasanjo era was fiscal and monetary policy management buoyed by a consistent rise in crude oil prices throughout his eight-year tenure.
“This rise in crude oil prices started in 2000 and peaked in 2013 when it reached over 100 dollars per barrel before a decline in 2014, which set the oil-dependent economy downward. “The current economic crisis the All Progressives Congress administrations have been battling since 2015 is the product of the poor choices in economic management made by Obasanjo and the two successors from his party. Obasanjo prides his government on paying the $15 billion debt owed to the Paris Club. Still, it was not a wise decision as it was done when the country’s critical economic infrastructure across sectors was in shambles.
“While oil receipts brought money into the country, Obasanjo failed to fix the deplorable federal roads or expand the national road network. He did not repair the Lagos-Ibadan expressway, the Lagos-Abeokuta road leading to his hometown in Abeokuta, the Otta-Idiroko road, and many others.
“His administration also should have paid more serious attention to universities and polytechnics. In a joint vote of no confidence in our tertiary institutions, Obasanjo and his deputy, Atiku Abubakar, sought to profit from their weaknesses by establishing their private universities. As a sitting President, Chief Obasanjo abused his office to advance personal interest against the spirit and letters of our constitution when he corralled leading businessmen, women and government contractors to donate billions of naira for his Olusegun Obasanjo Presidential Library and Resorts in Abeokuta and his Bell University in Otta.
“After wasting billions of naira on a failed third-term project in 2007, Chief Obasanjo hurriedly organised a sham electoral process that would go down in history as the most fraudulent election held in Nigeria since 1960. “The beneficiary of the sham election, Umaru Yar’adua, admitted that the election was seriously flawed and, as Justice Muhammed Uwais’s panel recommended, worked towards electoral reforms. It is hypocrisy writ large when a man who presided over the worst election in Nigeria demands the sack of the leadership of the Independent National Electoral Commission.
“For eight years, the Obasanjo administration made no significant investment in security by modernising the Armed Forces. He did not redesign the national security architecture or change the military doctrine. The most critical investment in our armed forces, especially the military, since the administration of President Shehu Shagari in 1980 was made by the APC-led administration of President Buhari from 2015-2023. When President Buhari assumed office in 2015, the Air Force had fewer than three serviceable fighter jets, and the Navy barely had one serviceable vessel. Within eight years, President Buhari acquired over 40 new fighter jets of different capabilities, including 12 Tucano jets.
“He also acquired naval ships to strengthen the Navy. The APC administration of Buhari developed the air wings of the Army and Navy and changed the entire Armed Forces into one of the most potent fighting forces in the world.”
President Tinubu said that he has continued to sustain the same support and funding to the military and other security agencies, adding that it is the reason the country is winning in the multi-pronged fight against Boko Haram terrorists, bandits, kidnappers, and other perpetrators of violent crimes.
“In the last year, over 400 terror and bandit kingpins have been eliminated, and thousands of Nigerians have been freed from their abductors. The insecurity that engulfed Nigeria started under the Obasanjo administration with militancy and kidnapping of expatriate oil workers in the Niger Delta, which later became a festering wound from which the nation has not recovered.
“Boko Haram, which became a violent movement in 2009, began its build-up under Obasanjo’s regime.
“On matters of integrity, honesty, and morality in public leadership, Chief Obasanjo is certainly not a paragon of virtue for anyone to model after. Nigerians can still remember the messy public spat between Chief Obasanjo and his then-vice president, Atiku Abubakar, over PTDF money that led to a Senate Public Hearing in 2004. The sordid details of the public hearing included unsettling evidence of how Obasanjo instructed his Vice President to buy Sport Utility Vehicles for his mistresses with PTDF funds. There was also the Halliburton bribe scandal, which the US Congress probe revealed. Bribe payments were made to the highest political authorities at the Villa while Obasanjo was in charge.
“Nigerians will also remember how the Obasanjo administration invested $16 billion on electricity, which left the country in utter darkness. The colossal amount spent on power was so embarrassing that President Umaru Musa Yar’Adua, Obasanjo’s successor, ordered a probe. Similarly, Obasanjo’s privatisation programme was scandalous. It did not deliver real value for the country.
“His administration cheaply sold national assets to cronies who stripped the assets of the state-owned enterprises.
“A case in point was the aluminium smelter company ALSCON in Ikot-Abasi, Akwa-Ibom State, built by the military government at the princely sum of $ 3.2 billion.
“It was sold for 130 million dollars. Obasanjo also sank money into Turn Around Maintenance of our refineries, which never worked, leading to the massive importation of refined petroleum products.
“Such was the miasma of corruption under Obasanjo that the former governor of Abia, Orji Uzor Kalu, his party member, petitioned the EFCC, accusing Obasanjo of gross abuse of office.
“If Chief Obasanjo had addressed the many problems he critiqued in his poorly written Yale lecture when he ruled Nigeria for eight years, President Buhari and President Tinubu would have had a much lighter burden of fixing the country.”
Tinubu said that while his administration is diligently working to overcome the country’s economic challenges, it would be better and more advisable for former President Obasanjo to temper his self-righteousness in his public discussions regarding our nation’s temporary difficulties. Instead, his remaining years would be better spent reflecting on the missed opportunities during his own time in leadership, both as military head of state and civilian president.

Your Re-election Is Challenge To Do More For Ondo People, Kogi Gov, Ododo Reminds Ayiedatiwa

Kogi State Governor, Ahmed Usman Ododo has reminded the re-elected Governor of Ondo State on the platform of the ruling All Progressives Congress (APC), Lucky Aiyedatiwa that his re-election,is a challenge for him to do more for the people of the State.
In a message by his spokesperson, Ismail Isah congratulating Ayiedatiwa, Governor Ododo described the victory of Aiyedatiwa and the APC as the result of hard work and strategic planning by the leadership and members of the party who were determined to ensure the APC retains power in Ondo state.
The Kogi State Governor, who served as the deputy chairman of the committee on election management and strategy in the Ondo State Governorship Campaign Council, expressed optimism that the administration of Governor Aiyedatiwa will continue the development trajectory in the state.
“We have known Governor Aiyedatiwa. He has been tested and can be trusted to continue the good work of the APC administration in Ondo state.
“We have no doubt that he will build on existing infrastructure development, social welfare and security of lives and property across the state.
“We are confident that he will succeed with this new mandate which is a further boost to the popularity and acceptance of the APC in Ondo state.”
Governor Ododo commended the people of the state, especially the non-indigenous communities for their peaceful conduct before, during and after the election, saying that the support of the people would not gone unnoticed.
He called on the people of Ondo state to support Governor Aiyedatiwa as he is set to begin his full term from February 2025.
Governor Aiyedatiwa was declared winner of the November 16, 2024 Ondo State Governorship poll, having scored 366, 781 votes to defeat his closest challenger, Agboola Ajayi of the People’s Democratic Party (PDP) who scored 117, 845 votes.

INEC Declares Aiyedatiwa Winner Of Ondo Governorship Election

THE Independent National Electoral Commission (INEC), has declared Governor Lucky Aiyedatiwa of the All Progressives Congress (APC), as the winner of the Saturday’s governorship election in Ondo State.
Aiyedatiwa was declared winner after securing a total of 366781 of votes in the election.
Announcing the result in Akure, the state capital, INEC’s Returning Officer and Vice Chancellor of Federal University, Lokoja, Professor Akinwumi Olayemi Durotimi, said that his closest rival, Ajayi Agboola of the Peoples Democratic Party (PDP), got 117845 while Olorunfemi Festus of the Labour Party (LP) had 1162 votes.

Cost Of 2025 Pilgrimage For Each Muslim May Rise To N10 Million

hajj 

Muslims intending to perform pilgrimage in Saudi Arabia in 2025 may pay as much as N10 million each. This is coming in the wake of rising foreign exchange and other factors.
Less than a decade ago, pilgrimage to Saudi Arabia was less than N500,000.
Already, most of the state pilgrims welfare agencies across the country have asked intending pilgrims to deposit between N8.4 million and N9 million before the end of December this year.
Though the Kaduna State Pilgrims Welfare Agency asked each intending pilgrim to deposit the sum of N8.4 million but reduced it to N4.5 million.
The Director of Operations of the Agency, Abubakar Usman Yusuf, speaking at the commencement of the registration of the pilgrims said that due to the unique nature of farmers, the Agency would collect N4.5 million as a deposit while the balance should be paid after harvesting their crops and within the stipulated time limit.
This came as the Public Relations Officer of the Agency, Yunusa Mohammed Abdullahi stressed the importance of adherence to registration guidelines by intending pilgrims from the twenty-three local governments.
He said that intending pilgrims should pay a minimum deposit of N8.4 million but are required to make it N8.5 million before 31 December 2024.

Katsina Gov. Offers Automatic Job To First Class Graduate Selling Sachet Water For Survival

Governor Dikko Umar Radda of Katsina State has offered automatic job to a First Class graduate of Umaru Musa Yar’adua University, Sham’unu Ishaq, found to be selling sachet water for survival.
Chief Press Secretary to the Governor, Malam Ibrahim Kaula, in a statement today, said that investigation had confirmed that Ishaq actually graduated with First Class honors in B.Sc (Ed.) Education/Biology during the 2021/2022 academic session.
“Ishaq, who completed his National Youth Service Corps (NYSC) programme in Taraba State, had resorted to selling pure water to meet personal and family obligations.
“Academic excellence should be rewarded, not relegated to the streets.”
Kaula said that the governor has shown consistent drive to reward academic excellence and promote quality education in Katsina State.
According to him, on October 12, 2024, the governor offered similar automatic employment to nine outstanding graduates of Isah Kaita College of Education, Dutsinma.
“Additionally, the governor offered another direct employment to nine First Class Graduates from Umaru Musa Yar’adua University during the 9th/13th combined convocation held on May 26, 2024.
“Our administration recognises that the future of Katsina State lies in harnessing the potential of our brightest minds.”

Bobrisky Attributes His Recent Ordeals To Winning N1 Million As Best Dressed Female, Says “I’ll Run If…”

“My problem started from when I collected best dressed female with ₦1 million prize. For my life, if I see award for best dressed female (again) I go disappear from that location asap.”

This was the conclusion made by Nigerian crossdresser, Idris Okuneye, popularly known as Bobrisky.
In a post on Instagram, Bobrisky emphasised that the award he received during the premiere of Eniola Ajao’s film signaled the onset of his recent ordeals.
The award was presented at the movie premiere, where Bobrisky was acknowledged for his exceptional fashion choices.
Subsequent to receiving the award, Bobrisky encountered a series of challenges, including arrest and various allegations, all of which he refutes.
“My problem started from when I collected best dressed female with ₦1 million prize.

“Everyone knows the truth that I’m a baddie with class, you wanna compete with me? Ur mummy never!!!! But when problem wan too much make I run.”

Marriage Is Sweet, I Will Still Give It Another Trial, Toke Makinwa Opens Up

Nigerian media personality and actress, Toke Makinwa has described marriage as sweet, to which she will give another chance.
Speaking on a podcast hosted by British-Nigerian presenter Madame Joyce, the actress, who just turned 40, said that marriage is a “beautiful institution,” admitting that it comes with its fair share of challenges.
Reflecting on her past, Toke Makinwa openly discussed her first marriage to businessman, Maje Ayida in 2014, which ended in 2017 amidst public controversies.
She said: “People always think I hate men or a feminist who bashes men. I have been married before and marriage is one of the most beautiful institutions.
“I see marriage like the relationship between siblings. If your siblings come to visit, the first couple of days are exciting. You guys wear matching pyjamas, sleep in the same bed, and catch up on all the lost years or lost moments. By the third day, it’s like, ‘Close my f*cking door. Who wore my shoes? Where are my earrings? Please, when are you going back to your house? Please, I am tired.’ And that was how I saw it.
“There were days when I would rush home to tell my ex-husband everything I had been through. And there were days when I woke up in the morning, I said, ‘God, you must hate me for me to marry this idiot. This is not life; this must be hell.’ That was how I saw it. And it didn’t work out many years ago. But I still fancy the institution. I do want to get married again.
“It hasn’t happened yet. I’m not ruling it out. I am just taking my time. Maybe it’s not God’s time yet. Whenever he is ready, I just hope I am not wrinkled.”

IMF Advises President Tinubu To Rethink Approach To Economic Reforms

The International Monetary Fund (IMF) has raised concerns about the effectiveness of Nigeria’s ongoing economic reforms under President Bola Tinubu.
In its latest report on the economic outlook for sub-Saharan Africa, the IMF advised President Tinubu to rethink his approach to the ongoing reforms, recommending improvement in communication, offering of what it called “compensatory measures” to ease the impact of reforms, and designing of policies that would address public concerns.
“This will require greater attention to communication and engagement strategies, reform design, compensatory measures, and rebuilding trust in public institutions,” the report advised.
IMF is not happy with the achievements of the reforms after President Tinubu’s 18 months in office.
The IMF, presented yesterday, November 15 at the Lagos Business School by Catherine Patillo, IMF Deputy Director, highlighted successes in countries such as Côte d’Ivoire, Ghana, and Zambia, but Nigeria was conspicuously absent from the list of nations demonstrating positive outcomes from reform efforts.
The report projected an average economic growth rate of 3.6% for sub-Saharan Africa in 2024, even as Nigeria’s growth rate is expected to lag at 3.19%, placing the country below the regional average.
The IMF noted that while many African nations are reducing macroeconomic imbalances, Nigeria remains an outlier in its struggle to stabilize its economy.
Inflation remains a pressing issue in Nigeria. Although there was a brief slowdown in July and August, inflation resumed its climb in September and October, reaching 33.8%. This figure is far above the 21% target set for 2024, and analysts expect further increases before the year ends.
The IMF described Nigeria’s exchange rate instability as a significant challenge, adding that this is unlike other nations in the region that have reduced foreign exchange pressures.
Another major issue highlighted in the report is Nigeria’s heavy debt servicing burden.
The IMF said that Nigeria, alongside Angola, Ghana, and Zambia, spends an alarming 15% of total revenue on interest payments. This high level of debt servicing limits the country’s ability to invest in critical areas such as infrastructure and social programs.

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