Economy
Vandalism, right of way charges impede digital sector growth – Buhari
The President, Major General Muhammadu Buhari (retd.) has identified high right of way charges and vandalism as the factors impeding growth in the digital economy sector.
Buhari added that the FG has worked to pegged right of way charges to a maximum of N145/linear metre.
The president disclosed this on Friday in a meeting with the board of MTN Group led by its President and Chief Executive Officer, Ralph Mupita, at the State House, Abuja.
Buhari said, “We have identified and addressed the key challenges that affected the growth of the digital economy sector. One of such challenges was the high Right of Way costs and another was the vandalisation of critical national infrastructure.
“I am happy to note that the Right of Way charges have now been pegged at a maximum of N145/linear metre and I have given directives for the protection of Critical National Infrastructure and this has addressed the issue of vandalisation of such infrastructure. Service providers should always appreciate the effort of government and not undermine it,” he said.
Buhari added that the FG was implementing a number of policies and programmes to ensure that institutions like MTN had a conducive environment for doing business in Nigeria, citing the country’s massive jump in the Global Ease of Doing Business Ranking.
He also urged MTN to continue supporting the FG’s efforts by expanding high quality connectivity to Nigerians in unserved and underserved areas.
“I recently unveiled and launched the National Policy for the Promotion of Indigenous Content in the Nigerian Telecommunications Sector. I call on MTN to support the implementation of this Policy and train and engage more Nigerians in your company,” he said.
-
News18 hours ago
Enugu govt plans befitting burial for Mr Ibu, Junior Pope
-
News19 hours ago
Kano police arrest suspects for disrupting inauguration of new commissioners
-
News22 hours ago
Why Bobrisky is not in Kirikiri prison – NCoS official
-
Politics17 hours ago
Zamfara bans officials from radio, TV interviews
-
News16 hours ago
Kastina police foil attack, neutralize suspected bandit
-
News23 hours ago
NSA laments booming illegal firearms market in North
-
Politics22 hours ago
FG places ex-Kogi gov. Yahaya Bello on watchlist
-
News13 hours ago
Kenneth Okonkwo knocks CBN’s forex management amid economic struggles