Business
NCC Backs Bayelsa’s Drive to Boost Digital Infrastructure
AJAGBE ADEYEMI TESLIM
Sponsored by: H&H
In keeping with its renowned tradition and belief in strategic partnership and collaboration, the Nigerian Communications Commission (NCC) has expressed its readiness to collaborate with the Bayelsa State Government in accelerating telecommunications infrastructure deployment, digital literacy and skills in the State.
The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of NCC, Prof. Umar Danbatta, reiterated this commitment during a courtesy visit by a delegation from Bayelsa State to the Management of NCC in Abuja recently.
Stating the purpose of the visit to the Commission, Bayelsa State’s Commissioner for Communications, Science and Technology, Dr. Promise Ekio Ekio, who led the delegation, said Information and Communications Technology (ICT) sector is one of the critical areas that the state government has identified for priority to accelerate the growth of Micro, Small and Medium Enterprises (MSMEs) in the State in order to bolster employment for the youths of the state and to nudge their interest in digital culture.
Ekio said that while the plan to leverage ICT for socio-economic development of Bayelsa State has been uppermost in the agenda of the state government, several engagements made by the State government with industry stakeholders are yet to receive concrete action, apparent due to lack of robust telecommunications services in the State.
“Therefore, it is our fervent hope that this meeting will be the beginning of a partnership that will blossom in the areas of digital training and rapid ICT infrastructural development, for the benefit of the people of Bayelsa State and other Nigerians living in the State.
We want to assure the Commission of our preparedness to work closely with it to fulfill its mandate in the State as well as actualise the vision of Bayelsa State government to leverage ICT for accelerating development,” Ekio said.
Also, the Bayelsa State Commissioner Communication, Science and Technology, commended the NCC for the good works it is doing in fast-tracking implementation of the digital economy initiatives of the Federal Government by being upbeat in consolidating the gains of the telecommunications sector.
The Commissioner promise that Bayelsa State will also provide necessary incentives to accelerate ICT deployment in the State.
Responding to his guests, Danbatta, who was represented during the meeting by NCC’s Director, Digital Economy, Dr. Augustine Nwaulune, commended Bayelsa State Government for seeking collaboration with NCC to stimulate economic growth through telecommunication services and assured that NCC is a ready and willing partner of Bayelsa State on telecoms and ICT.
While the Commission is willing to partner with state governments and other relevant institutions to ensure universal access and universal services, Danbatta said efforts shall be made collaboratively to ensure that relevant infrastructure needed to delivering ubiquitous telecom services to achieve Bayelsa’s socio-economic goal are prioritized.
Danbatta emphasized the Commission’s recognition of the importance of infrastructure expansion in achieving Federal Government’s vision on digital economy. Citing the Nigerian National Broadband Plan (NNBP) 2020-2025 as one of the initiatives of the Federal Government instituted to bolster infrastructure expansion, Danbatta stated that the implementation of the Plan is essentially driven by NCC.
He promised that NCC will ensure that infrastructure gaps in the telecommunications sector are bridged to accomplish Government’s vision in the context of the National Digital Economy Policy and Strategy 2020-30.
Explicating further, Danbatta stated that, to accelerate broadband infrastructure deployment in the South-South geo-political zone where Bayelsa State is situated, the NCC had licensed Messrs Raeaana Limited, as one of the seven licensed Infrastructure Companies (InfraCos), authorised to cascade fibre to deepen the penetration of broadband services in all nooks and crannies of the country.
“The InfraCo licensees have been given timelines to work in their respective zones of deployment to cascade fibre infrastructure to the rural communities, covering the 774 Local Government Areas (LGAs) to enhance robust telecom service provisioning in the country”, the EVC stated.
Meanwhile, Danbatta has urged the Bayelsa State Government to revisit the Right of Way (RoW) charges imposed by the State and other issues capable of encumbering faster deployment of infrastructure in the State.
“This will boost digital infrastructure rollout in towns and communities in Bayelsa State and environs for effective economic diversification. The digital economy rides on broadband and ICT infrastructure and one of the factors inhibiting access to telecommunication infrastructure is RoW administration by States and other state actors” he said.
Danbatta also emphasised the importance of comprehensive training for the youth in Bayelsa State and equipping them with ICT tools to enable them to thrive in a digital economy.
“On this, the NCC will collaborate with Bayelsa to provide training for the youth as long as the State Government provide necessary tools required to achieve objective outcomes of such capacity building initiatives”, he said.
Business
Access Bank Group, Aig-Imoukhuede Foundation Pledge $300m to Transform Africa’s Economic Landscape
“We can’t wait to be saved; Africans need to solve Africa’s problems. This $300 million commitment reflects this reality’’ – Aig-Imoukhuede
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The Aig-Imoukhuede Foundation and Access Bank Group have pledged $300 million in charitable commitments over the next 20 years. Access Bank has committed $200 million and Aig-Imoukhuede Foundation committed $100 million.
President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday.
This will fund African government initiatives with a proven potential to transform national economic performance.
Speaking about the commitment, Aigboje Aig-Imoukhuede, Chairman, Access Holdings and Co-Founder, Aig-Imoukhuede Foundation, said, “We can’t wait to be saved, Africans need to solve Africa’s problems. This $300 million commitment reflects this reality.”
President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday.
Appropriately, this announcement was made at the Africa CEO Forum 2024 in Kigali, Rwanda, where the theme of this year’s event is ‘At the table or on the menu?’. At the event, CEOs from across the continent joined to discuss how Africa can demand a seat at the global table, rather than continuing to wait to be invited.
The fund will see the creation of an African-led Super NGO in partnership with academics, experts and philanthropists across the globe who are committed to closing the gap between Africa and the rest of the world. The NGO will work with African governments to provide the funding, governance and talent required to successfully execute game changing government reform programs, especially in the delivery of digital public infrastructure.
The development comes at a time when Ajay Banga, President of the World Bank, has warned wealthy countries that it would be short-sighted to “ignore” Africa. This landmark Africa-led initiative could not have been better timed.
Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC and Co-founder, Aig-Imoukhuede Foundation and Ofovwe Aig-Imoukhuede, Co-founder, Aig-Imoukhuede Foundation, on the sidelines of the Africa CEO Forum 2024 in Kigali…Thursday.
“We African leaders cannot sit back and watch the 4th Industrial Revolution transform the rest of the world while leaving Africa falling further behind. We have to create our own ‘table’ by using technology to unlock the power of our youth, giving Africa a greater voice in the world. It’s today’s leaders who will determine whether or not we grab this opportunity,” Aigboje Aig-Imoukhuede continued.
The availability of digital public infrastructure is a proven and cost-effective way for developing nations to break free of the status quo. It provides citizens with access to the same public goods and services available to citizens of advanced nations.
The India Stack has become a shining example of what can be achieved when visionary public and private sector leaders partner for development.
The Access Bank and Aig-Imoukhuede Foundation inspired NGO will make such partnerships a reality and delivering measurable improvements to the lives of Africans across the continent.
Notes to Editor:
For media inquiries, please contact:
communication@aigafrica.org or +234 808 5716 788
mediarelations@accessbankplc.com or +234 803 320 4315
ABOUT THE AIG-IMOUKHUEDE FOUNDATION
The Aig-Imoukhuede Foundation is a public sector-focused philanthropic organisation founded by Aigboje and Ofovwe Aig-Imoukhuede to improve the lives of Africans through transformed public service delivery and increased access to quality primary healthcare. The Aig-Imoukhuede Foundation accomplishes its mission by supporting the reform initiatives of public sector entities, providing financing, technical support, and capacity-building programmes and resources for the public sector workforce. The Foundation also provides funding and strategic support to drive the work of affiliate organisations such as Africa Business Coalition for Health (ABC Health), the Private Sector Health Alliance of Nigeria (PSHAN), the Nigerian Solidarity Support Fund (NSSF) and others.
For more information, please visit www.aigimoukhuedefoundation.org.
Business
AIGBOJE AIG-IMOUKHUEDE APPOINTED PRESIDENT OF FRANCE NIGERIA BUSINESS COUNCIL
AIGBOJE AIG-IMOUKHUEDE APPOINTED PRESIDENT OF FRANCE NIGERIA BUSINESS COUNCIL
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
At the esteemed Choose France Summit 2024, held on Monday, May 13, 2024, Aigboje Aig-Imoukhuede, the Chairman of Access Holdings PLC, was formally appointed as the President of the France Nigeria Business Council (FNBC) by the President of the French Republic, President Emmanuel Macron.
Aigboje Aig-Imoukhuede having a handshake and a tête-à-tête with President Macron at the Council’s meeting with the President, and Gilbert Chagoury looking on.
The France Nigeria Business Council (FNBC) stands as a pivotal coalition of Nigerian private sector business leaders, committed to enhancing bilateral relations between Nigeria and France. Its core objectives revolve around the facilitation of trade, investments, infrastructural development, job creation, and cultural integration between the two nations.
Since its establishment in June 2021 under the auspices of President Emmanuel Macron, the FNBC has diligently utilised its member network to champion investments across key business sectors, fostering cultural understanding and driving economic growth between Nigeria and France. Notably, it has catalysed Nigerian businesses’ ventures into investment opportunities within France.
Comprising 13 distinguished members, the Council boasts prominent figures including Aigboje Aig-Imoukhuede (President), Abdul Samad Rabiu, Gilbert Chagoury, Mike Adenuga, Aliko Dangote, Jim Ovia, Tony Elumelu, and John Coumantaros. Additionally, Kola Karim, Leo Stan Ekeh, Daisy Danjuma, Gbenga Agboola, and Jean Haas serve as integral members, with Jean Haas holding the position of Secretary.
Aig-Imoukhuede’s appointment follows the passing of Herbert Wigwe, the Council’s former President, in February 2024.
Aigboje Aig-Imoukhuede having a handshake and a tête-à-tête with President Macron at the Council’s meeting with the President, and Gilbert Chagoury looking on.
The Choose France Summit is an annual gathering that convenes business magnates, investors, and governmental dignitaries to explore investment prospects within France. The highlight of the Summit was the Presidential Dinner, characterised by high-level engagements and mutual commitments between participating parties.
Business
ACCESS BANK (SL) LTD STRENGTHENS LEADERSHIP TEAM WITH KEY BOARD APPOINTMENTS, NAMES NEW CHAIRMAN
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Access Bank Sierra Leone Ltd (‘Access Bank (SL) Ltd’) has announced the appointment of new executives to its Board of Directors (‘the Board’), further strengthening its leadership team and advancing the implementation of its growth and transformation strategy.
These appointments also reflect the Bank’s commitment to fostering growth and development while maintaining the highest standards of governance and stewardship.
Joining the Board as Non-Executive Directors are Maurice Nathaniel Cole, Nsikak N. Usoro, Michala Mackay, Ibrahim Khalil Lamin, and Kolawole Augustine Ajimoko.
The appointees boast a wealth of expertise from diverse sectors, including banking, telecommunications, corporate governance, compliance, and finance. Their combined experience and vision will contribute to shaping the future trajectory of Access Bank (SL) Ltd.
Cole will serve as Chairman, following the exit of Alice Marie Onomake and will bring his experience to the fore as Access Bank (SL) Ltd works to consolidate its market position and deliver value for all its stakeholders.
“We are thrilled to welcome our new executives to Access Bank (SL) Ltd,” said Ganiyu Sanni, Country Managing Director, Access Bank Sierra Leone Ltd. “Their leadership and vision will be invaluable as we navigate through challenges and pursue sustained success. We extend our gratitude to outgoing Chairman, Alice Marie Onomake, and Non-Executive Director, Aminata B. Dumbuya, for their dedicated service and contributions to the Bank.”
Access Bank (SL) Ltd remains committed to excellence, transparency, and accountability as it embarks on this exciting new chapter. The Bank looks forward to leveraging the collective expertise of its leadership team to drive innovation, foster growth, and create lasting impact for its customers and communities.
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