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NCC Issues Final Letters of Licence Awards to 5G Spectrum Winners

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AJAGBE ADEYEMI TESLIM

Sponsored by: H&H

The Nigerian Communications Commission (NCC) has confirmed issuance of the final letters of award of the Fifth Generation (5G) Spectrum Licences to MTN and Mafab Communications, winners of the 3.5GHz spectrum auction conducted by the Commission on Monday, December 13, 2021.

Management of the Commission led by its Executive Vice Chairman (EVC) Prof. Umar Garba Danbatta confirmed this to the Board of Commissioners at the Board’s Special Meeting, which took place on Wednesday, April 20 and Thursday, April 21, 2022, where the Board considered updates from Management on the status of the spectrum auction.

With the issuance of the final letters of awards of 5G spectrum and in line with the Auction’s Information Memorandum (IM), the two licensees are now expected to accelerate deployment of 5G network that will usher Nigeria into a more robust Fourth Industrial Revolution (4IR) and a more digitised Nigerian economy.

In line with the terms and conditions of the 5G license, the licensees are expected to commence roll out 5G services effective from August 24, 2022.

The 5G network, when deployed, will bring a lot of benefits and opportunities that will engender accelerated growth and smart living in the country. The  technology is also expected to bring substantial network improvements, including higher connection speed, mobility and capacity, as well as low-latency capabilities.

Following a transparent, diligent, fair and credible auction of 3.5GHz on December 13, 2021, the National Frequency Managenent Council (NFMC), chaired by the Honourable Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, had on February 22, 2022, officially handed over the spectrum allocation for 5G deployment as well as Federal Government-approved National Policy on 5G to the Commission.

Subsequently, the Commission, on February 24, 2022, confirmed the full payment of $273.6 million each by the two spectrum winners, in addition to spectrum assignment fee paid by MTN, for the 5G spectrum licence.

The Commission is optimistic that effective implementation of the National Policy on 5G will accelerate the actualisation of the national targets in the Nigerian National Broadband Plan (NNBP) 2020-2025, the National Digital Economy Policy and Strategy (NDEPS) 2020-2030, as well as other sectoral policies designed to enhance Nigeria’s digital transformation.

While the licensees are expected to meet the timetable regarding their 5G network rollout obligations, the NCC requires collective efforts and support of the private-sector and government toward transforming every aspect of the nation’s economy through 5G, which will herald greater transformation than what the nation witnessed with the 1G, 2G, 3G and 4G.

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Halilu Tasks NASENI Finance Managers On Effective Resource Management

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Halilu Tasks NASENI Finance Managers On Effective Resource Management

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO), National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu has underscored the importance of effective resource management, emphasizing the Agency’s responsibility in administering public funds for the benefit of Nigeria.

L-R: Coordinating Director, Engineering Infrastructure Directorate, NASENI, Prof Bagudu Gwandangaji; Support Officer/NASEN Desk Officer, OAGF, Mr. Mustapha Marafa; Deputy Programme Manager, System Support and Sustainability Directorate, OAGF, Mr. Jeremiah Asanato; Executive Vice Chairman/CEO of NASENI, Mr. Khalil Suleiman Halilu; Coordinating Director, Finance and Accounts, NASENI, Alh Ibrahim Baba Dauda; Coordinating Director, Science Infrastructure Directorate, NASENI, Prof Umaru Gaya during a one-day sensitization workshop on Government Integrated Financial Management Information System (GIFMIS) policy and guidelines for financial managers organised by the National Agency for Science and Engineering Infrastructure and the Office of the Accountant General of the Federation held at NASENI Headquarters in Abuja on Tuesday, May 14, 2024.

The EVC stated this while declaring open one-day sensitization workshop on Government Integrated Financial Management Information System (GIFMIS) policy and guidelines for financial managers of NASENI in collaboration with the Office of the Accountant General of the Federation (OAGF) held at the Agency’s headquarters in Abuja on Tuesday, May 14, 2024.

The workshop was  aimed at enhancing financial management practices for NASENI principal officers, directors, managing directors and accounting officers system-wide.

Urging the participants to take the workshop with all sense of purpose, the EVC/CEO called for accurate financial record-keeping and the adoption of innovative processes which remain integral in the GIFMIS policy. He stressed the significance of staff training and capacity development to ensure the discharge of duties to make NASENI a preferred public sector employer in Nigeria.

While warning staff on classified documents, Mr. Halilu said confidentiality in financial management is a crucial aspect and called for strict adherence to public service regulations regarding the integrity of official information.

He further emphasized the Agency’s 3Cs initiative of Collaboration, Creation, and Commercialization as NASENI’s core operating principles, expressing confidence in achieving the Agency’s goals in alignment with the Renewed Hope Agenda of President Bola Ahmed Tinubu.

The Deputy Programme Manager, System Support and Sustainability Directorate, OAGF, Mr. Jeremiah Asanato, giving overview of the GIFMIS, said it is aimed at integrating budgeting and government expenditure. He emphasized that the policy will help to address irregularities, corruption, and other fraudulent activities in government Ministries, Departments and Agencies (MDAs).

In his vote of thanks, Coordinating Director,Finance and Accounts, NASENI, Alh. Ibrahim Baba Dauda, appreciated all Finance and Accounts Directorate staff from across NASENI centres system-wide for attending the workshop. He challenged them to start thinking of making NASENI an independent revenue-generating agency.

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Modupe-Ola Shine Shine, Iya nKa-ola, Opeyemi Jemila Felicitate with Barrymade As She resume ISMAN National Amirah

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Trio of Cosmetics giant, Alhaja Module-Ola Shine Shine, Nigerian Born America Base Islamic Star Artist, Alhaja Sofiat Iya NKa-ola and her counterpart, Alhaja Opeyemi Jemilat has Congratulated and Felicitate with the newly Amirah Suarai of ISMAN, Alhaja Modinat Ashabi a.k.a Barrytide, Omo Babae, Iyawo Babae, Iya Agbaye respectively. 

Report has it that Islamic Star Artist, Alhaja Modinat Ashabi Barrymade has been elected unopposed for the second term as the National Amirah Suarai of Islamic Musician Association. ISMAN. 

In her congratulatory Message, Alhaja Module-Ola Shine Shine Said Barrytide victory as the National Amirah Suarai is a round peg in a round hole, that is why she was elected unopposed praying that may her reign bring more succour into the Association.

On her own side Alhaja, Sofiat Iya Nkaola hearty felicitate with Amirah Suarai Claiming she has been a wonderful and lovely sister and a lover of peace and unity. 

Alhaja Opeyemi Jemila told August24news.com on behalf of sister in love that “we will all rally round her to give maximum support so as to deliver good leadership because we believe in her leadership style” says Jemilat Opeyemi

The Peacefully and well conducted Election took place on January 24 2024 in Ado-Ekiti, Ekiti state, Nigeria. 

Asabi will be inaugurated along side with the National President of ISMA, Alhaji AbdulAzeez Ibrahim Arafalujona at the prestigious Ikeja City Mall Lagos on Sunday 2024.

Other Elected officers that will join the inauguration ceremony Includes Office of the Secretary of ISMAN, Treasurer, Public relations Officers among others. 

Also Extending their felicitation to Alhaja Modinat Ashabi Barrytide is the sisters in love head by its Madam Mayor Alhaja Mujidat Lawal a.k.a Asbunallah respectively.

In a telephone interview with Alhaja Modinat Ashabi on her newly inaugurated office, Barrymade told news men that Welfare of its females members will be her priority. 

Barrytide, daughter of Fuji legend is no doubt an Icon in the field of Islamic Music, Event Moderator, Event Planner, Vocalist, Music Producer and the CEO of Barrytide Music company.

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AfCFTA SECRETARIAT AND ZENPAY SIGN AGREEMENT TO DEVELOP SMARTAfCFTA PORTAL FOR ENHANCED INTRA-AFRICAN TRADE

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Zenpay Limited, a wholly owned subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat for the development and deployment of the SMARTAfCFTA Portal to facilitate trade within the African continent.

L-R: Chairman of Zenpay Limited, Dr. Ebenezer Onyeagwu and the Secretary-General of the African Continental Free Trade Area (AfCFTA) Secretariat, His Excellency Wamkele Mene, during the signing of an agreement for the development and deployment of the SMARTAfCFTA Portal to facilitate trade within the African continent, at Zenith Bank Headquarters, Ajose Adeogun Street, Victoria Island, Lagos on Friday.

The agreement which was signed by the Chairman of Zenpay Limited, Dr. Ebenezer Onyeagwu and the Secretary-General of the AfCFTA Secretariat, His Excellency Wamkele Mene, at Zenith Bank Headquarters, Ajose Adeogun Street, Victoria Island, Lagos on Friday, May 3, 2024 comes as a follow-up to the Memorandum of Understanding (MoU) which was previously signed by both parties during the 8th Annual Edition of Zenith Bank’s International Trade Seminar on Non-Oil Export which was held on Wednesday, August 8, 2023.

During the agreement signing, Dr. Ebenezer Onyeagwu, Chairman of Zenpay Limited, expressed his enthusiasm for the collaboration with the AfCFTA Secretariat, highlighting its significance given the current understanding of trade flows in Africa. Dr. Onyeagwu noted, “In Africa, intra-African trade constitutes only about 20% of total trade, with the rest going overseas, despite Africans making up 18% of the world population but contributing less than 5% to global GDP. By trading within Africa, we anticipate building prosperity across the continent.”

He further stated, “This initiative is not driven by profit but by the need to support the African Continental Free Trade Area. It aims to create a unified African market, enhancing economic integration and standardising customs and practices. As we advance this agenda, we expect tosee significant growth and improvement in intra-Africa trade.”

Also speaking during the agreement signing, His Excellency, Wamkele Mene, Secretary-General of the AfCFTA Secretariat, shared his delight over the partnership with Zenpay Limited in developing SMARTAfCFTA. He appreciated Jim Ovia, CFR, Founder and Chairman of Zenith Bank Plc, for his commitment to the project. According to him, “Four years ago, we discussed and envisioned SMARTAfCFTA as a digital platform to empower SMEs and young entrepreneurs in Africa, facilitating their inclusion in trade and boosting intra-African trade. This platform will serve as a repository for crucial trade data, offering insights on rules of origin and market intelligence, thus playing a pivotal role in implementing the AfCFTA agreement. Today is a testament that working together with our African partners in this case, Zenith bank, shows that their commitment goes beyond their progit margins to their stakeholders, but are motivated by our shared duty towards the Continent.”

Speaking about the Pan-African Payment and Settlement System (PAPSS) alongside the SMARTAfCFTA portal, H.E. Mene described PAPSS as “Africa’s payment highway.” He clarified that, unlike PAPSS, SMARTAfCFTA is not a payment platform itself but will be interoperable with PAPSS, allowing functionalities that facilitate easy payments. He emphasised that these platforms complement each other; they are not in competition. “We promote and encourage only one payment platform—PAPSS. Our goal is to integrate the digital ecosystem we are developing into PAPSS. We are committed to fostering innovation within this framework, ensuring it supports a seamless continental payment system without creating competition among platforms.”

SMARTAfCFTA is a digital platform designed to facilitate international trade by providing the necessary information and tools to the African private and public sectors. The Portal aims to streamline and unlock vast opportunities for trade across the African continent, and has the capacity to provide information like trade indicators, market trends, custom tariffs, trade agreements, Rules of Origin, market access requirements of relevant jurisdictions, export potentials, export diversification indicators and contact details of business partners in target markets and other trade-related information about Africa.

About ZENPAY Ltd 
Zenpay Ltd is a private limited liability company duly incorporated under the laws of the Federal Republic of Nigeria as a wholly owned subsidiary of Zenith Bank Plc. The company. It is a one-stop revolutionary financial technology (Fintech) company responsible for digital innovation and payments.

About the African Continental Free Trade Area (AfCFTA) 
The African Continental Free Trade Area (AfCFTA) is one of the flagship projects of Agenda 2063: The Africa We Want and entered into force on 30 May 2019. It is a high ambition trade agreement, which aims to bring together all 55 Member States of the African Union, covering a market of more than 1.3 billion people, with a comprehensive scope that includes critical areas of Africa’s economy, such as digital trade and investment protection, amongst other areas. By eliminating barriers to trade in Africa, the objective of the AfCFTA is to significantly boost intra-Africa trade, particularly trade in value-added production and trade across all services sectors of Africa’s economy, at a potential of 52.3 percent. 
 
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