FG Eyes N2trn Revenue, 2m Jobs In Telecom Sector
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LAGOS – Nigeria’s telecommunications sector has been projected to be the viable economic catalyst that could boost the country’s Gross Domestic Product (GDP) by generating nearly N2 trillion in additional tax revenue and create over 2 million jobs.
This was disclosed by the Executive Vice Chairman of NCC, Dr. Aminu Maida, at the National Telecommunications Policy 2000 Review Workshop with the theme, ‘The Imperative of Policy Drivers in Attaining National Objectives and Building Collaboration across Sectors and Segments of Government’, organised by the Nigerian Communications Commission (NCC) in collaboration with the Federal Ministry of Communications, Innovations & Digital Economy.
In his opening remarks at the 2-day event held in Ikeja, Lagos, on Wednesday, Maida said that stakeholders must also approach the workshop essence as an economic development exercise and not simply a sectorial policy, noting that the role of mobile telecommunications in Nigeria has become an economic catalyst.
According to him, “We must approach this workshop as an economic development exercise, not simply a sectorial policy of it. The role of mobile telecommunications in Nigeria as an economic catalyst has taken deeper digitalisation across sectors like agriculture, manufacturing, transport, trade, and government could boost our GDP by 2030 by creating an additional 2 million jobs that generates nearly N2 trillion in additional tax revenue.”
Speaking on the need for a review of telecommunications policy, Maida explained: “We went into the era of network, network building, as access expanded. The pressure shifted from simply connecting region to building the infrastructure required for broadband data and install services regulatory attention increasingly known to spectrum planning, fiber deployment, right of way, infrastructure sharing, co-location, open access, quality of service, and universal access.
“However, that phase also explores structural challenges that continue to affect the sector’s faith, fiber cuts, vandalism, high energy costs, multiple taxation, permanent delays, and persistent gaps between urban and rural activities.
“These are not just operational issues for operators, they are national development issues, because they affect the quality of resilience and reach of telecom services across the economy.”
He said that telecommunications by the mid-2010s had become the platform for a much wider digital ecosystem- banking, commerce, clean tech, education, entertainment, government services, security, cloud platforms, social media, and increased digital identity to depend on telecom networks.
“The issues before us now include artificial intelligence, satellite broadband, internet of things, cloud infrastructure, critical international infrastructure, digital sovereignty, digital trust, network resilience, and sustainable revolution.
“This is no longer a narrow method of communication conversation. The sector is no longer just a sector of the economy.
“So, the policy choices we make today will therefore determine not only the future of the telecommunications industry, but also Nigeria’s ability to broaden its taxpayers, improve public service delivery, raise productivity, formalise more businesses, great jobs, and build a more inclusive and resilient economy. In other words, we must move beyond celebrating connected lives alone. We must now focus on cross-sectoral productivity, digital adoption, and GDP growth enabled by meaningful connectivity regularly,” Maida stressed.
In his welcome address, Mr. Ayuba Shuaibu, Director, Policy Competition & Economic Analysis Department at NCC, who was represented by Mr. Oladejo Olawunmi, Special Duties Unit, NCC, expressed optimism of the positive outcome of the workshop, noting that the Policy Review Workshop on the National Telecommunications Policy 2000 presents an important opportunity for industry stakeholders to reflect on one of the most significant policy interventions in Nigeria’s communications sector.
“Telecommunications has moved beyond traditional voice services and now serves as a critical enabler of economic growth, digital innovation, financial services, governance, education and national development.
“However, the operating environment today presents new realities and challenges, including technological convergence, cybersecurity concerns, data governance issues and increasing demands for collaborative regulation.
“This workshop therefore provides a timely platform for us to assess the implementation journey of the policy, reflect on key achievements and lessons learned, identify emerging challenges, and collectively shape the direction for a future-focused telecommunications policy framework. The discussions over the next two days are designed to generate practical recommendations that will support Nigeria’s digital aspirations and the continued growth of the sector.
“I encourage all participants to engage actively and contribute meaningfully to the discussions,” Shuaibu stressed.
Earlier in her keynote address, the Special Adviser to the President on Policy and Coordination and Head of the Central Results Delivery Coordination Unit, Hadiza Bala Usman, called for a deeper broadband access across all parts of the country and to make the cost of digital access for citizens and businesses more affordable.
According to her, “There is no doubt to the fact that the telecom sector needs to review its policy after 26 years. This is crucial because this will deepen broadband access to all parts of the country, protect critical national digital infrastructure, improve quality of service, support innovation, trade, security, public finance, and national value, while maintaining regulatory certainty. It will also ensure that no community is excluded from the benefit of the digital economy in an increasing digital market.”
Usman said the workshop will support responsible use of emerging technologies, strengthen coordination between state, federal, and local authorities on the rights of way, infrastructure deployment, and ensuring that technical durations policy support education, culture.
She reminded stakeholders at the event that policy drivers are the mechanism that moves policies from intention to action, they include laws, institutions, transit arrangements, regulatory tools, delivery system, performance management, stakeholder ownership, and the political will required to sustain implementation.






