NCC, Governors Forge Partnership to Boost Nigeria’s Digital Economy

Chuks Okocha in Abuja

In a significant step towards advancing Nigeria’s digital transformation, the Executive Vice Chairman and Chief Executive Officer of the Nigeria Communication Commission (NCC), Dr. Aminu Maida, has commended Governors in the country for their openness to engage the commission in the management of the digital economy

In a statement, Nigeria Governors’ Forum (NGF), Director, Media and Strategic Communications, Yunusa Abdullahi, quoted Maida to have said, “The openness of the NGF to engage with us reflects a shared belief in the impact digital solutions can have on subnational development.”
Maida, emphasised the critical need for alignment between national and subnational digital infrastructure, describing it as a “game changer” for Nigeria’s digital economy.

According to the spokesman, a key focus of Maida’s address was the Right of Way (RoW) fees, currently set at N145 per linear meter, which he described as a significant burden on telecom companies.

Maida urged states to waive or reduce these fees to facilitate fibre optic deployment, stating, “The Right of Way is a critical element in opening up the digital economy, and this lies within the purview of the states.”

Echoing the call for collaboration, the NGF Director General, Mr. Abdulateef Shittu, highlighted the centrality of broadband and secure infrastructure to state development.

“Broadband and secure information infrastructure are no longer optional inputs to development,” he said.

He described them as foundational public goods. Shittu noted that while Nigeria has seen rapid growth in connectivity, national broadband penetration remains below the level needed for inclusive digital transformation.

To address this, he proposed four pragmatic areas for deepened partnership with the NCC: institutional alignment through State Broadband Coordinating Councils, policy harmonisation to standardise RoW rules, CNII resilience through state-level protection plans, and information sharing to enhance capacity building.

The Director General pointed to the World Bank’s SABER initiative as a model for success, citing states that have harmonised RoW fees, adopted coordinated trenching practices, and waived onerous fees to attract private investment.

“These policy choices have produced rapid increases in fibre kilometres and improved access to high-capacity networks,” he said, highlighting the socio-economic benefits, including improved productivity, job creation, and expanded access to education and health services.

Shittu and Maida emphasised the economic potential of enhanced connectivity, with Maida noting that that easing RoW barriers would enable telecom companies to create more value chains, benefiting citizens and increasing tax revenues for states.

Furthermore, Shittu said: “Expanded fibre coverage raises productivity, supports job creation, broadens access to education and health services, and enlarges the taxable base available to state governments.”

The NGF proposed leveraging the upcoming NCC Business Roundtable to convert commitments into concrete state-level pledges. “I further propose that the NGF and the NCC jointly convene a series of follow-up workshops to translate best practices from leading states into implementable toolkits for lagging ones,” the DG noted, advocating for measurable targets and clear timelines.

As Nigeria strives for universal, affordable, and resilient connectivity, the NCC-NGF partnership signals a collaborative path forward.

With states controlling critical administrative processes like land use and security, Shittu affirmed the NGF’s commitment, saying: “We will bring political will, coordination capacity, and the convening power of the governors to bear on this agenda.”

Maida, in turn, pledged the NCC’s technical leadership and regulatory clarity to ensure rapid and secure broadband expansion.
This landmark engagement sets the stage for a transformative push to bridge Nigeria’s digital divide, with both the NCC and NGF poised to drive measurable progress in the nation’s digital economy.

Both leaders spoke when a delegation of the NCC paid a courtesy visit to the Nigerian Governors’ Forum (NGF) Secretariat in Abuja.

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    Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence

    James Emejo in Abuja

    The country’s gross Foreign Exchange Reserves further increased to $41.05 billion, the highest level in over 44 months, demonstrating the continued improvement in macroeconomic indices in recent times.

    A day before, external reserves rose to $41 billion from $40.96 billion on August 18, 2025, showing less volatility over the past one month.

    Compared to about $40 billion, announced by the Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, as at July 18, external reserves had increased by about 2.62 per cent to date.

    The current movement in reserves represented the highest level recorded since December 3, 2021, and has continued to maintain the upward trajectory in recent weeks.

    Essentially, FX reserve movements are particularly crucial for economic stability, currency strength, import capacity, debt management, and overall investor confidence. Changes in the reserves could signal economic stress or health.

    Amid huge debt service obligations, and revenue challenges, the stability in external reserves movement, coupled with a marked deceleration in inflation rate as well as Naira’s relative stability offer renewed hope for the country about better days ahead.

    The development further attests to the position of the central bank’s management team that monetary policy actions have so far headed in the right direction.

    During the last MPC meeting in July, Cardoso had attested to the sustained stability in the foreign exchange market, accentuated by improved capital flows, earnings from increased crude oil production, rising non-oil exports and significant reduction in aggregate imports.

    He said, “That clearly is a reflection of the way that the international investors view the banking system, and I was again very privileged to have a conversation with a good number of them about three or four weeks before this listing took place.

    “And really and truly, a lot of interest, I must say, a lot of interest internationally, on putting money on the Nigerian financial system.

    “The key thing is that we as regulators will continue to play our part to ensure that the system and the players and the actors continue to do what we are doing, creating resilience, creating buffer, and, of course, playing by the rules, because that is so important for those who are looking to invest that they can believe and they trust in you.”

    The post Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence appeared first on THISDAYLIVE.

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    James Emejo in Abuja The country’s gross Foreign Exchange Reserves further increased to $41.05 billion, the highest level in over 44 months, demonstrating the continued improvement in macroeconomic indices in
    The post Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence appeared first on THISDAYLIVE.

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