Ministry Of Communications changes name

DR Isa Ibrahim Pantami, Ministry of Communications

The Federal Executive Council (FEC) on Wednesday approved the renaming of the Federal Ministry of Communications as Federal Ministry of Communications and Digital Economy.

Isa Pantami, Minister of Communications, disclosed this while briefing State House correspondents after the Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo at the Presidential Villa, Abuja.fea

He said the digital economy had become a global trend and was making meaningful contribution to Nigeria’s Gross Domestic Product (GDP).

“I am here to convey the message to Nigerians that the Federal Ministry of Communications which I supervise has been renamed and re-designated as the Federal Ministry of Communications and Digital Economy; so that the amendment is the that digital economy should be added to the name.

“We came up with the proposal knowing that digital economy today is about to dominate the world and even in Nigeria, if you look at it critically, the contribution of ICT to Gross Domestic Product (GDP) is increasing by the day.

“ If you look at the second quarter of 2019, you will find out that oil and gas contributed 8.82 per cent to our GDP while non-oil sector collectively contributed 91.18 per cent while ICT contributed 13.85 per cent to our GDP.

“So, even the contribution of oil and gas as only 8.82 while ICT 13.85 per cent.

“Now, the global practice is that nations are moving into digital economy and we felt leaving digital economy as just a peripheral in our country will not be for our economy particularly in order to give more priority to the priorities of the administration of President Muhammadu Buhari and Vice President Yemi Osinbajo.

“There is need for us to have a ministry that will supervise the development and implementation of digital economy in Nigeria; most importantly, with regard to our economic recovery and growth plan.’’

Pantami said that in order to be in alignment with the global best practice, many nations in the world were coming up with new ministries as ministries of digital economy.

He said that in the European Union, a commissioner had been assigned with the mandate of digital economy while Scotland has also appointed a minister of digital economy.

The minister said more so, that Thailand had a minister of digital economy while in Africa, Bukina Faso had also appointed a minister of digital economy.

He said that the move was to make sure that digital economy was not a peripheral aspect of Nigerian economy but a central one.

“In Nigeria, looking at the contributions of ICT and secondly, looking at how our population, most importantly, youths are addicted to ICT; they are naturally inclined to ICT; so, I feel it is very important.

“No one will argue with me that if you look at the richest people today in the world, they come from that aspect of digital economy.

“For example, Jeff Bezos, the founder of Amazon.com; he came up with that idea of Amazon in 1994; up to the 2003, he couldn’t get any profit; by 2004, he got his first profit and by 2017, 2018, 2019 constantly, he became the richest person in the world.

“What he did only significantly was to come up with that platform of Amazon.com; he doesn’t own any shop where you go and buy property but one that will provide that digital platform so that you will be able to connect potential buyers and potential sellers and that platform alone catapulted him to be the richest person in the world.’’

He said that Nigeria had advantages in terms of population and resources; therefore, should harness digital economy as a global trend to improve its economy.

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts
Read More

Lagos HoS Applauds Governor Sanwo-Olu, Hamzat On Ilera Eko, Staff Welfare

The Head of Service, Lagos State, Mr. Hakeem Muri-Okunola, has applauded the Governor of Lagos State, Mr. Babajide Olusola Sanwo-Olu, his Deputy, Dr. Olufemi Hamzat and the Lagos State House of Assembly led by the Speaker, Rt. Hon. Mudashiru Obasa, for their commitment and contributions to the success of the Lagos State Health Scheme, ILERA EKO.
Read More

Roseline Ogunro’s report, Radio Nigeria Announcer on Duty the day General Murtala Mohammed was killed

I was the early morning duty continuity announcer on Friday 13 February 1976, exactly 45 years ago. My shift commenced at 5:30 am and would have finished at 11:30 am. Things were going on smoothly until about 7:20 am when a rather scruffy man with red eyes as though under the influence of alcohol or other substances, in army uniform and armed with a gun, walked into the continuity studio with another army officer and one of my colleagues, a producer in the Hausa Service of Voice of Nigeria. The scruffy officer was later to announce that he was Dimka. He said as they came in, ‘any resistance from these people, shoot’. He then demanded to use my microphone. I got up and he took over my seat and my microphone. He then announced that there had been a coup and that the Head of State, General Murtala Mohammed had been killed. He proceeded to make the infamous ‘dawn to dusk curfew’. He read from a scrap of paper. After the announcement he asked if I had military (martial music) to which I said no. The colleague who accompanied the officers left immediately and returned quite quickly with a compilation of martial music records possibly from the music library. He seemed to have pre-compiled them. I was commanded to play them after Dimka’s announcement. I was not overly scared at this point. I thought to myself, ’just do as you are told’ especially as the man was armed with a gun.