Stakeholders insist on the need to harmonize the ICT sub-sector

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Through Chinenye Anuforo, [email protected]

The various sub-sectors of the entire Nigerian ICT industry value chain, including telecommunications, software, hardware, infrastructure, value-added services (VAS), financial technology startups, innovation and technology, among others, are experiencing varying degrees of growth with the rapidly evolving digital technologies.

Each of these sub-sectors of the ICT industry is very critical for the sustainability of the growth and contribution of the ICT industry to the national economy.

As a nation, the development of the ICT industry remains a crucial agenda in quest for socio-economic development in general and in the process of regional and global economic integration in particular.

In addition, the ICT industry is a strategic priority for the countries of the sub-region in the fight against poverty and in the promotion of education at all levels.

Indeed, ICTs contribute to economic growth by increasing productivity in all sectors; creation an environment conducive to market expansion beyond national borders and benefiting from economies of scale; reduce costs and facilitate access to services, particularly in the areas of administration, education, health and banking; facilitate access to research; develop ICT products and services; contribute to better governance, an essential ingredient for growth, through increased participation, accountability and transparency in service delivery.

Adopting ICT offers wider possibilities for positive outsourcing and encourages creativity, learning and increases people’s problem-solving skills.

However, its influence on the overall growth of an economy depends on a number of factors, one of which is the extent to which all sub-sectors interact, integrate and work in harmony as technology evolves. .

According to the executive vice president, Nigerian Communications Commission (NCC), Umar Garba Danbatta at the one-day conference organized by the Nigeria Information Technology Reporters Association (NITRA),

On the theme “Harmonizing the ICT sub-sectors towards a digitized Nigeria”, ensuring the harmonization of these sub-sectors, it is necessary to always ensure that the legal and regulatory regimes, as well as the national institutional frameworks of TIC have a mutually inclusive handshake towards ensuring a digital economy.

He recalled that the Nigerian government has always envisioned a policy environment in which regulatory frameworks for each of the sub-sectors are harmonized across all sectors to ensure consistent growth of the ICT industry.

“In 2012, a very important effort was made by the government to have a harmonized national policy on information and communication technologies (ICT), with the aim of harmonizing the disparate policy frameworks guiding each of the sub-sectors. ICT in the country and subsequently stimulate a harmonized national ICT policy that will create a digital economy.

To further emphasize this, the Honorable Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim Pantami, unveiled in 2020 the Federal Government’s National Digital Economy Policy and Strategy (NDEPS), 2020 -2030 with eight separate pillars. These pillars have summarized what needs to be done to lead each of the sub-sectors to better development of the ICT industry.

Danbatta explained that the digital economy is now recognized as a platform to conduct hitherto traditional economic activities using the Internet and emerging technologies, on the basis of which important developments have taken place on a global scale, resulting in socio-economic growth of societies.

“The digital economy influences everything from redistribution of capital to profit sharing and growth. It includes goods and services that are either produced or deployed using digital technologies. For these reasons, the ICT industry underpins the performance of the digital economy and even better if all disparate sub-sectors are coherently aligned for a more robust digitization of the digital economy.

For his part, Lare Ayoola, executive chairman of Tranter IT and IoT Africa Networks Limited, said that the Importance of Information and Communication Technologies (ICTs) to Nigeria’s Future Cannot Over the years, ICTs have contributed greatly to the country’s economic gains; creating so many opportunities, which involve the provision of infrastructure for the collection, analysis and communication of data and the adoption of new era technologies such as the Internet of Things (IoT) and Big Data.

Ayoola, who is also the president of the Information Technology Association of Nigeria (ITAN), also said that ICT has helped organizations, businesses and people to communicate better, reduce costs, improve productivity, reduce losses, enable better information security and cybersecurity, and improve search capabilities.

He said a harmonized ICT sub-sector and a digitized Nigeria are essential for better economic security, financial security, food security, oil and gas security and the security and security of information, assets, people, dry and wet stocks, etc.

A digitized Nigeria will facilitate the acquisition of data from all actors in all industry verticals at the lowest possible costs with the best information security and unmatched efficiency and reliability giving birth to Big Data and to the enormous economic benefits that flow from it. From Big Data, we will gain vital insights and insights that are invaluable for successful decision making and planning, as well as for minimizing risk, maximizing opportunity and efficiency, and creating the opportunity to compete favorably in business. ‘Mondial economy.

Earlier in his welcome speech, NITRA President Chike Onwuegbuchi, the theme of the conference was chosen based on the need to coordinate the efforts of different industry sub-sectors to achieve a digital economy.

“The sub-sectors of industry are interdependent, for example; telecommunications services require software, fintechs depend on telecommunications to function, as do data center, cybersecurity among others. “

In line with the efforts of the Federal Government through the Ministry of Communications and Digital Economy to digitize the economy, there is a need to harmonize policies and growth initiatives in different areas of the ICT sector to achieve growth and the desired development, ”said the President.

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