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Nigeria cannot wait 20 years for telecoms policy review again, FG warns

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Nigeria risks falling behind in the rapidly evolving global digital economy if it repeats the long telecoms policy delays that followed its last major telecommunications framework, the Federal Government has warned, as it pushes for faster and more adaptive reforms in the era of artificial intelligence (AI) and emerging technologies.

Speaking on Wednesday at the two-day National Telecommunications Policy 2000 Review Workshop organised by the Nigerian Communications Commission (NCC) in Lagos , Hadiza Bala Usman, Special Adviser to the President on Policy and Coordination, says Nigeria cannot afford another prolonged gap in updating critical telecoms policy frameworks at a time when technology is advancing at unprecedented speed.

“Nigeria cannot wait two more decades before undertaking the next phase of this review,” she says, stressing that the country must build a more responsive policy system capable of keeping pace with rapid shifts driven by AI, broadband expansion, cybersecurity demands and digital transformation.

“A policy that was fit for purpose in the year 2000 cannot simply be assumed to remain relevant in 2026,” she says.

 

Next phase of Nigeria’s telecoms policy drive  

The workshop, themed “The Journey So Far: Milestones and Next Steps,” marks a major review of Nigeria’s National Telecommunications Policy introduced in 2000, which opened the sector to private investment and competition after years of state dominance.

According to Bala Usman, telecommunications has evolved far beyond voice connectivity to become the backbone of modern economic and social systems, powering finance, e-commerce, education, healthcare, identity management, public services and national security.

“Telecommunications is no longer a standalone sector. It is an enabling platform for almost every other sector of Nigeria,” she says.

Nigeria’s Telecoms Policy reset: What the 2026 review signals for next phase of digital growth

She warns that outdated or fragmented policy structures risk weakening implementation, creating regulatory uncertainty and slowing investment at a time when Nigeria is seeking to deepen digital access and strengthen economic resilience.

“A policy that was fit for purpose in the year 2000 cannot simply be assumed to remain relevant in 2026,” she says.

Her intervention reflects growing concern within government circles that the accelerating pace of technological change, particularly with the rise of AI-driven systems, requires a shift away from long-cycle policy reviews toward more continuous and adaptive governance models.

At the same event, Dr. Aminu Maida, Executive Vice Chairman of NCC, says the telecoms sector has evolved from providing basic connectivity into what he describes as “productivity infrastructure for the entire economy.”

He recalls that when the 2000 telecoms policy was introduced, Nigeria had fewer than 500,000 active telephone lines serving a population of more than 120 million people, reflecting a tightly controlled and underdeveloped sector at the time.

The policy, he says, successfully liberalised the market, attracted private investment and laid the foundation for the independent regulatory framework that later drove Nigeria’s telecom expansion.

However, Maida says the industry has now entered a new phase shaped by artificial intelligence, satellite broadband, the Internet of Things (IoT), digital sovereignty and mounting cybersecurity challenges.

“The market has outgrown the assumptions of that era,” he says.

He warns that the next phase of telecoms policy must balance traditional regulatory principles such as competition and consumer protection with emerging priorities including infrastructure resilience, innovation and digital inclusion.

“The sector is no longer just a sector. It is the productivity infrastructure for the entire economy,” he says.

The NCC chief also underscores a shift in regulatory philosophy, describing modern telecoms oversight as “ecosystem stewardship” rather than traditional sector regulation.

 

Maida also highlights the broader economic implications of telecoms reform, noting that digitalisation across sectors such as agriculture, education and public services could significantly boost Nigeria’s economy.

He cites projections showing that deeper digital adoption could add as much as two percentage points to Nigeria’s GDP, create about two million jobs and generate nearly ₦2 trillion in economic value.

The NCC chief also underscores a shift in regulatory philosophy, describing modern telecoms oversight as “ecosystem stewardship” rather than traditional sector regulation.

“Today’s regulation must support infrastructure, financial services, cybersecurity, identity systems, e-governance, data governance, consumer trust, innovation and critical infrastructure protection,” he says.

Ernest Ndukwe, former Executive Vice Chairman of the NCC and current chairman of MTN Nigeria, also used the platform to reflect on Nigeria’s telecoms evolution and the need for continued regulatory refinement.

He says the Nigerian Communications Act may require updates after more than two decades to reflect current market realities and technological developments.

“I have a feeling that the NCA might need a little bit of tweaking also after so many years,” he says.

Ndukwe recalls the sector’s transformation from an era of limited fixed lines and minimal mobile penetration into one of Africa’s largest telecoms markets, driven largely by liberalisation and regulatory reforms.

He, however, stresses the importance of regulatory independence, transparency and stakeholder consultation in sustaining sector growth and investor confidence.

Across the workshop, stakeholders agree that Nigeria’s next telecoms policy must go beyond expanding connectivity to addressing broader concerns such as cybersecurity, digital trust, broadband affordability, infrastructure protection and effective policy implementation.

Bala Usman says future reforms must be anchored on clear institutional responsibilities, measurable outcomes and stronger coordination across government agencies to ensure policies translate into tangible impact.

“What problem are we trying to solve? What future are we trying to build?” she says.

 

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EuroMatch NPFL: Inter Lagos Turn to Olusanjo Olutayo After Giwa’s Exit

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Inter Lagos have appointed Olusanjo Olutayo as their interim head coach following the departure of Shakiru Giwa.

READ ALSO: EuroMatch NPFL: Shakiru Giwa Steps Down as Inter Lagos Head Coach | Sports247 Nigeria

The Lagos-based club announced the appointment on its official social media page, welcoming Olutayo to the role as they prepare for their next fixture in the Nigeria Premier Football League (NPFL).

“We are pleased to announce Coach Olusanjo Olutayo as our interim Head Coach. Welcome on board!” the club stated.

Sports247 had earlier reported Giwa’s departure from the club on Tuesday, October 13, after he stepped down from his position as head coach.

Giwa was instrumental in Inter Lagos’ promotion from the Nigeria National League (NNL) to the NPFL, marking a significant milestone in the club’s history.

However, the newly promoted side have struggled to make an impact in the top flight this season, with their opening eight league matches producing no victories.

Their latest setback was a 3-1 defeat away to Warri Wolves on Sunday, October 11, leaving them with just two points from eight matches.

Olutayo’s appointment now gives Inter Lagos a new coaching direction as they seek to improve their performances and turn their fortunes around in the league.

The interim coach will face the immediate task of preparing the team for their next NPFL encounter against Nasarawa United on Sunday, October 18.

The match presents an opportunity for Inter Lagos to begin a new chapter under their interim manager as they continue their search for a first league victory of the 2026/27 campaign.

The club has not yet announced whether Olutayo’s appointment will become permanent or how long he is expected to remain in charge.

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AFC Appoints CBN Governor Yemi Cardoso as Board Chairman

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Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has announced the appointment of Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), as Chairman of its Board of Directors.

He succeeds the immediate–past Chair, Ireti Samuel-Ogbu, who served the Corporation meritoriously during her tenure and continues to serve as a board member.

Cardoso brings extensive experience spanning international banking, investment management, economic policy and public sector leadership.

Since assuming office as Governor of the CBN in September 2023, he has led a far-reaching programme of monetary, financial-sector, and institutional reforms to restore macroeconomic stability, strengthen policy credibility, and rebuild investor confidence in Nigeria’s economy.

Under his leadership, the CBN has implemented significant reforms to Nigeria’s foreign exchange market, addressed longstanding foreign exchange obligations, strengthened monetary policy transmission, and enhanced institutional governance and transparency.

The Bank has also concluded a recapitalisation programme for the banking sector, aimed at strengthening the resilience and capacity of Nigeria’s financial system to support sustainable economic growth.

Prior to his appointment as Governor, Mr Cardoso built a distinguished career in international banking and public service, including a 12-year tenure as Chairman of Citibank Nigeria and service as Commissioner for Economic Planning and Budget in Lagos State.

In the latter role, he contributed to economic planning and fiscal management in one of Africa’s largest economies.

He holds a degree from Aston University in the United Kingdom and a master’s in public administration from Harvard Kennedy School, where he also served on the Alumni Board.

Mr Cardoso’s appointment comes as AFC continues to expand its role in financing and developing strategic infrastructure assets that address Africa’s infrastructure gap, accelerate industrialisation and strengthen regional integration.

His experience in financial sector reform, institutional governance and capital markets will providevaluable perspective on the Corporation’s strategic direction as it mobilises investment to unlock Africa’s economic potential.

Samaila Zubairu, President & CEO of AFC, said: “We are delighted to welcome Mr Cardoso as our Board Chairman. He shares our conviction that Africa’s lasting stability depends on its productive capacity. His leadership will strengthen AFC as we advance The Africa We Build 2050, mobilising African capital to build the infrastructure and industries that create jobs, prosperity and dignity for our people. We also sincerely thank Mrs Samuel-Ogbu for her dedication and contribution to AFC‘s board during her tenure.”

Mr. Cardoso commented on his appointment, saying: “A more productive Africa is a more stable Africa. AFC has the credibility and track record to mobilise capital and build the infrastructure and industries that drive transformation. I look forward to working with the Board, management and member states to advance The Africa We Build 2050. Our measure of success must be the productive capacity we create, the industries we enable and the jobs we support.”

AFC continues to advance transformational infrastructure and industrial investments across Africa, with recent milestones including achieving financial close on the US$753 million Lobito Corridor Railway Project in Angola, to support the rehabilitation, upgrade, and long-term operation of the 1,300-kilometre brownfield rail corridor; supporting a US$600 million facility for Dangote Group’s US$7 billion fertiliser expansion programme to scale production in Nigeria; and committing to a combined US$300 million investment alongside Vision Invest in WIOCC Group to accelerate the expansion of critical digital infrastructure across the continent. These investments reflect AFC’s unique approach to developing strategic infrastructure platforms that connect markets, strengthen industrial value chains and mobilise capital at scale to drive Africa’s economic transformation.

About AFC

AFC was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC’s approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth.

Nineteen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 49 member countries and has invested over US$20 billion in 36 African countries since its inception.

The post AFC Appoints CBN Governor Yemi Cardoso as Board Chairman appeared first on Business Today NG.

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