Wednesday, January 28, 2015

Exclusive: still under maintenance

Days after the All Progressive Congress (APC) under the aegis of Buhari-Osibanjo Presidential Campaign Organisation led by Gov. Babatunde Fashola accused the Federal Government (FG) of shutting down its website, own by the party remained under maintenance, as ITRealms can authoritatively reports.

Although the managers of .NG registry in the country, the Nigeria Internet Registration Association (NIRA) had earlier cleared the air on the accusation, as gathered by ITRealms, maintained that there was no directive to the effect of the allegation by APC; the party is yet to launch any known investigation in-house to determine why it choose to host its website on, which translates to capital flight as far as Nigeria is concerned.

This according to an industry observer who spoke to ITRealms on anonymity shows how unreliable the party leadership is and their determination to create more capital flight-induced economy.

Officials of NIRA had in the response to the allegation of shutting down the website explained to ITRealms that they as registry of .NG operates 3R model, which entails Registry, Registrar, 
Registrant, therefore registrants on .NG go through their registrars who are usually accredited to get NIRA services as registry.

ITRealms, further reports that capital flight entails taking the jobs or economic values available to Nigerians to foreigners or simply out of the country.

According to the Wikipedia, “Capital flight, in economics, occurs when assets or money rapidly flow out of a country, due to an event of economic consequence.”

While Investopedia, described capital flight as “A large-scale exodus of financial assets and capital from a nation due to events such as political or economic instability, currency devaluation or the imposition of capital controls.”

ITREALMS ... delivering news for ICT4D

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