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From Malta to Marriott: IPv6 Council Nigeria inauguration solidifies 16-yr path to digital sovereignty - ITREALMS

PR@ITREALMS ... making leadership SENSE with digital news! LAGOS, Nigeria — The formal inauguration of the IPv6 Council Nigeria by the Nige...

Showing posts with label increase. Show all posts
Showing posts with label increase. Show all posts

Thursday, July 17, 2025

NIMC achieves 49% enrolment increase, seeks deeper media collaboration for digital inclusion - ITREALMS

ITREALMS ... making leadership SENSE with digital news!

The National Identity Management Commission (NIMC), has achieved a 49 per cent increase in enrollment in the last three years, and sought for more media collaboration to deepen digital inclusion of Nigerians, reports ITREALMS.
NIMC achieves 49% enrolment increase, seeks deeper media collaboration for digital inclusion - ITREALMS
Disclosing these at a two-day workshop with publishers of online newspapers in Lagos, the Director-General and Chief Executive Officer, NIMC, Engr. Abisoye Coker-Odusote, who was represented by Director of Information Technology and Identity Database, Engr. Lanre Yusuf, emphasized the critical role of media partners in promoting digital identity awareness and combating misinformation in the country.

Saturday, February 01, 2025

Telco’s tariff increase and NCC’s patriotism by Toby Prince - ITREALMS

Commentary@ITREALMS ... making leadership SENSE with digital news!

In the heart of Nigeria's digital economy, a story of patriotism and resilience unfolds. The telecommunications sector, a driving force behind the country's growth, has been facing unprecedented challenges. Despite its significant contributions to Nigeria's social and economic development, the sector has been struggling to keep up with the rising costs of operations.
Telco’s tariff increase and NCC’s patriotism by Toby Prince - ITREALMS
For nearly a decade, telecom tariffs in Nigeria remained unchanged, while the demand for data and voice services skyrocketed. The cost of operations, however, surged due to rising energy costs, inflation, currency devaluation, and increased costs of importing telecom equipment. These mounting expenses threatened the very foundation of the sector, making it difficult for operators to maintain infrastructure and deliver high-quality services.

Monday, January 20, 2025

Pump price increase, don't blame us says Dangote - ITREALMS

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The management of Dangote Group has clarified that the recent adjustment in ex-depot price of Premium Motor Spirit (Petrol) is directly related to the significant increase in global crude oil prices, reports ITREALMS.
Pump price increase, don't blame us says Dangote - ITREALMS
A press statement from Dangote Group informed ITREALMS that as crude remains the primary input in the production of PMS, any fluctuation in its international price inevitably impacts the cost of the finished product.

"At Dangote Petroleum Refinery, we recognise the critical importance of affordable fuel for all Nigerians, and we remain committed to offering the best value with guaranteed quality to our customers. While we have made a 5% adjustment to our ex-depot price from N899.50 to N950 per litre, it is important to note that this increase is considerably lower than the 15% rise in global crude oil prices, which has seen Brent Crude rise from $70 to $82 in a matter of days, in addition to the premium for Nigerian crude (approximately $3 per barrel) in international markets. Furthermore, Dangote Refinery has maintained the Single-Point Mooring (SPM) ex-vessel price at N895 per litre.

"All our partners, including Ardova, Heyden, and MRS Holdings, will offer petrol to Nigerians at a retail price of N970 per litre nationwide. We have absorbed the increased logistics costs to guarantee uniform pricing across the 36 states of the federation and the Federal Capital Territory (FCT).

"Dangote Refinery has absorbed approximately 50% of the cost increases in the international oil market. This is due to our unwavering commitment to quality and affordability, as well as the ownership of the refinery by Nigerians, which remain central to our mission. If Dangote Refinery were to pass on the entire increase in the price of crude oil to the market, the retail price of PMS would be approximately N1,150 to N1,200 per litre in some locations, compared to the current price of N970 per litre.

"We are committed to providing reliable, top-quality petrol to the Nigerian people at competitive prices. In these challenging times, we continue to prioritise the best interests of Nigerians, striving to shield consumers from the full impact of global price volatility while adapting to evolving market conditions.

"We sincerely appreciate the continued trust and support of Nigerians as we strive to deliver the best value for their money and contribute to the development of a self-sufficient economy that is resilient to international price fluctuations.

"In the interest of transparency and good governance, Dangote Refinery will commence publishing its ex-depot price, ex-vessel price as well as pump price on a weekly basis so that consumers are not exploited.

"We would like to express our gratitude to President Bola Ahmed Tinubu for the introduction of the visionary Naira for Crude Initiative. This groundbreaking initiative has enabled consistent access to high-quality PMS for all Nigerians, while also insulating the Nigerian consumers from the volatility of the global oil market."

Chuks Egbune/Editor

Thursday, November 21, 2024

UN representative demands increased role for women in shifting global geopolitics - ITREALMS

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The chairperson of the 12th anniversary Lecture of Realnews Magazine, Beatrice Eyong, has declared that Africa must positively improve the conditions and status of women and girls in order to take the rightful place in the world's shifting geopolitics, reports ITREALMS.
UN representative demands increased role for women in shifting global geopolitics - ITREALMS
In her contribution to the theme: “Africa in World Shifting Geopolitics: Matters Arising on Demography, Technology, Artificial Intelligence, Natural Resources” held on Tuesday, November 19, 2024, Eyong, who is the UN Women Country Representative to Nigeria and ECOWAS, noted that the global economy will grow by trillions if women could equally participate in the economy and have equal pay.

Wednesday, June 05, 2024

NETCO posts 137% increase in operating profit @2023 - ITREALMS

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...Targets 5% share rise in market share through EPC Projects

The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd), has announced a 137 per cent increase in operating profits for the year 2023.
NETCO posts 137% increase in operating profit @2023 - ITREALMS



This was disclosed by the Chairman of the company’s Board of Directors and Executive Vice President, Downstream, NNPC Limited, Mr. Adedapo Segun, at the Company's 34th Annual General Meeting held in Lagos, on Friday.

Sunday, March 24, 2024

Group alleges arbitrary increase in haulage fare @Onne Port - ITREALMS

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There is tension at Onne Port in Rivers state over what the Association of Nigeria Licensed Customs Agents (ANLCA), Eastern Zone described as an alleged arbitrary increase in haulage fare by the transport unions, Maritime Flat and Cargo and Freight Forwarding Transport, in connivance with the Nigerian Shippers Council (NSC), reports 
ITREALMS.
Group alleges arbitrary increase in haulage fare @Onne Port - ITREALMS
Trouble started last week our correspondent reports following an arbitrary increase in transport fare at Onne to about 200 percent according to the Association of Nigeria Licensed Customs Agents ANLCA.

Wednesday, January 31, 2024

Insecurity: Increase security personnel @Ekiti State, Obas tell FG - ITREALMS

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The Ekiti State Council of Traditional Rulers has called on the Federal Government (FG) to deploy more security personnel to Ekiti in order to beef up security in the state, reports ITREALMS.
Insecurity: Increase security personnel @Ekiti State, Obas tell FG - ITREALMS
The traditional rulers who stated that the state is under-policed also demanded that the State Government should empower them with adequate resources to police and secure their respective domains to compliment the efforts of the security agencies.

Thursday, January 04, 2024

No increase in PMS prices, says NNPC Ltd - ITREALMS

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The Nigerian National Petroleum Company (NNPC) Limited has assured the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol, reports 
ITREALMS
The Chief Corporate Communications Officer, NNPC Ltd, Mr. Olufemi O. Soneye in a press statement available to 
ITREALMS in Abuja urged Nigerians to disregard unfounded rumours and assures them that there are no plans for an upward review of the PMS price.

Friday, October 28, 2022

Telecom tariff increase reversal: Matters arising by Elvis Eromosele - ITREALMS

Commentaries@ITREALMS ... making leadership SENSE with digital news!


The Nigerian telecommunications sector has remained, perhaps, the most dynamic section of the economy for over two decades. It is a major newsmaker. One day it is news for new milestones, new technologies and new vistas and the next day regulatory restrictions, multiple taxations by the government and its agents or else disruption of service by the same. It is a real roller-coaster ride.
Yet, the sector has proven resilient, even before resilience was a thing. To get to where it is today, the players have invested heavily, struggled with and overcame myriads of obstacles and continue to stretch to do new and exciting things. It strives to keep abreast of the latest development across the globe.

Tuesday, November 19, 2019

Trauma confab: Lagos to increase emergency ambulances - ITREALMS

The Lagos State Government has advanced plans to increase the number of mobile emergency ambulances on its fleet from 15 to 23, reports ITREALMS.

The state commissioner for health, Prof. Akin Abayomi disclosed this in his address to the first-ever Trauma conference in Lagos on Tuesday by the Trauma Care International Foundation (TCIF).

Abayomi who lamented lack of maintenance of medical facilities said this increase in emergency ambulance fleet has become necessary because of increase in number of residents and need to close the gap of accessibility of this service by Lagosians.

This, he also noted will help in attending to those in need especially during accidents to have access to professional paramedics.

The increase in number of emergency ambulances would make it possible for general hospitals at all the local government areas in the state to reach this service at a very close short time, moreso during emergencies which could be traumatic for the patients.

He also decried lack of attention to professional flights, and called for enabling environment to enable medical and related practitioners thrive and offer their services adequately.

“Our health care providers don't feel valued,” he lamented, stressing the need to make efforts at neutralising every factor fueling this kind of feeling among health professionals in the country so as to retain them.

Welcoming participants, the chairperson TCIF, Dr. Deola Philips said the objective of the Trauma conference 2019 is to provide a platform for debate and stimulation of inter-disciplinary discussions in the fields of trauma care and emergency response management in the country.

Chairman of the occasion, and former Health Minister, Prince Juli Adelusi-Adeluyi commended the organisers, saying that at every appropriate time appropriate people take adequate steps to help build the society they live in.

Adelusi-Adeluyi also advised the foundation to always exhibit positive attitude and leverage on their already established good will as an international NGO that has made World Records with its activities.

He further called for grassroots driven education to increase awareness of the populace to assistance victims of Trauma rather than merely taking photos.

Chuks Egbuna/Editor

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Monday, November 05, 2018

Nokia helps Hutchison 3's increase network efficiency - ITREALMS

Nokia has said its helping Hutchison 3 Indonesia to increase network efficiency on the operator's LTE network and boost the customer experience, reports ITREALMS.

Using Nokia's Spectral Performance Management solution, Nokia pointed out that it has led to a 17 per cent increase in Hutchison 3's spectral efficiency, meaning more mobile broadband for more subscribers, with faster data speeds and a more reliable service.

Hutchison 3 Indonesia wants to provide the best quality service, especially for younger subscribers who are using bandwidth-hungry applications such as video and mobile gaming. Due to high growth in subscribers and traffic, the operator must make the most out of its LTE radio network resources without adding hardware, spectrum or cell sites.

Nokia's spectral performance management technology has enabled Hutchison 3 Indonesia to proactively identify and resolve network performance issues and provide the best quality service for its growing subscriber base. Nokia AVA's cloud-based analytics generates automated recommendations that improve spectral efficiency and help prioritize investment in additional capacity.

Nokia AVA collects, stores and analyzes data from multiple sources, including Minimization of Drive Test (MDT) data. A 3GPP feature, MDT enables the collection of performance data from Nokia and other vendors' networks, tapping into billions of anonymized measurement reports sent by ordinary mobile phones.

Machine Learning algorithms, developed by Nokia's services experts in partnership with Nokia Bell Labs, analyze the data and identify patterns of usage and network behavior to provide highly granular, sub-cell level insights about subscriber density, application throughput and radio signal performance.

This forensic level of analysis helps network engineers understand where capacity is running out and how data throughout can be increased while predicting future demand from subscribers. These granular insights allow Hutchison 3 Indonesia to plan more accurately and increase the return on network investments including, future-proofing its evolution to 5G.

Nenye Dom/GEE

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Wednesday, May 23, 2018

Cyber security fund to increase access-cost to telecom – ATCON warns CBN

ITREALMS:
The Association of Telecommunications Companies of Nigeria (ATCON) has warned that any attempt to increase cost of access to the telecommunications via the implementation of National Cyber Security Fund (NCSF) would be inimical, reports ITRealms.

This, ITRealms gathered, is coming on the wake of the move by the Central Bank of Nigeria (CBN) to start the implementation of a section of the Cybercrime Act 2015, which provides for the collection of ‘0.005’ levy on all electronic transactions into a National Cyber Security Fund account with the CBN.

ATCON National President, Mr. Olusola Teniola, gave this warning in Lagos, noting that the collection of the levy would inevitably lead to a sharp increase in ‘charges paid by customers’ for telecoms services.  Stressing that tariff on voice calls and data cost would certainly go up because the impact of the levy would be passed on to the end user of telecoms services.

ITRealms also gathered that some businesses likely to be affected by the levy include telcos, Internet Service Providers (ISPs), banks and other financial technology institutions, insurance companies and Nigerian Stock Exchange among others.

He confirmed to ITRealms that CBN had written ATCON to brace up for the collection of 0.005 per cent levy, lamenting that the industry was already heavily burdened by 39 different taxes, charges and levies imposed on it by the three tiers of government and their ministries, departments and agencies (MDAs).

ATCON president insisted that private sector efforts to speed up broadband penetration in the country would be affected as investors would choose not to invest in the sector, adding that the $70billion foreign direct investment (FDI) that has come to the industry came from investors and not from government.

He said the association has a mandate to protect the investment in the telecom industry from undue pressure from the government in the form of yet additional burden on our members that are already overtaxed by all tiers of governments.

According to him, the Cybercrime (Prohibition, Prevention etc) Act 2015, Section 44 that the CBN seeks to implement, states inter alia, “In Section 44.2 (a) a Levy of 0.005 of all electronic transactions by the businesses specified in the second schedule to this Act. Where in the Schedule five categories including GSM service providers and all telecommunication companies and Internet Service Providers are to apply this charge.”

“ATCON believes any premeditated actions that are capable of killing the telecoms industry must be eschewed by all tiers of governments in Nigeria as the perceived benefits of imposing this levy on aforementioned businesses have the direct capability to erase if not destroy the achievements that have been made since the telecoms sector was liberated.


“We therefore advise government review this directive as it would affect some macro-economic elements such as loss of employment and we as Industry will have to increase prices to cover the collection, processing and pass on these costs to the 150million subscribers,” he said.


Nenye Dom/GEE

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Friday, September 22, 2017

Nigeria to increase data centres - Shittu

Minister of Communications, Barr. Abdur-Raheem Adebayo Shittu has said efforts are on to expand the number of Data Centres in the country as part of government’s plan to expand its presence on a digital platform, 1-gov.net, reports ITRealms.

The platform, apart from consolidating existing government ICT infrastructure, it also enables MDAs to exchange data in a seamless manner while allowing each other to remain independent and maintain its privacy and the security of its operatives.

The Special Assistant to the Minister on Media, Victor Oluwadamilare in a press release said Barr. Shittu stated this in a keynote address titled Empowering Digital Governments to share latest innovative technology trends and government solutions with emphasis on Microsoft’s Technology platform to improve the capabilities of government within Nigeria”.which he delivered at the 2017 Microsoft Digital Government Conference held at the Transcorp Hilton Hotel, Abuja.

The minister said through the 1-gov.net, government has become more participative and accessible where citizens can participate in policy process through discussions, suggestions and online-polls.

“Various Government Departments are using this platform for seeking inputs on a wide range of issues. Using the 1-gov.netPlatform, Government has been able to save 30% of what it would have expended on a unit per unit cost. As at date 90% of all MDAs within Abuja are linked with fiber backbone and 3,500 locations of different MDAs have been touched across the country. 

"About 270 MDAs websites and applications are being hosted on the network, adding that“Government has recorded success in 1-gov.net, we now focus on some services that have direct bearing on the present administration’s priorities, and we determined to continue with the shared ICT infrastructure and services initiative in the MDAs. The1-gov.net is promoting Whole-of-Government approaches in the information Age based on shared services," he said.

In addition, he said, this approach will enhance productivity of government officials, increase experience of patrons of government services, enhance security and drive out the menace of corruption.

He said the government recognizes the urgent need to increase efficiency and transparency, improve and align processes, smart government and smart cities, attract new investors, bridge the digital divide, transform government transaction services, data-driven government, better access to and management of information, thereby enhancing citizen satisfaction and trust, meeting the needs of rapidly changing demographics and balancing costs while optimizing efficiency.
According to him, digital government is a vision statement that seeks to bring about citizen empowerment by harnessing the potentials of ICTs as well as seeking to transform government into digitally empowered society and knowledge economy in a manner that government is available on the palm of every citizen, where - The Government is open and the Governance Transparent.

Digital Government, he said, does not comprise the digital architecture alone, but it encompasses digital delivery of citizen-centric services, and ultimately, digital empowerment of the people.

He said, “Internet users in Nigeria have crossed 90 million. The mobile users have also crossed 156million mark. The smart phone users are more than 60 million. Today, from booking of train tickets to payment of fees and taxes, from post office and banking transactions to issue of digital documents, online registrations to online applications and e-services, Digital Revolution is seen everywhere and touches almost every aspect of life of a common citizen.

Barr. Shittu disclosed that government invests in shared ICT Infrastructure to secure the benefits of lower cost, increased security, increased innovation and faster service delivery, adding that government is supporting the development and sustenance of ICT applications that are driving cost effectiveness and transparency in Government Service Delivery. He added that applications supporting the Treasury Single Accounts (TSA), IPPIS, Budget Portal and BVN verifications among others are already resulting in huge savings.

The Ministry of Communications, he said,has expanded the Open Government Data Portal which is a part of the Federal Government Open Data Initiative, stressing that many civil servants have been trained across MDAs on the use of the portal.

He said government would appreciate the opportunity for Microsoft to help train our local ICT savvy youth and key into our local content policy on current projects and priorities to ensure a smooth transition, while he emphasized that Nigeria is the new bride in empowering Digital Governments to share latest innovative technology trends and Government solutions to improve the capabilities of government within Nigeria.

Commending the digital giant, he said,“I take this opportunity to applaud Microsoft and its contributions in the development and growth of the country through this noble initiative. The Ministry of Communications will continue to partner with the organized Private sector, and other stakeholders, in its bid to move the digitization efforts of the country forward. I would like once again to congratulate the Microsoft team for organizing this timely and commendable conference.
“I am aware that Microsoft in collaboration with the Nigeria Information Technology Development Agency (NITDA) & Nigeria Communications Commission (NCC) are committed to supporting the government's transformation by leveraging technology to drive productivity and empower citizens to do more regardless of location and time. Citizens’ engagement is a key performance indicator of any government and Microsoft, NITDA & NCC can provide robust platforms that help citizens provide feedback and queries to their leaders. Ultimately, digitally transforming government leads to good governance, accountability to citizens and builds trust between the government and its citizenry.”
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Thursday, May 12, 2016

Breaking News: Fuel price hike to N145 cruel: We shall resist this increase - NLC

The Nigeria Labour Congress (NLC) has described the hike in petrol pump price by the Federal Government from N86.50 to N145 as cruel, insisting they will resist the Wednesday proclamation, and summons emergency NEC meeting for Friday, May 13, reports ITRealms.

A press statement issued late last night by the Nigeria Labour Congress, endorsed by its General Secretary, Dr Peter Ozo-Eson, and made available to ITRealms, NLC said the unilateral increase in prices of petroleum products Wednesday by government represents the height of insensitivity and impunity that must be resisted.

NLC also said that it will resist the hike alongside all the well-meaning civil society groups, decrying that with the imposition on the citizenry of criminal and unjustifiable electricity tariff and resultant darkness and other economic challenges brought on by the devaluation of the Naira and spiraling inflation, the least one had expected at this point in time was another policy measure that would further make life more miserable for the ordinary Nigerian.

As said by NLC, the latest increase is the most audacious and cruel in the history of product price increase as It represents not only about 80 per cent increase but it is tied to the black market exchange rate.

Furthermore, NLC said, the process through which government arrived at this is both illogical and illegal as the board of the PPPRA is not duly constituted.

“In our previous statements and communiques, we had stressed the need for reconstituting the boards of NNPC and PPPRA and wean both away from the overbearing influence of the Minister of State for Petroleum Resources who has assumed the role of a sole administrator.

NLC said, the allusion to the fact that the this increase was arrived at after due consultation with stake holders is not only ridiculous and fallacious, because it goes to show that the brief meeting held today during which government was advised to shelve the idea until at least it meets with the appropriate organs of the Congress was in bad faith.

Accordingly, NLC said, they urged the government to revert the prices to what they were, stressing “We would want to put everybody on notice that we shall resist this criminal increase with every means legitimate."

Already an emergency NEC meeting has been scheduled for Friday, May 13, 2016 to decide on the next line of action. Meanwhile, our affiliates, state councils and civil society allies are requested to commence mobilization immediately.

Chuks Egbuna/GEE


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