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The Nigerian Communications Commission (NCC) has earned significant recognition from the Bureau of Public Service Reforms (BPSR) for its commitment to transparency and service delivery, reports ITREALMS.
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Showing posts with label transparency. Show all posts
Showing posts with label transparency. Show all posts
Tuesday, June 30, 2026
Thursday, February 05, 2026
U.S. formally withdraws from Open Government Partnership, signals shift on transparency - ITREALMS
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The United States (US) government has officially withdrawn from the Open Government Partnership (OGP), marking a significant departure from the global transparency initiative first launched as a signature project of the Obama administration, reports ITREALMS.
The United States (US) government has officially withdrawn from the Open Government Partnership (OGP), marking a significant departure from the global transparency initiative first launched as a signature project of the Obama administration, reports ITREALMS.
The exit was solidified through a formal Letter of Withdrawal dated January 15, 2026. Signed by the Administrator of the General Services Administration (GSA), Edward Forst, and addressed directly to OGP leadership, the letter effectuated a directive rooted in the White House Memorandum 2026-00976.
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Thursday, January 29, 2026
NCC unveils Q4 2025 report, mandates data transparency to shield telecom consumers - ITREALMS
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The Nigerian Communications Commission has officially released its Quarter 4 (Q4) 2025 Network Performance Report with a call for increased transparency and accountability within the nation’s telecommunications industry, reports ITREALMS.
The Nigerian Communications Commission has officially released its Quarter 4 (Q4) 2025 Network Performance Report with a call for increased transparency and accountability within the nation’s telecommunications industry, reports ITREALMS.
Speaking at a media engagement in Abuja on January 28, 2026, the Executive Commissioner for Technical Services, Engr. Abraham Oshadami, emphasized that open access to industry data is a guiding principle for the Commission to strengthen the sector and build public trust.
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Wednesday, December 10, 2025
Spectrum Licensing and Renewal Transparency (2015–2025): Who got what, at what price? Asks Remmy Nweke - Telecoms Clinic@ITREALMS
Telecoms Clinic@ITREALMS ... making leadership SENSE with digital news!
Spectrum, the invisible lifeblood of wireless communication, has quietly shaped Nigeria’s digital economy more than any other infrastructure asset in the last decade. Every phone call, mobile data session, and streaming service depends on the regulated use of spectrum frequencies.In this edition of Telecoms Clinic@ITREALMS with REMMY NWEKE, probes Nigeria’s spectrum licensing and renewal transparency (2015–2025), asking who got what, at what price, and why openness still matters as part of FOI and Data Governance series.
Yet, beyond the fanfare of multi-million-dollar license announcements, one fundamental question often goes unanswered: how transparent is Nigeria’s spectrum licensing and renewal process? Who really got what and at what price?
Wednesday, December 03, 2025
Right of Way (RoW) & Fiber Deployment Transparency: Who Sets Prices and Why? Asks Remmy Nweke - Telecoms Clinic@ITREALMS
Telecoms Clinic@ITREALMS ... making leadership SENSE with digital news!

For years, the Right of Way (RoW) debate has lingered as one of Nigeria’s most persistent bottlenecks to affordable broadband and nationwide fiber deployment. Although the conversation often circles around “high charges” and “state levies,” beneath this fiscal friction lies a deeper transparency deficit; a question of who actually determines RoW pricing, how those decisions are made, and what accountability framework exists for public resources that should empower, not encumber, connectivity.In this edition of Telecoms Clinic@ITREALMS with REMMY NWEKE, he probes Nigeria’s spectrum licensing and renewal transparency (2015–2025), asking who got what, at what price, and why openness still matters.

When the National Economic Council (NEC) agreed in 2013 to peg RoW charges at ₦145 per linear meter across Nigeria, the consensus was hailed as a historic step toward harmonizing infrastructure costs and accelerating broadband penetration. Yet, more than a decade later, the disparity between federal ambition and state practice has only widened.
Monday, October 20, 2025
INEC’s ₦1.5bn demand on FOI: What Is digital alternative? Asks Remmy Nweke - ITREALMS
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INEC’s ₦1.5 billion charge for a Freedom of Information (FOI) request raises fresh concerns about transparency and digital readiness. REMMY NWEKE in this edition of Telecoms Clinic @ITREALMS analyses and asks for digital alternatives to paper-based bureaucracy in Nigeria’s electoral system.
The Independent National Electoral Commission’s (INEC) recent demand of ₦1.5 billion as the cost of granting a Freedom of Information (FOI) request for the National Register of Voters and the list of polling units has sparked widespread debate about transparency, access, and digital accountability in Nigeria.
While many have condemned the figure as excessive, the discussion is more nuanced than it appears. Producing a certified true copy (CTC) of a national database involves more than simple photocopying.
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Sunday, July 06, 2025
Gov. Soludo's transparency shines @diaspora engagement - ITREALMS
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In a refreshing display of accountability and commitment to inclusive governance, Governor Chukwuma Charles Soludo of Anambra State is set to engage with the Anambra Diaspora community in the US and North America, reports ITREALMS.
Scheduled for today, Sunday, July 6, 2025, at 3pm (EST), the town hall meeting in Maryland promises to be a platform for the Governor to showcase his administration's achievements over the past three years.
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Friday, June 14, 2024
Community Development Trusts: Fubara urges transparency - ITREALMS
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The Governor of Rivers State, Siminalayi Fubara, has called for responsible management of funds allocated to Host Communities Development Trusts (HCDT) in the Niger Delta, reports ITREALMS.The governor spoke on Tuesday at an event to unveil three additional HDCTs by The Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the SPDC Joint Venture comprising SPDC, the Nigerian National Petroleum Company Limited (NNPC), TotalEnergies Limited and Nigerian Agip Oil Company Limited.
The Governor of Rivers State, Siminalayi Fubara, has called for responsible management of funds allocated to Host Communities Development Trusts (HCDT) in the Niger Delta, reports ITREALMS.The governor spoke on Tuesday at an event to unveil three additional HDCTs by The Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the SPDC Joint Venture comprising SPDC, the Nigerian National Petroleum Company Limited (NNPC), TotalEnergies Limited and Nigerian Agip Oil Company Limited.
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Thursday, March 14, 2024
Kogi monarchs, Akpoti-Uduaghan echo transparency, restructuring Ajaokuta steel, iron ore - ITREALMS
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The traditional rulers from the Ebira ethnic group and Senator representing Kogi Central have agreed to work for the resuscitation of the Ajaokuta Steel Company and the National Iron Ore Mining Company, Itakpe, reports ITREALMS.The monarchs in a letter to the President of the Senate, Chief Godswill Akpabio, urged Kogi State indigenes in the National Assembly to lay emphasis on the collective focus, interest and goal to making Ajaokuta Steel Plant work for the common good of Ebiraland, Kogi State and Nigeria in general.
The traditional rulers from the Ebira ethnic group and Senator representing Kogi Central have agreed to work for the resuscitation of the Ajaokuta Steel Company and the National Iron Ore Mining Company, Itakpe, reports ITREALMS.The monarchs in a letter to the President of the Senate, Chief Godswill Akpabio, urged Kogi State indigenes in the National Assembly to lay emphasis on the collective focus, interest and goal to making Ajaokuta Steel Plant work for the common good of Ebiraland, Kogi State and Nigeria in general.
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Sunday, January 28, 2024
Transparency: EITI rates NNPC high in global assessment - ITREALMS
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The global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd) very high in its latest global assessment, reports ITREALMS.Confirming this in a press statement available to ITREALMS, the Chief Corporate Communications Officer, NNPC Limited, Mr. Olufemi Soneye quoted EITI’s Deputy Executive Director, Mr. Bady Baldé, saying he made this disclosure during a visit by an EITI delegation to the Group Chief Executive Officer of the NNPC Ltd, Mr Mele Kyari, in Abuja on last Thursday.
The global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd) very high in its latest global assessment, reports ITREALMS.Confirming this in a press statement available to ITREALMS, the Chief Corporate Communications Officer, NNPC Limited, Mr. Olufemi Soneye quoted EITI’s Deputy Executive Director, Mr. Bady Baldé, saying he made this disclosure during a visit by an EITI delegation to the Group Chief Executive Officer of the NNPC Ltd, Mr Mele Kyari, in Abuja on last Thursday.
Sunday, December 17, 2023
NNPC Ltd wins The Whistler's Transparency, Innovation Award - ITREALMS
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The Nigerian National Petroleum Company Ltd. (NNPC Limited) has won this year's The Whistler Newspaper's Award for Transparency and Innovation, reports ITREALMS.The Group Chief Executive Officer (GCEO) of the Company, Mr. Mele Kyari received the award from the Executive Governor of Abia State, His Excellency, Alex Otti, on behalf of the company during the Newspaper's 2023 award night, held yesterday in Abuja, Nigeria.
The Nigerian National Petroleum Company Ltd. (NNPC Limited) has won this year's The Whistler Newspaper's Award for Transparency and Innovation, reports ITREALMS.The Group Chief Executive Officer (GCEO) of the Company, Mr. Mele Kyari received the award from the Executive Governor of Abia State, His Excellency, Alex Otti, on behalf of the company during the Newspaper's 2023 award night, held yesterday in Abuja, Nigeria.
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Saturday, December 16, 2023
Maida to Tijani: Transparency, our bedrock in telecom regulation - ITREALMS
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The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has assured that transparency will form the bedrock of his leadership as Nigeria's chief telecom regulator, reports ITREALMS.
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has assured that transparency will form the bedrock of his leadership as Nigeria's chief telecom regulator, reports ITREALMS.
Friday, November 24, 2023
Kaspersky opens first African Transparency Center - ITREALMS
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As part of the Africa Cyber Defense Forum (ACDF), Kaspersky (www.Kaspersky.co.za) has opened its first Transparency Center in the African region, reports ITREALMS.The new center, located in Kigali, Rwanda, is opening as part of Kaspersky’s Global Transparency Initiative, established to highlight the reliability of the company's solutions and advocate for greater transparency throughout the cybersecurity industry. The new center offers its visitors a comprehensive overview of Kaspersky's engineering and data processing practices, and a live demonstration of the source code for its products and services.
As part of the Africa Cyber Defense Forum (ACDF), Kaspersky (www.Kaspersky.co.za) has opened its first Transparency Center in the African region, reports ITREALMS.The new center, located in Kigali, Rwanda, is opening as part of Kaspersky’s Global Transparency Initiative, established to highlight the reliability of the company's solutions and advocate for greater transparency throughout the cybersecurity industry. The new center offers its visitors a comprehensive overview of Kaspersky's engineering and data processing practices, and a live demonstration of the source code for its products and services.
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Monday, July 10, 2023
INEC lacks transparency in election technology - ITREALMS
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The Independent National Electoral Commission (INEC) has been accused of lacking in election technology transparency, reports ITREALMS.
The Independent National Electoral Commission (INEC) has been accused of lacking in election technology transparency, reports ITREALMS.
This accusation was contained in the latest report by the European Union Election Observation Mission for the Nigeria 2023 elections held between 25 February and 18 March this year and available to ITREALMS.
Tuesday, April 25, 2023
Open Alliance raises alarm over FG's Wolrd Bank $800m loan, says it lacks openness, transparency - ITREALMS
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The Civil Society Organisations (CSOs) under the auspices of Open Alliance has raised concerns over the $800m loan agreement between the Federal Government of Nigeria and the World Bank, alleging the process lacks openness, transparency and does not mean well for Nigerians, reports ITREALMS.
Open Alliance, ITREALMS recalled, is a coalition of civil society organisations working together to improve openness and accountability in government, has expressed serious concerns over the plan of the Nigerian government to acquire a loan of $800m from the World Bank to distribute through cash transfers to vulnerable and poor Nigerians.
The Civil Society Organisations (CSOs) under the auspices of Open Alliance has raised concerns over the $800m loan agreement between the Federal Government of Nigeria and the World Bank, alleging the process lacks openness, transparency and does not mean well for Nigerians, reports ITREALMS.
Open Alliance, ITREALMS recalled, is a coalition of civil society organisations working together to improve openness and accountability in government, has expressed serious concerns over the plan of the Nigerian government to acquire a loan of $800m from the World Bank to distribute through cash transfers to vulnerable and poor Nigerians.
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Tuesday, March 20, 2018
USPF: Nigeria lacks transparency around universal service, access funds
Nigeria has been
accused of lacking in transparency around the Universal Service and Access
Fund, around how these funds are dispersed remains a secret, says the latest research by the United Nations Women, alleging that
estimated US$408m is sitting unspent across Africa, reports ITRealms.
The Universal Service
Provision Fund (USPF) in Nigeria is resident in Nigerian Communications
Commission (NCC) with an Executive Secretary as its chief executive officer.
Nigeria, ITRealms gathered, is one
of only four African countries required to spend its Universal Service and
Access Funds (USAF) by the end of the fiscal year.
“However, there is a lack of
transparency around how these funds are dispersed,” part of the report read.
Although Nigeria is touted to have 47 per cent of the population online, according to the International Telecommunication Union (ITU, 2015) while some 36 per cent of women are online, as said by Web Foundation, 2015.
Although Nigeria is touted to have 47 per cent of the population online, according to the International Telecommunication Union (ITU, 2015) while some 36 per cent of women are online, as said by Web Foundation, 2015.
The new research from the Web Foundation, the Alliance for
Affordable Internet
and UN Women, made available to ITRealms at the 62nd UN Commission on
the Status of Women, calls on governments to invest at least 50 per cent of funds collected for expanding connectivity
in projects targeting women’s internet access and use.
With an estimated US$408 million collected to
expand internet access throughout Africa sitting dormant in public coffers, the
report finds that many African governments are failing to take action to
connect women and other offline populations — despite the existence of
funds earmarked for this purpose.
The research warned that
failure to utilise these funds which is enough
to bring 6 million women online, or to provide digital skills training to 16
million women and girls — to expand connectivity to all risks widening
global inequality and undermining global development.
Though nearly half the
world is online today, close to four billion people remain unconnected. Just 22
per cent of the population in Africa is online, and the continent has the widest gap in internet use between men and women (25 per cent). Universal
Service and Access Funds (USAFs) are communal public funds dedicated to
expanding internet connectivity and access opportunities for these populations
and other underserved communities who are least likely to be connected through
market forces alone.
The research entitled, Universal Service and Access Funds: An Untapped Resource to
Close the Gender Digital Divide, examines the existence
and use of USAFs across Africa, and the extent to which these funds are being
put to use to improve internet access and use among women.
Further, the research
findings include that a majority of
African countries have a USAF in place that is collecting funds, amongst 37
African countries, which amounts to almost 70 per cent have a USAF set up, and
62 per cent of these funds are considered ‘active’.
But, most governments are failing to spend the USAF funds collected. In 2016, USAFs across Africa disbursed just 54%
of funds collected. Across all 37 USAFs in Africa, unspent funds total an
estimated US$408 million — enough to bring 6 million women online, or to
provide digital skills training to 16 million women and girls.
“Few countries are focused on improving women’s internet access and use —
despite the worsening digital gender gap. Just three of the 37 countries
with USAFs have universal access policies guiding the USAF that explicitly aim
to connect women and girls through the fund.
“Most USAF managers do not yet appreciate the importance of investing in
solutions to reduce the gender digital divide. Many assume that
investment in any internet access solution will equally benefit both men and
women, which is unfortunately not the case.
“Information about USAF financing, programming, and disbursement is hard
to find. Just 23 countries openly publish details on their USAF
activities; even when they do publish these details, they can be hard to find
and hard to understand, leaving citizens little power to hold the USAF to
account.”
“Analysis in the report
shows that in order to reduce the growing global gender gap in internet use — a
gap which is widest in Africa — USAFs should boost investments in
programmes that aim specifically to tackle obstacles to internet use and access
faced by women.
Commenting on the
report’s findings, Phumzile Mlambo-Ngcuka, Under-Secretary-General of the United Nations,
Executive Director of UN Women,
said that the Universal Service and Access Funds offer an incredible and
vastly underutilised opportunity for making real progress; an opportunity that
cannot missed.
“Every day that these
funds remain unused is another day women and girls are sidelined in the digital
revolution. We call on governments to take immediate action to put these funds
toward their intended purpose, and to work to make the digital divide history —
starting with women and girls,” Mlambo-Ngcuka said.
The Executive Director,
Alliance for Affordable Internet and Head of Digital Inclusion Programmes at
the Web Foundation, Sonia Jorge, said that they cannot reduce global inequality without
closing the digital divide and online gender gap.
“We must act now to stop
the online world from entrenching offline inequalities. We call on
governments to make effective and timely use of available funds, and to invest
at least 50% of them in projects aimed at bringing more women online,” she said
Chuks Egbune/GEE
Wednesday, October 04, 2017
Kachikwu’s Leaked Memo: Procedural for efficiency, transparency in oil & gas
The Minister of State for Petroleum
Resources, Dr. Ibe Kachukwu has reacted to the leaking and eventual publication
of his memo to President Muhammadu Buhari, lamenting the attendant misunderstanding
between him and the Group Managing Director of the Nigerian National Petroleum Corporation,
Dr. Maikanti Baru, reports ITRealms.
His reaction was contained in a
press statement by the Director of Press in the ministry, Mr. Idong Alabi and
made available to ITRealms, described
the leaked memo as a normal procedural correspondence by the Minister to the
President to enthrone efficiency, transparency.
According to Alabi, “It is most
distressing to the ministry of petroleum resources that a confidential
communication to the President on the performance of one of its parastatals can
be made public.”
“The focus of the communication was
on improving efficiency and deepening transparency in the oil and gas sector
for continued investor confidence.
“It is noteworthy that the President
has been fully supportive of the efforts of the Ministry to entrench good
governance and accountability in the oil and gas sector.”
Alabi further said the Ministry of
Petroleum Resources remains focused on achieving measurable progress in the
implementation of the ongoing oil sector reforms in line with the mandate of Mr.
President.
Kachikwu's letter to PMB:
Kachikwu's letter to PMB:
Uboshe Uboshe/GEE
ITREALMS ... everything news digitally!
Monday, December 26, 2016
Update on ICANN transparency reporting
Transparency is foundational to the success of a healthy multistakeholder model and even more essential in the post-transition environment. Recognizing this, ICANN has a strategic goal to address transparency, along with accountability and ethics, which are essential and closely related components. While the global Internet community continues its work on ICANN’s and the community’s transparency and accountability through the work of Cross Community Working Group on Enhancing Accountability: Work Stream 2 (CCWG WS2), ICANN as an organization is also making improvements. This includes the implementation of recommendations from the second Accountability and Transparency Review (ATRT2 [PDF, 3.46 MB]) and enhanced reporting on the progress toward related strategic goals.
ATRT2 identified the need for “a report on the broad range of ICANN Transparency issues with supporting metrics to facilitate accountability” and included several additional recommendations for improving transparency. Various transparency enhancements have already been implemented. For example, a comprehensive explanation of ICANN’s Publication Practices is now posted in icann.org and progress reports on implementation of Specific Review recommendations are published on a quarterly basis (see ATRT2, SSR, WHOIS). On a parallel track, ICANN has improved reporting of progress toward strategic goal [PDF, 1.65 MB] to promote ethics, transparency and accountability, included on the Key Performance Indicator (KPI) Dashboard (see goal 5.2).
In addition to these enhancements, ICANN will publish the first Annual Transparency Report before ICANN58 to make it easier for stakeholders to find and understand relevant information about ICANN’s transparency efforts. The report will provide an overview of transparency-related activities from across the organization with the ability to view detailed information, where feasible. The report will cover information included under ICANN’s Publication Practices as well as numerous other activities which demonstrate transparency, such as the published audited financial statements, operating plans and budgets, progress toward addressing the needs of ICANN’s multilingual community, and information about ICANN’s quarterly stakeholder calls.
The ATRT2 recommendations also asked ICANN to analyze the “continued relevance and usefulness of existing transparency metrics [and to] provide recommendations for new metrics.” ICANN has been reporting Key Performance Indicators (KPI’s) using the ICANN KPI Dashboard to measure progress on strategic goals for some time. We are continuously looking for more relevant and meaningful measures as well as improvements to the way we communicate activities and progress. Community feedback is key to making useful improvements. For example, recent community input from ICANN57 will inform the evolution of the Annual Transparency Report as well as the KPI Dashboard. Community members provided useful suggestions such as:
- The development of interactive “drill-down” capability;
- Bringing community activities into the reporting on promoting ethics, transparency and accountability;
- Incorporating ethics awareness training for the community and opportunities for community wide discussions on the topic of measuring progress toward transparency, as well as ethics and accountability.
In line with these suggestions, ICANN is planning enhancements to the current KPI Dashboard to be launched around June 2017.
The work of improving transparency is a continuous exercise in partnership with the global stakeholder community. We have heard community feedback and will continue to analyze and incorporate improvements to enhance the information around the organization’s transparency, and how we measure and report progress made toward our transparency goals.
ICANN is committed to evolving our annual reporting to incorporate new relevant activities – such as the outcomes of community work on WS2, and we look forward to working with the ICANN community to find ways to improve all our transparency efforts.
*Contributed by Theresa
Swinehart, Senior Advisor to the President on Global Strategy, Internet Corporation
for Assigned Names and Numbers (ICANN)
Wednesday, November 30, 2016
Ambode wins transparency, good governance merit award
The Lagos State Governor,
Mr. Akinwunmi Ambode, has emerged winner of the Transparency & Good
Governance Merit Award (TGMA) 2016 of the Citizen Anti Corruption Volunteer
Corps (CACVC), reports ITRealms.
CACVC, ITRealms gathered is a coalition of NGOs fighting corruption in Nigeria.
A press statement made available on Wednesday in Lagos and endorsed by CACVC National
Chairman, Comrade Eze Harris Chuma, said: “Governor Ambode was chosen for the
honour based on his proven track record of providing transparent and exemplary
leadership which has continued to propel Lagos State forward at a time when the
rest of the country is reeling under the weight of a crushing economic
recession.”
He also said that
Governor Ambode would be conferred with the award during a ceremony to be held
at LTV Compound, Agidingbi Ikeja, on December 18, 2016, revealing that the speaker
of the Lagos State House of Assembly, Rt. Hon. Mudashiru A. Obasa, would also
be presented with the Anti-Corruption Ambassadorial Certificate during the
event.
CACVC said that the
Award Keynote Lecture would be delivered by the DG, Change Ambassadors of
Nigeria, Prof. Chris Nwaokobia Jnr., who would speak on the theme, “The Quest
for Good Governance, The Lagos Experience”.
The group said that
there would be other speeches by the likes of Barr.Monday Onyekachi Ubani,
Second Vice President, Nigerian Bar Association (NBA), who would speak on
“Anti-Corruption: Role of Judiciary In Nigeria”, while All Progressives
Congress (APC) Lagos State Publicity Secretary, Engr. Joe Igbokwe, would speak
on “The Raging War Against Corruption As Reinvigorated By APC Government”.
Further, the group
said that Dr. Jude Akagbusum, President, The Institute of Good Governance of
Nigeria, would equally present a paper on “The Menace of Corruption,
Consequences and its Eradication in Nigeria.”
Congratulating
Governor Ambode and Speaker Obasa, the group urged other elected public
officers across the country to emulate their good examples so as to fast-forward
the Nigeria’s ext from the present stifling economic recession.
Oyi Midele/GEE
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Wednesday, August 12, 2015
CBN ready to support e-governance project in Nigeria
ITRealms
The Central Bank of Nigeria said it will not take back bench in the e-governance project in Nigeria as a way of deepening payment system in the country as well as help enthrone transparency and accountability, ITRealms reports.
The CBN Governor, Mr. Godwin Emefiele said, “the CBN is ready to support the e-governance project in Nigeria as a way of deepening payment system in the country as well as help enthrone transparency and accountability. It is in this light that the CBN has been supportive of the FSS2020 project as a way of establishing an international financial centre in Abuja with all the benefits accruable from the establishment like the Dubai model.”
In the report by The Nation, Emefiele called on President Muhammadu Buhari to urgently give presidential assent to three bills passed by the National Assembly concerning Financial Sector Strategy 2020 (FSS 2020).
The CBN boss, ITRealms learnt, made the appeal during the e-Government Summit 2015 in Abuja even as he frowned that the bills had over-stayed on the floor of the National Assembly, adding, the CBN ”pleads with Mr. President to take time out and look at the bills and give them his assent because they will help to move this country forward.”
Represented by the apex bank’s Deputy Governor (Operations), Alhaji Suleiman Barau on the occasion, he said the bills had for seven years been at the National Assembly, saying that the president’s assent to the bills will “pave the way for the establishment of the Nigerian International Financial Centre and other ancillary requirements in line with international best practices”.
The CBN is particularly worried that the bills may be given less attention than they deserve because they were passed during the last days of the 7th National Assembly, ITRealms reports.
Cyriacus Nnaji/ED,OPs
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Pix:The CBN Governor, Mr. Godwin Emefiele
The Central Bank of Nigeria said it will not take back bench in the e-governance project in Nigeria as a way of deepening payment system in the country as well as help enthrone transparency and accountability, ITRealms reports.
The CBN Governor, Mr. Godwin Emefiele said, “the CBN is ready to support the e-governance project in Nigeria as a way of deepening payment system in the country as well as help enthrone transparency and accountability. It is in this light that the CBN has been supportive of the FSS2020 project as a way of establishing an international financial centre in Abuja with all the benefits accruable from the establishment like the Dubai model.”
In the report by The Nation, Emefiele called on President Muhammadu Buhari to urgently give presidential assent to three bills passed by the National Assembly concerning Financial Sector Strategy 2020 (FSS 2020).
The CBN boss, ITRealms learnt, made the appeal during the e-Government Summit 2015 in Abuja even as he frowned that the bills had over-stayed on the floor of the National Assembly, adding, the CBN ”pleads with Mr. President to take time out and look at the bills and give them his assent because they will help to move this country forward.”
Represented by the apex bank’s Deputy Governor (Operations), Alhaji Suleiman Barau on the occasion, he said the bills had for seven years been at the National Assembly, saying that the president’s assent to the bills will “pave the way for the establishment of the Nigerian International Financial Centre and other ancillary requirements in line with international best practices”.
The CBN is particularly worried that the bills may be given less attention than they deserve because they were passed during the last days of the 7th National Assembly, ITRealms reports.
Cyriacus Nnaji/ED,OPs
ITREALMS ... everything news digitally!
Pix:The CBN Governor, Mr. Godwin Emefiele
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