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*X-raying Key Reforms in Nigeria’s Communication Sector* By Attah Adadu

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*X-raying Key Reforms in Nigeria’s Communication Sector* By Attah Adadu

*X-raying Key Reforms in Nigeria’s Communication Sector*

By Attah Adadu

 

Nigeria’s communication sector, once a sluggish behemoth plagued by inefficiency and disarray, has witnessed a remarkable metamorphosis in recent years. This revitalization, a symphony of bold reforms and strategic vision, owes much to the leadership of the astute Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr Aminu Maida.

 

 

*X-raying Key Reforms in Nigeria’s Communication Sector*
By Attah Adadu

 

 

One of the notable reforms spearheaded by the current EVC and the Ministry of Communication is the focus on digital transformation and expanding connectivity across the nation. The deployment of advanced technologies, such as 5G networks, has the potential to revolutionize various industries, enhance communication capabilities, and bridge the digital divide. These initiatives are known to be crucial in fostering economic growth, empowering individuals, and positioning Nigeria as a leader in the global digital economy.

Prior to Maida’s tenure, broadband penetration in Nigeria hovered around a dismal 22%, throttling progress across sectors. Recognizing this as a crucial bottleneck, Maida spearheaded the ambitious National Broadband Plan (NBP) 2020-2025. This plan, a masterclass in inclusivity, aims to cover 90% of the population with affordable broadband by 2025. The results are astounding: broadband penetration shot up to 45% in just two years, a testament to the plan’s efficacy. Villages and towns, are now connected to the world, empowering education, healthcare, and entrepreneurship.

The current leadership understand that to ensure a dynamic and competitive communication sector, regulatory frameworks must evolve alongside technological advancements. In view of this, they demonstrated a commitment to this by reviewing and updating existing policies to align with global standards. By providing a supportive regulatory environment, entrepreneurs and innovators are encouraged to invest in the sector, driving innovation, job creation, and economic growth.

Spectrum, the invisible yet vital resource for all wireless communication, was once shrouded in opacity and controversy. Enter Maida, who ushered in a new era of transparent and efficient spectrum auctions. The 5G spectrum auction of 2021, meticulously conducted under his watch, generated a staggering $2.7 billion, a record-breaking feat that drew global acclaim. This windfall is being wisely channeled into infrastructure development and digital literacy programs, further propelling the sector forward.

Without neglecting the sensitivity of Cyber security and Data Privacy in an increasingly digital world, where the need for robust cybersecurity measures and data privacy regulations cannot be overstated, the current leadership in the Ministry of Communication has prioritized these areas, recognizing and proffering solutions to the potential risks associated with technological advancements. This was achieved by implementing stringent cybersecurity protocols and advocating for data protection. The EVC and the Ministry of Communication are ensuring that Nigeria’s communication infrastructure remains secure and that individuals’ privacy rights are safeguarded.

Further recognizing the importance of local content and innovation, the EVC and the Ministry of Communication have placed a strong emphasis on empowering Nigerian businesses and individuals. Initiatives such as the establishment of innovation hubs, incubation programs, and support for local startups have provided a platform for creativity and entrepreneurship to thrive. This focus on local talent not only drives economic growth but also ensures that Nigerians actively participate in shaping the future of the communication sector.

Maida doesn’t just clear hurdles; he builds springboards. Recognizing the power of local innovation, he established the N-VEST Fund, a N20 billion pot of gold specifically dedicated to nurturing Nigerian tech startups. This bold initiative fosters homegrown solutions to local problems, empowering a new generation of digital entrepreneurs. Additionally, under his leadership, the NCC created regulatory frameworks that incentivize investment in research and development, ensuring Nigeria doesn’t just consume technology, but actively contributes to its evolution.

In a sector notorious for exploitative practices, Maida stands as a staunch advocate for consumer rights. The Mobile Number Portability (MNP) initiative, championed by him, empowers users to switch networks seamlessly, fostering price competition and improved service quality. Furthermore, the establishment of the Consumer Affairs Bureau within the NCC provides a dedicated platform for resolving consumer complaints, ensuring justice and fair treatment for all Nigerians.

As it’s known that the success of any sector relies on collaboration and partnerships, both locally and internationally, the current leadership has actively engaged with stakeholders, including industry players, international organizations, and foreign governments, to foster meaningful collaborations. These partnerships enable knowledge sharing, technology transfer, and capacity building, ultimately benefiting the Nigerian communication sector and positioning it for greater success on the global stage.

Like any journey, the road to a fully digitized Nigeria is fraught with challenges. Issues of infrastructure deployment in rural areas, bridging the digital divide, and ensuring data privacy and cybersecurity remain formidable hurdles. However, Maida’s unwavering vision and commitment to inclusive development offer a powerful counterpoint. His collaborative approach, fostering partnerships with government agencies, private sector players, and civil society, ensures that all stakeholders have a seat at the table, crafting solutions that are sustainable and truly serve the needs of all Nigerians.

The recent developments In Nigeria’s communication sector under the leadership of the current EVC and the Ministry of Communication have been transformative. From infrastructure development to digital inclusion, regulatory reforms to cybersecurity, and e-government initiatives to collaboration and partnerships, the sector has witnessed remarkable progress. These reforms have not only improved connectivity and access to digital services but have also contributed to Nigeria’s socio-economic growth, job creation, and overall development.

Beyond statistics and policies, Maida’s leadership has instilled a newfound spirit of optimism within the sector. From rural farmers accessing vital market information to young tech minds brimming with innovative ideas, the potential for growth and transformation is palpable. Dr Aminu Maida is not just steering the ship; he is building a lighthouse, guiding Nigeria towards a future where communication empowers, connects, and propels every citizen towards a brighter tomorrow. This This true story that’s not just of reform, but of revolution, an X-ray that reveals the vibrant bones of a sector reborn, ready to lead Nigeria into the digital age.

As we celebrate these achievements, it is crucial to sustain the momentum, great innovators like Maida, and continue investing in the communication sector, so as to unlock its full potential for the benefit of all Nigerians.

Adadu writes from 3rd Eye Dimension, United Kingdom.

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ST Team Lead, Trust Otorudo Allays Fear Of Permanent Restrictions On CBEX Trading Platform

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ST Team Lead, Trust Otorudo Allays Fear Of Permanent Restrictions On CBEX Trading Platform

ST Team Lead, Trust Otorudo Allays Fear Of Permanent Restrictions On CBEX Trading Platform

ST Team of CBEX, CryptoBridge Exchange, has appealed to all their investors to stay calm after the recent restrictions on the withdrawal mode of the platform.

A message from the team lead of the ST trading platform, Mr. Trust Oturudo reads; “I trust you are all fine. I am fully aware that you are surprised with the happenings of recent in the ST Team.”

According to Mr Trust Otorudo, Head of Staff, ST Team, Africa “firstly the reason for season 7 rewards were; One of the major goals of the team this year is to ensure that every none VIP members earn at least 10,000 USDT per month while every VIP member earns 100,000 USDT.

Two, by May 21st 2025, the ST Team will be launching into the Asian market, in order to bridge the financial gap between already existing users of African origin and the incoming Asian team.”

According to him, these are more deliberate aim and plans to uplift users financially.

On why there are temporary modifications on how withdrawals are to be placed between now and April 15?

Mr Otorudo said; “remember the whole foundation of this project is hinged on a Win-Win-Win? You as an investor, CBEX the exchange provider, and ST Team the providers of the signals. But most people are focused only on their own benefit, many users immediately after they saw the bonus they greedily started placing withdrawals, such withdrawals are untoward as they will thwart the Win-Win-Win philosophy of the team.”

“Others immediately began placing unnecessarily personal trades just to increase their trading volume just to cheat the system in a bid to earn more.”

“But i can assure you that by Tuesday morning 00.00 hours UK time there will be seamless withdrawals.”

“Do not panic as everything is in place to make you benefit in line with the Win-Win-Win aim. Please remain calm.”

“As your team leader and the Head of ST Team Staff, Africa, I say to you: Do not be afraid.”

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VANGUARD AWARDS OLAKUNLE WILLIAMS THE ENERGY ICON OF THE YEAR: CELEBRATING THE TIGER OF THE ENERGY SECTOR IN AFRICA

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VANGUARD AWARDS OLAKUNLE WILLIAMS THE ENERGY ICON OF THE YEAR: CELEBRATING THE TIGER OF THE ENERGY SECTOR IN AFRICA

BY CHINEDU NSOFOR

Olakunle Williams, the Chief Executive Officer of Tetracore Energy Group, has been honored with the prestigious Vanguard Energy Icon Award 2025. This accolade recognizes his outstanding contributions to the African energy sector and his visionary leadership in driving innovation and sustainable growth.

A Visionary Leader Transforming Africa’s Energy Landscape

Under Williams’ guidance, Tetracore Energy has emerged as a leading energy solution provider, boasting a natural gas portfolio exceeding 75 million standard cubic feet per day (MMScfd) for industrial use and energizing over 300 megawatts (MW) of power generation in Nigeria. His strategic focus on clean and cost-effective energy solutions aligns with Africa’s aspirations for a sustainable future, positioning him as a pivotal figure in the continent’s energy narrative.

Pioneering Gas Innovation and Strategic Collaborations

Williams’ commitment to innovation is exemplified by Tetracore’s recent collaboration with Dangote Cement to supply up to 400,000 standard cubic meters per day of Auto Compressed Natural Gas (Auto-CNG) for its logistics operations. This partnership marks a significant step towards achieving the goals of President Bola Ahmed Tinubu’s Presidential CNG Initiative (Pi-CNG), highlighting Williams’ role in advancing Nigeria’s energy transition.

Accolades Reflecting Excellence

Olakunle Williams’ remarkable leadership, visionary drive, and consistent dedication to transforming Africa’s energy landscape have earned him several prestigious accolades both locally and internationally. In 2022, he was honoured with the Nigeria Domestic Gas Ambassador Award by the Nigeria Gas Association in recognition of Tetracore’s outstanding commitment to deepening domestic gas utilization across Nigeria. This was closely followed in 2023 by the Innovative Gas Company of the Year Award presented by the Nigeria Gas Investment Forum, celebrating Tetracore’s pioneering contributions to innovation within the gas industry. His transformative leadership qualities were further acknowledged in 2021 when he received the Energy Personality Leadership Prize for African Leadership Excellence, highlighting his role in reshaping the African energy sector. Williams’ growing influence was also solidified when the African Energy Chamber listed him among the 25 Energy Personalities to Watch in 2022, positioning him as one of the most dynamic leaders shaping Africa’s energy future. In 2023, The Guardian Nigeria further amplified his reputation by featuring him among Nigeria’s 50 Most Inspiring and Definitive Top CEOs in its Annual CEO Series. His exceptional contributions to leadership and corporate governance earned him the Professional Doctorate and Corporate Leadership Excellence Award in 2025, conferred by the Chartered Institute of Public Resources Management and Politics (Ghana). In the same year, he bagged the Innovative Sustainable Energy Provider of the Year Award at the Nigerian Business Leadership Awards (NBLA), organised by BusinessDay, for his strategic and sustainable energy solutions. Notably, Williams’ continental impact was recognized with the CHOISEUL 100 Africa’s Economic Leaders Award, celebrating his outstanding role in shaping Africa’s economic and energy landscape and affirming his position as a key figure in Africa’s development story.

An Illustrious Career Dedicated to Energy Advancement

With over 16 years of experience across the natural gas and power value chains, Williams’ career includes roles such as Consultant on the Energy desk at Deloitte Nigeria and leading Commercial Advisor at the Nigerian Gas Company Limited. His academic credentials include a Master of Business Administration from the University of Bradford School of Management (UK), and he is a Project Management Professional, Chartered Management Accountant, and Fellow of the Institute of Management Consultants. Williams is also a member of several professional bodies, including the International Bar Association (IBA), Chartered Institute of Taxation (CITN), and the Institute of Arbitrators (UK).

Driving Sustainable Energy Solutions

Tetracore Energy, under Williams’ leadership, has significantly expanded its natural gas portfolio in alignment with Nigeria’s ‘Decade of Gas’ initiative and the country’s Energy Transition Plan (ETP). The company’s focus on projects that impact industrialization and energy access includes a long-term contract to supply up to 40 MMScf/d of gas to the Rongtai Industrial Park in Edo State and 60 MMScf/d of natural gas to the Niger Delta Power Holding Company (NDPHC), supporting 34% of electricity generation to the Nigerian grid.

A Legacy of Excellence

Olakunle Williams’ recognition as the Vanguard Energy Icon 2025 is a testament to his unwavering dedication to excellence, innovation, and sustainable development in Africa’s energy sector. His recognition as a CHOISEUL 100 Africa’s Economic Leader and BusinessDay’s Innovative Sustainable Energy Provider of the Year further solidify his position as one of Africa’s most influential figures in the sector. Williams’ leadership continues to inspire and drive progress, earning him a reputation as the “Tiger of the Energy Sector” in Africa. The Vanguard Recognition/Vanguard Award further solidifies his legacy as a transformative and visionary force in shaping Africa’s energy future.

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APPRECIATING TINUBU’S PENCHANT FOR EXCELLENCE IN BUDGETING

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*APPRECIATING TINUBU’S PENCHANT FOR EXCELLENCE IN BUDGETING*

By Okanga Agila

The Budget Office of the Federal Republic of Nigeria operates under the guidance of the Federal Ministry of Finance and Economic Planning. Over the years, the Office has witnessed numerous leadership transitions—often abrupt and inconsistent—leading to underperformance, infrastructural decay, and an erosion of professionalism. Leadership struggles and industrial unrest were further compounded by partisanship and blatant disregard for established procedures. Staff postings were dictated more by personal preferences than institutional needs, resulting in a disoriented system that drifted far from its mandate.

At its lowest point, the Budget Office had deviated from being a cornerstone of national development to a platform marred by inefficiency and weakened leadership. It became symbolic of bureaucratic lethargy and a conduit for underwhelming outcomes.

This dismal trajectory began to reverse when President Bola Ahmed Tinubu, known for his knack for spotting talent and assigning responsibilities to the most capable hands, appointed Tanimu Yakubu as Director-General of the Budget Office of the Federation. A respected economist and former Chief Economic Adviser to President Umaru Musa Yar’Adua, Yakubu brought to the role the intellectual depth and administrative acumen needed to drive transformational change.

Under his leadership, the country has witnessed a marked turnaround in budgetary performance. Sound economic reforms and a focus on sustainable growth have contributed to stabilizing an ailing economy. A significant part of this transformation is attributable to a restructured and inclusive budgetary process that emphasizes team spirit, delivery, and responsiveness to the needs of citizens.

Yakubu has streamlined the budget planning and allocation system, ensuring that national resources are channelled toward addressing real economic gaps. His approach is both focused and people-centred, leading to strategic outcomes such as a reduction in inflation—from 34% to 15% in 2025—and a steady improvement in economic indicators.

Among his most notable innovations is the enhanced monitoring of projects, supported by the engagement of consultants to ensure cost-effective and durable implementation. These measures have built investor confidence and encouraged both local and foreign investments.

His reform agenda also includes a redefinition of agricultural investment. By opening up previously untapped opportunities and portfolios, food security has been bolstered through widespread bumper harvests, contributing to the reduction of food-related inflation.

The Budget Office, under Yakubu’s direction, has adopted policies that prioritize poverty alleviation and disaster response. Strategic reallocations—such as N120 billion earmarked for flood mitigation and support to public hospitals—have ensured that underserved populations gain access to life-saving medicines, including for conditions like tuberculosis and HIV.

Furthermore, Yakubu’s organizational restructuring of the Budget Office has significantly improved staff performance and internal coordination. His strategic foresight in identifying inflationary triggers and implementing countermeasures has helped stabilize the economy. Today, Nigeria not only enjoys steady revenue growth and increased foreign reserves (now exceeding $42 billion) but has also surpassed its oil production targets—reaching over 2.6 million barrels per day, with an initial boost of 130,000 barrels per day.

A distinguished alumnus of Wagner College, Yakubu anchors his policy direction on promoting fiscal sustainability, transparency, and accountability in public finance management. He is widely recognized for his results-driven, inclusive leadership style that inspires and empowers staff across the Office’s six operational departments and seven units. This collaborative environment has led to impressive improvements in the functions of departments such as Revenue/Fiscal Policy, Social and Economic Expenditure, Budget Monitoring and Evaluation, Human Resource Management, and Finance and Accounts.

By fostering interdepartmental synergy, Yakubu has achieved a high-performance culture. His strong communication skills and motivational leadership have unified the workforce, enhancing productivity and accountability at all levels.

Yakubu’s crowning achievements include the development of a forward-looking economic blueprint aligned with the government’s development priorities and the establishment of a state-of-the-art ICT Centre at the Budget Office. His commitment to staff welfare, transparent monitoring systems, and project tracking has ensured a more efficient and impactful budget performance across Ministries, Departments, and Agencies.

Indeed, Tanimu Yakubu stands as a clear testament to President Tinubu’s commitment to excellence and meritocracy. His appointment has brought about a necessary transformation in the Budget Office, catalyzing economic stabilization and laying a firm foundation for national development and prosperity.

Okanga writes from Agila, Benue State.

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