• About
  • Advertise
  • Contact
Friday, May 30, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Economy

Tinubu Advised To Expedite Enactment Of Digital Economy, e-Governance Bill 2024, Receives Report From NIPSS

Vital News by Vital News
February 24, 2025
in Economy, News
0
Tinubu Advised To Expedite Enactment Of Digital Economy, e-Governance Bill 2024, Receives Report From NIPSS
Share on FacebookShare on Twitter

President Bola Tinubu said on Monday in Abuja that the federal government will continue to prioritise the development of the digital economy to enhance youth empowerment and job creation.

The President made the pledge while receiving a report titled “Digital Economy, Youth Empowerment and Sustainable Job Creation in Nigeria: Issues, Challenges and Opportunities,” presented by participants of the Senior Executive Course 46 National Institute for Policy and Strategic Studies (NIPSS), Kuru.

In their eight-point recommendation, the course participants urged the Federal government to expedite the enactment of the Digital Economy and e-Governance Bill 2024 and encourage states to waive the Right of Way fees on deployment of telecoms infrastructure.

The 96 participants also recommended that the President issue an Executive Order mandating all MDAs to migrate to the OneGov.ng portal.

They advocated adopting a Quintuple-Helix Model to promote the digital economy, youth empowerment, and sustainable job creation.

RelatedStories

21 Die, 10 Missing In Niger Flood Disaster

Sidi Ould Tah Elected New President Of AfDB

President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC

Midterm Performance : Taraba State Rated Least In IGR, Good Governance

Other recommendations were promoting long-term funding for the 3MTT scheme, accelerating the transition from IPv4 to IPv6, establishing Digital Health Innovation Hubs across Nigeria, and developing a preventive maintenance application for the nation’s automotive industry.

Responding, President Tinubu directed the Minister of Communications and Digital Economy to coordinate with the group and present their recommendations to the Secretary to the Government of the Federation and the Head of the Civil Service for streamlined implementation.

He Emphasised the importance of youth empowerment through innovation and digital skills development.

President Tinubu said:
“At the core of our administration is youth empowerment. We cannot relent on that, and we need everyone’s collaboration.

“I have listened carefully to your recommendations and the thorough work you did. We will continue to engage the Institute as a resource centre and Think Tank.

“As Nigeria’s foremost policy Think-Tank, you have highlighted the overlap of some government agencies, and we’ll look at that.

“You are an asset to our country, and I thank the participants for their dedication to their studies. We will continue to collaborate with you for the prosperity of our country.”

Highlighting the importance of data in national planning, President Tinubu told the meeting he had earlier met with officials from the National Population Commission (NPC) to discuss the upcoming census.

Prof. Ayo Omotayo, the Director-General of NIPSS, said during the year-long engagement, course participants undertook study tours across Nigeria and abroad, exploring the theme of their study.

“We recognise that in an era where technology drives innovation, Nigeria must aggressively leverage its youthful population to build a thriving ecosystem.

“The opportunities are boundless, from Fintech to Agri-Tech, E-Commerce to Artificial Intelligence.

“However, systemic challenges such as infrastructural deficits, inadequate digital skills, and regulatory bottlenecks must be addressed.

“Our findings highlight the urgent need for targeted policies that foster an enabling environment for startups, enhance access to finance, and expand broadband penetration.

“We believe that with your administration’s continued support, Nigeria will fully unlock the potential of the digital economy and create millions of sustainable jobs for our teeming youth,” he said.

The Minister of Communications and Digital Economy, Bosun Tijani, announced that the Digital Economy Bill, currently before the National Assembly, will undergo public hearings in all 36 states and the Federal Capital Territory (FCT) before its passage in the second quarter of 2025.

According to him, this is the first time legislation will be subjected to such an extensive review.

Regarding Right of Way fees, the Minister disclosed that 11 states have responded to the federal government’s request to waive the charges, a move aimed at facilitating broadband infrastructure expansion.

He expressed optimism that all states in the Federation would comply with this initiative before the end of the second year of the Tinubu administration.

On Nigeria’s progress in internet protocol transition, Tijani stated that the country is on track to become one of the first in Africa to migrate fully from IPv4 to IPv6.

He added that in 2024, the federal government approved a $2 billion investment into 90,000 kilometres of fibre optic cables to ensure nationwide broadband coverage.

This project will have the third-longest fibre network in Africa, following South Africa and Egypt.

According to the Minister, the project has made significant progress, with support from the Ministry of Finance and a $500 million commitment secured by the World Bank.

In his intervention, the Coordinating Minister of the Economy and Minister of Finance, Wale Edun, noted that the ICT sector contributed 16% to Nigeria’s GDP in 2024.

He emphasised the government’s commitment to prioritising the sector as crucial for economic stability and job creation.

He also recalled President Tinubu’s recent meeting with the Chief Executive of Flutterwave, during which the company pledged to support Nigerian youth and SMEs through technology-driven solutions with long-term economic impact.

“Flutterwave is considering listing on Nigeria’s Stock Exchange, and we expect this to strengthen the tech and payments ecosystem further,” he said.
(vitalnewsngr.com)

Tags: digitalEconomyNIPSSReportTinubu
Previous Post

President Tinubu Plans To Set Up Review Committee On Census Budget

Next Post

We Have Strengthened Security Agencies to Meet Emerging Challenges – Tinubu

Vital News

Vital News

RelatedStories

21 Die, 10 Missing In Niger Flood Disaster
Environment

21 Die, 10 Missing In Niger Flood Disaster

May 29, 2025
Sidi Ould Tah Elected New President Of AfDB
Economy

Sidi Ould Tah Elected New President Of AfDB

May 29, 2025
President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC
Economy

President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC

May 29, 2025
Midterm Performance : Taraba State Rated Least In IGR, Good Governance
News

Midterm Performance : Taraba State Rated Least In IGR, Good Governance

May 29, 2025
School Wall Collapses On Students Writing WAEC In Taraba
Education

School Wall Collapses On Students Writing WAEC In Taraba

May 29, 2025
Next Post
We Have Strengthened Security Agencies to Meet Emerging Challenges – Tinubu

We Have Strengthened Security Agencies to Meet Emerging Challenges - Tinubu

Cervical Cancer : Kogi Administers HPV Vaccine On 284,750 Women

Cervical Cancer : Kogi Administers HPV Vaccine On 284,750 Women

Credicorp N20bln Fund Will Assist Nigerians To Own Brand New Vehicles - TMV

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Al-hikmah University Proprietor Awards Scholarship To Children of Late Aboto

3 years ago
Subsidy Removal : Kwara Okays Payment Of N10,000 To Students, Security Agents

Subsidy Removal : Kwara Opens Portal For Students’ Palliative

2 years ago
Nigeria Airforce Female Officer Commits Suicide

Nigeria Airforce Female Officer Commits Suicide

2 years ago
Former Deputy Speaker Of House Of Reps, Emeka Ihedioha Resigns From PDP

Former Deputy Speaker Of House Of Reps, Emeka Ihedioha Resigns From PDP

1 year ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death drugs Economy EFCC Election elections FG Fraud gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security Senate students Tinubu
No Result
View All Result

Highlights

Midterm Performance : Taraba State Rated Least In IGR, Good Governance

School Wall Collapses On Students Writing WAEC In Taraba

Army Armourer, 17 Other Soldiers, 15 Mobile Police Officers, Traditional Ruler Arrested For Selling Arms To Criminals

Islamic Cleric To Die By Hanging For Killing, Stealing N300,000 From Client In Osun

Emefiele Drags FG To Appeal Court Over Forfeiture Of 753 Units Of Houses In Abuja Estate

NDLEA Arrests Two Pilgrims Heading To Saudi Arabia With Cocaine

Trending

21 Die, 10 Missing In Niger Flood Disaster
Environment

21 Die, 10 Missing In Niger Flood Disaster

by Vital News
May 29, 2025
0

The Niger State Emergency Management Agency (NSEMA) has confirmed the death of 21 persons in massive floods...

Sidi Ould Tah Elected New President Of AfDB

Sidi Ould Tah Elected New President Of AfDB

May 29, 2025
President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC

President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC

May 29, 2025
Midterm Performance : Taraba State Rated Least In IGR, Good Governance

Midterm Performance : Taraba State Rated Least In IGR, Good Governance

May 29, 2025
School Wall Collapses On Students Writing WAEC In Taraba

School Wall Collapses On Students Writing WAEC In Taraba

May 29, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • 21 Die, 10 Missing In Niger Flood Disaster May 29, 2025
  • Sidi Ould Tah Elected New President Of AfDB May 29, 2025
  • President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC May 29, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In