WORK HARDER TO DEVELOP REVENUE-GENERATION POTENTIAL OF NIGERIA’S IT SECTOR – BUHARI TELLS MINISTRY

President Muhammadu Buhari Tuesday in Abuja
directed the Ministry of Communications Technology to
work harder to fully develop the revenue-generation
potential of Nigeria’s information technology sector.
Speaking after receiving a briefing from the Permanent
Secretary of the Ministry, Dr. Tunji Olaopa, President
Buhari also directed the Ministry to bring forward for
his consideration and approval, all pending proposals
for the development of the country’s IT sector which
require the approval of the Federal Executive Council.
“Where you don’t need EXCO approval and you are not
in breach of the law and will not lose money, you can
go ahead. Now that oil costs less and we are
contending with its theft, we have to move to areas
where we can realize revenue quickly,” the President
said.
President Buhari welcomed the plan by the Ministry to
use post-offices across the country for IT and financial
transactions especially in the rural communities,
saying that he was happy to hear that “we are
recovering the post offices from rats and rodents.”
The President also asked for a comprehensive report
on the sale of the Nigerian Telecommunications
Company (NITEL), saying that he was concerned by the
continuing protests of former NITEL employees and
other Nigerians over the manner in which assets of the
company were sold.
The Ministry’s presentation to the President dwelled
heavily on the potential of the IT sector which, Dr.
Olaopa said, contributes 10 percent of the country’s
Gross Domestic Product, GDP, but could grow to 20
percent if some proposals by the Ministry are approved
and implemented.
Garba Shehu
SSA to the President

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