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FG projects N18.3 billion revenue generation by 2026 in e-GOVERNANCE

By Mercy Aikoye

The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani has said the digital economy sector is projected to generate up to N18.3 billion by 2026.

Dr Tijani who said this at a press briefing on the National Digital Economy and e-Governance Bill in Abuja organized by the Senate and House of Reps Committee on Information and Communication Technology (ICT) and Cybersecurity noted that the digital economy has become a key driver of innovation and economic growth as Nigeria recorded about 2 billion dollars in FDI to tech startups in 2023.

Chairman of the Senate Committee on ICT and Cybersecurity, Sen. Shuaib Afolabi Salisu, and his counterpart Hon Stanley Olajide, respectively said the Bill is important being a first attempt to put an omnibus legislation to cater to online activities and crucial legislation that has the potential to transform the nation’s digital economy.

Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, represented by Mr. Emmanuel Edet, an Acting Director in the agency, said the Bill will enhance the use of the digital economy in the entire country, especially in government as well as in the private sector.

The Bill basically tries to ensure that digital technologies are accommodated in our day to day lives and experiences

In another development, the joint committee on the Arbitrary increase in the price of cement led by Honorable Gaza Jonathan from Nasarawa state has threatened an arrest warrant against the management of dangote cement, failure to appear before it on its next hearing.

The special panel while advocating for the downward review of cement prices, expressed worries over the increase in cement prices and the untold hardships it has brought upon many Nigerians.

It however directed the Cement Manufacturers Association of Nigeria CMAN, and the Central Bank of Nigeria CBN, to cause appearances before the committee in the next two weeks to deliberate on measures necessary to address the situation for the benefits of the people.

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