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Business News

State governors finally agree to reduce RoW Charges for Telcos 

The state governors of the federation have unanimously agreed to reverse the increase in the Right of Way (RoW) charges.

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FAAC, IGR, Fiscal federalism in Nigeria, NEC Inauguration, Bailout Fund: FG begins deduction of N614 billion from states’ allocation in 2 weeks , Ekiti, Enugu, Bayelsa, 12 others attract no investment in 1H , States’ debt stock, Fiscal federalism

The state governors of the federation have unanimously agreed to reverse the increase in the Right of Way (RoW) charges from the planned N6, 000 to N145 per linear metre.

The agreement came after a meeting between the state governors and the Minister of Communications and Digital Economy, Dr Isa. Pantami.

NCAA, Telecom masts, Why Nigeria’s Data woes may not end soon 

The governors have been under pressure from the Federal Government and telecommunication companies to harmonise their charges with that of the Federal Government.

Recall Nairametrics reported that about 14 states had increased RoW charges from the initial fee of between N300 to N500 per linear metre to between N3,000 and N6,000 per linear metre.

Although some states have reversed the charge, other states have refused to do same and as such, they were no longer issuing RoW licences to telcos.

[READ MORE: Reps to engage EFCC against Telcos over alleged N200 billion NITDA debt)

The Association of Licensed Telecoms Operators of Nigeria (ALTON) Chairman, Mr Gbenga Adebayo, who was present at the meeting, commended the Nigerian Governors’ Forum (NGF) and hailed the minister for intervening in the matter, ThisDay reports.

He disclosed that prior to now, he had written to the minister to seek his intervention to save the telecoms sector. He expressed excitement at the new decision reached during the meeting and said that he hoped all 36 states were unified on this agreement.

He further advised the governors to look more at the social and economic benefits of ubiquitous broadband penetration, than their Internally Generated Revenue (IGR) from RoW charges.

What you should know: The Right of Way (RoW) charges refer to fees paid by telecommunications operators to the government for permission to install some of their infrastructures.

Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - [email protected]

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Business News

NCC signs MoU with NigCOMSAT for 5G services in Nigeria

The NCC announced that it has signed an MoU for the use of the C-Band Spectrum to boost 5G services in Nigeria with the NigComSat Ltd.

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Dear Nigerians, the 5G Network is not a conspiracy theory

The Nigerian Communications Commission announced that it has signed an MoU for the use of the C-Band Spectrum to boost 5G services in Nigeria with the Nigerian Communications Satellite Limited.

This was declared in a statement by the NCC on Tuesday.

What the NCC is saying

“In recent times, precisely from the last quarter of 2019, several administrations have begun to license Spectrum for commercial deployment of 5G. Today, 5G services have already been deployed in the United States of America, South Korea and many more countries

Telecommunication evolution from inception to date has led to improvement in user experience witnessed from 2G, 3G and later 4G. The global impact of 4G brought about increases in mobile usage and network performance.

5G will build on this momentum, bringing substantial network improvements, including higher connection speeds, mobility and capacity, as well as low-latency capabilities.

The NCC added that 5G will also provide massive machine-type communications, where a lot of devices will seamlessly connect and independently interact with the internet without human intervention.

5G’s full socio-economic impact is dependent on access to a variety of spectrum resources.” NCC Boss, Prof. Akande said.

What you should know

Broadband and Internet penetration has been gaining some steam lately in Nigerian telecoms circles as Nairametrics reported earlier this week that the Federal Government through the Federal Ministry of Communications and Digital Economy revealed a joint project between the FG and Microsoft for the development of high-speed internet infrastructure across the six regions in the country.

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Business News

Labour set for showdown with FG, rejects plan to reduce salaries

The NLC president demanded an increase in the remunerations and allowances of Nigerian workers.

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Minimum wage, NLC, Looting by former governors blocks excuses for new minimum wage 

The Organised Labour appears set for a showdown with the Federal Government as they have condemned and rejected the government’s plan to cut down salaries of Nigerian workers.

This follows the recent statement credited to the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, in which she revealed the Federal Government’s plan to reduce the cost of governance by cutting down workers’ salaries.

This disclosure was contained in a statement issued by the President of the Nigeria Labour Congress (NLC), Ayuba Waba, on Wednesday in Abuja, in which he expressed shock and noted that the plan was tantamount to a mass suicide wish for Nigerian workers.

What the NLC President is saying

Waba in his statement said, “The minister also allegedly directed the National Salaries, Incomes and Wages Commission (NSIWC), to immediately review the salaries of civil servants as well as the number of federal agencies in the country.

It is most unthinkable that the government would be contemplating to unilaterally slash the salaries of Nigerian workers at this time.

He added that “The question to ask is which salary is the government planning to slash? It certainly cannot be the meager national minimum wage of N30, 000, which right now cannot even buy a bag of rice.”

The NLC President said that he believed the proposed salary slash was certainly not targeted at the minimum wage and consequential adjustment in salaries that some state governors were still dragging their feet to pay.

He said that the multiple devaluations of the Naira in a short time, and the prevailing high inflation rate in Nigeria had negatively impacted on the salaries earned by Nigerian workers across the board.

He said, “Nigerian workers are only surviving by hair’s breadth. Indeed, Nigerian workers are miracles strutting on two legs.

“It is, therefore, extremely horrendous for a minister of the Federal Republic of Nigeria to pronounce salary slash for Nigerian workers currently. This call for salary slash by Mrs Zainab Ahmed is tantamount to a “mass suicide” wish, for Nigerian workers.”

While demanding an immediate retraction and apology by the Minister of Finance, the NLC president, however, said that if there was any salary that needed serious slashing, it was the humongous remuneration and allowances pocketed by political office holders in Nigeria, who did extraordinarily little but collected so much.

Wabba said, “Workers generate surplus value and revenue for the government. We do not constitute any unnecessary cost or burden to governance. It is also important to make the point that salaries are products of contracts governed by laws. They cannot be unilaterally adjusted.”

This move is not only at great odds with global best responses to the COVID-19 pandemic but also in violation of relevant ILO Conventions and Declarations on Wages and Decent Work. We urge the government as a social partner to quickly respond to the demands by Labour for an upward review of salaries of all Nigerian workers.

Nigerian workers have shown sufficient understanding with the government through the tough patches of the pandemic. Now, Nigerian workers demand reciprocity of our understanding. Nigerian workers demand an increase in their remunerations and allowances.”

Jaiz bank
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