• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Tech News

VP Osinbajo says 120 million Nigerians now use telecom services

Calls on Vietnam for collaborations in tech and agriculture

Samson Akintaro by Samson Akintaro
December 6, 2022
in Tech News
Nigeria has improved 4G coverage from 23% to 77.52% — Osinbajo
Share on FacebookShare on TwitterShare on Linkedin

Nigeria’s Vice President, Prof. Yemi Osinbajo, has said that telecoms penetration in Nigeria is one of the deepest in any developing country.

According to the Vice President, close to 120 million Nigerians now use one telecom service or the other.

He stated this on Monday at a bilateral meeting in Vietnam, where he sought the collaboration of the Vietnamese government in the digital economy space.

RelatedStories

All DisCos exceeded their ATC&C loss targets in Q3 2022 and Q4 2022 - report

Osinbajo commissions Afam 3 fast power 240 MW turbine in Rivers state

May 9, 2023
The 3 pathways that can boost climate-positive growth in Africa - Osinbajo

The 3 pathways that can boost climate-positive growth in Africa – Osinbajo

April 26, 2023

During the meeting with his Vietnamese counterpart, Võ Thị Ánh Xuân, at the Presidential Palace in Hanoi, Osinbajo acknowledged both countries’ market potentials in digital economy, telecommunications, agriculture (especially cashew nut processing) and trade.

Opportunities for collaboration: According to a statement issued by the VP’s Spokesperson, Laolu Akande, Prof. Osinbajo spoke extensively about the immense opportunities that exist and the need for both countries to collaborate. He said:

  • “There are vast opportunities that exist for cooperation and collaboration, especially in the area of digital economy and telecoms, and we look forward to the signing of some of the agreements that we have spoken about – the trade and investment agreements, trade projection agreements, double taxation agreements.”
  • “We think that there are opportunities for collaboration between Nigeria and Vietnam, especially in the “Digital Economy space. We also have a growing telecoms market, possibly one of the deepest penetrations of telecoms in the developing world. We have close to 120 million of our citizens who have put to use telecom equipment or devices. And also, broadband connectivity is vastly improved. We hope that by 2025, we will have broadband connectivity for all of our over 200 million people.” 

Osinbajo further noted that despite the COVID-19 disruptions and other events that have adversely affected the economy, Nigeria has been able to, over the past few years, build valuable companies that are engaged in fintech and e-commerce.

Agriculture collaboration: Prof. Osinbajo also called for collaborations between Nigeria and Vietnam towards boosting food security.

  • “Given the food crisis that the world faces today, and is likely to continue facing even in the coming years, I like to say that the way forward is for our countries to collaborate. For instance, establishing cashew processing plants in Nigeria. What has happened in the past was the export of raw cashew, but at this point, we are concerned about value addition. We will like to see value addition.”

While noting that Vietnam has significant advantages and experience in the area of cashew processing, he called for the establishment of cashew processing in Nigeria, saying this would enable the country to add value to raw cashew and both countries would derive benefits from the value chain.

Vietnam’s response: On her part, the Vietnamese Vice President commended Nigeria’s leadership role in the ECOWAS sub-region and Africa generally, especially in the peaceful resolution of disputes based on international laws, and in the handling of the COVID-19 pandemic.

  • She expressed confidence in Nigeria’s capability to resolve challenges confronting the continent and sub-region and sought the country’s support for Vietnam’s quest to establish relations with ECOWAS.
  • She also spoke about the advance of digital transformation in Vietnam, and also stated the country’s commitment to the global energy transition, adding that her country would continue to work with Africa to meet its aspirations in agriculture, clean energy and digital penetration.

 


Follow us for Breaking News and Market Intelligence.
Tags: Prof. Yemi Osinbajotelecom services
Samson Akintaro

Samson Akintaro

Samson Akintaro is a tech enthusiast and has over a decade experience covering and writing about the tech industry. He is currently the Tech Analyst at Nairametrics.

Related Posts

All DisCos exceeded their ATC&C loss targets in Q3 2022 and Q4 2022 - report
Breaking News

Osinbajo commissions Afam 3 fast power 240 MW turbine in Rivers state

May 9, 2023
The 3 pathways that can boost climate-positive growth in Africa - Osinbajo
Business News

The 3 pathways that can boost climate-positive growth in Africa – Osinbajo

April 26, 2023
Side by Side Comparison; What is the best office building on Alfred Rewane road, Ikoyi
Real Estate and Construction

What’s the best office building on Alfred Rewane Road, Ikoyi?

April 21, 2023
Vice President Osinbajo says cashless policy will help track election financing 
Energy

Africa must leverage renewable energy, skills and green manufacturing to tackle climate change – Yemi Osinbajo

March 30, 2023
Nigeria’s active mobile subscriptions rise by 15% to 226.8 million in February 2023
Sectors

Nigeria’s active mobile subscriptions rise by 15% to 226.8 million in February 2023

March 29, 2023
Osinbajo says $50 billion diesel spent in sub-Saharan Africa produces more energy than grid of 17 countries in the region
Energy

Osinbajo says $50 billion diesel spent in sub-Saharan Africa produces more energy than grid of 17 countries in the region

March 27, 2023
Next Post
ASUU,

ASUU accuses FG of planned introduction of various charges in public universities

Leave a Reply Cancel reply

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

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Single-Digit Inflation, Tier 3 Banks, and Why You Can’t Fight African Governments – Drinks & Mics
  • Norway to raise minimum salary requirements for foreign workers seeking permits from September 1
  • South Africa to launch AI-driven digital visa system for tourists in September 2025 

Follow us on social media:

Recent News

Single-Digit Inflation, Tier 3 Banks, and Why You Can’t Fight African Governments – Drinks & Mics

Single-Digit Inflation, Tier 3 Banks, and Why You Can’t Fight African Governments – Drinks & Mics

June 14, 2025
Norway’s job market offers international workers opportunities due to skill shortages  

Norway to raise minimum salary requirements for foreign workers seeking permits from September 1

June 14, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics