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IXPN, NIRA rue revenue loss on local internet content

By Prince Osuagwu

Apparently trying to plug the loss in revenue from local internet contents hoisted outside the country, the Internet Exchange Point of Nigeria, IXPN and its counterpart, the Nigeria Internet Registration Association, NIRA have caused a two day stakeholders forum tagged Local Internet Content Forum, LICF, to arrest the ugly trend.

The forum has already received the blessing of MTN Nigeria who has been announced as the Platinum sponsor.

The two -day forum is scheduled to hold in Lagos from  April 25 through 26 at the Muson Centre Onikan .

Briefing the media in Lagos, Monday, Chief Executive Officer of ,IXPN, Mr. Muhammed Rudman explained that Nigeria was losing lots of money because most telcos are not hoisting contents locally but outside the country.

From his estimate, about 90 percent of local internet contents are hoisted outside Nigeria which means creating wealth to foreign countries with local Nigerian resources.

Rudman tipped the event to facilitate discussions on the issues surrounding local Internet content with the aim of reversing current trends that are not favourable to the Nigerian economy.

He also said that the event would bring together key stakeholders in the Internet ecosystem in Nigeria to dwell on the theme, “Sustaining Local Internet Content, the way forward for Nigeria.”

Also adding views to the issue, chief operating officer, NIRA, Mr. Ope Odusan said that expectations are high as they look forward to welcome Nigerian content community, including those players from the government ministries, departments and agencies, NIRA registrars, telecom companies, financial institutions, tertiary institutions, various professional and trade organizations as well as non-governmental organization (NGOs).

Odusan stressed that there was this patriotic feeling when carrying the Nigeria’s flag in the cyber space which can only be achieved with identifying with the country’s code Top Level Domain (ccTLD) .ng.


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