The Nigerian space satellite provider, Nigerian Communications Satellite (NIGCOMSAT) Ltd, has thrown its weight behind the 26th national conference of the Nigeria Computer Society (NCS) with the provision of broadband connectivity during the event.

The House of Representatives on Thursday, mandated its Committee on Telecommunications to investigate the proposed auctioning of 2.6GHz spectrum by the Nigeria Communication Commission(NCC).

Leading global professional services company, Accenture has declared that the information and communication technologies (ICT) sector can play a vital role in helping achieve the objectives of the United Nations 17 Sustainable Development Goals (SDGs) by 2030. In its latest study prepared for the Global e-Sustainability Initiative (GeSI), it said that the ICT through digital solutions would drive the progress of the SDGs with special focus on improving lives, fostering growth and environmental protection.

If we don’t address it, it will be a setback for us. It’s good to celebrate successful moguls like Dangote, Elumelu and others; they are billionaires, which is fine. But the true motivation is to have a situation where a billion Naira is spread over a million entrepreneurs. Each will then have access to N1m to invest in their respective ideas. I believe the impact will be more significant and inclusive. I am not advocating that you give out money to people as a gift, but give them to start a business from which they will pay back and uplift others.

Nigeria’s economy over the years has been predicated upon crude oil production and sales. But going by current realities, oil is no longer a viable economic mainstay. Globally, the price has continued to nosedive and economies which made the mistake of putting their eggs in one basket are quickly looking for a way out. Diversification, has however, been identified as the viable solution and that is where Nigeria is headed. Eventually, knowing what to diversify into is as important as the diversification itself.