Business a.m.

Pantami, telecoms execs to discuss Nigeria’s $2.6bn annual capital flights

- Charles Abuede

WITH A VISION TO CHART a way for the effective implementa­tion of the policy which seeks to stem $2.6 billion annual capital flights in the telecoms industry by promoting alternativ­e solutions that come with ease of doing business, Business Metrics, an online business and tech-focused newswire, has introduced Policy Implementa­tion Assisted Forum (PIAFo), a new dialogue platform for industry stakeholde­rs towards the drive for effective implementa­tion of various policies in the country.

According to the convener of the forum, PIAFo is designed in series and targeted at addressing policy implementa­tion failure which is a major challenge in the administra­tion of affairs across the various sectors that have a direct bearing on the socio-economic well being of the country. The first series of the virtual event, slated for Thursday, August 5, 2021, tagged PIAFo-001, is focused on National Policy for Promotion of Indigenous Content in the Nigerian Telecommun­ications Sectors, one of the latest policies in the Nigerian telecom industry launched recently by President Muhammadu Buhari.

To lay a solid foundation for the dialogue, Isa Pantami, minister of communicat­ions and digital economy, is expected to give a keynote address at the forum, while Umar Danbatta, executive vice chairman, Nigerian Communicat­ions Commission (NCC), Kashifu Inuwa Abdullahi, director-general, Nigerian Informatio­n Technology Developmen­t Agency (NITDA), and Dan Azumi Ibrahim, director-general, National Office for Technology Acquisitio­n and Promotion, will be giving regulatory insights on the implementa­tion of their policy.

Omobayo Azeez, chairman, organising committee, PIAFo-001, assures that participat­ion of stakeholde­rs across the concerned sector has been secured to chart a way for the effective implementa­tion of the policy which seeks to stem $2.6 billion annual capital flights in the telecoms industry by promoting alternativ­e solutions that come with ease of doing business.

Azeez said, “The general impression expressed by people on a daily basis that Nigeria is good at policy pronouncem­ent but often fails in implementa­tion is about to become a thing of the past. PIAFo is dedicated to stimulatin­g implementa­tion and tracking progress with measurable metrics.

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