NITDA bill not to regulate telecoms business - NITDA

She disclosed that NITDA only regulates information technology for development and does not intend to regulate telecommunications operators.The PUNCH had reported that telecommunications operators under the aegis of the Association of Licensed Telecommunications Operators of Nigeria had kicked against their inclusion in the regulation by the NITDA Bill and asked the National Assembly to exclude them from any regulatory powers that will be given to NITDA through the new bill.

ALTON posited that the bill, if passed, will duplicate the regulatory activities of the Nigerian Communications Commission.Umar said, “NITDA does not seek to regulate telecoms business, rather, we regulate Information Technology for development. The only place in the Bill that involves telcos is the payment of the National Information Technology Development Fund. Our Head of Legal and Board matters, Barr. Emmanuel Edet has confirmed that they will be excluded.”All rights reserved.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stakeholders chart path to digital security, financial fraud reductionExperts have called on financial technology companies (fintech) and related industry players to pay more attention to digital security and enhance the same to protect not just their businesses but also customers’ funds from rising fraud. Speaking at the Vanguard/Economic Forum Series’ Fintech: Cybersecurity and Fraud Summit, a panel which had the Chief Technology Officer (CTO) of PalmPay, Mayowa Adeosun; ICT Security expert and government policy affairs advocate, Dr. Chukwuemeka Ujam; Chief Risk Officer, eTranzact International Plc., Edward Onyenweaku and moderated by the CEO, Billsbox, Dr. Monday Ashibogwu, x-rayed the future of financial fraud and digital security.
Source: GuardianNigeria - 🏆 1. / 94 Read more »