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ATCON President, Olusola Teniola

What True Broadband Will Do For Nigerians – Olusola Teniola, President, ATCON

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President, Association of Telecoms Companies of Nigeria (ATCON), Olusola Teniola said recently in Lagos that Broadband or high speed internet will impact on our lives in ways we can ever imagine.

According to him, “One of the sectors that Broadband has impacted is the banking sector as the sector can now boast of 23% bank account penetration through 107% telephone and 55% internet penetration. We are confident that other sectors like agriculture, insurance, health, food and beverages, etc can be turned around if all these industries adopt digitalization, the same way the banking sector got transformed through the infusion of ICT in their service delivery process.”

“Broadband will create employment in various sectors, the one important part of this is the employment of our Youth and the support of Local Content within the ICT industry. NCC’s active support of ONC going forward is sought as a platform for the contribution of our burgeoning youth.”

As we know, broadband is an enabler of economic growth. In the 21st century, it is impossible to imagine our lives without the web. It has proven to be tremendously useful for all facets of life.

“To maximize the broadband utilization in Nigeria, National Information Technology Development Agency (NITDA) passed an executive order that all MDA’s under federal government to migrate all their respective services online. NITDA should also make it compulsory for all government establishments to host their websites within Nigeria”, he added.

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