Nigeria is saving N24.7 billion from TSA
0

By Oluwatobi Opusunju

President Muhammadu Buhari has affirmed the continuous commitment and strong belief of the government in using ICT as a major driver of developmental governance and economic reform plans aimed at bringing about “the true change his party had promised the people.

“ICT is strategic in driving productivity and efficiency in all sectors of the economy. Currently, almost all sectors of our economy leverage on ICT to increase efficiency, productivity and performance,” said the president at  the opening ceremony of the 2017 e-Nigeria Conference, organised by the National Information Technology Development Agency (NITDA), The three day conference with a major theme on promoting local content kicked off, yesterday, in Abuja.

Government believes that ICT is fundamental to building a new economy outside of crude oil export, said the president to an audience that include members of his government, policy makers, and ICT stakeholders.

ADVERTISEMENT

His words: “As the most populous country in Africa, there are huge opportunities for ICT manufacturing in Nigeria. This, when harnessed, will provide job opportunities for our teaming youths, enhance the quality of  locally produced infrastructure, reduce cost of acquisition and  increase government revenue.”

The  president also expressed satisfaction with the steady growth of ICT and noted that the sector was increasingly gaining grounds as a major contributor to the country’s GDP.

“The sector has recorded huge investments and contributes over 10% of the nation’s Gross Domestic Product (GDP) and we are making conscious efforts to see that this contribution continues to grow in the next few years.

ADVERTISEMENT

But Buhari expressed worries that the country’s indigenous entrepreneurship landscape was being left out of the growth.  Robust expansion in the ICT sector has only further the nation’s sense of dependency on foreign skills and products. Government, he said, owes it a duty to promote local content and local patronage of indigenous enterprises with strong home-based manufacturing footprints.  He called on all stakeholders to join government in realizing this goal.

“About 80% of ICT hardware purchases are imported through local distributors of Original Equipment Manufacturers (OEMs) by MDAs and other government establishments. This makes it difficult for us to benefit from the dividends of continuous procurement and consumption of ICT infrastructure and limited value retention within the country.

“There is, therefore, the need for deliberate efforts, both from government as well as the private sector to see to the realisation of this. I urge you to come up with viable recommendations on how we can make the country an export hub for ICT hardware in Africa.

ADVERTISEMENT

“We have done a lot to transform our government especially in the areas of strategy, policies and digital infrastructure investments.

However, he commended the NITDA for its aggressive push at implementing government’s thrust and executive orders on promoting local content in ICT. His words: “We commend NITDA’s efforts on fostering the patronage of indigenous IT products and services through continuous engagement with indigenous OEMs, relevant stakeholders and other laudable initiatives.”

Gains on Treasury Single Account

“You may recall that on assumption of office, we enforced the policy on Treasury Single Account (TSA). Today, we are all witnesses to the impact it has made on our financial management.

 

“We have so far consolidated over 20,000 accounts, resulting into about N4.7 billion monthly savings. In addition the policy facilitated transparency, accountability and ease of transactions and payments between Government and businesses as well as Government and citizens.

Gains on the Integrated Payroll and Personnel Information System

”Another initiative leveraging on ICT and making huge impact on the economy is the introduction of the Integrated Payroll and Personnel Information System (IPPIS) and Bank Verification Number (BVN). Its implementation has helped to eliminate the menace of ghost workers thereby reducing waste in the system by saving government over N20 billion monthly.

Commending NITDA

“This administration recently issued an Executive Order mandating all ministries, departments and agencies to give preference to locally manufactured goods and services in their procurement of information technology services.

“Such measures are part of the deliberate efforts at encouraging local manufacture of ICT infrastructure, creating job opportunities, providing investment opportunities as well as strengthening our currency.  We commend NITDA’s efforts on fostering the patronage of indigenous IT products and services through continuous engagement with indigenous OEMs, relevant stakeholders and other laudable initiatives.

“ICT plays a pivotal role with agencies of government such as the Corporate Affairs Commission (CAC), Federal Inland Revenue Service (FIRS) and the Nigeria Immigration Service (NIS) which have leaned on ICT in improving public service delivery in an efficient and transparent manner. So far, 31 reforms have been completed by the Council and these reforms are already making noticeable impact on our economic diversification efforts.

“The Agency’s efforts at enforcing Federal Government’s directive on ensuring that all ICT projects in the country are cleared by it before implementation are highly commendable. These efforts will ensure that government’s ICT procurements are transparent,      they are aligned with government’s IT shared vision and policy, save costs through promotion of shared services, avoid duplication, ensure compatibility of IT systems thereby improving efficiency across government and enforce the patronage of indigenous companies.

“In this respect, I hope this conference will come up with practical, viable solutions and recommendations to further develop local content in ICT as well as how we can best regulate the deployment and use of ICT systems to foster a digital economy in Nigeria.

“As I declare this Conference open, I thank you very much for your attention and wish you fruitful deliberations in the course of the Conference. I look forward to studying conference conclusions and recommendations.”

More in News

You may also like