President Tinubu assures on Telecoms reforms

Says his government is ready to learn from India

President Bola Tinubu on Thursday asserted that the telecoms sector’s regulatory framework and operations would be reviewed.

He spoke while addressing an Airtel delegation at a meeting led by Chairman Sunil Bharti Mittal at the State House.

He said the review of the telecoms sector’s regulatory framework and operations would  reflect global best practices, with a greater focus on protecting infrastructure.

He thanked the delegation for their openness, readiness, and confidence, which he said has built close relationship with the Prime Minister of India.

President Tinubu pointed out that his government was ready to learn and to work with any venture that works for India and other cities.

He stated that his government was ready to find a way to work with tax administrators to ensure that whatever has to be done, will encourage growth and opportunities.

The Minister of Communication, Innovation, and Digital Economy, Bosun Tijani, thanked the President for consistently supporting the telecoms sector’s growth.

Tijani said the approval by the President for the protection of fibre optic and undersea cables as critical national assets would further stimulate growth in the industry, assuring that the Office of the National Security Adviser (NSA) has started implementing and enforcing the law.

The Chairman of Airtel commended the President for the double dose economic reforms that had transformed the economy for future growth. He stated that given the situation of the country, he was not sure how the President was going to achieve the promises he made when he took office.

He went down memory lane on how India was in similar situation back in 1991.

“I am indeed reminded of 1991, when India was in a similar situation, and we were practically on our knees, having pledged 500,000 tons of gold to the Bank of England, and our vessel in Tokyo had been put up for sale.

“During that time, the Prime Minister and his team took similar reforms to what you are taking now in Nigeria, and India has never seen better times after that.

“The duties went down, the rupee was floated, and it depreciated significantly. Relicensing happened, and it was the dawn of a new world in India. We just moved forward,” Sunil Bharti Mittal said.

Mittal said the reforms turned India into one of the largest economies in the world.

For Diaspora Digital Media Updates click on Whatsapp, or Telegram. For eyewitness accounts/ reports/ articles, write to: citizenreports@diasporadigitalmedia.com. Follow us on X (Fomerly Twitter) or Facebook