FG Targets $1bn Annual Revenue From Digitisation

By Tony Nwanne

The Minister of Information and Culture, Lai Mohammed has revealed that the Federal Government is targeting to raise a digital dividend of $1 billion from the digital switchover programme.

Also, the digital economy is expected to grow by $1 billion on a yearly basis through increases in advertising, Nollywood income, and value added services.

Minister of Information and Culture, Lai Mohammed, disclosed this at the opening of the 11th edition of the International Conference for African Broadcasters, organised by the National Broadcasting Commission (NBC) in Abuja.

Meanwhile, the Nigeria Communications Commission (NCC), yesterday, launched a crackdown on sellers of unregistered SIM cards in Kano. Six persons were handed over to the police for investigation.

“We want to get those that are involved, so that we can have a thorough investigation. It is a criminal offence to use SIM cards without proper registration. All new cards must be personally registered. We have to mop up all unregistered cards in our markets,” said Salisu Abdu, head of the Commission’s enforcement unit.

Mohammed noted that digitisation of the technology of broadcasting is rapidly changing the industry and offering fresh opportunities. It offers Nigeria a lot of opportunities in the areas of economics, politics, education, entertainment, science and technology, he said.

“Many have said that the impact of digitisation on television will be revolutionary and I cannot agree less. With digitisation, the TV industry in Nigeria will be able to raise over $I billion in one year.”


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