Echotitbits – Nigeria News

Category: Business|Government Policy

  • FG approves 4,000 telecom towers to expand rural coverage and boost security

    FG approves 4,000 telecom towers to expand rural coverage and boost security

    PunchNG (illustrative image on article page)
    2025-12-04

    The Punch reports the Federal Government approved deploying about 4,000 telecom towers to improve rural connectivity, citing security and inclusion benefits.

    The plan targets underserved communities where weak coverage limits digital services and also constrains emergency response and security communications.

    How the programme is funded and maintained will shape whether coverage gains are sustainable.

    Xinhua: “about 4,000 telecom towers nationwide to expand digital access in underserved communities.”

    The Guardian: “targets about 20 million Nigerians.”

    Analysis/Echotitbits take: Execution risk is high: power, vandalism, right-of-way, and backhaul capacity. Watch for the financing model (PPP vs direct funding), rollout timelines, and alignment with fibre upgrades.

    Source: The Punch — December 04, 2025 (https://punchng.com/fg-approves-4000-telecom-towers-to-boost-security-rural-connectivity/)

  • Reps committee summons three DisCos over ₦100bn unpaid remittances

    Reps committee summons three DisCos over ₦100bn unpaid remittances

    PunchNG (illustrative image on article page)
    2025-12-16

    According to The Punch, the House of Representatives Public Accounts Committee summoned IBEDC, BEDC and PHEDC over alleged failure to remit more than ₦100bn owed to the Federal Government.

    The committee said the move is about protecting public resources and warned that ignoring summons can attract penalties under the law.

    The matter sits within broader debates on market shortfalls and cashflow constraints in the power sector.

    ThisDay: “summoned… over N100bn payment default.”

    BusinessDay: “summons… over N100bn debt to FG.”

    Analysis/Echotitbits take: This could force repayment plans—or fade without enforcement. Watch for sanctions, structured recovery agreements, and whether regulators address the deeper revenue-collection and tariff issues driving remittance gaps.

    Source: The Punch — December 16, 2025 (https://punchng.com/n100bn-unpaid-reps-move-against-three-discos/)