ICT will soon generate large revenues for the government — Pantami

The federal government has forecast that the information and communication technology (ICT) sector will become one of the main sources of revenue for the government.

The projection was made by the Minister of Communications and Digital Economy, Isa Ali Pantami, as he spoke shortly after inspecting the Galaxy Backbone office in Gombe.

The minister said: “My forecast is based on the Bureau of Statistics, which released its data for the second quarter of 2022 yesterday (Friday) and clearly stated that with all digital services alone, ICT contributed 18.44 percent to the generation of revenue, and this has never happened in the history of Nigeria.”

He then said that the government has completed plans to expand information communication and technology (ICT) services in Gombe to the northeastern region.

Isa Ali Pantami also said the expansion will bring broadband penetration and data center services in the zone, stressing that the zonal office will boost revenue for the government and expand the market.

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According to him, “This is Galaxy Backbone North-East Zone under Galaxy Backbone which is a limited liability company owned by the federal government and we have zonal offices; we have in Lagos for South West, Enugu for South East, North -Central in Abuja, because North-West is in Kano, North-East is in Gombe and we hope South-South is in the pipeline as we expand.”

While further explaining the rationale for choosing Gombe as the zonal office, the minister said the state is uniquely positioned within the region due to its proximity to the other five states that make up the zone.

Isa Ali Pantami said: “The reason behind the expansion is to generate revenue and the company has been commercialized to generate revenue for the government.”

“It is part of our strategy and the scope of our market. Gombe was in the center of the northeast and the only state that shares a border with states within the zone,” Pantami added.

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Prof Muhammed Abubakar also explained that Galaxy Backbone aimed to ensure that data becomes the mainstay of the country’s economy.

He said: “Data is our crude oil, we protect government data. Data is everything.”

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