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Showing posts from 2009

Review of the 2.3 GHz Bidding Process

The Board of the Nigerian Communications Commission, NCC, chaired by Alhaji Ahmed Joda, met Thursday, August 20, 2009 in Abuja, to review the issues concerning the recent 2.3GHz frequency spectrum licensing process and the issues arising there from. The Commission notes the published directive to the Commission, by Mr. President, Alhaji Umaru Musa Yar’ Adua, to conduct a fresh bidding round for the licenses on this frequency band. Flowing from above, the programme for the fresh bidding round for licences in the 2.3GHz Band, and other frequency bands, has been initiated by the board of the Commission, and full details will be announced in due course. All stakeholders are advised to look out for public announcements in this regard. We plead with all interested parties, to forget the events of the past months and join the Commission in fostering a nation where telecom services are accessible and affordable to all. The Commission pledges its absolute commitment to due process, respect for

Statement by Omatek on alleged indebtedness to Afribank Plc.

In line with the recent newspaper advertorial by the Central Bank of Nigeria, we will like to state that we (Omatek) DID NOT take any loan to the tune of N1,649,380,634.77 with Afribank or have facilities that are NON PERFORMING as stated in the said publication. OMATEK IS A 22 - YEAR OLD Venture that had worked hard to build its credibility over the Years. We have facilities with the Bank on Import Finance /Restocking basis. We Opened Form M’s, Bills for collection etc with the Bank to import raw materials. However, we have more than enough stock to match our exposure. These facilities were extended to the factory – Omatek Computers Limited (OCL), the production arm of the group. The OCL Products are being distributed to resellers and end-users by Omatek Ventures Distribution Limited (OVDL) On the other hand, Omatek had done a considerable amount of Consumer business with Afribank through the financing of our OMATEK e-Xpress factory initiative that had been launched in over EIGHT STA

FG rakes in 56.78bn from spectrum fees in 3years

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Jonah Iboma The Federal Government has realized a total of N56.78bn from spectrum sales made by the Nigerian Communications Commission between 2007 and May 2009. According to a document released by the office of the Accountant-General of the Federation, a copy of which was made available to our correspondent on Tuesday, a breakdown shows that the commission paid N51,102,583,704.68 in 2007 into the Consolidated Revenue Fund ,while the sums of N2,375,138,083.00 and N3,279,350,270.78, were paid in 2008 and 2009 respectively. The document with reference number D(R&F)584/Vol.1/99 dated 22 June, 2009 and which was released by the AGF’s office following the contentious auction of 2.3GHz spectrum by the NCC in May 2009, was signed by the A.R. Ogah, the Director, Revenue and Investment at the AGF’s office. The document had been released by the AGF to the Economic and Financial Crimes Commission following claims by the Ministry of Communications that it received petitions protesting the proc

Harris Stratex Opens First Technical Support Centre in Nigeria

In what has been described as a clear statement on the overall value of the fledging Nigerian market for the information communication technology (ICT) sector, the top management hierarchy of the leading global wireless communication solution providers Harris Stratex Networks were on hand penultimate Monday the 1st of June to officially open the company’s first Technical Service Support and Test center in Lagos. The centre, which is the first of its kind in the sub – region, is meant to cater for a part of the existing customer base of Harris Stratex in Nigeria. Making this confirmation during the official opening ceremony of the Centre in Lagos , the President and CEO of Harris Stratex, Mr. Harald Braun explained that apart from the fact that the company presently operates in eleven African countries including Nigeria, his company is the only one with up to 30% of its profitable business coming out of Africa. Describing Africa in general and Nigeria in particular as the only place in