More Trouble for Internet Fraudsters as FG Approves N1.8bn to Acquire Telecom Facilities

More Trouble for Internet Fraudsters as FG Approves N1.8bn to Acquire Telecom Facilities

  • Isa Pantami, minister of communications and digital economy, has been given a directive to ensure the fraudsters are dealt with in the country
  • This is so as President Muhammadu Buhari on Wednesday approved N1.8bn for the purchase of telecommunication facilities
  • This move according to the president, is to tackle the country's challenges of crime, insecurity amongst others

Abuja- On Wednesday, December 8, the Federal Executive Council (FEC), approved the sum of N1.8bn for the procurement of telecommunication equipment.

The minister of communication and digital economy, Isa Pantami, made this disclosure to the State House correspondents at the end of the virtual Council meeting presided over by President Muhammadu Buhari, at the Presidential Villa, Abuja.

The Punch reports that the facilities would be used to detect and block fraudsters using different SIM cards.

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Internet fraudsters in trouble as FG approve N1.8bn to acquire telecom facilities
The president gave the approval on Wednesday, December 8, during the Federal Executive Council meeting at the Presidential Villa. Photo credit: Femi Adesina
Source: Facebook

Also, the approval of the new regulatory system is expected to support the country to address the challenges of insecurity, among others, Vanguard also reported.

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The two new systems

Pantami explained that the deployment of the system would help to monitor, detect and block SIM cards, thereby fighting what he called “voice traffic termination fraught.”

He said:

“These regulatory systems have two components. Component number one is the deployment of a regulatory system to monitor, detect and block SIM box traffic. This is the first one and it is going to be implemented at the cost of N804,122, 897.50 by the NCC.
“This deployment of the system to monitor, detect and block SIM is to fight what we called voice traffic termination fraught. What the two systems will do is to support our country in two major ways in addition to many others.”

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President's approval

He added that the president had directed the systems to be deployed.

The second memo

Pantami said the second memo was another special intervention of the Buhari regime.

“As part of the intervention of the current administration, the Nigerian Communications Commission has been directed to partake in policy implementation of what has been entitled as ADAPTI. ADAPTI means Advanced Digital Awareness Programme for Tertiary Institutions at the federal and state level.”

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Meanwhile, had earlier reported that Nigeria has been described as a blessed Nation with enormous opportunities for anyone to grow their business.

Isa Pantami, minister of communications and digital economy made this declaration while speaking on Nigerian Television Authority (NTA) as a guest.

He also noted that the country’s proximity to West and Central Africa provides an enabling environment for foreign investors despite the challenges of insecurity.


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