"Nigeria Achieves High Ranking in Digital Transformation Readiness, According to ITU Report"
By Gloria Sarauniya Usman
ABUJA, NIGERIA July 25, 2024 - The International Telecommunication Union (ITU) has ranked Nigeria high at 71% in its readiness for digital transformation, placing it among the top seven countries in Africa and alongside global leaders like Germany, Finland, and Singapore.
The report, titled "Collaborative Regulation: Accelerating Nigeria's Digital Transformation," was unveiled by Dr. Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, in Abuja on Monday. It assesses Nigeria's legal, policy, and governance frameworks towards achieving an advanced state of readiness for digital transformation, known as G5.
Nigeria scored high in various benchmarks, including regulatory capacity (91%), market rules (82%), collaborative governance (81%), and legal instruments for ICT/telecom markets (76%). The report presents a case study for collaborative regulation review to support Nigeria's transition towards digital governance, evidence-based policy making, and agile regulation in the digital economy.
Dr. Tijani commended the ITU and partner agencies for the report and expressed the Federal Government's commitment to utilizing it as a navigational aid towards achieving regulatory objectives and policies outlined in the National Digital Economy Policy.
The Executive Vice Chairman of the NCC, Dr. Aminu Maida, emphasized the importance of collaborative regulation in supporting Nigeria's transition towards effective digital governance and agile regulation in the digital economy.
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