TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Nigeria to save N2bn annually from internet hosting – NCC

The Citizen by The Citizen
December 14 2016
in Business
A A
0

The Executive Vice-Chairman, Nigerian Communications Commission (NCC), Prof. Umaru Danbatta, has said that the nation will save at least N2bn annually if the recent data hosting with the Internet Exchange Point of Nigeria continues.

He said that public and private organisations in the country were losing about N10bn annually to frequent hosting of Internet content overseas, and could lose twice the amount should the recession continue in 2017.

Danbatta disclosed this at the Telecoms Executive and Regulators Forum in Lagos, which was organised by the Association of Telecommunications Companies of Nigeria.

“The utilisation of the Internet Exchange Point of Nigeria by some telecoms and Information Technology companies in the country could steadily reverse the situation and save Nigeria at least N2bn, rather than losing N10bn or more annually,” he said.

An Internet Exchange Point (IX or IXP) is a physical infrastructure through which Internet Service Providers and Content Delivery Networks exchange Internet traffic between their networks.

The IXPs reduce the portion of an ISP’s traffic, which must be delivered through their upstream transit providers, thereby reducing the average per-bit delivery cost of their service.

The NCC executive vice-chairman, who was represented by the Executive Director, Technical Services, Ubale Maska, said that the IXPs were the focal point of the Internet.

He, therefore, said that they were critical for the development of the Internet in any country and would not only reduce the cost of Internet traffic by keeping local traffic local, “but more importantly, they enable additional applications, which have a considerable multiplier effect on the economy.”

He said, “Internet Exchange Point of Nigeria is an initiative of the NCC that enables Internet service providers, telcos, content providers and educational institutions to exchange Internet traffic locally within Nigeria.

Danbatta said the NCC also provided the seed funding that set up the IXPN as a not-for-profit organisation with the key objective of improving the Information and Communications Technology ecosystem.

“The Nigerian IXP is now the second largest IXP in Africa. It has been estimated that the IXPN saves the nation above N2bn yearly, which would have been paid out to international carriers in the United States dollars if this facility was not available in Nigeria,” he said.

He said that the IXPN also reduced the delay associated with routing local traffic internationally, adding that, “This drop in latency increases speed and better quality of service to end users.”

He added, “For every Internet content hosted locally, it saves Nigeria foreign exchange, which would have been paid to foreign companies. This ensures that local data centres flourish, hence, creating more jobs and increase in technical competency for our engineers.”

The Managing Director, IXPN, Muhammed Rudman, shared the same view, saying that Nigeria had won the bid to become a regional Internet exchange point in the African Internet Exchange System project under the African Union Commission.

Previous Post

Enugu Assembly approves N6.3bn virement for Gov. Ugwuanyi

Next Post

Revenue boost: Fed Govt to issue more oil licences next year

Related Posts

Nigeria, U.S. sign framework for $700 billion mineral investment
Business

Nigeria, U.S. sign framework for $700 billion mineral investment

September 25 2026
Gambia orders banks to replace foreign workers with locals
Business

Gambia orders banks to replace foreign workers with locals

September 25 2026
Auto Draft
Business

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

September 25 2026
EFCC recoveries: The good, the bad and the ugly – Punch
Business

Dangote to support 2m women with refinery shares

September 23 2026
30 banks meet CBN recapitalisation rules as deadline nears
Business

CBN cuts interest rate to 23%, vows to contain election liquidity

September 23 2026
FG moves to implement Digital Free Zones
Business

FG moves to implement Digital Free Zones

September 17 2026
Next Post

Revenue boost: Fed Govt to issue more oil licences next year

Ekweremadu proposes 6-year single term for president, governors

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

ODDITIES

Residents find lifeless body in Akwa Ibom gutter, police begin probe

New co-tenant absconds with neighbour’s children in Akwa Ibom

by The Editor
September 17 2026
0

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

GLOBAL NEWS

Gambia orders banks to replace foreign workers with locals

Gambia orders banks to replace foreign workers with locals

by The Editor
September 25 2026
0

...

Trump signs security deal with Greenland, Denmark at UN

Trump signs security deal with Greenland, Denmark at UN

by The Editor
September 23 2026
0

...

Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

by The Editor
September 18 2026
0

...

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

by The Editor
September 17 2026
0

...

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada raises study permit, visitor visa processing times for Nigerians

by The Editor
September 17 2026
0

...

State of the States

Auto Draft

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest

Nigeria advances research sovereignty as Health Ministry, NHIA, partners convene inaugural Health Financing Forum

September 28 2026
Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

September 25 2026
Nigeria, U.S. sign framework for $700 billion mineral investment

Nigeria, U.S. sign framework for $700 billion mineral investment

September 25 2026
Court nullifies Pantami as Gombe PDP guber candidate

Court nullifies Pantami as Gombe PDP guber candidate

September 25 2026

EDITORIAL REVIEW

Tele-robotic surgery: Nigeria needs more medical feats – Punch

Tele-robotic surgery: Nigeria needs more medical feats – Punch

by The Editor
September 25 2026
0

2027: Voter registration figures must mirror turnout – Punch

2027: Voter registration figures must mirror turnout – Punch

by The Editor
September 17 2026
0

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Opinion

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.