NITDA Act: American Business Council Debunks Online Reporting, Welcomes Pantami’s Progress

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Dr Isa Pantami, Minister of Communication and Digital Economy (1)

NITDA Act: American Business Council Debunks Online Report, Welcomes Pantami’s Progress

The American Business Council (ABC) said it had not had any discussion with the public or any section of the media about the NITDA Act.

He said this while repudiating the stories on some online media titled “Undefined Parameters: American Business Council Raises Council Over ICT-Killer Bill by Isa Pantami.”

The Council also clarified “the action authorized by these media” in a letter sent to the Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami.

The letter, dated August 18, 2021, which is seen by PRNigeria, was signed by the Executive Secretary and Managing Director of the Council, the Managing Director, Margaret Olele.

“The reports from these media platforms do not conform to American Business Council principles and we have not interacted with them on this matter,” the letter reads in part.

Recalled that some netizens had both reported that the American Business Council had raised concerns about the National Information Technology Development Agency (NITDA) bill, which has yet to be enacted.

According to one of the online media, the Council noted that there were ambiguous sections of the bill which should instead be correctly worded so that operators in the information and communication technology sector could fully understand the implications this could have for their businesses.

The US Business Council also raised concerns about the unclear meaning of “digital services, products and platforms, administrative penalties” as outlined in the bill, according to the report.

He also pointed out that for foreign stakeholders, it is not clear whether the turnover of the threshold that will subject an entity to a levy assessment is the total annual turnover of the entity, the figure annual business derived from its operations in Nigeria, or both.

“The council also recommended that the bill clearly spells out the enforcement mechanisms that can be adopted by NITDA and FIRS to guarantee the payment of the license fee by the owners of foreign digital platforms,” ​​added journalists from Sahara. .

But Olele, in his letter to Pantami, thanked the minister for the excellent work his ministry is doing to improve the regulatory framework for the communications sector.

“We are especially grateful for your support and proactive stance in addressing key issues that will impact the private sector and the growth of the digital economy in Nigeria,” he said.

PRNigeria found that the American Business Council issued another warning yesterday, Friday, September 3, 2021, to further disassociate itself from some of the bogus reports on online media.

By PRNigeria

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