• Archives
  • Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
Home African

NITDA Saves The Federal Government N3bn From Capital Flight

Uloma Mary Omolaiye by Uloma Mary Omolaiye
November 21, 2017
in African, Government
Share on FacebookShare on Twitter

The issue with the capital flight was a norm until last month when National Information Technology Development Agency publicly confirmed that there was a movement of N720b which was redeemed from the importation of foreign technologies. Since then, the commission has pledged to be on their toes to stop monies from taking strange flights. It appears that NITDA is keeping to this vow. Just recently, N3bn has been redeemed from taking a swift flight during the process of clearing a project.

Mrs. Hadiza Umar, Head, Corporate Affairs and External Relations noted on Monday that this new process of ‘watchful clearance’ will eradicate the culture of ‘wasteful and duplication of the IT procurement and services in the ministries, departments, and agencies’.

There is a whole lot that could be achieved with this amount. It’s quite unfortunate that the country talks about measuring up with the standard of technology in developed countries. Yet, here we are, still contending with broadband infrastructure, whereas N3bn was about to take a magical flight. Just last month, N720bn only, was recovered.

An investigation revealed that some materials had been overpriced by N3bn under the guise of being imported when these materials could be purchased in the country. Umar has stressed that the commission will do everything in its power to restore sanity and displace corruption within the sector.  She said:

‘As an unbiased watchdog of government, the Director-General has ensured that there is transparency, accountability, efficiency, and effectiveness in the process of obtaining clearance from NITDA targeted at extracting maximum value from the MDAs’ investments in the IT projects.’

President Muhammadu Buhari has instructed that all government establishments must comply with the IT project’s clearance directive to ensure transparency of ICT procurements, in compliance with the government’s IT shared vision and policy.

Concurrently, the issue of website hosting on generic domain names was condemned. NITDA warned the ministries, departments, and agencies to stick with the ‘government top-level domain name’- gov.ng. It warned that any agency that falters by using a .com domain name will be blacklisted and compelled to face the music.

If the watchdogs continue with the exposure, lots of monies will be redeemed from taking magical flights and the government may stop ringing the alarm of enhancing broadband infrastructure.  

Related Posts:

  • 4edf559f39a841f8ab6da2348f91da53
    NITDA Controversial Bill Bids To Impose Long-Term…
  • 1200×800 (1)
    Tech Issue Fixed, United Airlines Restarts Flight Operations
  • Microsoft-TikTok-01.28 (1)
    Google, Microsoft & TikTok Block 13.5M Nigerian Accounts
  • GetImage
    The Importance of a Reliable In-Flight Wi-Fi Connection
  • NHRC-executive-Secretary
    Nigeria's NHRC Liaise With Tech Businesses on AI Damage
  • google-flight-deals
    Google Adds AI to Flight Deals Amid Antitrust Pressure
  • hacker-5332676_1920-e1629793208829-1200×692
    Pro—Hacktivist Group Warns Nigeria: 5 Positive…
  • Uber Launches UK Flight Ticket Bookings
    Uber Launches UK Flight Ticket Bookings

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: governmentictnitda
Uloma Mary Omolaiye

Uloma Mary Omolaiye

BROWSE BY CATEGORIES

Receive top tech news directly in your inbox

subscription from
Loading

Freshly Squeezed

  • X Launches Marketplace for Inactive Handles October 21, 2025
  • Meta AI’s “Vibes” Video Feed Boosts Daily Users and App Downloads October 21, 2025
  • OpenAI Adds 7.5% VAT for Nigerian ChatGPT Users October 21, 2025
  • Adobe Launches AI Foundry for Personalised Business Models October 20, 2025
  • Oura Unveils “Cumulative Stress” Feature and New Interface October 20, 2025
  • AWS DNS Outage Disrupts Internet Services October 20, 2025

Browse Archives

October 2025
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Sep    

Quick Links

  • About TechBooky
  • Advertise Here
  • Contact us
  • Submit Article
  • Privacy Policy
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
  • African
  • Artificial Intelligence
  • Gadgets
  • Metaverse
  • Tips
  • About TechBooky
  • Advertise Here
  • Submit Article
  • Contact us

© 2025 Designed By TechBooky Elite

Discover more from TechBooky

Subscribe now to keep reading and get access to the full archive.

Continue reading

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.