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Probe alleged ₦26.9bn USPF scandal, SERAP tells Tinubu

The Socio Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to order a thorough investigation into an alleged ₦26.9bn scandal involving the Universal Service Provision Fund (USPF). The group wants the President to direct the Minister of Communications, Innovation and Digital Economy and other relevant authorities to explain how the funds allocated to the USPF have been managed over the years. In a letter similar to its recent petition on alleged missing ₦2.9bn in NIGCOMSAT and the Nigerian Nuclear Regulatory Authority, SERAP argued that the reported mismanagement in the USPF points to systemic weaknesses in oversight of key public institutions in the communications sector. The organisation cited past Auditor General reports and media investigations which raised red flags about possible diversion, unauthorised investments and opaque spending patterns around funds meant to expand telecoms access to rural, […]

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FG urged to back NIGCOMSAT to unlock N8bn satellite revenue

Nigeria’s satellite broadband market could witness a major turnaround if the federal government introduces bold policy reforms and fully supports the Nigerian Communications Satellite Limited (NIGCOMSAT). This was the consensus at a satellite industry roundtable in Lagos, where stakeholders and marketers called for urgent steps to reposition the underutilized national operator. Despite broadband penetration in Nigeria rising from 35% in 2023 to 75% in 2025, NIGCOMSAT operates at just 7% of its capacity, leaving 93% idle. Yet, according to its Managing Director, Jane Egerton-Idehen, the company has the infrastructure and ambition to generate ₦8 billion in revenue within three years. Call for strategic policy shift Industry leaders at the meeting argued that one of NIGCOMSAT’s biggest challenges is its perception as a government bureaucracy rather than a commercial technology player. They urged the federal government to mandate all ministries, departments, […]

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