Monday, November 11, 2013

Digital entrepreneurs need protection – Teniola


The chief executive officer (CEO) of internet Solutions, Mr. Olusola Teniola has called for adequate protection for digital business ecosystems in the country, reports DigitalSENSE Business News.

Delivering a paper on “The challenges posed by legal and regulatory framework” in Lagos last weekend at the 5th annual West Africa ICT Congress and Exhibition, Mr. Teniola said that in order for digital businesses to thrive in the country and grow to their potentials, such businesses must be protected.

This, he told DigitalSENSE Business News, could be effective done through assurances of due process comprising the entrepreneurs civil and economic rights which must be protected against abuses of monopoly power.

He also charged policy makers to focus on their traditional responsibility so as to spur competitive environment and access to networks.

He stressed that at Internet Solutions and sister company Dimension Data, they strongly believe this theme of discuss is relevant to the current state of the industry in order to develop and fully enjoy the dividends of the digital ecosystem in the West Africa region.

All developing countries of the world, he noted, desire to establish policies that regard the digital ecosystem as critical national infrastructure, thus qualifying for a special government protection.

“We must move away from the ideology of government for development of the digital ecosystem as digital entrepreneurs in the private sector arise to take on the challenges of bringing digital dividends to West Africa,” he said.

Pointing out that in countries without a strong rule of law, Teniola said, digital entrepreneurs could be oppressed through withholding of licenses, spurious charges lodged and interconnection with the monopoly telco disrupted.

Chuks Egbuna/GEE


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Pix: Mr. Teniola and Ndukwe, Uwaje and Glo Tech Director at WAFICT’13

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