The Ministry of IT and Telecom is advancing its smartphone / mobile phone installment policy, now seeking approval from the Ministry of Law and Ministry of Finance. After engaging stakeholders in discussions during a working group meeting on mobile financing, the ministry is readying the policy for further review and approval by the federal government. … Read more
On January 12, 2024, the Ministry of Information Technology and Telecommunications, in partnership with telecom carriers, is launching the long-awaited Easy Installment Scheme. This initiative seeks to boost economic growth and promote widespread e-commerce adoption by facilitating simple installment plans for mobile phone purchases. With the goal of ensuring accessibility, the government plans to offer … Read more
The highly anticipated Mobile Phone Financing Scheme, spearheaded by the Ministry of Information Technology and Telecommunications, has hit a series of unexpected setbacks, leading the federal government to withdraw the policy draft for a comprehensive reevaluation. In response to these challenges, the government has issued directives for a meticulous reexamination of the policy by the … Read more