Adebiyi: Telecom Industry Driving Nigeria’s Digital Economy and Financial Inclusion

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Adekunle Adebiyi, the founder of Whistles Alliance Integrated Services and former Chief Sales and Distribution Officer at MTN Nigeria, shares insights from his 25-year career in Nigeria’s telecom sector. He highlights the remarkable evolution of telecom, particularly the shift from voice services to data-driven solutions, which has been crucial in driving Nigeria’s digital economy. Adebiyi points out how the telecom sector has fostered financial inclusion, e-commerce, and job creation, while also acknowledging the ongoing challenges such as expanding rural connectivity and investing in infrastructure.

Adebiyi emphasizes the significant role of GSM network operators, who have been the backbone of Nigeria’s digital transformation. In 2024, these operators contributed 16% to Nigeria’s GDP, supporting sectors like fintech, e-commerce, education, and government services. The future growth of the sector, according to Adebiyi, lies in expanding 5G adoption, strengthening mobile payments, and targeting underserved regions. He also stresses the importance of public-private partnerships to accelerate digital advancements, particularly in healthcare and transportation.

Reflecting on his tenure at MTN, Adebiyi recalls leading the successful National Identity Management Commission (NIMC) enrollment campaign, where over a million Nigerians were registered within six months. He attributes this success to strategic planning, leveraging MTN’s agent network, and using innovative technology. He also discusses how this experience solidified his commitment to integrity, transparency, and hard work, values he believes are key to effective leadership.

Looking ahead, Adebiyi shares his vision for Africa’s digital transformation, particularly in fintech and digital identity systems. He advocates for deeper financial inclusion through mobile services, the adoption of 5G, and the integration of AI and IoT across sectors. To strengthen Nigeria’s digital ecosystem, Adebiyi calls for improved broadband infrastructure, investment-friendly policies, digital literacy programs, and streamlined regulations to boost investor confidence and foster innovation. With continued focus on these areas, he believes Nigeria can lead Africa’s digital revolution.

source: thisday

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