Rutger Reman, newly appointed as the vice president, head, Customer Unit and managing director, Ericsson Nigeria, has urged the federal government to Nigeria to pay attention to the three transformative technologies that together will transform every city- mobility, broadband and cloud.
Reman who spoke on ‘Digitalising Nigeria: The role of Ericsson’ said that adequate broadband services will enhance Nigerians’ productivity level and enthuse them with mobility while embracing cloud solutions in the areas of banking (mobile money), education, health, transportation, security, among others.
Specifically, the President and MD, Ericsson Nigeria stressed the need for stakeholders in the information communications (ICT) space in Nigeria to close ranks and ensure the success of mobile money in the country.
He said the Central Bank of Nigeria (CBN), the Communications Ministry, deposit money banks (DMBs), the Nigerian Communications Commission (NCC) and other relevant stakeholders in the industry should ensure that the scheme succeeded because of its overwhelming benefits to the economy.
Reman, said the punitive cost of printing, maintaining and managing cash would be reduced to the barest minimum while the CBN will be able to ascertain the quantity of currency in circulation at every given period of time.
According to him, mobile money will reduce the incidence of frauds, dangers to life associated with carrying huge cash, deepen financial inclusion. He said the firm’s m-commerce solutions has edge in proactive maintenance to increase quality and lower cost, evolve from traditional business to business (B2B) relationship to direct B2C, secure and capture after-market sales through customer intimacy. He added that it enables new revenue streams and innovative partnerships
“The solution is explicitly tailored to provide a new channel enabling financial inclusion, providing easy-to-use and secure next-generation mobile financial services, including those who do not have access to traditional banking services.