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President Olusegun Obasanjo approved on Thursday a take-off grant of 100 million naira (US $1.04 million) for the National Committee on Y2K bug compliance.
Minister of State for Science and Technology Pauline Tallen, who heads the committee, pledged on Thursday to ensure Y2K compliance and to create the awareness of the devastation that might be caused by failure to resolve the problem.
She said that many ministries and state owned firms had not attained 100 per cent compliance, barely 72 days to the expected computer problems.
She gave the Y2K status of the following sectors in Nigeria as:
Telecommunications - 88 percent; Energy - 85 percent; Transport and Aviation - 75 percent; Financial sector - 50 percent;
Government agencies - 41 percent; and Military - 30 percent.
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