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21st Century Technologies Partners Digital Encode for PCI DSS 3.2 Certification



By Ugo Onwuaso

21st Century Technologies Limited has achieved the Payment Card Industry Data Security Standard (PCI DSS 3.2) certification, the most thorough global payment-card security standard within the industry.


The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements designed to ensure companies that process, store or transmit credit/debit card information, maintain a secure environment thereby guaranteeing the protection of cardholder data throughout the transaction process.


The standard also facilitates the broad adoption of consistent data security measures globally.


The organization met the twelve stringent different security requirements required to achieve the PCI-DSS compliance which led to the award of a level 1 PCI certificate after extensive audit by a leading Qualified Security Assessor (QSA) Panacea, in partnership with its local partners Digital Encode – an award winning Cyber security, Governance, Risk and Compliance advisory firm.


Oluseyi Akindeinde, chief technical officer, Digital Encode, explained that, the level 1 PCI certification is the highest rank available from the major credit card providers (Visa, MasterCard, American Express, Discover and JCB) and this is only given to third-party providers who meet the Council’s stringent – and audited – credit/debit card transaction security protocols to protect customers’ personal transaction data.


He noted that the award of this certificate is a strong indicator that 21st century technologies Ltd consistently has its customers’ interest at the core of its business operations and is committed to securing customer information as well as maintaining a safe and secure environment for customer data.


Wale Obadare, chief operating officer, Digital Encode, said that the company’s unique methodology is rooted in the concept that a company should run its IT organization as a business. “Throughout the well-defined process, Digital Encode translates strategic business objectives into sound, achievable technology solutions. This approach ensures that the technology never obscures the business goals. This has been demonstrated in the audit process leading to 21st Century Technologies PCI DSS 3.2 certification,” he said.


He added; “Aside PCI DSS audit for organizations, we provide ISO 27001 compliance and pre-certification audit services. The ISO 27001 standard provides a structured framework for the implementation of an Information Security Management System (ISMS) within your organization. Our team consists of experienced ISO 27001-certified lead auditors and implementation experts, with the right blend of technical and business process know how, thus providing a balanced approach to the entire exercise. Our focus is always on the triad of People, Processes, and Technology.”






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NNPC, Marketers Stole N784Bn from Nigeria in 2017 – Senate



Revelations were made in the Senate on Wednesday that the Nigeria National Petroleum Corporation (NNPC) and Independent marketers  duped Nigeria to the tune of N784.700 billion on surplus volume of fuel importation of about 5.9bn litres in 2017 alone.


The sum, according to the Upper Chamber, was the excess of fund lost by Nigeria to the sharp practices by NNPC and other importers who claim volume of fuel imported in excess of what they actually brought into the country.


The Independent newspaper reported that in expressing disgust about the fraudulent act, the Senate mandated its Committee on Petroleum Resources (Downstream) headed by Senator Kabiru Marafa to carry out thorough investigation on the alleged fraud.


The Parliament also expressed disgust over claims that the NNPC has been paying subsidy on imported fuel with the lawmakers questioning the source of the money being used for the payment.


The Senate noted that no such money was voted for the payment in the budget and therefore described it as illegal just like other unapproved spendings by the Executive arm of government.


With a strong threat to sanction any infraction, of the Executive using the dictates of the Constitution, the Senate demanded an immediate stop to any unappropriated spending henceforth, particularly as regards the illegal subsidy regime of N26 per litre being effected on fuel sales in the country.


The N784 billion fraud, according to revelations made to that effect in the interim report of the Senate Committee on Petroleum Resources (Downstream), which investigated the lingering fuel scarcity in the country, came about through five days surplus importation at 35million litres per day by NNPC on monthly basis totalling 60 days surplus importation in addition to marketers 109 days surplus supply.


The Committee, in the report stated thus: “NNPC said it is importing 30 cargoes of 30,000meric tonnes (minimum) of PMS monthly through the Direct Sale Direct Purchase (DSDP) scheme.


“This means NNPC is importing 30x 30,000x 1, 341= 1, 206,900,000 litres of PMS monthly.


“Therefore, at an average consumption of 35million litres/day, NNPC said the country consumes between 27-30 million litres/day from January to September and 30-40 million litres per day from September to December.


“From the above figures, NNPC monthly supply is supposed to last the country for about 35 days at 35million litres per day.


“The marketers on the other hand received from government about N1.669,180,182 billion at CBN rate of N305 to a dollar to import PMS from January to August 2017. This means that marketers were supposed to bring into the country about 3.8bn litres of PMS at landing cost of N133.


“In other words, marketers supply were supposed to serve the country for about 109 days at 35million litres daily in 2017.


“The implication of the foregoing is that NNPC has five days surplus every month, 60 days surplus in a year, added to the marketers’ 109 days supply, totalling 169 days supply surplus at 35million litres /day or 5.9bn litres which when multiplied by N133 subsidised landing cost per litre amounts to N784.700bn”, the report read.


Senator Kabiru Marafa, who read the Committee’s report, alleged further that the fraud arose from emergence of subsidy regime in the sector again, similar to the sharp practices carried out in the past through bogus volume of fuel importation.


Though the Senate, based on observations made by senators that the report did not capture the subsidy fraud going on in the sector adequately, returned it to the Committee for more thorough job.


However, the Senate President Bukola Saraki praised the Committee for unearthing the 5.9 billion litres volume importation fraud.


“The biggest fraud in the oil sector over the years under subsidy regime is not even the subsidy itself but that of volume through bogus claims that will be increasing from year to year.


“It is in the light of this that I will ask that, in line with submissions made by many of the senators here today, that thorough probe should be carried out by the Committee on the 5.9 billion litres surplus supply while the Senate Committee on Public Accounts, SPAC, should investigate the illegal subsidy regime as regards its authorisation and appropriation,” he said.


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Gov. Ambode’s Phone Line Cloned, 2 Men Docked



Akinwunmi Ambode, Lagos governor

Two men, who allegedly cloned the official line of Lagos governor Akinwunmi Ambode, to defraud the State Government of N50 million, appeared before Justice Sedoten Ogunsanya of Igbosere High Court, Lagos on Tuesday.


The defendants – Rilwanu Jamiu and Balogun Oyewole – are standing trial on a three-count charge bordering on possession of fraudulent document and impersonation.


The first prosecution witness, Abimbola Umar, the State’s Accountant General, while testifying before the court, revealed how she received a text message from the suspects, on February 10, 2016.


She said that the text message, which seemed to be from Governor Ambode, directed her to transfer the sum of N50 million to a designated Keystone Bank account.


Umar, who was led in evidence by the State Attorney General and Commissioner for Justice, Adenijii Kazeem, said she found the message suspicious and highly irregular of the official accounting protocol.


She said: “I decided to bring the message to the attention of the Governor, who, after distancing himself from it, ordered immediate investigation into the matter.”


After Umar’s testimony, the prosecution called another witness, Wale Odu, Director State Service, Lagos State Command, to give evidence in the case.


In his testimony, Odu said that the investigation leading to the arrest of the defendants was conducted by his team at the DSS.


According to him, the investigation revealed that the second defendant (Oyewole), was one of the directors and shareholders of a firm, Clayder Ltd, into whose Keystone Bank account the N50 million would have been paid.


After listening to the testimonies, Justice Ogunsanya adjourned the case until February 14 for continuation of trial, and ordered that the accused be remanded at the Kirikiri Medium Security Prison.

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PTAD lauds Impact of Technology in Pension Verification



Mrs Sharon Ikeazor, Executive Secretary, Pension Transitional Arrangement Directorate (PTAD) says the deployment of technology has made pension verification seamless.

Few years ago, when PTAD was still doing manual verification of retirees many of them were dying in the process.

PTAD deployed 45 functional laptops, 20 scanners, 20 webcam cameras, 20 thumb-print capturing machines and five printers.

Ikeazor made this known to newsmen when he officially declared open the verification NITEL and MTEL pensioners in Enugu on Wednesday.

She said the directorate was fully automated, adding that PTAD staff had been well-schooled and vast on how to operate the new devices.

“As I speak to you, we have our internet server here and all its necessary attachment to ensure seamless exercise and to key- in information instantly.

“The directorate had over the years invested heavily on modern technology that will make our work and service to the people very seamless and real-time,’’ she said.

The executive secretary said that through the help of technology PTAD was now doing mobile verification for sick and incapacitated pensioners.

“We have collected the phone numbers of sick pensioners and their contacts; and our staff will do mobile verification for them by going to where they are to capture them electronically,’’ she said.

Sharing his experience, one of the pensioners, Mr Emeka Offor said that it only took him less than 10 minutes for his name and vital information; his picture and thumb-print captured and scanning of his document to be captured.

“I must commend President Muhammadu Buhari for his care for pensioners and equipping PTAD with modern gadgets to function optimally,’’ he said.

PTAD is verifying 22,000 pensioners of NITEL and MTEL in seven centres across the nationwide and at each of the centre, it will take eight days to conduct the exercise.

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