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Smartcity Chair Says Nigerian Businesses Must Embrace, Localise Technologies

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Sir. Demola Aladekomo, founder of Smart City Resort Plc

Indigenous businesses must accept the presence of technology and structure their business model in line with the needs of their local environment in order to become a major player in a fast-paced digital economy.

Sir Demola Aladekomo, founder, Chams Group Plc and Chairman, SmartCity Resorts Plc, made this assertion during his Keynote Address at the Information Communication, Technology and Telecommunications Exhibition and Conference (ICTEL EXPO 2017), organised by the Lagos Chamber of Commerce and Industry held in Lagos, recently.

Aladekomo, whose address was on the exhibition’s theme; “The Digital Economy: Strategies for Growth in A Connected World”, stated that there are numerous potentials to be exploited with technology, especially with the changing demography of Nigeria being populated with lots of young persons as well as the availability of data, which now connects the country’s market to the global market.

According to him, technology will serve as a foundation of all activities in the digital economy and would also create a lot of inventions and opportunities, which will liberate resources, create new markets and eventually disrupt the current supply chain system.

He, however, advised that businesses must before brace up for the new developments before they get caught by the tide of technological revolution, noting that change could come in a harsh manner.

“The possible effects of this new economy that we are looking at includes that the core structure of your business is going to be different completely. If you can remember the VHS days, when we used to go and rent cassettes. Now, you find everything streaming online. This means that the business landscape therefore has completely changed. Your value proposition will also change as a result of the presence of data available. There is going to be massive explosion in new businesses, new organisations and new markets as a result of technology.

“Therefore, the first thing you need to do is to accept the inevitable, that your market has changed, the supply chain has changed, technology is going to disrupt every single thing that you are doing. If you do not change, change is going to come to you and it will be disastrous if you do not accept it. There will be lots of opportunities created. There will be challenges also created, but will both be for you or for your competition? If you are the one disrupting the market, then you are creating challenges for your competition, but if you allow your competition to create challenges for you, then you are in trouble”, he said.

Speaking on the importance of business analysis, Aladekomo urged businesses not to overanalyse issues as future is now. The ICT guru also stated that businesses should have a fundamental understanding of the local market rather than structuring their business models solely on technology.

Aladekomo said; “We do know that everything is not about software, no; it’s about the business model. You need to think out of the box. In coming up with a business model, we need to look at the technologies that are available. For us to know about the technologies available, we must understand them, we must learn about them a lot, but learning about them is not even as good enough as understanding the local environment.

“You need to have localised these technologies. You can still take some of their features and localise it and shape your market. If you cannot conquer your own local market, you are not going to conquer the American market. The apps can be easily developed but the important thing is your business model.”

He also advocated for a periodic review of business strategies and the need to take concrete action in order to keep abreast with their contemporaries in a digital economy.

The ICTEL expo had in attendance the Minister of Communications Technology, Barrister Adebayo Shittu; Minister of Science and Technology, Dr. Ogbonnaya Onu, represented by Prof. Gloria Elomo, Director General, Federal Institute of Industrial Research, Oshodi (FIIRO); the representative of the Lagos state Commissioner of Science and Technology, Olufemi Odubiyi; President, LCCI, Chief Nike Akande, and stakeholders from the technology and business sectors of the economy.

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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FG Warns of High Increase in Illegal Kidney Harvest

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The federal health ministry has written the Nigerian Medical Association (NMA) to warn all doctors in relevant specialties to “be aware so that Nigerians will be circumspect while embarking on medical tourism in Egypt

 

The memo is to create awareness to Nigerians intending to travel to Egypt for medical attention. Patients stand the risk of getting their organs illegally trafficked or losing their lives to the growing trade in illegal organ harvest and transplant.

 

It raises concern about patients possibly seeking treatment abroad and their doctors referring them to any complicit hospital.

 

Dr Wapada I. Balami, director for Hospital services, in a statement for the Minister of Health entitled, ”41 Suspected illegal human kidney traffickers on the trail in Egypt” revealed that there is an increase in illegal harvesting and transplanting of human organs in that country.

 

It was also gathered that 41 human kidney traffickers have been arraigned by Egypt’s prosecutor Generals and the hospital in which these atrocities were committed were listed.

 

Nigerians are, however, advised to be aware of the said issue while embarking on medical tourism in Egypt.

 

The office of Egypt’s prosecutor-general has issued names of private hospitals in Giza area of Cairo complicit in the trafficking of human kidneys.

 

  • Dar al-shefa in Helwan, Cairo
  • Al-Bashar Specialist Hospital in Faisal, Giza
  • Al-Amal Centre for General Surgery in Maurinteya, Giza
  • Dar Ibn Al-Nafis Hospital, Giza

 

 

“If some of our colleagues are in that trade, that is very disheartening,” Mike Ogirinma, NMA president.

 

“For us as an association, we may not have such powers to stop it but we can investigate.”

 

But NMA is handicapped to sanction erring doctors.

 

The regulatory body, the Medical and Dental Council of Nigeria, which hosts a tribunal to try erring doctors and dentists cannot constitute a board since it was dissolved in 2015.

 

“The organ left for us is the regulatory body, MDCN. Professional misconduct or negligence are taken before it. Unfortunately that council was dissolved immediately this administration came in, and NMA has been pushing for it to be reconstituted.”

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MainOne Pledges Support for Host Communities, Renovates School in Lagos

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MainOne's staff in group photographs with pupils of Ilasan Primary School, Jakande-Lekki.

By peter oluka

MainOne, West Africa’s leading connectivity and data center solutions provider, has once again proven its continued Corporate Social Responsibility commitment in its host communities by renovating the Ilasan Primary School, Jakande-Lekki.

According to the Company, the CSR was in a bid to provide the students with a conducive learning environment.

Led by Mrs. Oluyomi Johnson, MainOne’s Health, Safety and Environment Coordinator, the company renovated all 14 dilapidated classroom blocks within the school premises and decorated the classrooms with learning materials.

Speaking on the Company’s CSR initiative themed “Changing Lives, Impacting the Future (CLIF)” at the launch of the newly refurbished classroom blocks,  Mrs. Johnson stated, “MainOne prides itself on being a relevant and integral member of its host communities and as a socially responsible organization, we believe it is important to give back to our community. We will continue to provide support in every way we can including volunteering the service of our employees as we seek to change lives and impact the children – our future.”

Mr. Kayode Olutayo, head Teacher, Ilasan Primary school, commended the company for its support in renovating the school which had been overrun by bushes, suffered severe flooding and dilapidated classrooms, making for an unsafe learning environment for students.

“This project is a welcomed development in our community. We thank MainOne for their efforts in refurbishing our school and making it a conducive environment for our students.  However, like Oliver Twist, we still ask for more. We need teachers, more learning materials and funding to keep our school running. We therefore call on the government and other organizations to take initiative from MainOne and come to our aid,” Olutayo said.

Congratulating the company on a job well done, Chairman Eti-Osa Local Government, represented by the HOD Education, Eti-Osa LGA, Mr. Oshin applauded the company’s initiative in improving the standard of education in the school and community. He also pledged the government’s support in working with the school to ensure all their needs are met.

Speaking on behalf of MainOne, Mr. Kasope Akindele, manager, Legal & Regulatory Services, thanked the school and the Ilasan community for their warm welcome. “MainOne will continue to play its part in contributing to the development of its host communities. We also urge the government to push policies that will improve the standards of education both in the community and state,” he added.

Since 2011, MainOne has made supporting educational institutions in Nigeria a priority through yearly donations of learning materials including text and exercise books, writing materials as well as renovation of critical infrastructure facilities.

The contributions of the company towards the development of these learning institutions forms a part of its Corporate Social Responsibility focus in Education and Information and Communications Technology.

 

 

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Ogundare, Newcross CEO Donates Digital Library To LUTH

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(L-r): Professor Afolabi Lesi, provost college of Medicine University of Lagos Idi-Araba; Dr. Bolaji Ogundare, Ceo Newcross Petroleum; Professor Oyinkan Sofola, dean, Faculty of Dental Science, College of Medicine University of Lagos and Professor  Akinbo, deputy provost, College of Medicine University of Lagos, during the handing over of a Library built by Dr. Ogundare for the Faculty of Dental Science, College of Medicine University of Lagos Idi-Araba

By peter oluka

As part of efforts to expand access to global information and aid learning in medical education, Dr Bolaji Ogundare the chief executive officer (CEO) of Newcross Petroleum, has donated a digital library to the Faculty of Dental Sciences, College of Medicine, University of Lagos Idi-Araba, Lagos.

During the handing over ceremony held recently, Ogundare called on the private sector players to consider urgent and massive investment in health education as that will tremendously improve capacity and competencies for Nigerian hospitals and aid availability of world-class healthcare services locally in the country.

During his address, the Dental Surgeon remarked that the library which he donated to his alma-mata was built in memory of his late father, Mr Samuel Olatunji Ogundare, describing the project as his contribution to health education in the country.

Ogundare said he was challenged to take on the project due to the low level of infrastructure in the College, appealing for urgent private sector intervention for infrastructure upgrade at the Faculty of Dental Sciences.

“Infrastructure upgrade and personnel motivation can help this College a great deal. If the private sector invests more in healthcare services, capital flight will be prevented and many healthcare services for which Nigerians travel abroad can be accessed at affordable rates and convenience locally. I urge all well-meaning citizens and business interests to urgently intervene.”

Commending Ogundare for his contribution to the college, the provost of the College of Medicine, Professor Afolabi Lesi said the library mirrors the core of the educational institution. This project has touched on the essence of this institution of learning.

Prof Lesi urged other alumni of LUTH in public and private sectors to emulate Ogundare by investing in healthcare services and educational development. He therefore promised that LUTH management will maintain the project maximally.

 

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