E-Business
21st Century Technologies Commits $75m to Ogun Digital Economy Project

21st Century Technologies limited ((21CTL), pan African information Communication Technology firm, has partnered with Ogun state government to execute Ogun State Digital Economic Empowerment Project (OGDEIP).

Wale Ajisebutu, vice chairman/CEO of 21st Century Technologies
21st Century injected close to $75 Million to the project in expectation that the initiative would see the economy of Ogun state grow by additional $100 billion.
The mega project was flagged off by Vice President of Nigeria, Yemi Osinbajo in the presence of Prof. Umar Garba Danbatta, executive vice chairman of Nigerian Communications Commission (NCC); Dr Isa Pantami, minister of Communications and Digital Economy; representatives from the National Assembly and other industry stakeholders.
Speaking at the flag-off ceremony, Osinbajo commended Ogun state for taking a bold step in spearheading the move for an overall digital economy in the country.
The Vice President who launched the project virtually, acknowledged a urgent need to democratise access to internet in the country, adding that digital technology is the future of all aspects of human existence.
He said, “This project is a critical component of Mr. President’s objective of broadband connectivity for all by 2023. This ambition is now enshrined in our Economic Sustainability Plan. As part of the national commitment to make broadband connectivity available to all, you would recall that in 2017, the State Governors under the auspices of the National Economic Council (NEC) in 2017 agreed to harmonize right of way charges which is presently being worked on.
“In another demonstration of government’s commitment , the Federal Ministry of Communications and Digital Economy launched the National Broadband Plan which is designed to deliver data download speeds across Nigeria of a minimum 25Mbps in urban areas and 10Mbps in rural areas, with effective coverage available to at least 90% of the population by 2025 at affordable prices”.
Osinbajo also commended 21st Century Technologies for its huge commitments to the project , adding that this would revolutionize every aspect of the socio-economic life of Ogun state.
Earlier, Dapo Abiodun, Governor of Ogun State stated that the strategy of OGDEIP was to provide broadband connectivity to every corner of Ogun State.
“This is a joint project between our administration and our partner, 21st Century Technologies Limited , to deliver fibre-optic cables and mechanics across all our 20 Local Government Areas within the next two years.
“The first phase of OGDEIP will establish a fibre optic network ring around the entire State that will ensure connectivity particularly for key educational institutions, government agencies and residents in unconnected and under-connected areas”.
In his remarks, Wale Ajisebutu, vice chairman/CEO of 21st Century Technologies limited affirmed that the initiative would see all business sectors and citizens of Ogun state operate digitally, using fibre networks infrastructure, knowledge infrastructure and marketing and network.
He said, “ The network infrastructure will facilitate GSM services, financial inclusion , data storage, development of innovative ideas by startsup and universities.
“This would also enable industries while placing Ogun state in the heart of the 4th industrial revolution where science, technology and social media are rapidly transforming the world “
He urged all hands to be on deck to ensure the project achieve enviable success.
E-Business
Amazon CEO Says AI will Reduce Number of Workers Needed

Amazon’s management on Wednesday said that it expects that artificial intelligence software will reduce the number of office workers at the world’s largest online retailer.

Andy Jassy, chief executive, Amazon
“We will need fewer people doing some of the jobs that are being done today and more people doing other types of jobs,” Andy Jassy, chief executive, Amazon wrote in an email to employees.
He said it was difficult to predict how the overall workforce will evolve, but in the next few years, it is expected that AI efficiency gains will lead to a reduction in the number of office workers.
According to earlier reports, Amazon employed around 1.5 million people worldwide, with approximately 350,000 office employees in various roles.
The Wall Street Journal reported that the company does not anticipate further large-scale layoffs, as seen in 2022 and 2023, in the near future.
Instead, it expects that vacant positions will not be refilled.
However, layoffs are not ruled out, according to sources familiar with the matter.
“Amazon is focusing on so-called AI agents, software capable of independently performing tasks. These agents could, for example, summarise information from the web and data sources, write software, translate languages and automate many time-consuming tasks,” Mr Jassy explained.
“Agents will be teammates that we can call on at various stages of our work,” he added, urging employees to experiment with AI whenever possible.
The impact of AI on the job market has been a concern for many years.
Recently, Spotify, the leader in music streaming, announced that teams requesting additional staff would first need to prove that AI could not perform the tasks.
The creators of the language-learning app Duolingo plan to gradually replace external workers with AI.
E-Business
BPP Partners NDPC to Strengthen Data Protection

Dr Adebowale Adedokun, director-general, Bureau of Public Procurement (BPP), has reaffirmed the bureau’s commitment to data protection in Nigeria.
He disclosed this in a statement at the weekend by Zira Nagga, head of Public Relations, BPP, following a courtesy visit by a delegation from the National Data Protection Commission (NDPC).
Adedokun stressed that data protection is vital to Nigeria’s economy and development, particularly in areas such as demography, health, education, and other key sectors.
He emphasised that no country should leave its data unprotected, as it plays a crucial role in future planning and national development.
“Data governs the world. It is essential to technological progress and must be protected for a country or business to be taken seriously,” he said.
Adedokun described the visit, aimed at fostering partnership on data policy implementation and protection, as timely and aligned with national goals.
He said the BPP would collaborate closely with the NDPC to boost data development, capacity building, and enhance the procurement system.
“The BPP will support compliance as part of the ‘Nigeria First’ Policy, although it is not a core procurement eligibility requirement,” he explained.
He suggested a hybrid training model to help build strong capacity in data protection, privacy awareness, and policy understanding.
According to him, a dynamic training approach will reduce logistics costs and improve public confidence in data safety and privacy.
Dr Vincent Olatunji, CEO, and national commissioner, NDPC, praised Adedokun and the BPP for supporting data protection initiatives.
He said the partnership supports President Bola Tinubu’s vision and will strengthen data privacy across Ministries, Departments, and Agencies (MDAs).
“The collaboration will create awareness and train BPP staff to ensure a firm grasp of data protection principles and policies,” he stated.
Olatunji said the NDPC would establish a working group to finalise a Memorandum of Understanding beneficial to both institutions.
He added that President Tinubu signed the NDPC into law on 12 June 2023 to uphold citizens’ rights and protect national and business data.
Olatunji also noted that strict legal measures were in place to enforce data protection and ensure full compliance nationwide.
Both agencies agreed to form a team to sign the MoU and focus on capacity building and data management in procurement and beyond.
E-Business
FG Mulls Fibre Optic Layout to Bridge Internet Gaps

President Bola Tinubu said that his administration has initiated a project to install fibre optic cables across the country, aimed at enhancing the socio-economic development of Nigeria.
His plans were contained in a speech he delivered at a joint session of the National Assembly in commemoration of Democracy Day on Thursday, June 12.
He said the fibre optic layout is part of other projects being embarked on.
“In addition, we have embarked on an ambitious project to lay fibre optic cables across the nation, a transformative step toward bridging the digital divide and fostering greater connectivity.
“This initiative promises not only to enhance the speed and reliability of internet access but also to revolutionise how businesses operate, how students learn, and how communities stay connected,” Tinubu stated.
He maintained that by extending this critical infrastructure, his government is empowering entrepreneurs, enabling digital education, and providing the tools for our youth to compete in a globalised world.
In a most recent report on Internet connectivity, The ICIR pointed out how Nigeria has faced setbacks in its deployment of fibre optic cables and needs a transformation.
The challenges revolve around vandalism, inadequate coordination between road construction and telecom infrastructure, and varying right-of-way (RoW) charges across states.
Among industry experts, these issues impact network outages, increase repair costs, and hinder broadband expansion efforts.
It has also further threatened the digital economy, leading to slower Internet speeds, dropped calls, and unreliable connectivity among others.
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