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Ekeh, Zinox Boss Counsels Techprenuers, Urges Creation of Nigerian Bill Gates
Leo Stan Ekeh, Nigeria’s icon of Hope and chairman, Zinox Group has urged Nigerian technology entrepreneurs to create their own future by digging deeper into different areas of technology.
Ekeh who is also global partner adviser of Microsoft Inc, told technology entrepreneurs who engaged with him in London last week, that Nigeria needed at least one true Bill Gates, in addition to the present crop of Nigerian genuine billionaires to become a successful and sustainable global brand.
According to him, it is an undisputable fact that the richest men in the world are all in businesses that influence choice and decisions aided by the deployment of knowledge like publishing, media and communications, among others.
For example, the family of Walmart makes money from what customers want by deploying knowledge gathered from ICT tools.
“I believe that God’s purpose for this technology-driven century is to reduce the inequalities among peoples but only serious nations with highly resourceful citizens and leaders would take advantage of this knowledge century to emerge on the global stage. How on earth would an Asian or African nation think of competing with any of the developed economies of the world without the power of the brain?” Ekeh added.
Ekeh who brought legitimacy to ICT business in Nigeria, said, that he was sure looking at most of them who were between the ages of 25 to 30, that a lot of them started hearing about Mr. Bill Gates from infancy till date and that the net sustained wealth from the platform launched by a young man and few of his friends created few years ago could challenge the wealth of our nation with a population of 173million.
He urged them to “Think about the multiplier effect and then you will appreciate why you should dig deeper into different areas of technology to at least brand yourself and your families,”
When confronted with the issue of infrastructural challenges in Nigeria which was responsible for the failure of a great number of SMEs, Ekeh told them Rome was not built in a day and that advanced nations such as United Kingdom achieved their current level of technological development over time.
He apprised them that until they come back with world class exposures to make their contribution in different sectors, the nation might continue to struggle.
The Zinox boss reassured them that the country was moving in the right direction and that their parents sent them abroad to study so that when they return, they will better the lots of their families and by extension the whole country.
On their fear on the stability of the country and national economy, he made them realise that only cowards run away from war fronts in a knowledge century.
While telling them that he restricted himself to technology business, he pointed out that it was the duty of every Nigerian to defend the homeland and that they should “not join few of our brothers and sisters in the UK praying for the Naira to be devalued so that their few pounds could be exchanged for more Naira so that they could visit home to intimidate other Nigerians”
He equated such people to those Nigerian elites praying for oil price to continue to go up so that they would have more cash in their banks forgetting that the higher the oil price, the less quality of life for the general populace.
Ekeh analysed that lower oil price would stimulate quality life, reduce cost of doing business and engender the creation of more successful SMEs.This in turn, he said, would reduce the challenges of unemployment which has remained a major headache to the country.
Going further he said, “I am sure you are feeling the global panic over falling oil price in some nations while some structured knowledge-driven nations are celebrating. How can you depend on what you don’t have control over when you can use a free gift from God – that is your brain power and create unimaginable wealth? “
On the question of how he has managed to survive in the technology business in the last 26years with all the challenges facing the country, he said, “You have to be very positive about yourself, your business and the nation before you can achieve anything. My team and I have struggled against all odds to remain relevant in a nation that sees oil as almost everything. I must also inform you that there have been positive signals from government in the last ten years to support technology entrepreneurs.
At Zinox Group, we talk about technology evolution and not revolution and are confident that as one of the main pioneers of the ICT sector in West Africa we shall benefit from our sweat.”
He affirmed that very soon Zinox Group would launch the “Zinox Vision 2040” which would encapsulate the Group’s road map for the nation, West African Sub-region and the continent of Africa. He ended by apologizing for not engaging with them before then.
Two Nigerian lawyers have sued promoters of the Nigerian Law Society (NLS) over allegations of electoral fraud and unlawful use of personal data.
The legal actions follow the recent election conducted by the NLS, a breakaway association formed as an alternative to the Nigerian Bar Association (NBA), to elect its national officers.
In one of the suits, marked FHC/ABJ/05/1506/2025 and filed before the Federal High Court in Abuja, a lawyer, Timothy Tersugh Ahua, is challenging the conduct of the election and the legitimacy of the electoral process.
Ahua named several NLS promoters, including prominent lawyers, as defendants.
They include Senior Advocates, Chief Mela Audu Nunghe, Dr. Ugoji Eze, Secretary of the NLS Electoral Committee, and Chief Bolaji, Chairman of the NLS.
Others named in the suit are Ferguson Chioma Blessing, Chief Emeka Ichoku, and Tejumola Adigun.
Citing provisions of the Federal High Court Civil Procedure Rules, Ahua is asking the court to declare that the NLS electoral process violated its constitution.
He is seeking a declaration that all unopposed candidates, including himself, be declared elected, as published by Dr. Tonye Clinton Jaja, the alternate Chairman of the NLS Electoral Committee.
Ahua claims he was duly nominated for the position of Secretary General but was unjustly excluded, accusing the defendants of hand-picking candidates in breach of the rules.
He further alleged that the exclusion caused him financial loss, reputational damage, and personal hardship, urging the court to correct what he described as a grave injustice.
In a separate suit before the Federal High Court in Abeokuta, another lawyer, Oluwadare Thomas, sued Chief Mela Nunghe, a Senior Advocate of Nigeria, Dr. Ugoji Eze, the Corporate Affairs Commission (CAC), the National Information Technology Development Agency (NITDA), and the Nigerian Data Protection Commission (NDPC), over alleged violation of his data privacy rights.
Thomas is asking the court to determine whether the use and publication of his personal data by NLS election officials without his consent amounts to a breach of Section 37 of the 1999 Constitution and the Nigeria Data Protection Act, 2023.
He also wants the court to consider whether the use of the NLS name for the election, despite a CAC notice and a pending suit, constitutes contempt of court and abuse of legal process.
He is seeking several declaratory and injunctive reliefs, including a court order restraining the continued use of his personal data and an order compelling NITDA and NDPC to investigate and sanction the respondents.
Thomas is also demanding N50m in compensation for the alleged unlawful processing and exposure of his personal information.
The National Space Research and Development Agency (NASRDA) has congratulated Chief Owolabi Salis on his successful space flight. He becomes the first person of Nigerian birth to travel to space.
Chief Salis privately funded his space mission, demonstrating the deep interest of Nigerians to participate in scientific, exploratory, tourism and commercial space activities. His achievement highlights new opportunities for private sector engagement in space Program.
This milestone brings significant international attention to Nigeria’s space program, capabilities, while positioning the nation among countries where citizens actively participate in space activities.
In a statement signed by Dr. Felix Ale, director, Media and Corporate Communications, NASRDA, stated that chief Salis’s successful mission represents one pathway for Nigerian space participation. “His achievement complements NASRDA’s ongoing efforts to expand access to space exploration for Nigerian citizens.
“NASRDA received notification of Chief Salis’s mission through our partner organization, Space Research and Exploration Agency (SERA), prior to the flight. His success demonstrates the expanding opportunities now available to Nigerians in the space sector.
“However, it must be emphasized that the NASRDA-SERA collaborative mission, announced in June 2024, remains on course for an upcoming Blue Origin flight. This program represents a different pathway, providing opportunities for broader Nigerian participation through open competition.
“Our collaborative mission will enable Nigerian citizens to participate in astronaut selection and contribute to the development of research proposals. Eligibility extends to all Nigerian citizens aged 18 and above through transparent, merit-based selection criteria.
“Research priorities for the NASRDA-SERA mission will also be determined through public input from Nigerian citizens. This approach ensures the mission addresses national priorities identified by Nigerian citizens,” the statement added.
The application portal for the NASRDA-SERA program will open in the coming weeks. Detailed application procedures will be announced prior to the portal’s activation.
NASRDA celebrates Chief Salis’s contribution to raising awareness about space exploration opportunities for Nigerians. His private investment demonstrates the practical commitment of Nigerian citizens to advancing our national space participation.
Chief Salis’s achievement marks a defining moment for Nigeria’s space ambitions. Nigeria now has both private citizens and government programs actively pursuing space exploration, positioning the nation as an active participant in the global space economy.
For additional information regarding NASRDA programs or the SERA collaborative mission, contact the agency’s Media and Corporate Communication Department.
The Nigerian Insurers Association has urged the House Committee on Capital Market and Institutions to respect the constitutional separation of powers as it carries out a probe on over 20 insurance firms.
In a statement on Tuesday night, the Director General/Chief Executive Officer of NIA, Mrs Bola Odukale, said the decision of NIA and the affected firms to approach the court was to seek clarity on the constitutional limits of the House Committee’s probe.
It would be recalled that the House of Representatives on Monday is investigating no fewer than 25 insurance companies operating in the country for various financial infractions spanning financial reporting, claims settlement, premium remittance, and issuance of policies.
The Chairman, House Sub-Committee on Capital Market and Institutions, Kwamoti Laori, during a meeting with the management of the insurance companies at the National Assembly Complex in Abuja, said the meeting was convened following the receipt of a petition on infractions by the insurance companies.
In the statement, Odukale said, “The Association wishes to state unequivocally that all actions taken by the NIA and the affected member companies in response to the Committee’s invitations and pronouncements were based entirely on legal advice by its Solicitors. It was on the firm instruction of legal counsel that recourse was made to the courts.
“The objective of approaching the Court is to seek judicial guidance on the legality, propriety, and constitutional limits of the Committee’s intervention in order to safeguard institutional integrity, uphold regulatory independence, and ensure that legislative oversight remains within the bounds of law.
“The Court action seeks to determine whether the current posture of the Committee reflects an exercise of legislative judgment, which, by constitutional design, is the exclusive province of statutory regulators, such as the National Insurance Commission, Securities and Exchange Commission, Nigerian Exchange, Financial Reporting Council, Nigeria Data Protection Commission, and the National Information Technology Development Agency.
“This raises serious questions about legislative overreach and an erosion of the doctrine of separation of powers, a cornerstone of Nigeria’s constitutional democracy.”
Odukale maintained that the NIA was committed to lawful and constructive engagement with all arms of government, provided that such engagement respects the autonomy of statutory regulators and the boundaries established by the Constitution.
“The NIA will continue to provide its full support to all member companies while upholding the principles of legal compliance and sector-wide integrity,” Odukale concluded.
17 of the companies that went to court were represented by their lawyer, Mr Abimbola Kayode, at the meeting with the committee.
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