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FG Launches National Digital Economy Policy
President Muhammadu Buhari has launched the National Digital Economy Policy, initiated by the Federal Ministry of Communications and Digital Economy.
The unveiling was performed during the e-Nigeria Conference, Exhibition and Awards 2019 at the International Conference Center (ICC), Abuja.
As part of key requirements of the e-government master plan, the President has directed government institutions, “to create a digital transformation technical working group that will work with the Ministry of Communications and Digital Economy to ensure seamless and coordinated implementation of projects, programmes and policies”
He said that the Nigeria e-government interoperability framework, Enterprise Architecture and the Nigeria Data Protection Regulation are in place and all Ministries, Departments and Agencies are expected to comply with these policies.
President Buhari directed the Ministry of Communications and Digital Economy to develop training and sensitization programmes that will be rolled out across all key Ministries, Departments and Agencies (MDAs) to ensure seamless implementation of the master plan.
He reiterated that, the digitalization of key activities such as the Bank verification number (BVN), Treasury Single Account (TSA) and the Integrated Payroll and Personnel Information System (IPPIS) has enabled government to save cost and fight corruption.
The President posited that the second quarter report published by the National Bureau of Statistics (NBS) for 2019, showed that the Information and Communications Technology (ICT) sector, contributed an impressive 13.85% to the Gross Domestic Product (GDP) of Nigeria. This clearly shows the importance and potential of the ICT sector to the job creation and economic diversification agenda of his administration.
In his words, “Nigerian ICT startups are leaving their mark on the global stage. At the Gulf Information Technology Exhibition (GITEX), a Nigerian Artificial Intelligence (AI) Solutions Provider, Chiniki Guard, beat 750 contestants from 76 countries to clinch the number one spot. We shall continue to encourage and support such digital entrepreneurs to develop innovative solutions for local and global challenges”.
President Buhari recalled his directive to the National Information Technology Development Agency (NITDA) at the e-Nigeria 2018 Conference that all government funded ICT projects must be reviewed and cleared by the Agency, and this implementation of this directive has saved over 16.8 billion naira for the Federal Goverment.
Earlier, Dr Isa Ali Ibrahim (Pantami), the Minister of Communications and Digital Economy, called on stakeholders across the country to support the Federal Government in achieving a digital economy by 2023.
The Minister said the administration of President Buhari which is focused on economy diversification, ensuring security and fighting corruption, will leverage on deploying Information Communications Technology (ICT) in achieving the set agenda.
He said delivering a digital economic country prompted the president to recently change the portfolio of the Ministry of Communications to the Federal Ministry of Communications and Digital Economy.
“We are working on development regulations, digital integration, building solid infrastructure, deployment of emerging technologies, as well as local content promotion and we want all hands on deck,” Pantami said.
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Firms Seek Specialized Expertise to Combat AI Cyber Threats – Study Reveals
As concerns about the use of AI in cyberattacks increase, companies worldwide are racing to bolster their cybersecurity strategies, according to a Kaspersky survey.
In a new study the cybersecurity company revealed that 92% of IT and Information Security professionals surveyed in the Middle East, Turkiye and Africa (META) region expect the use of AI by malicious actors to escalate over the next two years.
This growing threat is prompting organisations to prioritise cyber defense expertise, with many turning to cybersecurity vendors for specialised support and training.
In its latest study titled “Cyber defense & AI: Are you ready to protect your organisation?” Kaspersky gathered insights from IT and Information Security professionals across SMEs and large enterprises. The findings underscore the urgent need to prepare for AI-driven cyberattacks.
To combat these evolving threats, companies place high value on cybersecurity expertise, with 94% of respondents in the META region highlighting the importance of growing internal expertise through training for in-house employees, and 93% underscoring the need for external expertise provided by cybersecurity vendors. This need spans sectors from retail to critical infrastructure, emphasising a universal demand for advanced threat protection.
To reinforce their cyber protection, organisations are actively integrating both internal and external expertise. Currently, 36% of companies surveyed in the META region are either implementing or planning to deploy external support to adapt to the evolving threat landscape, while 34% are doing the same through internal training initiatives. Additionally, 61% already use external cybersecurity expertise, and 62% have training programs in place, underscoring a dual approach in fortifying their protection.
Cybersecurity vendors’ expertise can come in various forms, from specialised professional services that help organisations deploy their protection solutions, to advanced expert centers that focus on specific security challenges.
One of these centers is the Kaspersky AI Technology Research Center. It brings together the company’s AI research and development efforts, to deepen the protective capabilities of cybersecurity solutions.
Vladislav Tushkanov, Group Manager at the Kaspersky AI Technology Research Center, says: “Our latest survey shows that businesses are acutely aware of the rising threat from AI-driven cyberattacks and are looking to reinforce their protection through comprehensive solutions, including the use of vendors’ extensive cybersecurity expertise.
The Kaspersky AI Technology Research Center plays a pivotal role by helping us leverage AI advancements to enhance our threat protection strategies and explore innovative ways of using AI in cybersecurity. It also enables us to address security concerns specific to AI itself, ensuring that businesses are prepared for the latest AI-driven threats.”
News
EFCC Dismantles Fake Hotel Review Syndicate, Arrests 105 in Crackdown
Economic and Financial Crimes Commission (EFCC) has dismantled a fake hotel review syndicate and arrested four Chinese nationals and 101 Nigerians for their roles in the elaborate internet fraud scheme.
Victims were allegedly first lured into rating hotels in exchange for small sums of money.
Eventually they would be encouraged to make bookings in any of the rated hotels for as much as $500.
They were told that the company would pay them back with chunky interest into a crypto wallet bearing their names.
However, the victims would in the end not be able to open the wallet.
EFCC announced that the suspects operated out of Naka Hall Plaza on Abutu Garba Street in Gudu, Abuja, where agents recovered 100 compact workstations.
Dele Oyewale, spokesman, EFCC, said the suspects used fake foreign identities to target unsuspecting victims, primarily U.K. residents.
Authorities said the criminal network was allegedly led by the Chinese nationals, who recruited and trained Nigerian youths with advanced technical skills to act as customer service representatives.
These representatives followed a predesigned script to deceive their victims online.
The operation follows a separate crackdown weeks earlier, in which 792 suspects — including 148 Chinese nationals — were arrested for involvement in cryptocurrency and romance scams.
The foreign nationals allegedly used corporate apartments disguised as business centers to train their Nigerian accomplices. These accomplices were reportedly taught to initiate romance and investment scams and use their own identities to carry out fraudulent activities.
The EFCC also highlighted a concerning trend of foreign nationals instructing Nigerians in internet-related crimes.
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AfDB to Partner LAMATA to Expand Existing Rail System
The African Development Bank (AfDB), has disclosed plans to work with the Lagos Metropolitan Area Transport Authority (LAMATA), to boost the state’s transport system with the development of another rail line.
This was contained in a statement signed by, the Head, Corporate Communication, LAMATA, Mr. Kolawole Ojelabi in Lagos.
Ojelabi said that the AfDB Vice President, Private Sector Infrastructure and Industrialisation, Mr. Solomon Quaynor, gave the assurance during a visit to LAMATA.
He added that the bank was interested in partnering LAMATA to expand the capacity of the existing rail system.
“Quaynor was also in the company of the Non-Sovereign Operations and Private Sector Equity Specialist, Mr Mayowa Ayodele ahead of a visit of the technical team to assess the Purple line,” he said.
The Purple Line is a 60-kilometre railroad along the Redemption Camp in Ogun State, traversing Berger, Agege and Alimosho and terminate at Volkswagen to join the Blue Line.
“The visit follows a recent pitch for investment on 60-kilometre Lagos Rail Mass Transit (LRMT) Purple Line at the African Development Bank forum in Morocco, where the Lagos delegation was led by Governor Babajide Sanwo-Olu.
“This is to further discuss collaboration on the project and other lines outlined in the Lagos Strategic Transport Master Plan. The delegation toured the LRMT Blue Line and expressed satisfaction with the progress of the Blue Line rail system,” he said.
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