E-Business
Local Content Development: FG Drums Support for Arravo
Dr. Isa Ibrahim Pantami, minister of Communications and Digital Economy, has said the federal government will continue to support Arravo, a technology solution provider, on its local content development drive, which he added, would enhance digital transformation across the country.
Pantami who gave the commitment during the recent launch of Arravo’s new brand identity in Lagos, said the switch from BCX Nigeria, which hitherto had foreign stakeholders, to Arravo, which is a complete ownership by Nigerians, would enable the new owners to grow the company, using full local content that will benefit Nigerians.
According to the Minister, “FG is determined to advance our indigenous content in ICT within Nigeria, particular as it relates to our national digital economy policy for our digital Nigeria. Any effort that will promote digital economy and indigenous content in ICT, will be welcomed by government. Digital economy is currently dominating the world economy.
According to Oxford Economist, four years ago, digital economy was valued at $11.5 trillion and at that time, it was up to 15.5 per cent of the entire world economy.
Digital Economy in United States of America, in 2017, created up to 5.1 million jobs.
“The COVID-19 pandemic which ravaged global economy, compelled nations to adopt and deploy digital technology, which is a clear sign that Nigeria among other nations, must also embrace digital technology to promote our indigenous content.”
Our digital economy journey started October 24, 2019, when President Mohammadu Buhari consented to our request to upgrade the Nigerian ministry from Federal Ministry of Communications to Federal Ministry of Communications and Digital Economy”, Pantami said.
He added, “From that time, we were mandated to develop national digital economy policy for our digital Nigeria, which we have already done and it was launched by President Buhari on November 28, 2019 in Abuja.
Since the launch, we have been working hard to provide the enabling environment on which digital economy will thrive in the country.
“We came up with eight pillars, which include: developmental regulation, digital skills, solid infrastructure, service infrastructure, digital services, software infrastructure, digital society and emerging technologies, and indigenous content development and promotion.
“Arravo’s vision for local content development is in line with the 8th pillar of government to promote indigenous content, and government will support Arravo to achieve this. We encourage all stakeholders to promote local content and produce what we need, while government will ensure that we consume what we produce locally,” Pantami said.
Mr. Ayo Adegboye, managing director/CEO of Arravo, said the parent company from South Africa decided to diverse their stake outside Africa and a few of us came together as investors to acquire the stake from BCX South Africa and BCX Nigeria. The bold step we took to acquire the multi-million dollar stake, has actually brought us to where we are today, with Arravo as the new brand identity.
“With the rebranding, we are on our way to becoming the industry giant and we are not going to achieve this all alone. We will be collaborating with industry players to achieve our goal of becoming the industry giant.
Our emphasis will be on embracing partnerships and we will try not just to be excellent, but to be exceptional, in order to engage, disrupt and deliver the best of technology solutions for business resilience,” Adegboye said.
Original Equipment Manufacturers present at the rebranding event, equally restated their commitments to continue partnering Arravo, even with its new brand identity.
E-Business
US Supreme Court Upholds Law Banning TikTok
The United States Supreme Court has upheld a law seeking to ban TikTok in the United States.
The court ruled that the law does not infringe upon free speech rights, citing the US government’s legitimate national security concerns about the Chinese ownership of the app.
Last week, the Supreme Court listened to the arguments from ByteDance, TikTok’s parent company, claiming the law violated free speech.
“There is no doubt that TikTok provides a unique platform for expression, engagement, and community to over 170 million Americans,” the justices stated.
With this decision, the ban set for Sunday remains in place, despite calls from lawmakers and officials across the political spectrum for a delay.
Last year, Congress passed a law requiring ByteDance to sell TikTok or shut it down in the US by January 19, reflecting widespread concerns in Washington that the app could be exploited by China for espionage or propaganda.
On Friday, White House officials informed the media that the ban would not be enforced, leaving the final decision to President-elect Donald Trump, who assumes office the next day.
In December 2024, TikTok asked the US Supreme Court to temporarily block a law that would force its Chinese owner to sell the popular video-sharing platform or shut it down by January 19.
The appeal came the same day TikTok, Shou Zi Chew, CEO, met with US President-elect Donald Trump.
E-Business
FG Says NINs will Facilitate Cash Transfers to 18.1m People
Federal government has plans to expand the national social register to 18.1 million names and to reach at least 70 million poor households across the country by the end of this year, according to Prof Nentawe Goshwe Yilwatda, minister, Humanitarian Affairs, Disaster Management and Social Development (FMHADMSD).
Federal government has been distributing cash assistance to poor citizens through a program that requires verification using the National Identification Number (NIN).
The rate of poverty in the country is alarming, the minister said in an interview with Arise News, reason why the federal government plans to extend the humanitarian outreach program to target more homes. Each household receives the sum of N75,000 ($45).
Giving update on the payments, the minister said the first tranche of the conditional cash transfers were paid to five million households between October and December 2024, while the second and third tranches were paid to 2.8 million households.
“The president has directed, based on CBN’s new regulations, that before any payment is made to an individual or household, they must have a digital identity we can trace. That is the NIN number,” the Yilwatda told Arise News.
The cash transfer enabled by digital ID was launched in 2023, and last year, the federal government said around 25 million Nigerians had already benefitted from the scheme.
E-Business
NIMC Grants NCoS Licence to Register Inmates for NIN
National Identity Management Commission (NIMC) has granted licence for the Nigerian Correctional Service, (NCoS) to register inmates in the over 252 custodial centres across the country for National Identity Numbers, (NIN).
The approval followed the request made by Sylvester Nwakuche, acting controller general of the NCoS, who paid a visit to Engr Abisoye Coker-Odusote, director general/chief executive Officer of NIMC, in her office.
The acting controller-general, said the licence to carry out registration of inmates for NIN would eliminate exclusion of inmates from the country’s National Development plans, ensure their safety and security and facilitate their smooth recapture in times of jailbreaks.
The NCoS boss said the visit to the headquarters of NIMC was in search of collaboration that would enable the Service carry out its mandate seamlessly following on going reforms of the Correctional Service system.
According to Nwakuche, there are lots of socio-economic developments within the Correctional Service systems which had led to a number of inmates obtaining University degrees, Masters Degrees and Doctor of Philosophy (PhD) in various fields.
He said such inmates should not be excluded from the national development plans of the country as they should be integrated into the society to become useful for their families and the country.
Nwakuche said inside the Correctional centres are those awaiting trials whose innocence and otherwise has to be decided by the Courts, but argued that in times of National planning, census and other critical national development issues, they should not be disallowed from participating.
Coker-Odusote who granted the licence said NIN has become critical and essential to the country’s national development plans, stressing that NIMC has gone far with the private sector, especially the banks and the Central Bank of Nigeria (CBN) as all banks accounts are now linked with the NIN.
Coker-Odusote said the Eight points Agenda of President Bola Tinubu are also anchored on the Country’s digital identity or National identity Number, stressing that for instance NIN was tied to students loans to eradicate duplicity and prevent ghost beneficiaries.
Coker-Odusote expressed delight in the partnership with the NCoS, saying that the Commission had already entered into partnership with the Nigeria Immigration Service, NIS and other agencies in order to facilitate the smooth delivery of their constitutional mandates.
She commended Dr Olubunmi Tunji-Ojo, minister of Interior, for his dynamic leadership and role in ensuring the delivery of dividends of democracy to Nigeria through various reforms.
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