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Cost of Broadband to Crash in 2014-Aladekomo

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Benjamin Ademola Aladekomo is immediate past president, Nigeria Computer Society (NCS); and group managing director, Chams Plc: a company he established immediately after his MBA program in 1985 with next to nothing, in terms of finance.
Chams pioneered and currently dominates Identification and payment technologies for governments, financial institutions and corporate Nigeria and owns famous Digital Mall: biggest ID/Payment Card personalization plant in the world. It produced the first successful one million national ID cards where foreign companies and multinationals have failed over decades.
His company also produced 70 million voters ID cards for INEC and created the largest database towards solving the country’s election Voter ID database.
Aladekomo, spoke to peter ugwu on national IT related programmes and sundry issues.

Driving Force behind Chams Plc
What has been driving us is our faith in God; believe in ourselves and our country. Our vision calls from that and our core value “Faith in God”.
Chams become a household name in computer hardware and maintenance services. The company went through the processes of networking, identification, systems repairs; and today it is highly regarded in identity management and payment systems.
We service practically all the sectors of the economy and we have a lot of companies passing through us. 
Like we have always maintained, our envisioned future depends on being extremely influential and highly visible in global technology as our trusted cutting edge technology will enhance the quality of lives in a manner that glorifies God.

Cards and e-Payments Campaign
Long before CBN started, we have been campaigning for the use of PoS terminals and other electronic devices in transacting businesses.
Chams was the first company to deploy about 2, 000 PoS terminals as way back as 2002-3.
We were the first to have a large concentration of cards production; bring in kiosks into the market; and in several areas.
In terms of identity management, we are the leading indigenous company in Nigeria.
Even in e-Commerce, we have tried to stabilize our stand in that area.
Value card added platform was done by the Chams and deployed to the banks for use.
They are quite a lot we have done in popularizing e-commerce and e-payment in the country. The first call fund transfer company was formed and implemented by Chams. The first ATM in Nigeria was printed Chams.

Is Government doing enough in E-Payment?
I believe the government is doing its very best in formulating policies and implementing them, especially from the CBN’s perspective.
They have done a great job by coming up with policies that will reduce the volume of cash and improve on the way business is done in the country.
Although someone may ask, is that the best they can do; possibly not. We should not forget that they are leapfrogging; jumping several levels of technology, and is not easy to implement.
One thing about Nigerians is that we are a nation in a hurry. We want a policy introduced today to meet 100% request the same day.
For us in Chams Plc we do not expect a miracle to happen overnight. Nations are built to last for centuries, likewise companies.
Policies should be there to last for a while before they are changed. If you assess the cashless policy from that perspective it cannot cover the whole country from day one, not all devices will work form that date, not all the ATMs, cards, PoS will work at kick off period, but if you  stay at it, keep a healthy perception, attitude towards the events they will determine how far you can reach. With the right attitude towards the scheme it is going to succeed.

Cashless Policy Succeeding
We have improved dramatically in the number of ATMs, Cards, PoS terminals and volume of transaction.
I can authoritatively tell you that before the cashless economy started we had about 20,000 PoS terminals.
Currently, we have more than 170,000. And that is the kind of percentage increase; if you look at the volume of transactions by e-channels, they have increased by 100%. Mobile banking has also received a boost; likewise the e-commerce is becoming a germane on its own.

Challenges with the Implementation
The basic challenge is communication-broadband access or universal access; yes, voice communication is stabilizing now, but data communication is not doing very well.
And that has affected the cashless programme in the sense that a lot of PoS machines are not working as expected.
In any case, we have witnessed tremendous changes in all the areas. Also, a lot of people are not using the channels like the PoS, what I said earlier about technologies coming to particular environment is that literacy, affordability and need should be considered.
If you take the issue of literacy and need, a fruit seller along the road may not see the need or benefit. So, cashless or no cashless at the level, the need is not there, the volume of trade is still is quite low. If we look at Cards users, banks customers across the country are about 45 million.
 Minus that from 160 million, the rest are without cards. That is basically the issue and reason the PoS terminals will take some years to become permissive.
Literacy, I must highlight is in two levels. There is literacy in terms of communication to (educating or informing) the people, that they can adopt PoS even for a business that involves N20. But that means the operators have to reduce the charges.
Other hand, there is literacy that involves people going to school, studying and becoming educated. The processes will take time, but we shall get there as a nation.
And technology adoption also take a while, like the ATM, it took a while for people to buy into it. Now a lot of people are comfortable with it. But the number is still far-fetched as regards people with bank accounts.

As a Member of the National Broadband Committee
The Committee was inaugurated recently and the terms of references are to lead in the measure to deploy broadband to all the nooks and crannies of the country.
The Committee will first ensure we have backbones to facilitate the implementation; by getting Right of Way (RoW), the incentives from government to aid the operators, and reliefs, invite investors as well.
When those things are done combined with patronage and support to investors, the next step would be massive literacy campaign for the usage.
There will be road-shows to all the states in the country. There will be communication to corporate bodies, private sector, and anybody that needs to embrace the technology.
In saying this, I must commend the Mrs. Omobola Johnson, minister of Communication Technology for all the work that she is doing, especially in the area of broadband policy.
Estimating That Penetration Would Crash Prices
We have close to 10000 terabyte of bandwidth at the shores of Lagos, out of which 10% has been distributed.
There are lots being implemented now. With this committee coming up, the processes are going to be accelerated.
I see that towards the end of 2014, there would have been substantial broadband penetration into the rest of the country; where some State capitals would have major bandwidth delivered to them to the extent it will affect the price.
Meanwhile, I cannot bet that it will get to the rural dweller, who may not have the need for it. The most important thing is to spot out the need and affordability.
Because of the huge bandwidth coming I see prices crash in 2014 affecting the voice tariffs also. In 2014, we are going to witness enormous crash of those tariffs.
 From 2015 we are going to be seeing a lot of hotspots that will even be free in certain areas. These are as result of the implementation of the national broadband plan.
 I like sharing the progression: two-three years back when you go to some hotels, just a handful of then had access to data communications.
And how many offices had access to it? Now it is becoming more democratized. Also, in the past for you to have access you need a big modem to get connected, but now it is becoming more wide spread.
The broadband council is now focusing connecting all major cities in the country targeting 2015. The plan includes the 774 local governments’ headquarters.
Once you have gotten to that level, it implied that the 1000 terabytes would have been deployed. So, as supply outweighs the demand, the prices will crash.

Financing the Deployment
Mainly, 91% funding of the project will come from the private sector, while the government provides the rest.
And the government has started working by developing a National Integrated Projects Master plan. Making broadband available is one of the objects driving the plan.

Foreign Direct Investments (FDIs) or Locally Driven
 Most FDIs have local counterparts and funding. Nobody brings 100% funds into a country. They may invest as high as 80%, but the local complement must be there. The local investors have the first right of refusal; they are the ones preparing the policies, know the pulses. For instance, the telecos in Nigeria have Nigerians as their chairmen, meaning they are investors in the business. So, they are going to benefit.

Criticism of FG’s Decision to Involve MasterCard in the National ID Scheme
I must say that Chams Plc is fully involved with the National ID project. We have a company called Chams Consortium Limited; one of the two potent parties in the project.
The Consortium is made up of three companies that came together to implement the scheme. However, Chams Plc is the technical operator within the consortium, providing 95% of the technologies used by the group for the project.
Our functions range from enrollment, cards personalization, payments and verification services.
These are called potent services. We have the back up where the data are kept.
In 21 States of Nigeria, Chams Plc will be doing enrollment. 50% of the Cards will be issues by Chams consortium.
The payment mechanism on the cards will also be operated by Chams Plc.
With regards to federal government’s partnership with the MasterCard, which several people have criticized, we do not believe such agreement would have been signed.
MasterCard signed an agreement with Chams, we took them to the federal government and government went and signed another agreement with them.
That is called tautology; it is uncalled for. We already have the concession agreement signed between us and the federal government and between us and MasterCard.
We do not know what the agreement between the federal government and MasterCard is all about.
We are going ahead to deploy as designed by us and accepted by the Government. Our design is what the government is implementing.
I have a feeling that the government because they have a problem with the first consortium they want to become potent processor themselves.
Government has no business in business. We should use PPP to fund national infrastructure restoration.
Look at the beautiful thing happening among the telcos; where is NITEL? Now the government wants to toe the line of NITEL.
They should leave the national ID to the private sector to implement, while playing supervisory role.


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DecemberIssaVybe: FirstBank Sponsors ‘The Cavemen Concert’, Thrills Audience

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By Oladapo Sofowora

December is a particularly vibrant and deeply meaningful month in Nigeria, imbued with a palpable sense of excitement and celebration that permeates the air. As daily life slows down, this festive season offers a welcome opportunity for relaxation and togetherness. Families and friends gather to create cherished memories, participating in a rich tapestry of cultural activities that showcase Nigeria’s diverse heritage.

The month is characterized by a colourful array of events, including theatrical plays, musical concerts, traditional festivals, operas, fashion shows, poetry readings, and various forms of performance arts, all reflecting the dynamic cultural expressions of Nigerian society.

As December unfolds, the excitement continues to build, with streets and homes becoming vibrant displays of holiday spirit. Elaborate decorations adorn every corner, featuring colourful Christmas ornaments, twinkling lights, and festive paraphernalia that evoke a sense of wonder and joy. Evening skies light up with breathtaking fireworks, illuminating the night and further enhancing the joyous mood of the season. Year-end Thanksgiving parties have become commonplace, offering spaces for loved ones to gather, share meals, and express gratitude for the blessings and experiences of the past year. This period also allows Nigerians to reconnect with family and friends, many of whom travel from various parts of the globe to partake in these significant celebrations.

As the year-end festivities for 2024 draw near, FirstBank has thoughtfully curated an exhilarating lineup of events under the DecemberIssaVybe program, aimed at enhancing the enjoyment of this festive season. A highlight of this initiative is the much-anticipated concert featuring The Cavemen, a celebrated musical duo. Which was held on Friday, December 27, 2024, at Muri Okunola Park, located along the bustling Lekki-Epe Expressway, the event brought Lagos to life with a captivating performance that seamlessly blends highlife, soul, and folk music. Attendees enjoyed an engaging experience filled with mesmerizing sounds for over an hour, keeping them on their feet and immersed in the rhythm.

The atmosphere at the concert was electrifying, drawing a diverse crowd of enthusiastic youth eager to experience The Cavemen’s unique interpretation of highlife music—a genre deeply rooted in Nigerian culture and characterized by its rich, rhythmic beats and soulful melodies. The concert also featured an impressive lineup of other notable artists, such as the popular act Ckay, who collectively contributed to a night filled with remarkable entertainment and unforgettable performances.

The stage witnessed a pulsation of energy as The Cavemen’s talented band propelled the evening forward, delivering an infectious performance marked by masterfully executed guitar riffs, powerful drumming, and enchanting vocals. Audiences found themselves wholly absorbed in the moment, as the music unites them in joy and celebration, showcasing the revitalization and redefinition of the highlife genre that The Cavemen have pioneered.

In addition to the music, the concert artfully integrates comedic performances, highlighting the vibrant and diverse creative entertainment scene in Africa. Acclaimed comedians took to the stage, drawing laughter and delight from the crowd, while emerging music also had their moment in the spotlight, receiving enthusiastic applause and encouragement from an appreciative audience.

Recognising the profound impact of December in nurturing relationships and spreading joy, FirstBank has actively engaged its First@arts initiative to launch the annual DecemberIssaVybe campaign. This initiative is meticulously crafted to inspire and empower individuals across Nigeria to create and experience exhilarating moments throughout this joyous season. By providing fully sponsored access to premium concerts, theatrical performances, shows, and festivals featuring some of the industry’s top entertainers, FirstBank aims to alleviate the financial burdens that often accompany festive celebrations.

In a time marked by economic uncertainty, FirstBank stands as a crucial support system for Nigerians wishing to celebrate without the weight of added financial stress. With a proud legacy spanning over 130 years, this esteemed financial institution has woven itself into the fabric of Nigerian life. FirstBank has long championed numerous festive concerts showcasing Africa’s music icons, including Kizz Daniel, Davido, Burna Boy, Asake, and Tiwa Savage, crafting unforgettable experiences for music aficionados across the nation.

The DecemberIssaVybe campaign encapsulates the essence of creating lasting memories during this festive season. It serves as a dynamic platform for both local and international audiences to immerse themselves in unique, culturally rich experiences tailored to the holiday spirit. Since its inception in 2018, the FirstBankIssaVybe campaign has quickly become a highly anticipated annual event, delighting participants with exhilarating moments designed to resonate and linger long after the celebrations are over.

Olayinka Ijabiyi, the Acting Group Head of Marketing & Corporate Communications at FirstBank, emphasized the institution’s unwavering commitment to crafting a ‘Wow December to Remember’ experience for individuals of all ages.

He stated, “FirstBank is devoted to facilitating memorable homecoming experiences this December through gatherings such as weddings, family reunions, and festive celebrations, ensuring that every moment spent together is cherished.” Through this commitment, FirstBank continues to play a pivotal role in the celebration of culture and community during this significant time of year.


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Corporate Blackmailers as Tinubu’s Enemies

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By Aliyu Gaya

Corporate blackmail is fast becoming the fancy of some netizens, corporate bodies, individuals, especially fly-by-night persons who target the rich and their businesses for diverse reasons. It’s not restricted to Nigeria, though.

The likes of Aliko Dangote, Mike Adenuga, Leo Stan Ekeh, Segun Agbaje, Tony Elumelu, and corporates like GTCO (Guaranty Trust Holding Company), Zenith Bank, Zinox, Globacom, among others, have at one time or another faced a blizzard of blackmail.  The blackmailers’ intents are multifarious: to make easy money (ransom), damage the reputation of their target, ruin an enterprise, or inflict emotional trauma on their victims.

In the past few years, several multinationals have left the country. On paper, some of the multinationals claim forex crunch, rising cost of doing business and in some cases, their inability to remit their profits out of the country to service loans in their home countries or elsewhere as reasons for exiting Nigeria, Africa’s largest market for all products and services.

But those who ever cared to investigate the cause of the unprecedented exodus of these multinationals would easily point to blackmail as the chief reason for the mass exit of these mega corporates as well as a major reason why other foreign investors were frustrated from investing in Nigeria. The Nigerian bureaucracy can blackmail you out of business by denying you all necessary niceties, documents and requirements that would enable you set forth or grow your enterprise.

How about this? In September 2023, when President Bola Tinubu attended the G20 Summit in India, one of his first assignments was a meeting with Mr. Prakash Hinduja, Chairman and CEO of the Hinduja Group of companies, a conglomerate with a total asset portfolio exceeding $100 billion. The Indian billionaire lauded Tinubu and pledged to invest in Nigeria only because of his confidence in the Nigerian president. But he did not fail to remind President Tinubu how he was frustrated years back when he attempted to invest in Nigeria.

His exact words: ”I have had paperwork stalled in Nigerian bureaucracy for over one year, especially in FCT. But I knew that you would be purpose-driven in this endeavour and God will help you to turn Nigeria’s rich promise into rich reality for all of its citizens.”

Any discerning mind would notice the rebirth of hope in an investor who had been frustrated out of Nigeria by Abuja bureaucracy. In case you don’t get it, Mr Hinduja was referring to another type of common blackmail in Nigeria. “If you don’t see us, you won’t get the support you need.” Plain bribery and corruption which runs in the civil service.

In the United States, a country with unapologetic capitalist culture, blackmail is considered a serious crime under federal law and every state law. Culprits can be jailed and/or punished with huge fines in some cases. The same applies in Europe and Asia where the blackmailer is neither spared nor pampered.

Nigeria has a panoply of laws including the Cybercrime Act to deal with corporate blackmailers. However, the laws are made weak because, in some cases, the legal processes are convoluted and drag leisurely, making the suspects exploit loopholes within the system to dodge conviction. The blackmailers are like the cunning fox. They know that reputational damage is a high risk for their victim; hence, they often drag the case in a court of law to keep it perpetually on the front burner of public discourse in the media.

But truth be told, these blackmailers are the real enemies of Nigeria and President Tinubu. For while Tinubu is making genuine efforts to woo investors to Nigeria, blackmailers are busy rubbishing existing investors and especially indigenous investors. If we don’t treat our indigenous investors well, how do we expect a foreigner to invest in our economy? This is the paradox and the real reason Tinubu should come hard on corporate blackmailers.

A few instances of corporate blackmail and embarrassment. Nigeria’s highly successful business honcho, Mike Adenuga, had his office brusquely raided in 2006 by operatives of the Economic and Financial Crimes Commission (EFCC). The raid and ‘arrest’ of Adenuga were widely exposed in the media. At the end, it turned out that Adenuga had nothing sleazy in his closet that the accusers could use to nail him in the court of law. But he was sufficiently terrified and blackmailed such that he had to go on temporary exile from Nigeria to Ghana to the UK.

Another Nigerian business success story, Aliko Dangote, has been in and out of blackmail, sometimes from competitors, career blackmailers who want a chunk of his money, or even public institutions who, rather than help his business empire to thrive and keep thriving, prefer to bring him down. The most recent of such serial blackmail is the running campaign to discredit his $20 billion refinery. First, they claimed it was non-existent, and that failed. They switched to, it can never take off, which also failed. They tried the fib that the refinery was producing low-quality products; this also failed. Then, there was that disingenuous yarn that he had no approval, no licence for the project, yet the same Federal Government acquired 7.5% of an unlicensed company shares with public fund? This, again, failed to fly. There were many more, but they all crashed, as does every lie.

Then, there was the failed but long-drawn corporate blackmail against Leo Stan Ekeh, the listless and gifted founder of the Zinox Group, a global conglomerate spanning ICT, e-commerce, real estate, pharmaceuticals, entertainment, and more. His case is such that pools tears in the eyes. A case of a fry threatening to swallow a barracuda. Several studies have identified envy, money (ransom), extreme competitiveness, desire to tarnish a reputation, a knack to hurt an enterprise and inflict emotional pain on the business owners as some of the drivers of corporate blackmail. In some cases, it may just be one of the factors named above. But in the case of Ekeh, it’s a combination of envy, extortion, and reputational damage.

The case of Ekeh is one that tasks your state of sanity. It got me thinking about how much premium Nigerians, nay Africans, place on their brightest and best, especially those who by sheer dint of hard work, tenacity, and courage to dare the odds, burrowed their way from the lowest nadir of their enterprise to the zenith of it.

Nigerian entrepreneurs like Ekeh and many others across the country built their businesses from scratch. They deserve praise for their industry and deserve to be protected from blackmail hawks. The various but failed attempts to link Ekeh and any of the companies associated with his name to unhealthy corporate governance smacks of desperation and a primitive show of disrespect for a man whose collateral is integrity. Any African who plays big in the Africa ICT marketplace knows that without integrity, you cannot have as much as a handshake with over 31 global brands like Microsoft, Apple, HP, Samsung, IBM, Cisco, Starlink, among others. Zinox Group does.

Every Nigerian government at national and sub-national level claims they are wooing foreign investors. But they forget that how Nigeria treats her indigenous investors will influence how foreign investors perceive the Nigerian market. You cannot expose your home-grown investors to the vagaries of blackmail and treachery and expect foreign investors to trust you. This is the task before Tinubu. He must cleanse the corporate ecosystem of both systemic and individual blackmailers.

Gaya, a Public Policy Analyst, writes from Kano


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Nigerian Airports to Get Mobile Courts to Try Unruly Passengers

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Nigeria Civil Aviation Authority (NCAA) has announced plans to establish mobile courts at airports across the country to address the issue of unruly passengers.

 

This initiative aims to curb incidents of passengers attacking airline and airport staff or disrupting airport services due to flight delays and cancellations.

The decision was made following a stakeholders’ meeting in Lagos, where representatives from the Federal Airports Authority of Nigeria (FAAN), the Nigerian Airspace Management Agency (NAMA), the Nigeria Meteorological Agency (NIMET), and the Airline Operators of Nigeria (AON) discussed the rising cases of passenger misconduct.

The meeting also addressed extending operational hours at sunset airports to 10:00 p.m. to mitigate flight disruptions.

NCAA Director of Public Affairs and Consumer Protection, Michael Achimugu, emphasized the need for sensitization campaigns against unruly passenger behavior and the deployment of Aviation Security (AVSEC) officials to de-escalate aggression professionally.

The mobile courts will ensure that offenders are prosecuted and held accountable for their actions, reinforcing the commitment to maintaining decorum within Nigeria’s aviation industry


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