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General News

Discussions At TGN-YES 2017 To Focus on ‘Think Innovation’

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Elbativeni Foundation
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By peter oluka

The Generation Next Youth Empowerment Summit (TGN-YES) 2017 theme focuses on “Think Innovation”, as the organizers say the platform seeks to identify the talent power-passion, inborn in the youth spread across the country.

With participants drawn mostly from the Federal Capital Territory, (FCT), “Think Innovation” was carefully chosen to x-ray how young people can succeed against tough circumstances and igniting them towards crossing barriers, breaking new frontiers and daring to achieve outstanding heights in their various endeavours, personally and for nation’s development.

The generation next youth empowerment summit (TGN-YES) is an initiative of Elbativeni foundation, a social enterprise arm of Elbativeni Impressions and Consults.

Speaking on the choice of the theme, Founder, Elbativeni Foundation, Destiny Obiakoeze, identified youthful exorbitance and inactivity as some of the major problems plaguing the world today. “In Nigeria, an average youth only considers him/her self a liability to their parent / guardian and the society (Government) generally.

She said, although much has been said and done on youth development as regards innovation and creativity in entrepreneurship and Information and communication technology (ICT), however, TGN-YES was intended to build capacity for the youths in Nigeria and indeed Africa, who are living in a contemporary and challenging time, as integral to engendering their development and upward advancement, for a better Nigeria.

“Elbativeni Foundation and Elbativeni Impressions and Consults, see the need to play its part in harnessing and utilizing resources available to ensure that the gaps that exist in the lives of youths are bridged. The project is targeted at addressing their specific needs, and creating the desired impact of change, in the lives and endeavours of the target group (youth).

“The foundation over the years has been doing much as regards youths and how they can be instruments of change and drivers of development in their immediate communities and the country in general”.

Obiakoeze said that prominent personalities and seasoned entrepreneurs have agreed to speak that the Summit scheduled to hold on October 28, 2017 at the IBI center, Discovery Mall off, opposite Ecobank, off Ademola Adetokunbo, Wuse II – Abuja.

“The vision is specifically to Inform, reform, sensitize and empower the youths on basic philosophies of life that are crucial and strategic to achieving outstanding successes in their various endeavours in the Nigeria of today.

“The numbers of youths from the country’s population that are displaced, unemployed and sometimes dim-minded continue to grow exponentially, over the years. Meanwhile, just a little nudge or push  with deliberations, advocacy and strong ideas for relevance and impact, can be the much needed antidote, to help set them on the right track, toward living a more productive and accomplishing life in the society.

“The TGN YES 2017with the theme ‘Think Innovation’ seeks to combine passion and business acumen to develop several solutions that are needed now especially at a time where the nation is considering diversification as an alternative to total dependency on Petroleum resources”.

Obiakoeze who doubles as Head, Strategy; Elbativeni Impressions and Consult, disclosed some of the opportunities at the summit as include: Ten (10) Start Up Business will win FREE Business Support services at the Summit during our on-site raffle; 20 Ladies will be selected from participants to attend free six months ICT training from February 2018 to July 2018 and soft loans available to participants and free Summit shirts to be won by raffle.

“More opportunities will continue to unveil and will each be revealed at the summit. For marketing support, branding and sponsorship opportunities: get involved- take advantage of our sponsorship opportunities and leverage on our laudable project, she said.

The TGNYES was first organized in 2010 in Kaduna State, with the Theme “Empowering your Uniqueness”. The event drew youths from different parts of Kaduna and was graced by sensational speakers including Dr. David Osei from Ghana.

“In May 2016, the second edition was convened at Abuja with the Theme “Limitless Possibilities” which was graced by notable young entrepreneurs from near and far.

“The Foundation is organizing the 2017 edition of the TGNYES which promises to be bigger and better,” Obiakoeze added.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

General News

Nigeria to Launch $40 Million Fund for Tech Startups

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Nigeria has plans to launch a $40 million fund to support early-stage tech startups, aiming to strengthen the country’s entrepreneurial ecosystem and reduce young companies’ reliance on private investors.

Nigeria to Launch $40 Million Fund for Tech Startups

The fund will be equally financed by the Japan International Cooperation Agency (JICA) and the Nigeria Sovereign Investment Authority (NSIA), which manages the national sovereign wealth fund.

Kashifu Inuwa Abdullahi, director general, National Information Technology Development Agency (NITDA), confirmed the final agreement would be signed within the next month.

The initiative is part of Nigeria’s Startup Act, adopted in October 2022, which aims to create a favorable environment for startups through tax incentives and financial support.

The act established a 10 billion naira (approximately $8.6 million) annual fund to finance certified startups through seed funding, grants, or loans.

According to Disrupt Africa, Nigeria’s startup ecosystem attracted over $2 billion in investments between January 2015 and August 2022, positioning the country as Africa’s leader.

Companies like Flutterwave, Andela, and Opay achieved multi-billion-dollar valuations.

, fundraising dropped to $224 million in 2023, down from $531 million in 2022 and over $1 billion in 2021.

This decline highlights the need for government intervention to revitalize the tech ecosystem amid investor caution.

The new fund marks a significant step for Nigeria, which aims to foster local innovation.

Currently, 12,948 companies are registered as startups, benefiting from a three-year tax exemption. Low awareness of the law’s benefits has prompted the government to plan a nationwide information campaign.

By facilitating access to funding, the initiative could strengthen support for existing startups and stimulate new tech ventures, reinforcing Nigeria’s position as a leading hub for digital innovation in Africa.


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Nigeria, Kenya among Nations Running out of HIV Drugs – WHO

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Eight countries – six of them in Africa, including Nigeria, Kenya and Lesotho – could soon run out of HIV drugs following the US government’s recent decision to pause foreign aid, the World Health Organization (WHO) has said.

Nigeria, Kenya among Nations Running out of HIV Drugs - WHO

US President Donald Trump announced the freeze on his first day in office in January as part of a review into government spending.

“Disruptions to HIV programmes could undo 20 years of progress,” Tedros Adhanom Ghebreyesus, WHO chief warned.

It could also lead to more than 10 million additional cases of HIV and three million HIV-related deaths, he added, noting this was “more than triple the number of deaths last year”.

Nigeria, Kenya, Lesotho, South Sudan, Burkina Faso and Mali – as well as Haiti and Ukraine – would run out of live-saving anti-retroviral (ARV) medicines in the coming months, Dr Tedros said at a press conference on Monday.

Trump’s executive order paused foreign aid support for an initial duration of 90 days in line with his “America First” foreign policy.

It has affected health programmes around the world, leaving shipments of critical medical supplies, including HIV drugs, greatly hampered.

The majority of the US Agency for International Development’s (USAID) programmes have since been terminated.

Despite a waiver issued in February for the US’s ground-breaking HIV programme, its work has severely impacted.

Known as the US President’s Emergency Plan for Aids Relief (Pepfar), it relies on logistical support from USAID and other organisations hit by the turmoil.

It has led to the “immediate stop to services for HIV treatment, testing and prevention in more than 50 countries”, Dr Tedros said.

Launched in 2003, Pepfar has enabled some of the world’s poorest people to access anti and has been credited with saving more than 26 million lives worldwide.

During his first days in office, Trump also announced that the US would pull out of the WHO, affecting funding for the global health agency.

“The US administration has been extremely generous over many years. And of course, it’s within its rights to decide what it supports and to what extent,” Dr Tedros said.

“But the US also has a responsibility to ensure that if it withdraws direct funding for countries, it’s done in an orderly and humane way that allows them to find alternative sources of funding.

An estimated 25 million people are living with HIV in sub-Saharan Africa, which is more than two-thirds of the global total 38 million people living with the disease.

In Nigeria, nearly two million people are living with HIV, with many relying on receiving aid-funded medicines.

Kenya has the seventh-largest number of people living with HIV in the world, at around 1.4 million, according to WHO data.

“We ask the US to reconsider its support for global health, which not only saves lives around the world, it also makes the US safer by preventing outbreaks from spreading internationally,” Dr Tedros said.


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NIN Enrolment Hits 117.3m – NIMC

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National Identity Management Commission (NIMC) has announced that as of February 28, 2025, the number of Nigerians enrolled in the National Identification Number (NIN) database has reached 117.3 million.

NIN Enrolment Hits 117.3m - NIMC

This marks a significant increase of over seven million registrations since September 2024, when the figure stood at 110 million.

Gender and State Distribution

The latest statistics reveal that 56.5% of registered individuals are male, totaling 66.2 million, while 43.5% are female, at 51.07 million.

Among states, Lagos leads with 12.6 million registrations, followed by Kano with 10.2 million and Kaduna with 6.9 million.

This is consistent with the high populations in Lagos and Kano.

Other states with notable enrolment numbers include:

Ogun (4.9 million),

Oyo (4.5 million),

Katsina (4 million).

In contrast,

Bayelsa (758,111),

Ebonyi (990,775),

have the lowest enrolment figures.

The government has been emphasising the need for citizens to link their NIN to access essential services, including social services, financial transactions, and telecommunications.

A well-developed and accessible digital ID system is seen as vital for effective digital governance.

Beyond strengthening security and promoting transparency, this initiative aims to enhance the efficiency of service delivery across the country.


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