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Enugu State Empowers Youths Through Cybersecurity Training

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Enugu State through the Enugu Small and Medium-sized Enterprises (SMEs) Centre has initiated a 7-month programme on Cyber Security Learning for young people of the state.

A statement by the Special Adviser to the Governor on SMEs Development and Director General, Enugu SMEs Centre, Hon. Arinze Chilo-Offiah, said the centre is partnering with CyberSafe Foundation and Ping CyberTalent to organize the programme.

Hon. Chilo-Offiah disclosed that the ICT-driven initiative is championed by Gov. Ugwuanyi to help tackle the issues of cybercrime and youth unemployment in the state.

Recall that Gov. Ugwuanyi’s administration through the Enugu SMEs Centre recently trained additional 500 youths in Programming and Product Design, and has commenced the processes for training another set of 500 young people as part of its concerted efforts to create employment opportunities for about 5,000 youths in the state in various fields of innovative endeavor.

According to the statement, Hon. Chilo-Offiah pointed out that the youth can make more money as Cybersecurity experts contrary to the belief of many of them that internet fraud popularly known as “Yahoo Yahoo” is the quickest and easiest way to get rich.

Revealing that “there are 3.5 million unfilled Cyber security jobs globally”, the Special Adviser stated that participants of the Enugu SMEs programme will become certified Cyber Security experts at the end of the training and will stand the chance of getting internship opportunities within and outside Nigeria.

Enugu SMEs boss maintained “applicants must be within 18-30 years, interested in pursuing a career in Tech, resident in Enugu and willing to commit to the full duration of the training”.

He therefore asked interested and qualified candidates to apply via: http://enugusme.en.gov.ng/ecsl.


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Fintechs Add $18 million to New Tax Initiative

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The Nigerian federal government announced that the Electronic Money Transfer Levy (EMTL) generated $49.5 million in revenue, with fintech companies contributing $18 million.

This fund, as reported by the Federation Account Allocation Committee, is a considerable 56.80 percent increase over the $31.6 million earned during the same period in 2024.

Previously, the charge mainly affected established banking institutions. However, fintech firms have been included because they have contributed a phenomenal 2,507.94 percent growth in transaction values since 2020.

The EMTL is part of the government’s attempt to regulate the booming fintech sector, which completed transactions worth $29 billion in 2023 and $49.3 billion in 2024.

The EMTL was created by the Finance Act 2020 as an amendment to the Stamp Duty Act. It charges $0.03 (N50) for electronic transactions of $6.19 (N10,000) or more made through banks and financial institutions.

This tax seeks to capitalise on the increasing expansion of electronic payments, which will exceed $619.70 billion in total transactions by 2024.

In response to the burgeoning fintech sector, the government has increased its tax base, with annual EMTL collections expected to increase by 31.35 percent.

According to the Medium Term Fiscal Framework for 2025-2027, the federal government expects EMTL revenue to reach $142 million in 2025, up from $108 million in 2024.

However, industry experts have expressed concern about the potential impact of additional taxes on users.

 


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Air Peace Suspends Flight Operations Nationwide

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Air Peace Ltd has announced the suspension of all flight operations nationwide due to the ongoing strike embarked upon by the Nigerian Meteorological Agency (NiMET).
Air Peace Suspends Flight Operations Nationwide

This is contained in a statement signed by Dr Ejike Ndiulo, head of Corporate Communications, Air Peace,  on Wednesday in Lagos.
According to Ndiulo, the decision is necessary because NiMet is the agency responsible for issuing CNH (Current Nowcast of Hazardous Weather) reports, critical for safe landings, especially during this season of heavy rainfall and thunderstorms.
He said without these reports from the control tower, flight safety could not be guaranteed.
“As a safety-first airline, we have chosen to act responsibly by suspending operations until NiMet resumes full service.
“We understand this may cause inconvenience, and we sincerely apologise. Passengers will be contacted with updates and options for rescheduling,” he said.
The staff of NiMET on Tuesday commenced an indefinite strike over the condition of service and other demands.


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NITDA Fixes Date for Inaugural Meeting of the Startup Consultative Forum

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The National Information Technology Development Agency (NITDA) is pleased to announce the inaugural meeting of the Startup Consultative Forum, scheduled for Monday April 28, 2025 This milestone event marks a significant step in deepening stakeholder engagement within Nigeria’s growing startup ecosystem.

The Forum will serve as an interactive platform for startup founders, innovators, ecosystem enablers, and intermediaries to actively shape national policies that foster growth, attract investment, and drive digital innovation.

Convened under the framework of the Nigeria Startup Act (NSA), this initiative reflects the government’s commitment to making startups not just stakeholders but key contributors in building an enabling environment for innovation.

The meeting will emphasize collaborative dialogue, with a primary focus on nominating and selecting representatives for the National Council for Digital Innovation and Entrepreneurship (Startup Council)—Nigeria’s highest advisory body for the startup ecosystem. Decisions from this Forum will lay the foundation for inclusive policy development, amplifying the voices of Nigeria’s tech and innovation community.

NITDA invites all Labelled Startups, Verified Entrepreneurial and Innovation Support Organisations, Angel Investors, Venture Capitalists, and other relevant stakeholders to join the Forum and actively participate in the nomination and voting process.

Join us in shaping the future of digital innovation in Nigeria. Together, we can build a thriving ecosystem that supports and celebrates the pioneering spirit of Nigerian startups.


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