Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

News

FG Taking Significant Steps to Position Nigeria in Global Tech Race – Pantami

Published

on

Kindly share this post

Prof. Isa Ali Pantami, Minister of Communications and Digital Economy, has said that in the last few years, the Federal Government of Nigeria, through the Federal Ministry of Communications and Digital Econony, has been taking significant steps to position Nigeria in the global tech race.

Pantami spoke on Tuesday, in Abuja, while declaring open the 10th Edition of the Digital Africa Conference & Exhibition themed: “Positioning Africa in the Global Tech Race.”

He said that the Buhari administration recognised the need for a regulatory environment that supports, rather than stifles development, and has developed a number of policies in this regard.

“Nigeria has a potential critical mass of ‘digital natives’ that can transform the country into a regional and global digital powerhouse. These creative Nigerians.

“These creative Nigerians can play a key role in the creation of digital jobs across all sectors of the country; jobs that are either based on or are dependent upon Information and Communications Technologies (ICTs),” Pantami said.

While noting that the implementation of the National Digital Economy Policy and Strategy (NDEPS) emphasises the importance of the innovation and startup ecosystem to the development of an indigenous digital economy, the Minister pledged that his ministry will continue to position Nigeria to develop this ecosystem to transform the country into a sustainable and thriving digital economy.

He stated that in recognition of the role of emerging technologies and in preparation for the Fourth Industrial Revolution, the Federal Government is actively building competence in these technologies and have set up a National Centre for Artificial Intelligence and Robotics to serve as the digital laboratory for advancing skills development and innovation in emerging technologies in Nigeria.

“In addition, we are establishing a National ICT Park and a National Digital Innovation Centre to create an atmosphere that would usher in innovation-driven culture among the Nigerian populace,” he said.

Pantami said that for Africa to assert itself in the global tech space, there is need effective collaboration, and insisted that “we must urgently improve international

cooperation and work together towards achieving our national and regional development plans in building the Africa we want.”

While reiterating Federal Government’s commitment to providing the enabling environment required for such partnerships to thrive, he reaffirmed government’s willingness to continued partnerships and forging new ones with industry stakeholders in this regard.

Earlier in his welcome address, Chairman of Digital Africa Limited, organisers of the tech show, Dr. Evans Woherem noted that for a decade, Digital Africa has been an advocate and breeding place of informed debate and independent analysis, on issues to do with tech and Africa, leading to the generation of new, incisive policy proposals.

He said the theme of this  year’s conference couldn’t have been more timely and relevant than now, technology is fast evolving at an exponential speed, and is today disrupting almost every industry in all countries of the world.

“Looking carefully at our development myopia and non-progress compared to what is happening in other continents, we can conclude that Africa is currently living in a Matrix Simulation. In other words, we are passing through an Alternate Reality within our Multiverse.

“There are billions of possible realities at any one point in time that applies to an individual, to a society, to a country and even to the whole world. I believe that it is an alternate reality that we are experiencing here in Africa. This is not the reality we started out with.

“I believe somewhere along the line of our evolutionary trajectory and paradigm, something flipped, leading to an inflexion point that took us to an alternate reality. even when some other parts of the world continued with their original reality,” he said

Woherem expressed confidence that even in this present reality, Africa should muster enough will power to begin to do the right things, so that it can go back to its mis-aligned reality.

“We have to see it as a challenge to get Africa back to its historical standing, embrace the right mentality to move Africa forward, and shun any negativity that have hampered Africa’s growth. We can reposition Africa!”

The opening ceremony was also used to honour some corporate organisations that have over the years supported the Digital Africa Conference & Exhibition.

The companies include VDT Communications, Chams Access, Africa Data Centre, and Zoracom.


Kindly share this post

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

News

British High Commission Reaffirms Strong Ties with Nigeria

Published

on

Kindly share this post

British High Commission in Nigeria has reiterated the strong, long-standing relationship between the United Kingdom and Nigeria following the release of the UK Immigration White Paper earlier today.

A spokesperson for the High Commission stated that the UK remains a top destination for Nigerians seeking opportunities to work, study, visit, and settle, acknowledging the valuable contributions Nigerians make to the UK economy and society.

The White Paper outlines reforms to legal migration, aimed at restoring order, control, and fairness to the system while promoting economic growth.

The spokesperson assured that changes would be gradual, with further engagement between the UK and Nigerian government officials once implementation details are finalized.

“The UK has a proud tradition as an outward-looking nation, investing and trading abroad, and welcoming the creativity, ideas, and diversity of those who come to contribute here,” the spokesperson said.

The UK government has pledged to work closely with Nigerian authorities to ensure a smooth transition as the new immigration policies take effect


Kindly share this post
Continue Reading

News

NERC Orders DisCos to Compensate Band A Customers in 557 Streets

Published

on

Kindly share this post

Nigerian Electricity Regulatory Commission (NERC) has directed nine electricity Distribution Companies (DisCos) to compensate Band A customers residing in 557 streets across their franchise areas for failing to meet the minimum power supply requirement under the new electricity tariff regime.

According to NERC, the affected DisCos must implement compensation across 152 electricity feeders due to poor supply in April.

The compensation will be provided through electricity credit or improved power supply, as outlined in the April 2025 Multi-Year Tariff Order.

The directive affects the following DisCos:

Abuja Electricity Distribution Company (AEDC)

Eko Electricity Distribution Company (EKEDC)

Port Harcourt Electricity Distribution Company (PHED)

Kano Electricity Distribution Company (KEDCO)

Kaduna Electricity Distribution Company (KAEDCO)

Ikeja Electric (IE)

Ibadan Electricity Distribution Company (IBEDC)

Benin Electricity Distribution Company (BEDC)

Enugu Electricity Distribution Company (EEDC)

The development follows a tariff hike of over 300% for Band A customers in 2024, which mandated a minimum daily power supply of 20 hours. Despite the increase, many consumers have continued to report poor service delivery, leading to the latest compensation directive.

NERC stated that affected DisCos must upgrade power supply in designated areas or provide electricity credits to customers who experienced service failures.


Kindly share this post
Continue Reading

News

SERAP Challenges CBN to Publish Local Government Allocations

Published

on

Kindly share this post

Socio-Economic Rights and Accountability Project has called on the Central Bank of Nigeria to immediately disclose whether it has commenced the direct disbursement of allocations to the 774 local government areas in Nigeria, following the Supreme Court’s landmark judgment nullifying state governors’ control over LGA funds.

In a letter dated 10 May 2025 obtained by our correspondent, addressed to the CBN Governor, Mr Olayemi Cardoso, and signed by SERAP’s Deputy Director, Kolawole Oluwadare, the group also demanded that the bank “widely publish the amounts, if any, so far sent directly to each of the local governments” and provide a detailed explanation of any payments already made—particularly to LGAs in Rivers State.

The group stated: “We are writing to request you to use your good offices and leadership position to immediately disclose whether the CBN has commenced the direct disbursement of allocations to the 774 local government councils in Nigeria from the Federation Accounts with the CBN, and to widely publish the amounts, if any, so far sent to each of the local governments.”

This request follows a Supreme Court judgment declaring the practice by governors and the FCT Minister of retaining and disbursing LGA allocations unconstitutional and unlawful.

The court ruled that no governor or agency has the authority to interfere with allocations meant for LGAs from the Federation Account.

Citing this judgment, SERAP argued: “Local government councils are entitled to a direct payment from the Federation Account of the amount standing to their credit in the said Federation Account. States should not be collecting, receiving, spending or tampering with the local government council funds from the Federation Account meant for the benefit of the councils.”

The advocacy group expressed concern that despite the ruling, many state governors have continued to “starve local governments of funds and put them in peril,” thereby undermining their autonomy and capacity to function as the third tier of government.

In the letter, the group warned that if the CBN fails to act within seven days, it would take legal action.

“If we have not heard from you by then, the Incorporated Trustees of SERAP shall take all appropriate legal actions to compel you and the CBN to comply with our request in the public interest,” the letter stated.

SERAP referenced a past revelation by former President Muhammadu Buhari, who in December 2022 described how governors allegedly short-changed LGA chairmen.

“If the money from the Federation Account to the state is about N100 million, N50 million will be sent to the chairman, but he will sign that he received N100 million. The chairman will pocket the balance and share it with whoever he wants to share it with,” Buhari had said.

The organisation argued that the CBN has a constitutional and statutory obligation to protect the financial interests of all tiers of government.

“The CBN ought to act in the public interest to protect the allocations in the Federation Account and the public funds disbursed from that Account directly to each of the constitutionally recognised three tiers of government,” it said.

Highlighting the March 2025 revenue distribution by the Federation Account Allocation Committee, SERAP noted that a total of N1.578 trillion was shared among the three tiers of government. It queried whether the LGAs had received their fair share directly, as mandated by the court ruling.

“Ensuring that all restrictions against direct disbursement of allocations from the Federation Account to the 774 councils are lifted will comply with the orders by the Supreme Court and stop states and the FCT from tampering with the allocations ahead of the 2027 general elections,” SERAP warned.

The group further argued that Nigerians have a legal and moral right to know how their money is being managed, referencing several legal frameworks, including the Nigerian Constitution, the Freedom of Information Act, the African Charter on Human and Peoples’ Rights, and the International Covenant on Civil and Political Rights.

“The public interest in publishing the information sought outweighs any considerations to withhold the information. Nigerians are entitled to the right to receive information without any interference or distortion, and the enjoyment of this right should be based on the principle of maximum disclosure,” SERAP stated.

The group also reminded the CBN that “the Freedom of Information Act is applicable and applies to public records in the Federation, including those kept by the CBN.”


Kindly share this post
Continue Reading

Trending