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How and Why Techpreneurs are Dying

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High interest rate; banks’ apathy to financing startups; multiple taxation;  poor accounting system; weak management system; marketing are some of the  factors impeding the growth of technology entrepreneurs (techpreneurs) in Nigeria according to technology experts.

A technopreneur is simply an entrepreneur in the field of technology. He can be best described as an innovator in a certain product or service, and who bears the risk for promoting and supplying this product or service.

But the experts who spoke to Nigeria CommunicationsWeek at the weekend said some of the attributes and responsibilities of traditional entrepreneurs are lacking in the Nigerian techpreneurs.

Harry ‘Tomi Davies, chief executive officer, TechnoVision Communications, identified “indiscipline” as a major roadblock to the realization of the dreams of techpreneurs.

“Discipline! There is this inability to have long-term expectations and the lack of managerial prowess to nurture and manage ideas for the long term” he added

On his part, Peter Asolo, chief executive officer, PetVini Global Concepts Limited, blamed unsavory economic policies and lack of patronage.

He said, “The Nigerian economy like, already said severally is very harsh for a quick breakthrough. The Petvini tab is one device that targets the students and schools to eliminate physical notebooks and do away with the level of little or no knowledge of technology among our people. But some of the challenges we are currently experiencing is lack of access to investable funds. Most people do not see any reason in investing in technology yet.

“What many see as doing technology business ends up at selling the already known foreign brands. They will never believe an African or a Nigerian can be innovative to the extent of bringing about innovation that not only compete with the foreign brand but tackle our local challenges”.

Nodding in agreement, ‘Tomi Davies, who is also the chairman, Mobile Monday (Nigeria), said, “In Nigeria, we tend to be short-term about a lot of our business plans. What that means, if you take a tech opportunity, the first thing is to get attraction, then the skills.

“So, we get the attraction accompanied by a lot of noise, but when it comes to scaling only people like Sim Shagaya, founder & CEO of Konga.com, the Jumia co-founders, the Jobberman founders, and a few others. Why we revere these people is because they have shown managerial competence in their ability to scale.

“That kind of skill is not what you get your head around easily, especially when the focus in the environment you have to operate in is not about how satisfied your clients or customers are rather the amount of cash you make daily, monthly or yearly, or how swollen your bank account is”.

But, Asolo believes that the technology adoption awareness level among Nigerians is still low.

“Other challenges are the (Nigerians) awareness level is still low. Though we have a reasonable pocket friendly pricing but the purchasing power is not still widely spread.

“Many people often believe the lack of stable energy is another form of obstacle, but we have also devised a solution to that by embarking on OEM of power banks to charge not only the tablets but also charge other devices such as phones, laptops and other mobile devices”.

While TD believes that Nigerian entrepreneurs in the technology ecosystem should submit themselves for mentorship, Asolo, also highlighted the need for the government to redouble efforts in providing conducive environments for them to thrive. 


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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NITDA, RHI, Commission IT Community Centre in Ibadan

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L-r: Kashifu Inuwa CCIE, DG, NITDA; Wife of Oyo State Governor Engr (Mrs) Tamunominini Makinde; Oyo State Governor, Engr. Oluseyi Makinde; Sen. Oluremi Tinubu, First Lady Federal Republic of Nigeria; Dr Bosun Tijani, HM, Communications, Innovation and Digital Economy; former Minister of Trade, Chief (Mrs) Onikepo Akande and Ooni of Ife, Oba Adeyeye Enitan Ogunwusi.
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The National Information Technology Development Agency (NITDA), in partnership with the Renewed Hope Initiative (RHI), has officially commissioned a state-of-the-art IT Community Centre in Ibadan, Oyo State, as part of ongoing efforts to bridge the digital divide and empower youth and women across the state.

The centre, which was donated to Oladipo Alayande School of Science in Oke-Bola, Ibadan, Oyo State, was named in honour of Mrs. Onikepo Akande, a distinguished daughter of Oyo State, and is aimed at providing digital skills training, particularly for women and young people. It is expected to offer participants a competitive edge in the evolving global tech industry.

Her Excellency, the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu CON OON, delivered special remarks at the event, emphasising the centre’s role in achieving one of President Bola Ahmed Tinubu’s key priority areas which is to accelerate economic diversification through digitisation, industrialisation, innovation, and the creative arts.

She disclosed that the commissioning of the centre is a step forward in the collective mission to empower Nigerians, especially women and youth, with the skills needed to thrive in a digital economy.

“We are not stopping here. I am pleased to announce that ten more IT Centres will soon be commissioned across various states,” she added.

While noting that other digital economy centres have been fully equipped with computers and ICT materials in 5 other states, she urged members of the community to take full ownership of the centre.

She said, “The success of this centre depends on your active participation and utilisation of available resources.”

The Oyo State Governor, Engr. Oluseyi Makinde, who delivered a goodwill message during the event, praised NITDA and RHI for bringing the initiative to the state.

He highlighted the high standards of the facility and pledged the state government’s support to ensure its sustainability and maximum impact on the people of Oyo State.

“Information Technology, Artificial Intelligence, that is the road to the future, and I am glad that under the Renewed Hope Initiative, you’ve brought this to Oyo State, and I can give you the assurance that we will take full advantage of it,” he promised.

In his remark, the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani stated that the centre will serve as an avenue for youths to acquire globally relevant digital skills, build startups and create solutions that can compete on the global stage.

While giving his welcome remarks earlier, the DG NITDA, Kashifu Inuwa, described the collaboration with the Renewed Hope Initiative as a strategic intervention to boost Nigeria’s digital talent pool.

He explained that the Ibadan IT Community Centre is equipped with cutting-edge technologies designed to provide a smart and personalised learning experience and lauded Senator Tinubu for her leadership and passion for empowering underrepresented groups.

“Your Excellency’s vision and commitment have been instrumental in actualising this initiative. You are giving Nigerians the tools to unlock their potential in the digital economy,” he said.

Noting that the newly commissioned centre is part of a broader national agenda to enhance digital literacy, reduce unemployment, and foster innovation-driven development across the country, Inuwa disclosed that the agency has worked with the Ministry of Education to develop digital literacy and skills curriculum that will be infused as part of the formal education in schools.

While encouraging the school administrators and community leaders to ensure its accessibility and sustainability, the NITDA DG said, “The centre is open to all, and we want to see a cross-pollination between the school and the community.”

 


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Nigeria Reports 832 Lassa Fever and Mpox Cases, Death Toll Hits 135

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Nigeria Centre for Disease Control and Prevention (NCDC) has confirmed the country has recorded 832 confirmed cases of Lassa fever and Mpox.

Speaking during a press briefing on Friday in Abuja, the agency’s Director General, Dr. Jide Idris, revealed that 132 fatalities were recorded from Lassa fever and three from Mpox.

While acknowledging a recent decline in Lassa fever infections during epidemiological week 16 (ending April 20, 2025), he warned that the overall risk remains high, particularly in endemic regions.

“Cumulatively, as of week 16, Nigeria has reported 4,253 suspected cases of Lassa fever, 696 confirmed cases, and 132 deaths, resulting in a case fatality rate of 19.0 percent,” he stated.

Dr. Idris attributed recent improvements to intensified surveillance, treatment efforts, and enhanced community engagement. He emphasized, however, the continued need for vigilance and collaboration to sustain progress.

Regarding Mpox, the NCDC boss disclosed that three deaths have been recorded in 2025—two in Abia and Ebonyi States in week 10, and one recently in Rivers State involving a patient co-infected with HIV and tuberculosis.

As of week 16, 723 suspected cases and 136 laboratory-confirmed cases of Mpox have been reported across 35 states and the Federal Capital Territory (FCT). The national case fatality rate currently stands at 2.2 per cent.

“The epidemic curve reveals multiple peaks in Mpox cases, indicating ongoing transmission. While most states have reported suspected cases, confirmed infections are heavily concentrated in Nigeria’s southern and central regions,” Dr. Idris noted.

To address these outbreaks, the NCDC has activated its Emergency Operations Centre (EOC), deployed National Rapid Response Teams to affected states, and prepositioned essential medical supplies, including personal protective equipment and laboratory consumables. Five additional Mpox diagnostic laboratories have also been optimized in Bauchi, Kano, Cross River, Rivers, and Enugu States.

“Healthcare workers are undergoing specialized training in infection prevention, case management, and cerebrospinal meningitis (CSM) care. Community outreach is being reinforced through public awareness campaigns, media engagement, and targeted health communication strategies,” he added.

On cerebrospinal meningitis, Dr. Idris reported a consistent decline in new cases and fatalities over the last three weeks.

He attributed the improvement to effective vaccination, early treatment, and adaptive surveillance strategies tailored to real-time data.

“Although the situation remains serious, strong national and state-level coordination is showing positive results.

“The response will continue until full containment is achieved and states take full ownership of the CSM Incident Action Plan,” he said.

Dr. Idris also expressed concern about the rising Mpox trend since its reemergence in 2017, with significant spikes recorded between 2022 and 2024, positioning Nigeria among the most affected countries globally.

He warned that under reporting and delayed data entry remain challenges that need urgent resolution to ensure accurate and timely outbreak response.

A national mortality review for the recent Mpox deaths is being planned to further assess response effectiveness and identify areas for improvement.

The NCDC reaffirmed its commitment to safeguarding public health through timely surveillance, transparent reporting, and coordinated national response mechanisms aimed at reducing disease burden and preventing future outbreaks.


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Presidents Mahama, Tinubu Honor Dr. Mike Adenuga on 72nd Birthday

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Presidents John Dramani Mahama of Ghana and Bola Ahmed Tinubu of Nigeria have celebrated the Chairman of Globacom, Dr. Mike Adenuga Jr., on the occasion of his 72nd birthday.

In congratulatory messages, both leaders praised Dr. Adenuga’s outstanding contributions to the economic development and growth of both Ghana and Nigeria. They commended his remarkable entrepreneurial spirit, resilience, and commitment to excellence.

President Mahama described Dr. Adenuga’s life as “a shining example of vision, resilience, and extraordinary accomplishment.” He noted that through his entrepreneurial endeavors, Dr. Adenuga has not only built enduring businesses but also contributed significantly to the socio-economic advancement of the African continent.

He noted that Dr. Adenuga’s leadership and philanthropic endeavour remain a beacon of inspiration for generations across Africa.

Also President Tinubu stated that Dr. Adenuga’s humility and diligence have enabled him to succeed in various sectors, including banking, telecommunications, oil, and gas. He praised Dr. Adenuga’s innovative approach to business, citing Globacom’s pioneering per-second billing, which expanded telephony and digital access to millions of Nigerians.

“In addition, Conoil has proven that an indigenous firm can compete with international oil companies, fostering energy independence and security for our country.” He added.

President Tinubu who expressed the gratitude of Nigerians to Dr. Adenuga for his immense contributions to the country’s progress and prosperity, also commended him for extending his investments to other African countries and Europe, “a bold effort which earned you well-deserved honours as Commander of the Legion of Honour (France) and Ghana’s Companion of the Star of Ghana”.

 


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