E-Business
Minister of Science and Tech Calls for Implementation of EO5

Dr Ogbonnaya Onu, minister of Science and Technology, has harped on the need to implement the Presidential Executive Order 5 (EO5).
Onu made the call on Monday in Lagos, during the Stakeholders’ Roundtable on the use of Nigerian software in the financial and banking sub-sector of the economy.
The roundtable was jointly organised by the Nigerian Information Technology Development Agency (NITDA), National Office for Technology Acquisition and Promotion (NOTAP) and the Computer Warehouse Group (CWG).
He said that there was the need to implement the EO5, so as to improve local content in software applications in the country.
The Minister, represented by Prof. Gloria Elemo, director-general of the Federal Institute of Industrial Research Oshodi (FIIRO), spoke on the theme: “Adoption and Development of Local Content Technology as Growth Driver for the Nigerian Economy”.
Onu said that the Federal Government was emphasising on local participation in the execution of government contracts, thereby improving local content in national socio-economic development.
According to him, the Presidential Executive Orders series started in May 2017 with Numbers E01, E02; E03 and subsequently EO4, EO5 etc.
“The Executive Orders are with the resolve to reform the administrative and regulatory environment for both private and public sector players.
“Specifically, Executive Order No. 5 was signed by Mr President on February 2, 2018, with focus on the development of local content in Science, Engineering and Technology (SET).
“Mr President directed all MDAs of government to engage indigenous professionals in the planning, design and execution of national security projects.
“This is with the intention to maximising the in-country capacity and capability in all contracts and transactions with SET components, utilising Nigeria human and material resources in the planning and execution of Nigerian projects.
“The Order directed that all procurement entities of the FGN shall give preference to Nigerian companies in the award of contracts for major projects in SET and where local expertise is not available, Nigerian company shall enter into consortium with relevant foreign firms,” he said.
Onu said that specifically, NOTAP played an important role in the implementation of the order.
The minister said that NOTAP had been managing the consortium of firms that must be registered, in compliance with NOTAP Act 2004.
He said that NOTAP had been developing, maintaining and regularly updating the database of Nigerians with expertise in SET and other fields.
According to him, the agency consults with the relevant professional associations/bodies in SET and other fields, including Nigerians in Diaspora organisations.
“Currently, NOTAP is compiling the database of Nigerian experts in SET and other fields through access to a register of government-approved professional bodies and associations in the country and in the diaspora.
“I implore you all to register with NOTAP through your respective professional bodies so as to be recognised as professionals in your chosen fields, eligible and accredited to participate in the nation building.
“Remember that we have no other country to be called our own than Nigeria and it is the resultant of our collective efforts that can make our country great and an investment destination by the international investors.
“I will give my support to achieve the lofty objectives of the Executive Order Number 5 of Mr President in this endeavour.
“I am confident that it would be beneficial to our country, generate wealth, stimulate inclusive growths in the domestic economy and reduce unemployment level,” he said.
E-Business
CAC to Prosecute Business Owners Operating Without Registration

Corporate Affairs Commission (CAC) has reaffirmed its commitment to enforcing business registration laws in Nigeria, warning that individuals and organizations operating unregistered businesses will face prosecution.
In a statement, the CAC emphasized that conducting business without proper registration violates the Companies and Allied Matters Act (CAMA) 2020, undermining transparency and accountability in the corporate sector.
The commission stressed that registration is not only a legal requirement but also a gateway to formal business opportunities, including access to bank loans, government grants, and partnerships.
The enforcement drive will be nationwide, targeting small and medium-sized enterprises (SMEs), online vendors, and informal traders who have failed to comply despite previous awareness campaigns and registration amnesty windows.
The CAC disclosed that enforcement teams, in collaboration with security agencies, will be deployed to identify and prosecute defaulters.
The commission urged business owners to take advantage of its simplified registration platform to regularize their status, noting that compliance will boost investor confidence and improve Nigeria’s ease of doing business. It warned that ignorance of the law will not be accepted as an excuse.
Business owners are advised to act promptly to avoid legal consequences, as the CAC moves to ensure a more structured and regulated business environment in Nigeria.
E-Business
NCC Vows to Tackle Online Infringement, Block Illegal Music Websites

Nigerian Copyright Commission (NCC) has pledged to enforce its legal obligations to combat online intellectual property infringement and urged commercial music users to obtain proper licences from rights holders or their representatives.
The Commission stated that this ensures creators are fairly compensated, supporting the music industry’s sustainable growth.
In a statement commemorating the 2025 World Intellectual Property Day, themed “IP and Music: Feel the Best of IP,” the NCC announced plans to enforce the Copyright Act 2022, which allows for the takedown of infringing materials and blocking of websites hosting illegal content.
Signed by Mrs Ijeoma Egbunike, director of Public Affairs, the statement outlined an aggressive anti-piracy campaign in collaboration with the private sector, targeting the online environment.
Egbunike affirmed the NCC’s commitment to establishing enforceable standards for transparency, digital audits, and real-time royalty reporting to protect creators’ rights. She stated, “The NCC will continue to champion policies that support the growth of the music industry, improve the livelihoods of Nigerian musicians, and foster a culture of creativity and respect for intellectual property.”
Despite the global success of Afrobeats and other Nigerian genres, the NCC noted that many musicians face low royalty returns due to rampant digital piracy.
To address this, the Commission revised its Collective Management Regulations to enhance transparency and accountability among Collective Management Organisations (CMOs).
The NCC emphasised that proper licensing is a legal obligation and vital for Nigeria’s creative economy, stating, “Music must feel the beat of intellectual property for the full potential of creativity to be realised.”
The Commission highlighted that creators’ livelihoods depend on fair royalty compensation.
Recent enforcement measures include the NCC’s designation by the Attorney-General of the Federation as an authority under the Proceeds of Crime (Recovery and Management) Act 2022.
This, combined with the Copyright Act 2022, empowers the NCC to order takedowns and block illegal music distribution websites.
E-Business
FG Warns Nigerians Against Growing Threat of Cyber Slavery in West Africa

The Federal Government, has warned Nigerians against the growing threat of cyber slavery within the West African sub-region.
The Ministry of Foreign Affairs, in a statement issued in Abuja by Kimiebi Imomotimi Ebienfa, acting spokesperson, noted with grave concern the alarming rise of cyber slavery across parts of West Africa, targeting Nigerian citizens, particularly vulnerable youths.
The government said many young Nigerians, including underage teenagers, were lured out of the country under the false promise of lucrative employment opportunities abroad, particularly in crypto-related operations.
According to the government, “In reality, these individuals are trafficked into sophisticated scam operations and enslaved to work in criminal “call centres” — often referred to as “419 cyber-scam factories.” There, they are forced under coercive and inhumane conditions to send thousands of fraudulent emails, text messages, and calls aimed at defrauding victims worldwide.”
The government also noted with dismay, a recent incident where the Economic and Organised Crimes Office (EOCO) in Accra, Ghana, rescued and detained a group of Nigerians forced to engage in cybercrime activities under inhumane conditions.
“This incident highlights the severe exploitation and abuse associated with cybercrime operations. It also underscores the need for enhanced efforts to combat such multibillion-dollar criminal networks and mitigate the susceptibility of victims.
“The Ministry strongly warns all Nigerians, especially the youths and parents, to exercise the utmost caution when presented with job offers, particularly those promising easy money, overseas travel, or remote work involving cryptocurrencies.
“Nigerians are therefore advised to verify all employment offers through official channels and report suspicious cases to relevant authorities for necessary investigation and action to curtail the activities of the perpetrators.
“The Ministry wishes to assure the general public that, as a precautionary measure to address this unfortunate situation, the Federal Government is working closely with regional partners, law enforcement agencies, and international organizations to tackle this heinous crime, rescue victims, and bring perpetrators to justice.
“The Ministry remains committed to protecting Nigerian citizens at home and abroad and will continue to raise awareness about emerging threats to the welfare and dignity of our people,” the statement read.
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