Connect with us

News

MTNF Donates 100 Houses to Low Income Earners

Published

on

Kindly share this post

The MTN Foundation (MTNF) has donated 100 housing units to low income earners in Karu, Nasarawa State, managed by Habitat for Humanity (HFH) for management.
MTNF partnered with HFH, the largest non-governmental property organisation in the world, to build the 100 units of two bedroom flats in an expansive fenced estate in Karu, complete with a good road network, drainage system, potable running tap water and an electricity transformer.
 “The transfer of this estate to Habitat for Humanity for management marks the successful completion of the project which cost MTNF a total of N117 million,” said Wale Goodluck, corporate services executive, MTN.
Speaking at the handover ceremony, Nonny Nduka-Eze, executive secretary, MTNF, said the project was embarked upon as a result of the challenge of the dearth of decent accommodation in the country.
 “Our cities are beset by the challenges of urbanisation which among other things include acute shortage of decent accommodation, compelling dwellers, especially low income earners to live in squalid conditions. This is MTN Foundation’s contribution to government’s efforts to improve the situation,” she said.
Donne Cameron, regional director, HFH showered encomiums on MTNF for funding the project and for showing uncommon determination to complete it against all odds.
 “Comfortable and affordable housing is key to economic development of any country. By funding this project, MTN Foundation has demonstrated its commitment to facilitating economic development and social transformation of Nigeria,” said Cameron.
Speaking, Akura Maiganga, executive secretary of Karu Local Government, who represented the local government chairman, commended MTNF for the initiative and promised that the local government would look into the expansion of the road that leads to the estate. He urged other organisations to emulate MTN.
 


Kindly share this post

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.

Continue Reading
Advertisement
Comments

News

23 Years After, Obasanjo was Right on Zinox

Published

on

Kindly share this post

By Ayodele Adigun

It was a weather-friendly Tuesday morning on October 9, 2001 at Eko Hotel and Suites in Lagos. History was made in Nigeria. Zinox, a wholly indigenous tech brand, was launched with many firsts and unique features. The brainchild of Forbes Best of Africa’s Tech Icon, Dr. Leo Stan Ekeh, it had the blessings of the then President Olusegun Obasanjo, an African statesman of peerless courage.

The event was attended by dignitaries from both the public and private sectors, diplomats and representatives of multinational computer brands.

The then Vice President Atiku Abubakar was Special Guest of Honour, while President of the Senate at that time, Rt. Hon. Anyim Pius Anyim, was Chairman of the occasion. Asiwaju Bola Ahmed Tinubu, then Governor of Lagos State, was chief host. Lagos was on lockdown literally, from the Island to the mainland as many governors, ministers, senators and members of the National Assembly, top corporate moguls, the leadership of the different labour unions, led by Adam Oshiomhole, then President of the Nigeria Labour Congress, were in attendance.

Beyond the razzmatazz of the colourful launch, Zinox more than justified the confidence Obasanjo reposed in Ekeh and the brand. It did not just transform into a formidable African brand, it scored many firsts, a salute to the legendary innovative entrepreneurial skill of Ekeh and his team and a testament to the outstanding leadership clairvoyance of Obasanjo. It is safe to say that in Zinox, Obasanjo saw the future.

After the launch, Obasanjo invited the management to Aso Rock and endorsed the Zinox brand as a national pride. It was no surprise that Obasanjo branded Ekeh: “Icon of Hope,” on October 1, 2002, as a role model to future Nigerian digital entrepreneurs, a fitting cap for an exemplar of the true Nigerian spirit of chutzpah, excellence, innovation, humility and integrity.

True, President Obasanjo achieved a lot in the ICT ecosystem from the introduction of the GSM genre of telephony via one of the most transparent mobile digital auctions administered by Dr. Ernest Ndukwe, to the creation of several indigenous computer assembly plants. But it was obvious that Zinox brand and its promoter, Ekeh, occupied a huge space in the President’s heart. Obasanjo boldly flaunted the Zinox brand, travelling the world with it, not just as a user but as a national brand and pride and was never shy to show it to other world leaders that Nigerians can also produce computers.

In one of his books, Obasanjo is a prolific writer, it has to be said, he celebrated Ekeh as a model for Nigerian youths. He topped the presidential adulation for Ekeh with the Officer of the Order of the Federal Republic, one of the high-ranking honours of the Federal Republic of Nigeria. Obasanjo never hid his admiration for Ekeh or his pride in his accomplishments as an indigenous player with global clout. On one occasion when President Obasanjo was hosting the nation’s captains of industry at State House, he singled out Ekeh and openly prayed for him, showering him with presidential blessings and publicly affirming his positive impact on Nigerian youths as a man who is living the Nigerian dream with hard work.

On account of the reliability of the Zinox brand and Obasanjo’s matchless sense of patriotism, he directed all Ministries, Departments and Agencies (MDAs) to standardise on Zinox and equivalent indigenous brands. This gave a spur to the growth of the Zinox brand and it became the preferred brand in the industry among public and private sector officials.

Zinox at 23 is beyond a celebration of an African brand. It is a celebration of uniqueness, doggedness, resilience and entrepreneurial majesty of an African who dared the digital nerds of the advanced economies and succeeded in creating digital mills in and across Africa. But more significantly, Ekeh singlehandedly turned global attention to Nigeria.

And just by Ekeh’s stroke of genius, Zinox scored many firsts. The first internationally certified indigenous computer brand in West Africa and the first computer brand in the world to incorporate the Naira sign (N) on its keyboard. First Original Equipment Manufacturer in sub-Saharan Africa to receive Microsoft Windows Hardware Quality Lab Certification; first Microsoft Prime Production Online Automation Partner in Sub-Saharan Africa with the OA Version 3.0; first Intel Premium Partner; first OEM in West Africa to attain the ISO 9001-2015 Certification; first to acquire the Google Mobile Application Distribution Agreement in West Africa; first OEM in Nigeria to introduce renewable energy and lifestyle products and attaining the status of Intel Platinum Partner in sub-Saharan Africa.

In 23 years, Zinox has become one of a kind, unique in name, quality, global competitiveness and readiness for the market. The high-profile stature of its launch said it all. Zinox is truly like no other indigenous brand.

Atiku, a retired Customs Officer, widely travelled businessman and nationalist, underscored the seriousness of the Zinox brand at the launch. He said: “I have been in both public and private sector. I have travelled widely and have witnessed the launch of products and services across the world but nowhere in the world have I seen a product launch of this magnitude and type. Zinox has just made a huge marketing statement out of Nigeria that would be heard in the rest of Africa and around the globe.”

Atiku gushed as he addressed the enraptured and sufficiently excited audience. An elated Atiku spoke glowingly about the Zinox project, describing it as a perfect example of backward integration which sits well with the Federal Government policy of looking inward to boost the nation’s primary sector. He saluted Ekeh and his team for their ingenuity and tech-savvy showmanship.

An excited Oshiomhole, who launched the “Computerise Nigeria Project”, a social project at the event by Zinox meant to democratise the ownership of computers to the unreached and under-reached, described Ekeh as a “digital militant”.

A good 23 years after, Atiku deserves to be called a master of clairvoyance. As he predicted 23 years ago, Zinox’s influence has spread across Africa and beyond.

The public presentation of Zinox range of products was beyond a product launch. It was a loud statement on the sovereignty of Nigeria. In the 21st century, no nation is truly sovereign without her home-grown tech identity and sufficiency. Ekeh sings this as his abiding song: the need to create a truly Nigerian IT identity.

Ekeh is a serial digital disruptor, an incurable challenger of status quo. And Zinox is a product of both personal determination and patriotism. It was born to break protocol and discard stereotype. It answered the question: Can anything good come out of Nigeria?

Ekeh says with a sense of national pride and self-satisfaction: “We showed that in Nigeria, it’s possible to create technology that is smart, competitive and stands shoulder to shoulder with any of its kind across the globe. We went a step further in domesticating the technology behind Zinox. We conceptualised and built into the systems stabilizers and surge protectors to take care of our peculiar challenges of irregular electricity supply and the problems associated with switching from Alternating Current (AC – national grid) to Direct Current (DC-generators). What gives me joy above monetary reward is that today when our children hear about Zinox, they have a sense of self-belief because they have been to our plant and they now know there’s nothing so special about the computer and the technology behind it.”

So far, Zinox has proven both competence and capacity at home and other parts of Africa. It was the preferred technology that powered several mega projects including the 8th All Africa Games codenamed COJA 2003; the 18th Commonwealth Heads of Government Meeting held in Nigeria in 2003; All-Africa University Games held in Bauchi in 2004; and 7th Ordinary Session of the Assembly of the Africa Union held in The Gambia in 2006. It has also undertaken critical interventions by transforming the Nigeria and Guinea Bissau electoral systems from analogue to digital. The conduct of Nigeria general elections in 2007 and 2011 is a good example. Zinox has also fully provided the technology for the postponed national census.

A quintessential family man, Ekeh has stayed deep-rooted in the ICT space. His wife, Lady Chioma Ekeh, a mathematician and chartered accountant, oversees the biggest tech distribution company in sub-Sahara Africa, TD Africa. His first son, Prince Nnamdi Ekeh, aka The Prince of Konga, with MBA from Oxford, leads Konga, the ecommerce giant, which he acquired through his company, Yudala, in one of the most ambitious and seamless acquisitions in Africa’s tech history.

His first daughter, Gozy Ajogun, nee Ekeh, an alumnus of London School of Economics, oversees Task Systems, an ICT solutions firm under the Zinox Group. T second daughter, Chidalu Ekeh, with Masters in Digital Marketing from Imperial College, London, is a Fintech whiz, while his other two younger sons also play in the tech space.

Ekeh has built a digital family rooted in ICT. He has added digital value to Africa, but the best of them all is the gift of Zinox, for which the nation is grateful.

. Adigun, an Associate Professor of Mechatronics, writes from Lagos.


Kindly share this post
Continue Reading

News

SEC Decries Indiscriminate Issuance of Debt Instruments by Subnationals

Published

on

Kindly share this post

The Securities and Exchange Commission (SEC) has urged Capital Market Operators (CMOs) in Nigeria to review the proclivity of issuance of debt instruments by both state and local government agencies.

Mr. Bola Ajomale, Executive Commissioner, Operations, SEC, stated this at the 2024 International Credit Rating Webinar organised by DataPro Limited.

A statement by Mr. Kehinde Rasheed, the Business Development Manager of DataPro, quoted Ajomale, who represented the Director-general of the commission Dr. Emomotimi Agama as saying,  “Irrevocable Standing Payment Orders (ISPOs) from the state government cannot be the only measure of assurance and risk mitigation, CRAs must alter their measurement metrics to accommodate rising risk levels and increasing requirements for sustainability for any instrument raised by a State or quasi-government body.”

Ajomale, who identified the tendency for some state governments to issue private bonds guaranteed by the state government, pointed out that the processes do not have any proof of secondary market value and that they need to be assessed for the delivery of the stated project objectives.

The fourth in the series, the webinar was attended by over 500 participants drawn from Nigeria, USA, Canada, South Africa, Ghana, Gambia, Namibia, Kenya, and Rwanda.

In his welcome address, DataPro’s Founder, Mr. Abimbola Adeseyoju described the Webinar as a veritable vehicle to propagate the value propositions of the credit rating institution in Nigeria and the rest of Africa.

According to him, apart from the established role of providing an opinion on the quality of Assets and Capital, Credit Rating Agencies also serve as a complement to risk management procedures, adding that CRAs should serve the common goal of catalysing the economy, promoting the real sector and creating wealth for a sustainable society.”

In his speech, the Keynote Speaker at the event, Christian Ruehmer, an accomplished international banking entrepreneur urged banks to support businesses in the real economy. Ruehmer believes rating agencies and banks share a common goal in ensuring that businesses succeed.

 


Kindly share this post
Continue Reading

News

Moniepoint Boosts STEM Education with Unveiling of Tosin Eniolorunda Design Lab @OAU

Published

on

Kindly share this post

In a move aimed at advancing STEM education and fostering technological innovation in Nigeria, the Mechanical Engineering Department of Obafemi Awolowo University (OAU), Ile-Ife received a substantial investment as the Tosin Eniolorunda Computer-Aided Design (CAD) and Computer-Aided Manufacturing (CAM) laboratory was unveiled at the University’s campus.

L-R Israel Eniolorunda; Vice-Chancellor, Obafemi Awolowo University, (OAU), Ile-Ife, Professor Adebayo Bamire; Board Member, Tosin Eniolorunda Foundation, Oyinlola Eniolorunda and Head of Partnerships, Moniepoint Inc, Efemena Ogie at the commissioning of the Tosin Eniolorunda CAD/CAM laboratory at Obafemi Awolowo University, Ile-Ife

The gesture which is in alignment with Moniepoint’s corporate social responsibility ethos is designed to significantly contribute to efforts aimed at bolstering Nigeria’s foundation in the very important area of science and technology while making subjects such as prototyping, design and engineering in general easier, participatory and enjoyable for students.

With the recent rise in the global tech industry, stakeholders aver that investment in STEM education will drive the socio-economic development of Africa and Nigeria, particularly.

However, with a burgeoning population where over 60% of Africa’s population are still under 25, a recent survey shows that less than 25% of African students in secondary and tertiary institutions pursue STEM-related career fields.

At a ceremony to commission the facility, the Vice-Chancellor, Professor Adebayo Bamire expressed his profound gratitude over the philanthropic donation by Moniepoint and Tosin Eniolorunda, co-founder of Moniepoint, who’s an alumnus of OAU’s Mechanical Engineering Department.

He noted that many tertiary institutions across the country suffered from paucity of funds which in turn has led to infrastructural challenges, while encouraging other alumni to not only emulate this culture of giving back but also join hands to support worthy causes within the university.

“We are really very grateful for this laboratory considering that we are almost phasing out some of these things as a result of paucity of funds.

“This has to do with the yearnings which will also improve the livelihoods of our people, especially the students.

“So when we have an organization that has come in to meet our needs, we can only say thank you.

“This laboratory will help improve and enhance a lot of things within the University for students and staff and also drive collaboration between the academia and industry,” he said.

Tosin Eniolorunda, commenting on the donation, stated, “this newly revamped lab represents more than just an upgrade, it stands as part of a personal commitment to foster a generation of engineers and innovators who are not only skilled, but also inspired to think critically and creatively about real-world problems.

“A catalyst for innovation for the next generation of engineers and technologists who will drive Nigeria’s economic growth and advancement.

“By investing in STEM education and providing access to platforms like this lab, we’re laying the critical rails for the emergence of leaders, innovators, and changemakers that Nigeria needs.”

Furthermore he thanked the University community for its continued dedication to the pursuit of knowledge and innovation for learning and culture while adding that the future of engineering and technology in Nigeria is bright because of the young talents within the ivory tower.

The upgrade includes renovation of the existing laboratory space with cutting-edge facilities that include the provision of high-performance desktop computers and laptops, electronic board for interactive learning, laboratory furniture, supply and installation of sustainable power solutions and advanced cooling systems.

These state-of-the-art resources will provide students with hands-on experience in the latest CAD/CAM technologies, bridging the gap between theoretical knowledge and practical application in the field of mechanical engineering.

Dean, Faculty of Technology, Prof. Lasisi Umoru noted that the revamped facility will increase research capabilities and output in CAD/CAM technologies, improve graduates’ employability in the global job market, and serve as a model for STEM education facilities across Nigeria.

The commissioning ceremony which attracted dignitaries from within and outside the University included Deputy Vice Chancellor, Academics, Prof. M. Babalola, DVC, Administration – Prof. Adaramola, DVC Research, Innovation and Development, Prof. Akinyemi, Chairman, Committee of  Deans, Prof Adesina, Chairman, Ceremonials Committee, Prof Adekola, Head of Department, Mechanical Engineering, Prof. Obayopo, Retired Prof of Mechanical Engineering, Prof. Adekoya, Chairman Nigerian Institute of Public Relations, Osun state chapter, Ademola Adesoji and Special Assistant to the Osun state governor on ICT, Sola Isola, Oyinlola Eniolorunda and Israel Eniolorunda as well as Head of Partnerships, Moniepoint Inc, Efemena Ogie, Employee Branding Lead, Gbemi Adekanmbi amongst others.


Kindly share this post
Continue Reading

Trending