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Nigeria in 2018: Emerging Tech, Cybersecurity Growths; Increased Investments in Startups & ICT– Mike Oljide

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Internet of Things (IoT), Artificial Intelligence (AI) and Advanced Machine Learning (AML), Cloud Computing (CC), Cybersecurity, Block-chain & Bitcoin and Enterprise Mobility are technologies that will receive major focus in Nigeria in 2018, Mr. Michael Olajide, executive director, Finance and Administration at Sidmach Technologies Nigeria Limited, said during an interview with peter oluka, Nigeria CommunicationsWeek Correspondent.

The man Mike Olajide:

Mr. Mike Olajide is also the Executive Chairman, WaveTek Nigeria Limited. He is a 1981 graduate of Computer Science from the University of Lagos. He is a distinguished Data System Analyst with over 35 years in the IT industry.

He was a Programmer/Analyst in the Statistics and Planning Division of the Niger State Ministry of Education (NYSC), before he joined the services of the Joint Admissions and Matriculation Board (JAMB) immediately after his service year in 1982 and was the deputy leader of the team that developed a new Pre and Post Examinations Processing System that was used to process the University Matriculation Examinations (UME) locally for the first time in 1986. This led to his rapid promotion by the Board. In 1989, he resigned from JAMB as Assistant Chief Analyst to venture into the private sector where he joined ABICS Nigeria Limited, a foremost software development company at that time.

He was briefly with the Shell Petroleum Development Company (SPDC) as a Senior Consultant from ABICS, before he joined Data Sciences Nigeria Limited in 1990 as a Manager, Software Development. While in Data Sciences, he led the team that developed the National Payroll System and Vote Accounting System for the Office of the Accountant General of the Federation (OAGF), among other projects. He left Data Sciences in 1994 to join SIDMACH as a co-founder and Pioneer Staff. In the year 2012, Mike also co-founded WaveTek Nigeria Limited and presently serves as the Executive Chairman of the company.

He has served in SIDMACH as Executive Director, Managing Director and Chairman of the Board of Directors at various times. He is also a member of the Board of Directors of some organizations and companies.

Mike is a visionary and an information technology expert described by his colleagues as inspirationally cerebral. He is passionate about education and capacity development. This love and passion for education made him to develop a number of IT Solutions to enhance teaching, learning and educational assessment. His core is to employ the use of Information Technology to improve lives and enhance business outcomes.

He has in the past 35 years attended many IT trainings and conferences locally and abroad to improve his professional and leadership skills. He is well-grounded in Software Development, Leadership, Management and Selling Skills.

He is a Fellow of the Nigeria Computer Society (FNCS), a Member of the Computer Professional Registration Council of Nigeria (MCPN), a Fellow of the Chartered Institute of Local Government and Public Administration of Nigeria (FCILGPAN).

He has served as the Chairman, Publicity, Events and Trade Services Committee in the National Executive of the Nigeria Computer Society (NCS). He is presently the NCS South-West Representative on the Board of the CPN and also doubles as a member of the National Executive of the NCS.

Sidmach’s Technology Trends 2018 (Predictions) in Nigeria

Internet of Things (IoT): Internet of Things (IoT) is simply the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and network connectivity, which enable these objects to connect and exchange data. On a preliminary level, we currently have applications on our smartphones we can use to switch off our electronics at home or in the office e.g. Televisions, Audio Systems, Air Conditioners, etc. The level of interconnectivity with electronic devices is gradually increasing and this is an indication that we are gradually gravitating towards the full adoption of IoT.

Internet of Things (IoT) will grow to create smarter solutions that will be programmatically adjusted to be in sync with human behaviour. AI and machines will enable these things to operate autonomously or semi-autonomously, and the driving forces will be efficiency and convenience. As businesses are adapting to the emerging era of the digital world, companies will strive to find innovative ways of delivering their products and services. Thus, there will be more adoption of IoT by corporate organizations and individuals in 2018.

Artificial Intelligence (AI) and Advanced Machine Learning: Simply put, Artificial Intelligence is intelligence exhibited or shown by machines. AI is continuously pushing the limits of science and technology and helping us achieve the unimaginable. 2018 will see a lot of startups utilising AI technologies to create revolutionary solutions that are going to solve real-life and complex business challenges. Be rest assured that AI is something to look forward to this year as a simple voice search is gaining its prominence already in Nigeria. Apple’s Siri, Google Assistant and Microsoft Cortana are examples of simple AI technologies that will be leveraged on in 2018.

Microsoft for example is already using AI to build more intelligent tools so we can put technology to work on increasingly complex tasks. They have partnered with Adaptive Technologies to bring together an AI platform and their biotech research to decode the human immune system, diagnose and treat diseases.

AI and Advanced Machine Learning will lead to the emergence of more intelligent apps virtually in all sectors. For us at Sidmach, we are going to leverage on AI and Advanced Machine Learning technologies to solve real-life problems in both the Health and Education sectors in Nigeria.

Cloud Computing: Many businesses are adopting cloud computing already. 2018 will witness more cloud adoption from businesses and individuals. It is obvious most businesses are now gravitating towards cloud computing. “Mobile first Cloud First” world is a Microsoft slogan that is a reality in the world today. In Nigeria today, the cloud has become the standard for the Enterprise and SMBs. Cloud computing and storage is extremely efficient and cost-effective. From Fintech to transportation and manufacturing, most of the industries in Nigeria are migrating to the cloud. This trend will continue in 2018 in Nigeria. The issue of hosting data locally will also be in focus as the Nigerian government will try to enforce the policy. Companies that have invested in providing data center services locally will take advantage of this government policy to grow their business in 2018.

Blockchain& Bitcoin: The blockchain is a shared, distributed, de-centralized and tokenized ledger that removes business friction by being independent of individual applications or participants. Fintech startups in Nigeria will start leveraging the foundation of blockchain to create disruptive and innovative business solutions. Bitcoin, on the other hand, is a form of digital currency. It’s a type of cryptocurrency used for transactions on a digital payment system.

Blockchain and Bitcoin are gradually gaining more popularity in Nigeria. Attentions are gradually shifting to the inherent benefits of these seemingly new technologies in Nigeria. The current hype of Blockchainis around financial services industry particularly with bitcoin, but there are many other possible applications including music distribution, identity verification, title registry and supply chain. We will start seeing real usage and deployment in Nigeria in 2018.

Enterprise Mobility: Enterprise mobility describes the trend of a great number of employees working outside the office and using mobile devices and cloud services to perform business tasks. The waves of technology in Nigeria is gradually moving to where Enterprise Mobility and business applications will no longer be mere tools that are good to possess, but they will evolve into indispensable instruments that will provide better productivity and increased security. 2018 will drive a wider scale adoption of serious business applications that will cater beyond communication and collaboration, and this will be an opportunity for many startups to create innovative enterprise.

Enterprise Mobility will bring about increased speed or tempo of operations to gain a competitive advantage; efficient data collection so better and faster decisions can be made; quicker reporting of events and KPIs to a wider audience to provide full situational awareness and promote good decision making and issue resolution and so on.

Cybersecurity: The new technology trends come with new security challenges for professionals. Security solutions will therefore continue to receive great attention in 2018.

Sidmach Cloud, Others: The Developments So Far

In March 2017, we launched our Microsoft Cloud platform, this makes us a Microsoft Tier-1 Cloud Solution Provider (CSP), one of the selected few in the country. This affords us the opportunity to serve our clients and prospective customers better with cloud solutions. We also now have the privilege of selling Microsoft products at wholesale prices directly to our customers. Thereby, lowering their current cost. It avails us the opportunity to meet the different needs of our clients from a single point. This provides scalability, affordability, accessibility, efficiency, speed and security. We take full responsibility for the cloud services and solutions that we deploy.

In the almost one year of the CSP launch, we have been able to open new vistas and new grounds. We have also expanded our clients’ base while we helped businesses achieve their goals. We believe firmly that year 2018 will bring in more opportunities to serve businesses and organisations more.

At the same period of March 2017, we also launched our ‘SmartSchool’ solution. It is a solution designed for School Management and Administration. This was developed from our more than 2 decades’ experience in the Nigerian Educational System. SmartSchool is designed to address all aspects of School Management System from registration, attendance, lecture notes, curriculum, fees payment through to result checking; and it has recorded considerable adoption in schools. We are happy for the progress recorded in the current session.

In the first quarter of 2018, we will launch the All Purpose Medical Information System (APMIS) for public use. This is a strategically developed solution to address the challenges in the delivery of health services to patients. APMIS is developed to serve as a link between the patient and the medical practitioners on one side and the hospital management on the other side. APMIS is easy to use and flexible. The free trial is ongoing in many hospitals in the country. At present, Hospitals can use it at no cost for a period of three months after which payment will commence. The adoption rate is currently high.

Market Penetration Strategies

We are collaborating with the various stakeholders in both the health and education sectors to drive adoption.

Sidmach Appears not Involved in Computer Based Test (CBT) Facilities? Any plans for that?

Who says we are not providing CBT solution? Indeed, we have a robust CBT solution that is in the market.

Investment in the Nigerian ICT Sector Seems Stagnant

I don’t agree that investment in the ICT sector is stagnant, it is not stagnant. If you look at the Telecoms sub-sector, yes you can say things have slowed down but in the IT sector a lot is going on right now especially with the Start-ups. I believe that 2018 will bring more investments in the IT sector. The focus has shifted to Nigeria by the big international players such as Facebook, Microsoft, Google, etc. The fairly big players in Nigeria are also focusing on investing in the Start-ups. I tell you this trend will continue in 2018.

The Nigerian Software Industry, What Has Gone Wrong?

Just like in every other sectors, we failed as a nation to do what we need to do to develop the software industry. It was a deliberate policy of the Indian government and people to develop the software industry for both local and international consumption. We have not developed and implement such a policy even now. What you are seeing today in the software industry is a product of private initiatives. Young people decided to move the industry on their own. Even the local content policy is not enforced for the MDAs not to talk of Private Enterprises. Government only reacts to what people are doing in the industry.

I can tell you that the Nigerian Software industry is innovative, virile and versatile but the management and support from the government is still very low. Indians have grown their homemade software and are exporting them to the world while Nigeria still depends on imported. We pride ourselves in imported products than homegrown products. The time has come to have a change of attitude.

Software development costs time and money. No developer can survive without requisite expertise, experience, financial clout/support and patronage. For more than two decades now, Sidmach have been engaged in software development, which are deployed to our clients’ sites and they have performed optimally without fail. We pride ourselves in software development and we have engaged many young people through this.

Lack of patronage of local software companies is one of the greatest problems confronting the industry in Nigeria, a situation that is not applicable in India. Due to non-patronage or low-patronage of local software in Nigeria, the country loses much in foreign exchange. The payment made in dollars and euros for subscriptions and annual software maintenance fee could be reduced and retained in the country through the purchase of local software.

For example, let us imagine what we would have gained if, at least, just one Nigerian bank decides to use an indigenous software rather than the prevailing situation where they all use foreign software or if the software used by the National Identity Management Commission (NIMC) or the one installed at the Office of the Accountant General of the Federation [OAGF], Federal Inland Revenue Service [FIRS], NIBSS and the Central Bank of Nigeria [CBN] are powered by indigenous software companies. This is possible today but it is requires government policy. WAEC, JAMB and NYSC are not using foreign software and they have continued to do very well in carrying out their functions.

Is the Country Making Progress with Local Content in ICT?

Honestly, I cannot say we are making any headway. It appears to me that NITDA does not have the enabling authority to enforce the local content policy or it does not have the capacity. Let us say clearly here that software professionals are not asking for reserved seats. No, we are saying give local software houses the opportunity. Our guys can and are bringing out solutions with global standards. I can also tell you that some of our solutions are superior to the foreign solutions. For example, I can vouch for Sidmach’s Insurance solutions namelyIndemnityPro and IndemnityProLife, as meeting global standards.

Don’t you think lack of professionals at the helms of affairs, is affecting the growth of the ICT industry? 

As a practitioner, I will like to see one of my colleagues as the Minister but I cannot say for sure that such a person may perform better than any other person in managing the industry. It is a perception that we may see better policies.

NCS ICT Personality of the Year Award at NITMA 2017, How Do You Feel?

I feel great and I thank God for His mercies. The award is a call to service. It is a call to more work, more innovation, more quality work and more service to the people. At Sidmach, we innovate and develop solutions to make people work smarter and make life better, this is our core and we shall continue.

The award is dedicated to the entire staff of Sidmach Technologies Nigeria Limited, who were committed to innovation and quality, without whom it would not have been possible to win this. I also thank all those who believed in us and voted for us.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. 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

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MTN Says New N6.98 USSD Charge Won’t Affect Airtime Recharge

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Lynda Saint-Nwafor, chief Enterprise business officer, MTN Nigeria, has assured the network subscribers that the new end-user billing system for the use of USSD services will jot affect them.

MTN Says New N6.98 USSD Charge Won’t Affect Airtime Recharge

USSD, otherwise Unstructured Supplementary Service Data codes are commonly used for banking transactions, airtime recharges, and other mobile services.

The telco said that  there is no significant impact or change other than the fact that they will now pay the same N6.98 per session (120 seconds) with their airtime instead of direct bank debit.

Saint-Nwafor, said this during a chat with MTN MIP fellows, explaining that the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have ordered telecom operators to ensure that the new billing model resolves trust issues and ensures transparency in the billing process.

“Our regulator insisted that at the end of every month, we are going to be providing history and statistics on the performance of the service across the board”, she explained.

Saint-Nwafor added that the new billing model has standardized messaging across all operators and ensures consistent communication with customers.

“We will take all the error codes and map them into messages that are standardised across the board. So, if you initiate a transaction, you will know if it is failing. And, when the transaction fails, you will know if it is from your bank or the telco,” she explained.

 


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Crypto Scam Unmasked: U.S. Recovers Record $225m in Global Fraud Bust

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The U.S. government has recovered $225 million in what is now the largest seizure of funds linked to a cryptocurrency investment scam.

In a statement released Wednesday, June 18, the U.S. Attorney’s Office said the recovery followed an extensive investigation by the FBI and the U.S. Secret Service, using blockchain analysis and other forensic tools. The statement did not confirm whether any arrests had been made.

According to the authorities, the stolen funds originated from fraudulent cryptocurrency investment schemes that tricked victims into believing they were making legitimate investments. More than 400 individuals around the world, including dozens in the United States, were reportedly affected.

The operation involved a sophisticated money laundering network that carried out hundreds of thousands of blockchain transactions to obscure the source and ownership of the stolen assets.

“These scams prey on trust, often resulting in extreme financial hardship for the victims,” said Shawn Bradstreet, Special Agent in Charge at the U.S. Secret Service office in San Francisco.

Bradstreet added that U.S. officials hope the recovered funds can eventually be returned to the rightful victims.

Cryptocurrency investment fraud accounted for over $5.8 billion in reported losses in 2024 alone, according to the statement.


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Nnaemeka Ani Calls on African Techies to Rewrite the Narrative

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Hon. Nnaemeka Ani
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In a rousing declaration that is electrifying minds across the continent, Hon. Nnaemeka Ani, Special Adviser on ICT to Enugu State Governor, Dr. Peter Mbah, has called for a homegrown digital revolution under the banner “Africa Will Rise: By Code, By Courage, By Us.”

Hon. Nnaemeka Ani

The message, part challenge, part philosophical—seeks to galvanize African innovators to move beyond buzzwords and build technology with impact and legacy in mind.

“Let’s stop building for hype. Let’s start building for legacy,” Ani urged while speaking to ICT journalists over the weekend. “Let’s stop waiting for someone else. Let’s start creating the future—on our own terms.”

At the heart of Ani’s vision is a shift from tech consumerism to tech authorship. With innovation hubs sprouting across cities like Enugu, Lagos, Kigali, Jo’Burg, and Nairobi, and a growing community of developers, engineers, and entrepreneurs determined to solve Africa’s unique challenges, the movement is already taking shape.

Ani emphasized that Africa’s future lies not in flashy apps or international admiration but in persistent, intentional solutions that uplift communities—solutions that digitize public services, bridge rural-urban divides, empower women and youth, and build resilience in food and climate systems.

“We have the talent,” he said. “Now it’s time to harness it—to stop building for likes and start building for lasting impact.”

With support from leaders like Ani and rising momentum in Africa’s tech corridors, it seems that a new chapter is being written—one line of code at a time.


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