E-Business
Nigeria Plans to Venture in Space Exploration
Dr. Ogbonnaya Onu, the Minister of Science, Technology and Innovation, has disclosed of plans by Nigeria to join the league of countries in space exploration.
He stressed that the strength of the economy of any nation was dependent on its scientific and technological advancement.
Dr Onu stated this in a keynote address delivered at the 2020 National Convention of the Izzi Old Students Association held at the Faculty of Education, Ebonyi State University (EBSU), Ishieke campus.
The minister said the President Muhammadu Buhari-led administration had repositioned and strengthened the science and technological sector to play a leading role in the current efforts to diversify the country’s economy.
Dr. Onu who highlighted advantages of science, technology and engineering urged teachers and school administrators to encourage younger generation of students to embrace science, engineering and technology.
“It is sad that the students after rendering the school’s anthem started mentioning the professions that they will like to pursue, but not even one mentioned engineering.
“The principals and teachers should bring people who can enlighten the students on the importance of engineering to nation-building.
“It will be very sad if in this school we don’t have young people aspiring to be engineers because in Nigeria we have plans to send people to the space.
“Yes, we have that plan; don’t ever think it cannot be done, it may take 20 years, 30 years, but we have that plan and I will be very happy to see somebody from this school to go into space and you cannot do it without science and engineering.
“There are so many resources we have in our state and in our country and one problem we have faced is that we have always allowed our economy to depend entirely on commodities.
“First, we started with agricultural products and later with petroleum products; crude oil and natural gas without adding anything.
“We have seen that because we don’t control prices of crude oil in the international market and whenever there is a sharp drop in prices, it adversely affects our national economy and we enter into recession.
“All recessions that we have gotten into arose from this; and we have seen countries including South Korea that we were far better off in the 1960s, today their gross domestic product (GDP) per capita is many times what we used to have.
“All the mobile phones we are using they come from South Korea, there is no area of technology that they are not involved in.
“We have also seen what has happened to China, Japan and Singapore, whether small or large, so, you cannot really grow the economy without emphasizing science and engineering,” Mr Onu said.
Mr Onu urged old students of the institution who have excelled in different fields of endeavour to look back and see how they could help the school regain its past glory.
He said: “This school should be celebrated. I am happy that we have all assembled today to celebrate this great school.
“The old boys have a very important role to play in nation-building; this they can do through strengthening their alma mater, improving the quality of teaching and standard of infrastructure as well as providing mentioning and guidance to young students.
“Old students as role models have become stars that show the light for young students to find their way; they help the younger ones to dream dreams and help them to have visions of what they want to be.”
The minister called for establishment of scholarship scheme to enable poor students of the institution to pursue their academic dreams.
He said education especially when it encouraged innovation and creativity remained the key to unlocking great potential of any nation.
He urged the association to remain focused, not to relent or to fail, adding that every effort should be made to ensure that the association continued to play its role for the good of the students, the state and the nation.
Mr Onu donated 10 sets of laboratory kits, two sets of desktop computers, 10 sets of laptop computers and 12 text books written by the minister in different areas of study.
E-Business
NDPC to Impose Heavy Fines on Defaulting Data Processors, Controllers this Year
Nigeria Data Protection Commission (NDPC) has announced plans to significantly ramp up enforcement and impose substantial fines on data controllers and processors that violate the Nigeria Data Protection Act (NDPA) of 2023.
This was disclosed by Dr Vincent Olatunji, national commissioner/CEO of the Commission, in a video message outlining the Commission’s 2025 agenda, shared on the agency’s social media platforms.
A statement issued by the Communications Division of the Commission on Friday quoted Dr Olatunji as saying that, “For data controllers and processors, there is going to be massive enforcement. We have never really issued any fine, but going forward, you’ll hear us giving heavy penalties.”
He assured Nigerians that their data rights, as guaranteed by the NDPA, will be fully protected, and defaulting data controllers and processors will face strict consequences.
The Commissioner highlighted the NDPC’s extensive engagements with stakeholders across public and private sectors to promote awareness and compliance with the Commission’s mandate.
The efforts, he said, have resulted in the signing of Memorandums of Understanding (MOUs) with key organisations, including the National Insurance Commission (NAICOM), National Lottery Regulatory Commission (NLRC), the Data Privacy Office of Canada, and the Dubai International Financial Centre Authority (DIFC), among others.
Dr Olatunji also shared that the NDPC will advance to the second phase of its Strategic Roadmap and Action Plan (NDP-SRAP 2023-2027) in 2025.
This phase is expected to create job opportunities within Nigeria’s data protection and privacy ecosystem, particularly for young people.
The Commission has been actively training Nigerians in data protection and privacy, creating a pool of globally competitive experts within the data protection sector in 2025.
“There are a lot of data controllers and processors that are looking for people to work with them. Now those that we have trained in 2024, those we have certified, we are going to do more this year to actually launch them to the job market where they can really work with data controllers and processors,” he said.
Additionally, the NDPC will continue nationwide efforts to promote data protection awareness.
The Commission aims to educate citizens about their rights and the importance of data privacy while reminding data controllers and processors of their obligations under the NDP Act.
Dr Olatunji emphasised that these initiatives are part of the broader goal to embed a culture of data protection and privacy in Nigeria.
As part of its international engagement efforts, Nigeria will host the “Network of African Data Protection Authorities Conference” in May 2025, with over 40 nations with existing data protection laws expected to attend.
According to Dr Olatunji, this global event will position Nigeria as a leader in the data protection ecosystem, and bring significant economic benefits to the country.
The NDPC reiterated its commitment to ensuring data protection and privacy become integral to Nigeria’s digital landscape, building trust and fostering economic growth, the statement added.
E-Business
NIPOST Reports 275 Percent Revenue Growth in 2024
Nigeria Postal Service (NIPOST), achieved a 275 percent increase in revenue for the year 2024, according to Tola Odeyemi, postmaster general.
At the beginning of the year, NIPOST set an ambitious target of generating N10 billion in revenue.
Although specific figures for the end of the year were not disclosed, the reported increase suggests a significant recovery for the postal service, which had previously faced consistent decline.
Odeyemi, who made the disclosure while listing NIPOST’s achievements for the year recently, attributed the growth to a series of reforms aimed at enhancing service quality and eliminating revenue leakages
The NIPOST boss detailed the steps taken to boost revenue, noting the implementation of Point of Sale (PoS) terminals in high-transaction areas, which has streamlined payment processes and improved customer experience.
She said, “One of the major achievements for us in 2024 has been a 275% increase in revenue from 2023. We achieved this by plugging a lot of the revenue leakages that we have by deploying PoS terminals for payment in our high transaction areas, as well as ensuring that our quality of service goes up.”
Looking ahead, Odeyemi outlined NIPOST’s plans to sustain this growth trajectory.
She said the organisation has embarked on renovations and upgrades of key locations in Abuja, Lagos, and Kaduna, alongside enhancements to the Postal Institute, which is central to the agency’s change management initiatives.
Furthermore, she stated that NIPOST is gearing up for several major developments in 2025, including the rollout of a national addressing system and digital postcode services, specialised logistics for agriculture and healthcare, and a relaunch of its financial services.
“There will be infrastructure upgrades, which will take place across the Federation and there will be an increase in access to government services through your local NIPOST location,” she said.
E-Business
Firm Unveils Drop App to Revolutionize E-hailing in Nigeria
Sure Switch Tech, a technology company, has unveiled the Drop App, a ground-breaking e-hailing platform designed to empower drivers and passengers in Nigeria.
The Co- Founder who doubled as the Chief Executive Officer of Sure Switch Tech, Ugbah Chukwuma, during the unveiling in Abuja, disclosed that Drop App is an innovative online motor park that connects drivers and passengers directly, allowing them to negotiate terms and travel with ease and confidence.
Chukwuma noted: “What sets the Drop App apart is its driver-first approach, which ensures that drivers keep more of their earnings, saying Drop App is built for convenience, affordability, and empowerment. The app provides a low-cost, high-reward platform for drivers and a reliable and flexible service for passengers.”
According to him, “we understand the challenges that many Nigerian drivers face, and we designed the Drop App to provide real solutions. We are committed to driving innovation, empowering communities, and creating platforms that prioritise fairness and opportunity for all.
He further explained that Sure Switch Tech is a leading technology company dedicated to creating innovative solutions that empower communities and drive growth, stating.
“Today, we launched the Drop app, a platform that redefines e-hailing and transportation in Nigeria. At Trust Tech Limited, we are committed to creating technologies that address existing challenges and empower the communities we serve.
“The Drop app is more than just an e-hailing app; it’s an online motor park, a digital hub where drivers and passengers can connect directly, negotiate terms, and travel with ease and confidence.
“What sets Drop apart is its driver-first approach. We don’t refer to drivers as drivers; we call them our partners. We’ve chosen a different path, where no commissions are deducted from drivers’ earnings. Drivers get 100% of their earnings and pay only a flat rate of N500 for 24-hour service on our platform.
“Another key feature of Drop is the freedom for drivers and passengers to negotiate ride prices directly. We ensure transparency, fairness, and mutual agreement. The Drop app is built for convenience, affordability, and empowerment.
“It enables drivers to scale their business and support their families. For passengers, it’s a low-cost, high-reward platform that guarantees value for money. It’s a reliable, flexible service that accommodates their preferences and budget.”
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