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NITDA’s Talent Development Initiative Woos Business Sweden

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L-r: Anthonia Adenaye (Business Sweden), Joran Bjallerstedt (Deputy Ambassador, Embassy of Sweden) Kashifu Inuwa, CCIE, Director General, National Information Technology Development Agency (NITDA), and Nathalie Thiel (Business Sweden). During a courtesy visit to NITDA's headquarters in Abuja.
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Developmental Regulations, one of the core mandates of the National Information Technology Development Agency (NITDA), and a pillar in the National Digital Economy Policy and Strategy (NDEPS), has been identified as a major attraction of foreign partnership towards talent development by the Business Sweden.

Business Sweden is a platform for success in an increasingly purpose-driven world. It has a unique government and private sector mandate, that help international and Swedish companies to leverage their strengths and lay the foundation for green, inclusive, and digital growth – in Sweden and across global markets.

While welcoming the Swedish team to his office, Kashifu Inuwa, CCIE, the Director General of NITDA, was highly enthusiastic about the proposal made by the Deputy Ambassador of Sweden in Nigeria, Mr. Joran Bjallerstedt, and his team during a courtesy visit to NITDA Headquarters in Abuja.

The DG reaffirmed NITDA’s readiness to partner with the Business Sweden to explore the diverse avenues in promoting trade and entrepreneurship for the Nigerian teeming youths.

“With the Startup Act, Nigeria is positioning to thrive in the Information Technology ecosystem, and President Muhammadu Buhari, GCFR, is set to inaugurate the Council for the Startup Act, which is the apex organ for the implementation of the Nigerian Startup Act,” he noted.

Inuwa asserts that a technical working group committee is drafting the implementation framework for the Startup Act in collaboration with the private sector. The government is working on the Nigeria outsourcing strategy, which is going to focus on making Nigeria the preferred outsourcing destination of the world.

He further said that the National Digital Skills and Strategy, which is aimed at making Nigeria the global talent factory towards bridging the global talent gaps is in motion to connect various talents with jobs.

“We can supply Sweden with the right talent needed to develop your businesses because in the digital economy or in the world we are today, companies are as good as its next products or services,” he said.

The NITDA boss affirmed that Nigeria has the requisite talent required to nurture and train its citizen to fit into the best digital offerings the world has to offer because of the nation’s youthful population.

He also elaborated on NITDA’s function as a government regulatory agency, stating that regulations are meant to enable and not to stifle innovation.

“NITDA recently, launched the regulatory intelligence framework that creates awareness on happenings within the ecosystem and gathers intelligence on how to regulate processes which enables dynamism in our regulation formulation.’’

“Our regulations focus on achieving four objectives which are, to regulate market creation, to enable innovation, to regulate customer or consumer protection, and to regulate efficiency and effective service delivery,” he added.

He noted that some issues of concerns in Nigeria are waste management, transportation and logistics, financial inclusion, agriculture, and many more.

Inuwa further revealed that efforts are ongoing in building clusters for Business Process Outsourcing (BPO) to wedge against the lack of job opportunities for graduates. The Agency is into many other partnerships geared towards digital skill acquisition with MIT-REAP, Google, CISCO and others.

“In the same vein, we are sponsoring students for first degree, MSC and PhD on different courses, and currently in talks with the Universities in changing their curriculum to address the skill gap deficiencies among graduates,” he added.

He hinted that it has always been a collaborative effort in the ecosystem among other service providers in technology, communication companies, agriculture sector, extension workers, and even the input suppliers.

He then recommended his Special Assistant on Digital Transformation, Dr. Aminu Lawal, to be the contact person for all the initiatives identified to partner with Business Sweden on the three clusters, Business Process Outsourcing, Innovation Hubs, and Agriculture.

Dr. Aminu Lawal, while speaking on other strides of the Agency towards co-creating within the ecosystem, said that there have been several internal reforms in the Agency.

He mentioned that the Global Tech African Conference preliminary session would take place in Lagos in July 2023 while the main conference would be held on November 27, 2023.

Anthonia Adenaya, the Director General for Business Sweden West Africa, earlier said, “We work to promote relationships in Sweden and other countries in Africa and would love to develop innovation highway between Nigeria and Sweden, especially in areas that Nigeria wants to develop under the purview of NITDA”.

She commended NITDA’s efforts in enabling a formidable digital economy, particularly the recently assented Start-up Bill and added that NITDA’s objectives aligns with Business Sweden which is a powerhouse of innovation, sustainability, co-creation, and equality.

Anthonia agreed that there are lots of talents in Nigeria, especially when it comes to trade talent which her organisation is willing to export to Sweden. Adding that the proposed training format is project-specific, i.e., tailored to fit a particular company specification and requirements.

“We train students from the perspective and the vision of the company so that they are ready to be exported into the system,” she added.

She later disclosed that Business Sweden is in relationship with Ericson and have trained mechanics and drivers in Ghana. It equally has an MOU with France.


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DBN Awards N13m in Grants to Tech Startups

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Development Bank of Nigeria (DBN) has awarded a total of N13 million in grants to three standout tech startups at the 2025 Techpreneur Summit held in Lagos, reinforcing its commitment to innovation and inclusive growth among Nigeria’s micro, small, and medium enterprises (MSMEs).

DBN Awards N13m in Grants to Tech Startups

The winners include: BuyScrap, a digital marketplace for recyclable materials – N6 million; Qiqi Farms, which connects local farmers to hospitality and export markets – N4 million; Eco-Cyclers, a youth-led recycling initiative based in Enugu – N3 million

Alongside the grant awards, DBN also launched a new digital data asset, a first-of-its-kind platform aimed at enabling data-driven decisions within the MSME ecosystem.

The platform offers deep insights into business trends, sector-specific challenges, and growth opportunities—supporting smarter policymaking and targeted investments.

In his keynote address in Lagos, Tony Okpanachi, managing director/ CEO, DBN,   described the event’s theme, “CTRL + SHIFT: Tech Empowered Movement for Naija,” as a strategic call to reimagine enterprise development in Nigeria.

“This isn’t just a keyboard shortcut,” he said. “It’s a mindset reset—powered by technology—to build a more inclusive, innovative, and resilient business landscape. From financing to innovation, DBN remains committed to enabling MSMEs to thrive.”

Okpanachi emphasized that the Summit aligns with DBN’s AMPLIFI Strategy, which integrates digital transformation, sustainability, and scalability into its core programs.

He highlighted initiatives such as the Digital Shift Workshops and the Eco-Innovation Challenge as key steps toward embedding innovation in Nigeria’s MSME sector.

Encouraging young innovators, he added: “The future belongs to those bold enough to imagine and build it. DBN is proud to support the ideas that will shape tomorrow.”

A major highlight was the unveiling of the DBN Data Asset—a digital platform designed to provide real-time, evidence-based insights into Nigeria’s MSME landscape.

The platform combines DBN’s proprietary data with external sources like the National Bureau of Statistics (NBS) to offer a comprehensive view of MSME performance by region and sector.

Jeremy Dan Okayi, DBN’s Head of Strategy, Policy & Innovation, described the platform as: “A reservoir of insight, potential, and direction—built on two years of collaboration and shared vision. This tool will support informed decision-making across the public and private sectors.”


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FCCPC Shuts France, Belgium, and Italy Visa Centres in Abuja Over Alleged Consumer Rights Violations

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In a bold enforcement action, the Federal Competition and Consumer Protection Commission (FCCPC), supported by the Nigeria Police Force and the Nigeria Security and Civil Defence Corps (NSCDC), has sealed off the visa application centres of France, Belgium, and Italy in Abuja over alleged consumer protection breaches and obstruction of regulatory investigations.

The affected centres—located at Mukhtar El-Yakub House in the Central Business District and operated by TLS Contact, a Teleperformance Company—were shut down following reports that they refused to accept formal correspondence from the FCCPC regarding a consumer complaint. The Commission cited further infractions, including obstruction of investigation and alleged assault of its officers during lawful duties.

Speaking to journalists at the scene, Mrs. Boladale Adeyinka, Director of Surveillance and Investigations at the FCCPC, explained: “This is an enforcement operation against TLS. On March 25, 2025, we served them a letter to address a consumer complaint, which they refused to accept. Instead, TLS officers assaulted our team, and in a subsequent visit on June 17, they also allegedly assaulted uniformed police officers.”

Citing Section 33 of the Federal Competition and Consumer Protection Act (FCCPA), Mrs. Adeyinka emphasized that failure to comply with Commission directives constitutes a criminal offense, punishable by imprisonment, fines of up to ₦20 million, or both.

TLS has been ordered to appear before the Commission on June 20, 2025, to provide testimony, submit evidence, and make formal depositions. The company may be held liable for any financial losses suffered by applicants due to the disruption of visa services.

Despite multiple requests for comment, management at TLS Contact declined to respond as of press time.


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How and Why N210 Trillion is Missing in NNPCL – CFO

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Adedapo Segun, chief financial officer (CFO), Nigerian National Petroleum Company Limited (NNPC), has explained why there is a missing sum of N210 trillion in the company’s audited financial statement spanning from 2017 to 2023.

How and Why N210 Trillion is Missing in NNPCL - CFO

According to Segun, the missing funds are cash calls requested by joint venture (JV) partners and settlement to the JVs.

He spokeat a session of the Senate Committee on Public Accounts chaired by Aliyu Wadada.

Segun was responding to an alarm raised by the committee over missing N210 trillion in NNPCL’s audited financial statement.

Recall that Wadada issued a one-week ultimatum to NNPCL to account for the missing N210 trillion.

Reacting, Segun said, “The N103 trillion and N107 trillion are made up of joint venture cash calls that have been requested by the JV operators and JV cash call payments made by NNPCL, which are yet to be reconciled because governance procedures were not done at that time.

“That is why you see the description reflecting those two items would be washed out because they are two sides of the same transaction, which is the cash calls by JV partners and the settlement by NNPCL.”

However,  Habu Sadeik, a financial analyst, in a post on X on Thursday, said Segun’s response was unsatisfactory.

Saidik faulted NNPCL’s response about the fund discrepancies, noting that something is not right with the audited financial statement.

“Forget about the senators’ lack of knowledge.

“The CFO’s response is not satisfactory. Are you saying that cash calls worth hundreds of trillions are just appearing on your FS only in 2024 without 31 disclosure?

“If it’s a cash call, why hasn’t the disclosure said so?

“Which cash call is over 100 trillion?

“Something is definitely not right, and I hope they retrospectively correct that FS.

“Someone somewhere did a chef’s work,” he wrote on X.

 

 


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