E-Business
NOTAP Launches Software for EO5 Implementation
![](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2021/12/NOTAP-Logo-2.jpg)
The National Office for Technology Acquisition and Promotion (NOTAP), has launched locally developed software that would establish a database of Nigerian professionals for the implementation of President Muhammadu Buhari’s Executive Order 5 (EO5).
Speaking at the event which was held in Lagos recently, NOTAP Southwest Zonal Director General, Dr. DanAzumi Mohammed Ibrahim, said the Order is aimed at engaging indigenous professionals in execution of government jobs for improvement of indigenous skills and also to protect and encourage the development of local capacities.
He noted that the EO5 was intended to give preference to Nigerian professionals in the execution of government contracts and projects in science, engineering and technology, to gradually develop their technical skills well enough to compete favourably with their foreign counterparts.
Dr. Ibrahim said the Order was a government’s initiative to set the nation on the path of viable and sustainable economic growth, using the instruments and platforms of Science, Technology and Innovation (STI)
Decrying the enormous amount of foreign currency spent to procure foreign technologies, especially in the area of software by Nigerians entrepreneurs, the DG said it became necessary to encourage the development and utilization of indigenous skills.
“NOTAP, therefore, engaged an indigenous Information Technology (IT) company, Cogewox Dot Net limited for development and deployment of a robust database that captures, stores, analyses and reports profiles of Nigerian professionals,” he noted.
He noted that where expertise was lacking, procuring entities would give preference to foreign companies and firms that have demonstrated clear and verifiable plans for indigenous skills development prior to the award of such contracts.
“With the signing of Executive Order, companies with the intention of employing foreign nationals on long term work authorisation and requires the grant of expatriate quota will undergo additional extensive scrutiny.
“The Order, companies would be required to employ Nigerians to understudy their foreign experts to enable them acquire the requisite skills for the eventual takeover of the expatriate positions by a Nigerian counterpart.
“Although this has always been the case, it is our opinion that there would be stiffer scrutiny and monitoring of this requirement for proper implementation,” he said.
In his presentation titled, ‘Database of Experts for Policy Formulation,’ the former President and Co-founder of the Institute of Software Practitioners of Nigeria (ISPON), Dr. Chris Uwaje said NOTAP had demonstrated competence and willingness to launch the country into a technology dependent nation through the encouragement of software development in the country.
He expressed confidence that NOTAP would religiously implement the Order and turn Nigerian into a technology hub, even as he urged the Federal Government to give all support and encouragement to the agency to ensure the actualisation of its mandates.
He described the software as a robust and interactive app that provides platform for the Nigerian professionals to easily engage in registration, so long as they have a smart internet enabled devices, stressing that Nigeria is blessed with an array of relentless researchers and software developers that could seamlessly compete with their foreign counterparts if given the opportunity to exhibit their competencies.
He commended NOTAP for trusting in the ability of the Nigerian software developers to develop software that would drive the implementation of EO5, adding that the only way to develop indigenous skills was by believing in the operators of the sector and through patronage.
E-Business
Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands
![](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Eric-Schmidt.jpg)
Eric Schmidt, former Google CEO has expressed concerns about the extreme risks posed by artificial intelligence (AI) falling into the hands of terrorists or rogue states.
![Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands](https://i0.wp.com/www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Eric-Schmidt.jpg?resize=573%2C254&ssl=1)
Eric Schmidt, former Google CEO
He warned that nations such as North Korea, Iran, and Russia could adopt AI technologies to develop weapons capable of causing significant harm, including biological weapons.
Schmidt urged governments to oversee private tech companies, emphasising, “The real fears I have are not the ones most people discuss about AI, I talk about extreme risk.”
“I’m always worried about an ‘Osama Bin Laden’ scenario, where truly evil individuals take control of some aspect of modern life to harm innocent people,” he added.
With private companies driving AI advancements, he stressed the need for careful government monitoring and regulation. “It’s really important that governments understand what we’re doing and keep their eye on us,” he said.
His remarks followed a two-day AI summit in Paris, where the UK and the U.S. declined to sign a communiqué outlining the future direction of AI. The declaration on “inclusive and sustainable artificial intelligence for people and the planet” was endorsed by 57 countries, including India, China, the Vatican, the EU, and the African Union Commission.
The UK justified its decision, stating that the agreement lacked “practical clarity” on global AI governance and national security concerns.
Schmidt supports U.S. export controls restricting the sale of advanced AI microchips to certain countries, aiming to slow adversaries’ progress in AI research.
He also highlights the importance of international collaboration on AI safety, suggesting that cooperation with nations like China is essential to addressing global AI challenges.
E-Business
OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk
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Sam Altman, chief executive of ChatGPT-owner OpenAI, has firmly declared the company “not for sale” following a $97.4bn (£78.4bn) takeover bid from a consortium led by Elon Musk.
![OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk](https://i0.wp.com/www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2022/04/Elon-Musk.jpg?resize=563%2C229&ssl=1)
Elon Musk
Speaking at the AI Action Summit in Paris, Altman emphasised OpenAI’s mission to develop AGI (artificial general intelligence) for the benefit of humanity.
Marc Toberoff, attorney for Elon Musk, confirmed the bid submission on Monday.
In response, Altman humorously offered to buy Twitter for $9.74 billion on Musk’s platform.
Unlike many tech giants, OpenAI is not publicly traded but operates through a complex partnership between non-profit and for-profit entities.
Musk aims to return OpenAI to its non-profit roots, despite owning a rival firm, xAI.
Christie Pitts, a tech investor, expressed scepticism about Musk’s intentions, noting his competitive interests.
Altman echoed this sentiment, suggesting Musk’s move disregards OpenAI’s mission.
Altman, who holds no stock in OpenAI, advocates transforming the organisation into a fully for-profit company to raise more funds for AI research.
Although the board has the final say, the $97.4bn offer falls short of OpenAI’s previous $157bn valuation and rumoured $300bn in future funding talks.
Toberoff stated the consortium might increase their bid. Meanwhile, OpenAI is collaborating with Oracle, a Japanese investment firm, and an Emirati sovereign wealth fund on “The Stargate Project,” a $500 billion AI infrastructure initiative announced by President Donald Trump.
E-Business
Adobe Launches AI Video Tool to Compete with OpenAI
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Adobe yesterday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year.
The Firefly Video Model, as Adobe is calling the service, will compete against Sora, a model developed by ChatGPT creator OpenAI, and startup Runway, both of which currently offer video-generation services. Facebook owner Meta Platforms has also developed a video-generation AI model but has not given a timeline for when it will be released.
Adobe’s model differs from its rivals because it is geared toward generating clips that will fit into how film and television studios use Premiere Pro, its flagship video editing software.
To that end, many of the features that Adobe is emphasizing revolve around feeding existing shots into the video model and asking it to generate clips that fix or expand on shots that were taken on a real production set but that did not come out quite right.
Adobe said the service will generate five-second clips at 1080p resolution. While that is shorter than the clips of up to 20 seconds generated by OpenAI’s service, Adobe executives said the majority of individual clips in most productions are only three seconds.
Adobe said a user can generate 20 clips per month for $9.99 and 70 clips for $29.99. That compares with 50 videos for $20 per month with OpenAI’s plan at lower resolution and a $200 OpenAI plan that can handle longer, higher resolution videos.
Adobe is also working on a “Premium” pricing plan for studios and other high-volume video users and will release those pricing details later this year. Alexandru Costin, Adobe’s vice president of generative AI, said the company is working to generate 4K video and will remain focused on quality rather than longer clips.
“We actually think that great motion, great structure, great definition scheme, making the actual clip look like it was film, is more important than making a longer clip that’s unusable,” Costin told Reuters.
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