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Raji Takes over as NBTI Boss, Pledges to Drive Technological Growth
Dr. Kazeem Kolawole Raji, director general, National Board for Technology Incubation (NBTI), has promised to engage in the empowerment of youths in digital and technological innovations for the nation’s economic growth.
Raji, who stated this when he officially took over the mantle of leadership from immediate past director general, in Abuja, explained that the Board remained an economic base in which the Gross Domestic Product, GDP, of the country could be grown.
He said, “Presently, what we are doing is electromechanical. And I’m bringing new initiatives on emerging technologies. Because when you talk about technology today, you talk about AI, that’s artificial intelligence. You talk about nanotechnology. You talk about blockchain technology. And if you look at what is happening today in Nigeria, you see that a lot of our youths, if you tap their brains, they can become useful to this country and to themselves, rather than engaging in nefarious activities.
“And most importantly, we are a knowledge-based economy where the frontier, top-level elites of most Nigerian youth can be put into place and help drive the economic base of Nigeria, grow our economy, and increase our GDP.”
The director general pointed out that the Board had offices in all 36 states of the Federation and 15 extensions in some states and would ensure grassroots technological advancement.
“First and foremost, let me thank His Excellency President Bola Ahmed Tinubu GCFR for appointing me as the new Director General and CEO of the National Board for Technology Incubation, Abuja. Presently, we have offices in 36 states of the Federation and 15 extensions in other states. That means if you add 36 plus 15, you’d have around 51 centers.”
“These centers are meant to advance technological innovation and skillsets for our youth to enjoy. If you look at it presently, MBTI is tasked with establishing and managing technology incubation centers in Nigeria. And the skillset of most of our youth in Nigeria today shows that many come up with a lot of innovations.”
“Just like very recently, last month in January, in Nigeria, an incubatee of MBTI, Mr. AbdulLateef Olaosebikan, won $1 million in a keenly contested competition in Abu Dhabi. He called that prize the Zaihe Sustainable Prize Award, and he won it in the food category.”
“He competed with 5,980 other applicants from all over the world. That is to show you the kind of skillset in Nigerian youth. And that’s part of the reason why, when Mr. President said he’s going to draw water from the dry well, it means technology. Because the only way you can draw water from a dry well is through technology. And that technology is what I’m here to drive,” he stressed.
On the proper packaging of products, Raji stated that a memorandum of understanding had already been signed with the Kwara State Government in that regard.
“Just last week, I was in Kwara State to sign a memorandum of understanding with the Kwara State government with our incubatees and post-incubatees. One of the things I discovered there is about packaging and how we can package our products so that they can rival international products.”
“Presently, we are engaging with NAFDAC and the Standard Organization of Nigeria to achieve that kind of product quality. Because part of the mandate of MBTI is to commercialize the research products coming out of our incubatees and the National Board for Technology Incubation.”
“So, I can assure you, with the caliber of people at the Standard Organization of Nigeria and NAFDAC, partnering with them, by next week or so, we’ll be engaging with them officially on how we can work together to help our entrepreneurs package their products well in view of international standards.”
“You don’t have to go somewhere else to look for any product. If you see the kind of products coming out of Kwara State, you will marvel. Just very recently, someone came up with the idea of a trytractor.”
“And the trytractor, if you see the kind of output coming from this trytractor, if you help this person commercialize this product, imagine Nigeria as an agrarian nation and how we can make use of this. We won’t need to go outside and import tractors again if we develop our own local entrepreneurs. That is the reason why I’ve always been advocating, even while I was Executive Director at Nigerian Communications Satellite, that Executive Orders 003 and 005 on ICT local content should become an Act of Parliament.”
“It’s not just an Executive Order alone. They need to become an Act of Parliament so that if they become law, Nigerians will embrace our own local technology. We won’t have to go outside to rely on foreign technology.”
“And if you are working on your own local technology, you will be assured that capital flight will become a thing of the past, and we can shore up our foreign reserves and address the fluctuation of the Naira and Exchange Rates today in Nigeria,” Raji further explained.
Earlier, Dr. Chukwu, the immediate past director general of NBTI, said deliberate efforts were made for grassroots development.
“NBTI is an agency that spans the whole nation, and there is a grassroots project that, at the end of the day, if we put in our best, people will be able to benefit from the dividend of democracy. Thank you very much.”
“I am here this morning to start the handing over process, and usually, in the handing over, I’m expected to have inputs from departments, units, zonal offices, and centers to ensure that the handing-over note is comprehensive enough for the incoming DG, CEO.”
“So, on my part, I’ve been able to do a template that will guide the departments, the heads of units, zonal directors, and center managers to submit their inputs. That was what even delayed me a bit. Though I have it in soft copy, for the departments and others, I will give them a hard copy here.”
“Let me also use this opportunity to welcome my brother to the National Board for Technology Incubation. National Board for Technology Incubation is an agency that cuts across the whole nation, and there is a grassroots project that, at the end of the day, if we are able to put in our best, our people will also be able to benefit from the dividend of democracy. Thank you very much,” Chukwu said.
The Lagos State Governor, His Excellency Babajide Sanwo-Olu has commended Africa’s leading e-commerce platform, Jumia Nigeria, for its giant strides and in the growth of the country’s e-commerce sector, as well as its unique contributions to its economic development.
He said that Jumia has earned its place as a major brand, with its growth and trajectory in the country’s e-commerce ecosystem over the years which, he said, has made it a household name. He urged the company to not only strive to maintain its excellent service standards, but to also work towards improving them.
The Governor who was speaking during a courtesy visit by the management of Jumia Nigeria to the State House in Marina on Thursday March 27, reaffirmed the strategic importance of the company in the economic development of Lagos State and Nigeria, especially in job creation.
He restated his administration’s commitment in ensuring that Lagos State remains environmentally friendly for businesses to grow.
“Our administration has always prioritized creating an enabling environment for businesses to thrive. Through various initiatives, we have strengthened the ease of doing business, and fostered innovation to drive economic growth, and we will continue to support businesses and create opportunities that will aid in their growth”, Sanwo-Olu said.
Governor Sanwo-Olu said that the Lagos State Government remains open to collaborations with the private sector to enhance service delivery, infrastructure development, and create opportunities for residents, with the aim of building a resilient and sustainable future.
He said the administration recognises the importance of working with the private sector to achieve its goals of improving the lives of its citizens.
Speaking also, the Chief Executive Officer of Jumia Nigeria, Sunil Natraj, thanked the governor for creating an enabling environment in the state for businesses like Jumia to grow. He stated Jumia’s commitment to contributing towards the growth and development of the state, and the country.
Natraj said the company has made tremendous strides from its early days as a tech start-up in Lagos and has grown to become the number one e-commerce platform in Nigeria, with a presence in nine African countries. He said the company presently employs hundreds of Nigerians directly, and thousands more indirectly as independent sales agents and partners.
He restated Jumia Nigeria’s commitment to providing excellent service, focusing on delivering exceptional value and fostering long-term relationships with its customers around the country.
Among other things, he said the company is actively working to enhance customer experience, aiming to simplify the e-commerce process, making it easier for customers to navigate and shop online.
According to him, Jumia aims to transform everyday life in Africa by making it easier for consumers to access goods and services conveniently and affordably, adding that the company is focused on expanding access to retail across the country.
Nigerian National Petroleum Company (NNPC) Limited has announced its readiness for the capital market with an Initial Public Offer (IPO) now in the final stage.
Mr. Olugbenga Oluwaniyi, chief finance and investor relations officer (CFIO), NNPC, stated this at a consultative meeting with partners at the NNPC Towers, Abuja, on Thursday.
He said the move aligned with the provisions of the Petroleum Industry Act, 2021.
He said NNPCL was currently engaging with prospective partners in an exercise tagged: “NNPC Ltd. IPO Beauty Parade” in line with capital market regulations before the commencement of the IPO.
According to the CFIO, the aim of the IPO Beauty Parade is to assess potential partners and determine in what ways they could be of support to the company.
He listed the areas of partnership required to include Investor Relations, IPO Readiness Advisors, and Investment Bank Partners.
He said the company with the best offer in terms of project partnership would be selected for each of the three categories.
The PIA provides for NNPCL to list its shares in the capital market in line with the provisions of the Company and Allied Matters Act (CAMA) 1990.
Federal High Court in the Bwari Judicial Division has thrown out a case of fraud filed against the Chairman of Zinox Technologies, Mr. Leo Stan Ekeh, his wife, Chioma Ekeh, and 11 others.
Femi Falana and Leo Stan Ekeh
This is the umpteenth time.
The latest is the dismissal of the suit by Justice Akpan Okon Ebong of the FCT High Court, who struck out the case filed by Mr. Femi Falana SAN, purporting to act on a fiat donated to him by Mr. Lateef Fagbemi SAN, attorney general and minister of Justice of the Federal Republic of Nigeria, against Mr. Leo Stan Ekeh, chairman of Zinox Technologies, and 12 others.
The other defendants are Mr. Chris Eze Ozims, Oyebode Folashade, Charles Adigwe, Obilo Onuoha, Agartha Ukoha, Anya O. Anya, Femi Dosumu, Nnenna Kalu, Admas Digital Technologies Limited, Technology Distributions Limited and Zinox Technologies Limited.
In the suit No. FCT/HC/CR/985/24 filed in November 2024, Falana, on behalf of his client, Benjamin Joseph, the CEO of Citadel Oracle Concept Limited, an Ibadan-based computer firm, filed charges against Ekeh, 9 other individuals and 3 companies before the Federal High Court in Abuja for allegedly diverting N162,247,513.80 being payment for laptop supply contract at the Federal Inland Revenue Service (FIRS) Headquarters which Technology Distribution Ltd (now TD Africa), the biggest tech equipment distributor in sub-Saharan Africa supplied on behalf of Citadel in 2012.
However, in the certified true copy of the judgment dated March 20, 2025, Justice Ebong ruled as follows: “It is my conclusion based on the foregoing that this charge (No. FCT/HC/CR/985/2024, Federal Republic of Nigeria v Leo Stan Ekeh and 12 ORS) constitutes a gross abuse of court process and is liable to dismissal. I accordingly hereby dismiss it.”
Before arriving at his judgment, which has put the final nail in the coffin of a case that other courts had also dismissed in the past as dead on arrival, Justice Ebong considered the outcome of previous cases and petitions filed by Mr. Joseph, none of which was in his favour.
Justice Ebong said: “One intriguing aspect of this matter is that none of the law enforcement agencies involved in the investigation of the nominal complainant’s (Mr. Joseph) numerous petitions has found merit in any of his allegations against the defendants. When called upon before Senchi J. (Justice Danlami Z. Senchi) to prove his said allegations to the court, he failed to turn up in court. One then wonders on what premise he wants to maintain this campaign of persecution against the defendants.”
Previous judgments on the matter had established that rather than being the culprit, Ekeh and the 12 others were actually the victims of a failed money diversion scheme plotted by Mr. Joseph and Citadel.
When contacted, one of the defendants, Mr. Chris Eze Ozims, a lawyer, said: “This ruling truly reflects our consistent position on the allegations, and it is good that we have been vindicated, once more, by a competent high court.”
He asserted that the judgment of Justice Ebong was consistent with the position of the defendants and in tandem with the rulings of other judges who had previously adjudicated on the same matter.
Mr. Matthew Burkaa SAN, chief counsel to the defendants, described the judgment as a victory for integrity and the rule of law.
Court papers showed that Falana’s suit was based on the same claims that various courts had dismissed in the past as falsehood and baseless. The case arose from a contract between Citadel and Technology Distributions Limited over the supply of computers to the Federal Inland Revenue Service (FIRS), a project fully funded by Technology Distributions and has no bearing whatsoever with Zinox and its promoter, Mr Leo Stan Ekeh.
It will be recalled that Mr. Joseph had lost the case and its adjunct suits at different courts in the past. In his petition to the police in 2013, police authorities discovered that Mr. Joseph provided false information to the police, prompting the Inspector General of Police to charge him for false information in charge no.CR/216/16.
In another case filed by the EFCC in his instance against his partner, Princess Kama, in charge no. FCT/HC/CR/244/2018, Honorable Justice Danlami Z. Senchi of the FCT High Court (as he then was) dismissed as false all the allegations made by Benjamin Joseph, and imposed the sum of N20 million as damages against him for false petitioning in relation to these same allegations.
Earlier court papers showed that Joseph, in his statement on oath in suit No:LD/4335/2014 in the High Court of Justice, Lagos State, dated June 28, 2019, averred that his company, Citadel, did not execute any contract with FIRS and that he was not aware that a contract had been awarded to Citadel.
In his deposition under oath, Joseph claimed that Citadel “did not at any time execute any contract for the FIRS and neither did the 2nd defendant (Princess O. Kama) who is its agent in respect of the contract it bid for with the FIRS deliver/release any documents to the Claimant (Citadel) indicating that the contract it bid for, or any other contract was awarded to it by the FIRS or any other body.”
However, a letter from the FIRS addressed to the chamber of Afe Babalola & Co dated February 11, 2014 (FIRS/PD/GDS/2559) and signed by one Idrissa Kogo, Head Legal Department, stated: “Contrary to your client’s claim that they knew nothing about the execution of the contract awarded to them and that they did not receive any payment for the execution of the contract, our record reveals otherwise.
“Your client instructed FIRS through a letter dated December 13, 2012, to deal with Princess O. Kama (Your client’s agent) in relation to the contract. Through three separate letters dated December 20, 2012, your client instructed FIRS to pay to the client’s account with Access Bank plc. Please note that FIRS acted in compliance with your client’s instruction and with due diligence,” the FIRS letter stated.
The FIRS letter was a response to inquiry by Afe Babalola Chamber, lawyers to Citadel Oracle Concept Ltd and its MD, Mr. Benjamin Joseph, at that time.
The current charges filed by Falana on the basis of a fiat from the Attorney General is the third in a row as Mr Joseph had earlier filed charge no.CR/469/2022, which was struck out by Honorable Justice C. O. Oba of the FCT High Court, by an order dated November 8, 2022.
Determined to push through with his case, Mr Joseph filed the same charges before Honorable Justice A. S. Adepoju of the FCT High Court, and the charges were, once again, struck out by the Honorable Court on March 19, 2024, with Honorable Justice Adepoju holding that: “This matter was brought in dead, extinct and should be confined into the dustbin of history…I hold that the instant suit is an abuse of the process of court, and it is hereby struck out accordingly.”
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