Category: e-Business

  • Vivo to consolidate market share

    By LUCAS AJANAKU

     

    Smartphone manufacturer, Vivo, said it will consolidate its market this year having done so well last year.

    It said having started the year on a high note in the local market and across other mobile phone markets globally, it is bent on consolidating on its achievments and scaling it further this year through innovation, design, partnerships, consumers satisfaction and engagement.

    A statement recalled that last July, Vivo ventured into the local market with its Y series (Y15, Y17, Y11, Y12, Y90) and a few weeks later, it unveiled its flagship product – the V17Pro.

    “Despite being new in the market, it is worthy of note that the brand was able to sell all the devices that were shipped into the country in record time.

    Read Also: Vivo eyes top global position

     

    The reason for its successisnot far-fetched – Vivo, is a premium mobile phone brand with its unique selling points being its innovativeness, strength and fascinating aesthetics.

    “Vivo prides itself as the first smartphone brand to launch the in-display fingerprint sensor on a smartphone.

    The feat came at a time when the industry standard was having the sensor either at the rear of the device or on the home button.

    Also, its V7 and V7plus devices, which were launched at the Mobile World Congress were the first smartphones to spot an elevating 24MP front camera from APEX,” the statement added.

     

  • Varsity, New Horizons partner on 4IR digital lab

    By LUCAS AJANAKU

     

    IT training giant, New Horizons, has partnered Mountain Top University to build a fourth industrial revolution (4IR) technology and e-business project laboratory in the institution.

    The Vice Chancellor of the unversity, Prof Elijah Ayolabi, said the project is designed to bridge the gap between academics and the industry to produce a complete granduate.

    He expressed conviction that the partnership and the impact of the quality infrastructure deployed and commissioned would complement the academic regiments, adding that the students would make optimum use of the facility for personal and professional development.

    Also speaking at the inauguration of the facility, the Managing Director/Chief Executive Officer, New Horizons Nigeria, Mr. Tim Akano, praised the university management for deeming it fit to partner  New Horizons to build a new and higher profiled graduates who are empowered digitally to become the toast of employers globally or successful technopreneurs such as Mark Zuckeberg, Bill Gates among others.

    Read Also: Benefits of artificial intelligence and robotics

     

    Akano said the deployment of fourth industrial revolution training skill sets like Artificial Intelligence (AI), Data Analytics, Big Data, and others under the partnership programme is strategic measure to empower graduates to be at par with their more advantaged foreign colleagues as well as ultimately position the country at the front-row of IT-driven nations of the world.

    He said the project-driven entrepreneurship empowerment approach will serve to stem the loss of promising graduates to current situation where many graduates seek to travel abroad to engage in menial and condescending jobs.

    New Horizons Nigeria Chief Universities Operations Officer, Mr. Bolaji Olaoye assured that the computer hardware, software and courseware are Original Equipment Manufacturers (OEMs) standard. He said every student would be trained and mentored by internationally certified technical instructors.

    He said the students would be groomed with the same top level standard, which New Horizons has established in its 370 centres that are spread across 80 countries and locally too in 15 Nigeria.

  • Infinix to sustain Adventure

    By LUCAS AJANAKU

     

    Original equipment manufacturer (OEM), Infinix Mobility Limited, said it will continue its adventure this year into the world of futuristic smartphone design with consumer centered specifications.

    Its Public Relations Manager, Seyi Ajibogere, who spoke during an interaction with reporters in Lagos, said the Infinix Adventure has seen many come aboard and it’s been a swell ride so far.

    Ajibogere said: “Following its core brand message: The Future is Now, the brand has taken its csutomers on an exclusive fun ride into the future; bringing cutting edge technology to their palms that have now shaped how we interact and even do business.

    “The Infinix Adventure started less than a decade ago, and it’s amazing to see how they’ve endeared themselves to many.

    “They have been at the fore of innovations, embracing the rapid technological advancement as well as the change in fashion trends and have combined both elements to give us the best of both worlds.

    Read Also: Infinix introduces S5 smartphones

     

    “In an era where smartphone photography has become the rave, and multiple rear cameras the tool for pictorial perfection, the brand has debuted its versatile quad-camera smartphone – S5 – that has proven to be efficient in capturing different scenes under varying light condition.”

    According to the PR head, the S5 was launched last November, adding that to the joy of smartphone enthusiast, this device adopted a quad camera setup with 16MP main camera + 2MP super Macro + 5MP wide angle camera + 2MP depth sensor. Among other features of the device was the 32MP selfie camera placed in the infinity-O displayof the 6.6inch screen.

  • SIM card registration blues

    Registering subscriber identity module (SIM) cards became operative for very obvious reasons in the country. While the Nigerian Communications Commission (NCC) got budgetary allocation of about N6billion for SIM registration, the carriers also spent billions  and paid several billions of naira as penalty for SIM registration infractions. But these efforts appear inadequate as the country is fifth worst in SIM registration defects, according to a new report, writes LUCAS AJANAKU.

     

    Nigeria has been ranked as the fifth worst among over 150 countries by their subscriber identity module (SIM)-card registration laws, exploring data that is collected, what happens to the data and other restrictions such as number of SIM cards allowed.

    According to a report by Comparitech, an organisation, which compares tech services around the world, the country was placed alongside others where invasive biometric data is mandated for SIM card registration, particularly for the reason that the length of time this data is held by the collating body (NCC) is unknown or unclear.

    The report found Nigeria scoring 13 out of a possible 20 (20 being the worst score) thanks to, among other factors, the collection of biometric data.

    With fresh reports that National Identification Numbers (NIN) may soon become necessary for SIM registrations, it is important to start asking how well the telcos and the NCC have structured their agent networks to ensure sensitive data does not fall into wrong hands, according to CommunicationsWeek.

    With more than 5.1 billion global mobile phone users accounting for some 70 per cent of the world’s population, a number of governments have looked into implementing SIM-card registration laws to prove identity and collect user data, according to Comparitech.

    Mandatory SIM-card registration with real name and personal details is necessary in most countries, but governments lack transparency when it comes to data use.

    The laws for SIM registration in Nigeria and 14 other countries are considered the most invasive in the world, according to Comparitech.

    The study examined privacy in mobile phone usage in 150 countries and how national governments impose SIM-card registration laws to collect data on their citizens.

    The report identified the requirement of biometrics in the registration process as one of the factors that determine the level of intrusiveness of the laws.

    Nigeria is among countries that  have biometric registration laws.

    According to Comparitech, SIM-card registration in Nigeria requires both fingerprints and a facial image.

    Other countries with biometric requirement in the registration process are China, Tanzania, Saudi Arabia, Singapore, Tajikistan, Thailand, Uganda, United Arab Emirates, Afghanistan, Bahrain, Bangladesh, Benin, Oman, Pakistan, Peru, and Venezuela.

    Tanzania topped the ranking of countries with the worst SIM-card registration laws, scoring 19 points out of the maximum of 21 points.

    Next on the ranking is Saudi Arabia (17 points), followed by North Korea and Uganda (15 points each). Lebanon, Pakistan, Singapore, and Sri Lanka have a score of 14 points; while Nigeria, Bahrain, Bangladesh, China, Myanmar, Tajikistan, United Arab Emirates (UAE) scored 13 points.

    Other indicators used in the study to determine the level of intrusiveness of SIM-card registration laws include whether the data collected is stored by telecommunication providers or shared with government agencies; the requirement by law enforcement to gain access to the data; for how long the data is stored; and whether or not there are data privacy protection legislations.

    Apart from biometrics, photo ID is a requirement to sign up for phone service in some countries. Others are a permanent address, date of birth, nationality and gender.

    “In China, anyone registering a new phone number needs to submit a facial scan. This is also happening in Singapore,” said Paul Bischoff, a tech expert at Comparitech.

    According to the report, while most countries require mandatory SIM-card registration, this requirement does not exist in about 45 countries and jurisdictions.

    Countries without mandatory SIM-card registration laws include United Kingdom, United States, Bahamas, Bosnia and Herzegovina, Cabo Verde, Canada, Croatia, Denmark, Finland, Hong Kong, Ireland, Israel, Mexico, Portugal, and Sweden.

    Read Also: FAAN, NCC partner to check copyright piracy

     

    Discussing how SIM-card registration threatens people’s privacy, Bischoff said: “Creating a database of citizens and their mobile numbers restricts private communications, increases the potential of them being tracked and monitored, enables governments to build in-depth profiles of their citizens, and risks private data falling into the wrong hands.”

    Comparitech said mandatory SIM-card registrations also pose the risk of identity theft and abuse of data. Criminals can use someone else’s photo and personal information to sign up for a new SIM, potentially causing a lot of trouble for the impersonated individual.

    The tech researchers also said without laws to protect registration data, people’s personal details can be shared with other third parties, such as advertisers and tax collection agencies.

    Since 2011 when the NCC   launched nationwide compulsory SIM card registration, the process has been mired in one controversy or the other.

    In 2014, NCC rejected the data of about 37.79 million subscribers citing inconsistencies in the collected data. Last year, NCC was quoted as saying 63.2 per cent of the total registered SIM card registrations in its database was invalid, a figure the regulator later denied.

    It had said 95.7million subscriber data was ‘invalid’. This drew the ire of the telcos, insisting ‘operators duly followed the procedures, standards and protocols handed to operators at the commencement of the exercise some eight years back’.

    Citing national security over improperly registered SIM cards the Minister of Communications and Digital Economy, Dr. Ibrahim Pantami had “directed” NCC to deactivate 9.2 million SIM cards.

  • CyberCLOUD Platform attains VMware verified status

    LUCAS AJANAKU

     

    CYBERCLOUD Platform, the first indigenous VMware cloud service provider in sub-Saharan Africa, has added the blue VMware Cloud Verified  to its partnership.

    VMware Cloud Provider Programme Manager, sub-Saharan Africa, Dave Funnell, said it means when anyone sees the VMware Cloud Verified logo, one can easily access the full set of capabilities of VMware’s Cloud Infrastructure.

    “Get the ultimate in cloud choice through flexible and interoperable infrastructure, from the data center to the cloud. Support all your apps – from existing to cloud-native to SaaS – across private, public and hybrid clouds using services displaying the VMware Cloud Verified logo,” he said.

    Head, Cybercloud Business, Miss Laurel Onumonu, who spoke on the sidelines of the Cybercloud’s Exhibition at Zenith Tech Fair, in Lagos, said featuring the VMware Cloud Verified logo in any marketing campaigns and content signals to customers and prospects that foundational cloud technologies and services are based on VMware Cloud Infrastructure. VMware is the global leader in cloud infrastructure and digital workspace technology.

    She said: “We have domesticated VMware services locally and organisations can be rest assured of their data security, integrity and availability.

    We are aware of the Data Sovereignty Policy of the Federal Government hence we built a VMware Verified Cloud Platform situated in a Tier 3 Certified Data Centre.

    We are proud to say that CyberCLOUD offers true first Software Defined Data Center (SDDC) services in Nigeria.

    Read Also: VMware’s Virtualize Africa Cements Continent’s Future in Cloud and Virtualisation

     

    The National Information Technology Development Agency (NITDA) had expressed its readiness to comply with full implementation of this provision in the Nigerian setting. This means that sensitive financial and commercial data will no longer be hosted abroad.

    This is the void CyberCloud has stepped-in to fill, as a company of forward-thinking individuals, we have taken the initiative to set up Nigeria’s first true Cloud Service with the features that meet the Nigerian Data Sovereignty stipulation.

    She said: “Adding the VMware Cloud Verified logo to offerings confirms to customers and prospects that foundational cloud technologies and services are based on VMware cloud infrastructure, including VMware vSphere, VMware vSAN, and VMware NSX.”

    Onumonu noted that the VMware Cloud Verified logo represents compatibility (an assurance to customers that CyberCloud services are compatible with clients’ VMware virtualised environments; awareness (the logo is a recognition of our commitment to cloud freedom and choice via the VMware Cloud Infrastructure); opportunity (helps organizations drive revenue by delivering services at a reduced infrastructure cost).

    Launched in 2018, CyberCloud is Nigeria’s first true Cloud Service Provider; set up to provide cloud service with the added ease of configuration and management, custom partitioning, and full Information Technology (IT) infrastructure capability.

    It aims to be the go-to place when the need arises to move from the heavy capital expense-based IT infrastructure model to the cost-friendly subscription-based model.

     

  • StanChart eyes market disruption with digital bank

    LUCAS AJANAKU

     

    Foremost lender, Standard Chartered, is planning to disrupt the banking industry with its digital bank.

    It said it has spent over $3 billion on technology.

    Its Chief Executive Officer, Lamin  Manjiang, who spoke at the unveiling of the bank’s first digital bank in the country, tagged: Capturing the Digital the Initiative (CDI), said though the lender doesn’t announce the breakdown of individual investments, over $3bilion has so far been spent between the last three and five years.”It is really about making easy, convenient and secure for our clients and we think we are spending what we need to spend to achieve this,” he said.

    He said Nigeria is strategic to the bank’s  business and will remain so.

    According to him, the country is the bank’s biggest territory in terms of revenue and profit.

    He also unveiled Burna Boy as the lender’s brand ambassador, saying he shared so much with the bank.

    He said the digital platform will enable the bank to play in the retail area and will give it competitive advantage in the country.

    “Africa is strategically important region where we have been investing steadily over the years. Nigeria is ranked the 26th largest economy in the world and the largest in Africa. Nigeria accounts for nearly 20 per cent of the continent’s gross domestic product  (GDP) of about 75 per cent of the West Africa economy. We believe the CDI proposition is a great opportunity for a large market and one of Africa’slargest economy,” Manjiang said.

    Read Also: ‘Fintech can boost SMEs’ access to finance’

     

    According to him, the country’s banking market is developed with FinTechs, banks as well as telcos playing active roles in the digital banking ecosystem.

    He said: “USSD has pushed the envelope of mobile payments in the past 24 months and there would be more disruption in the financial space in the future.

    A digital approach made sense for Nigeria given the market demand for technology and innovation in banking; growing youths demographic requiring informed guidance around creating and sustaining walth; and the opportunity to drive financial inclusion for the unbanked.”

    He said Standard Chartered is on branch optimisation and efficiency drive where digital marketing, Web and mobile, artificial intelligence  (AI), virtual and voice contact centre become the interface between the bank and the customer.

     

    This strategy, he said is about empowering the customer to bank on their terms any time any where.

     

  • IoT revenue to hit $20b

    LUCAS AJANAKU

     

    Market analysts predict that interest in IOT will increase in the Middle East and Africa (MEA) region, with revenue expected to more than double by 2023, reaching an expected value of over $20-billion.

    This is according to the Telco IOT Offerings and Market Opportunity Assessment in AME report released by global market analysis firm GlobalData.

    The report suggests the MEA region will be the second fastest growing region for IOT revenue, second behind the Asia-Pacific.

    While it is acknowledged that the technology is in its early stages of uptake across a number of vertical markets, utilities, government and manufacturing have been identified as the main drivers behind the revenue growth.

    Read Also: ‘Nigeria has potential to become internet giant’

     

    A statement by GlobalData quotes Houda Bostanji, EMEA Telecoms Director at GlobalData, said: “IOT expenditure in the region reflects the Gulf Cooperation Council’s (GCC’s) primary investment areas.

    With some of the most high-profile smart city programs, government and transportation, spend is high.

    There is a commonality across leading vertical industries, such as government, utilities and manufacturing in many regions.

    These verticals account for significant spend, which is expected to continue throughout the forecast period.’’

     

  • ‘How cryptrocurrency aids terrorism financing’

    Combatting terrorist financing and cybercrimes in Nigeria and other parts of the world is getting tougher. A new report shows that this is largely due to the ability of terrorists and cybercrooks to get cash flow through cryptocurrency,  LUCAS AJANAKU reports.

     

    Combatting terrorist financing has attracted global attention because of the colossal loss to lives and the economy.

    However, in 2015, the scope and nature of terrorist threats globally intensified considerably, with terrorist attacks in many cities across the world, and the terrorist threat posed by the Islamic State of Iraq and the Levant (ISIL/Da’esh), and by Al-Qaeda and their affiliated terrorist organisations.

    Since then, terrorism threats have continued to evolve, from large terrorist organisations, to returning terrorist fighters and right-wing extremists. Despite its loss of territory, ISIL continues to have access to resources enabling it to carry out or inspire terrorist attacks around the world.

    Al-Qaeda and affiliate terrorist organisations continue to pose threats. Funds flow cross-border to providing resources for nationally designated organisations, and many jurisdictions continue to suffer from persistent attacks from small cells and radicalised lone actors, drawing inspiration from a range of dangerous ideologies.

    But terrorism financing schemes using cryptocurrencies are growing in sophistication, according to researcher Chainalysis Inc., which helps law enforcement track digital-coin transactions.

    In one instance, terrorists collected crypto donations worth tens of thousands of dollars in just one campaign last year, a much quicker way to raise funds than prior efforts, the New York-based firm said in a report released over the weekend. It also made it much harder for researchers to track movement of funds than prior, more simple campaigns, Chainalysis said.

    Last year, the Izz ad-Din al-Qassam Brigades (AQB), the military wing of Hamas and a designated terrorist organisation, collected money through a website that generated a new Bitcoin address for every donor to send funds to, the first verified example of such technology deployed by a terrorist organisation, Chainalysis said. A previous effort that started in 2016 used a single Bitcoin address for donations.

    The AQB campaign also published a video on its website, teaching people how to donate anonymously; in the past, terrorism contributors have had to figure that out on their own.

    For example, AQB advised people to donate while using public Wi-Fi, so their computer’s IP address couldn’t be traced by law enforcement. The end result was, this campaign raised as much money in nine months, and attracted more donors, than a 2016 campaign by another organisation that ran for two years.

    In a telephone interview, Kim Grauer, senior economist at Chainalysis, said: “There’s just more sophistication. This is obviously a growing homeland security problem that agencies need to be monitoring.”

    Crypto exchanges — sometimes based in the U.S. — have been involved in terrorism financing plots, Chainalysis found. Even though they check their users, they accounted for the largest chunk of the funds that AQB received last year, Chainalysis said.

    Read Also: Stakeholders seek social media use against cybercrimes

     

    “Once we identify these campaigns, our exchange customers are starting to block payments or filing suspicious activity reports based on information we are providing,” Jonathan Levin, co-founder of Chainalysis, said in a phone interview. He added: “I think there’s an increase in collaboration between the exchanges and the law enforcement community when it comes to this.”

    Bitcoin was created by, and long supported by people who wished to develop an alternative to the traditional banking system. Its early advocates were mostly Libertarians, wishing to have as little government oversight of their affairs as possible.

    Use by terrorists has been a key concern for regulators and politicians alike as they seek to tighten their oversight of cryptocurrencies, the vast majority of which are not issued by or controlled by a government.

    Last summer, the Financial Action Task Force, whose guidance is followed by about 200 countries, including the U.S., began requiring exchanges to collect more data about customers and their transactions to better filter out money laundering and terrorism financing.

    Facebook Inc.’s Libra effort has stalled partly due to concerns that the coin could be used by terrorists and criminals.

    Bitcoin and other coins have already been implicated in many Ponzi schemes and other criminal activities. Mainstream exchanges have been growing their share of money laundering, and Chainalysis traced $2.8 billion in Bitcoin that moved from criminal entities to exchanges, the company said in a January 15 report. Just over 50 per cent went to Malta-based Binance — the world’s largest Bitcoin spot exchange — and Huobi in Singapore, the report said.

    “As global capital flows into crypto, we are aware of the growing trend and movements of illicit funds, and we are working with like-minded partners, such as Chainalysis, to improve on existing systems and address these concerns,” Binance Chief Compliance Officer Samuel Lim said in a statement.

    Huobi emphasised that it’s working to crack down on illegal activities.

    “As an exchange that works closely with regulators and government agencies in every country we operate in, we practise a zero-tolerance policy when it comes to illicit activities,” Ciara Sun, vice president of global markets at Huobi Group said in a statement.

  • Reimagining Financial Stability: A Dynamic Stress Testing Model for the 21st Century

    Reimagining Financial Stability: A Dynamic Stress Testing Model for the 21st Century

    In July 2015, Nigeria’s banking sector was at a crossroads. Rising non-performing loans, pressure on capital adequacy, and the fallout from volatile oil prices were testing banks like never before. The Central Bank of Nigeria (CBN) was cracking down with bold reforms, enforcing the Bank Verification Number system and revoking licences of weak microfinance institutions. Into this high-stakes environment stepped Titus Obiezue, bringing sharp expertise in financial risk management at a moment when the sector needed steady hands.

    Obiezue is a seasoned Economist with a proven track record in central banking, financial quantitative analysis, and market risk stress testing. Throughout his career, Mr. Titus Obiezue has been at the forefront of transformative economic initiatives, including the development of Africa’s first Dynamic Stress Testing Model. As a Senior Economist of the Central Bank of Nigeria (CBN), Mr. Obiezue has consistently delivered impactful policy solutions and advanced financial innovations. His leadership experience extends to shaping macroeconomic research, guiding monetary policy, and driving innovative risk management tools for financial stability. Notable achievements include leading the development of the Dynamic Stress Testing Model.

    In today’s volatile global economy, financial stability can no longer rely on static models and backward-looking assumptions. The shocks of the COVID-19 pandemic, persistent inflationary pressures, climate-related risks, and geopolitical tensions have underscored the need for regulators and financial institutions to adopt more adaptive and forward-looking risk management tools. At the heart of this challenge lies stress testing—a process designed to evaluate the resilience of financial institutions under extreme but plausible scenarios. The Central Bank of Nigeria’s stress testing frameworks have been limited by their reliance on simplified macroeconomic assumptions and narrowly defined risk factors. These static approaches often fail to capture the complex interplay between real-sector dynamics and financial system vulnerabilities, leaving regulators and banks exposed to blind spots.

    To address these shortcomings, Mr. Obiezue led a team of Economists that developed the Dynamic Stress Testing Model (DSTM), a macro-financial innovation that integrates real-economy indicators with systemic risk analysis. Unlike conventional stress testing frameworks, the DSTM is:

    • Dynamic: It captures feedback loops between the financial sector and the broader economy, reflecting how shocks in one domain propagate across others.
    • Macro-Financial: It incorporates growth, employment, inflation, trade, and exchange rate factors into risk assessments, offering a holistic picture of economic resilience.
    • Forward-Looking: It uses advanced econometric and simulation techniques to project not just immediate impacts, but also medium- and long-term vulnerabilities.

    This innovation was first implemented at the Central Bank of Nigeria (CBN), where it transformed the way policymakers assess systemic resilience. By applying the model, the CBN was able to design targeted interventions to mitigate financial instability, strengthen banks’ capital buffers, and improve policy decisions affecting over 200 million Nigerians.

    But the significance of the DSTM extends beyond national boundaries. In an era of global financial interconnectedness, shocks in emerging markets can quickly spill over into advanced economies, and vice versa. The model provides a template for central banks, regulators, and financial institutions worldwide to enhance their preparedness for crises.

    In the United States, for instance, where financial stability is safeguarded by agencies such as the Federal Reserve, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC), adopting a dynamic and integrated approach to stress testing would provide critical advantages. It could strengthen the Dodd-Frank Act Stress Tests (DFAST), ensure banks are more resilient against climate-related risks, and help households and businesses withstand systemic shocks.

    The future of financial stability depends on rethinking stress testing not as a compliance exercise, but as a dynamic policy tool. The Dynamic Stress Testing Model offers a roadmap for bridging the gap between theory and practice, between risk assessment and real-world resilience. By building more adaptive and responsive frameworks, regulators and institutions can safeguard the financial system against today’s uncertainties—and tomorrow’s crises.

    Mr. Obiezue obtained a Bachelor’s degree in Economics from the University of Ibadan, Nigeria and a Master of Development Policy from Korea Development Institute of Public Policy and Management.

  • How to bridge skill gaps, increase GDP

    Technology has taken centre stage in the affairs men. From medicine, agriculture, education, and even modern warfare where drones are used to exterminate ‘enemies’ and many more, technology has become engine room of development. The Special Adviser to Lagos State Governor on Innovation and Technology, Tunbosun Alake, says Governor Babajide Sanwo-Olu is deploying multi-dimensional approach to fix the state,  LUCAS AJANAKU reports.

     

    Challenges

    We have looked through different areas of concern in Lagos State and as you know Sanwo-Olu’s administration has a broad agenda and technology is the pillar that all other pillars sit on.

    To advance in any of the areas whether it is health, education, transportation or agriculture, we need to implement the use of technology to get better results, be more efficient and more optimised.  There are a number of things we are doing to realise that.

    One of the first things we did was  the ‘Art of Technology’ that was hosted by Lagos State, in conjuction with Eko Innovation Centre. That event was to bridge the gap. What that means in essence is that we are bridging the gap between government and the innovation ecosystem.

    As we know, we have young people who are tech-oriented in Lagos. Looking at a place like Yaba, you know there are a lot of companies there, young people, startups.  So, it’s a new and broadened industry. The event was to bring people in that ecosystem and government to co-create solutions together.

    It’s not just enough for the government to be innovative.  The government must be seen to support innovation. The idea was to talk to the private ecosystem and ask them  the things that would help youths to become much more innovative in the state.

    So, the event was the gathering of enthusiasts, developers, venture capitalists, government agencies from different areas, for us to sit in a room and co-create what the next agenda should be.

    What should the government be doing to empower the ecosystem because we see that 80 per cent of the GDP is the private sector and we see that if we empower the private sector, they can create more and better jobs.

    So, we want to encourage this innovation and tech industry; we want it to be our next big industry, our next oil. We had to ask them their problems, the things we see in the industry,  the barriers that we can remove and because of that event, we came up with four main pillars that are contained in our innovation masterplan for the state.

     

    Pillars in masterplan

    The four pillars are: Access, Infrastructure, Funding and Talents. These are the broad areas that we are going to empower.

    In the area of access: Access to market, access to infrastructure, access to data. These are fundamental things that the ecosystem needs to remain innovative. We are looking at them one by one. Some of these programmes have already started.  One of them is called the Open Government Initiative.

    If you go across the world in the most developed climes,  government data is queried. You go to a platform,  you can query the government data on what exactly it is doing. Somebody asked us at one of our conferences: “Why is it that African governments hide data? It doesn’t help you develop. It doesn’t help you make better solutions.

    So, what we are doing is an open government initiative that would provide a platform where people can query government data, where developers can get critical data to build better products to serve the citizens. For instance, if you do not know the kind of traffic patterns we have in Lagos, how can you build a traffic solution.

    That’s one of the key areas we want to address. We want to address the availability of data. The more data we have, the more intelligent our products will be.

    Another is infrastructure. As the governor and the commissioner for science and technology have said, there’s a metro fibre project coming on stream from this year. And it’s going to have 3000km of fibre optic cable around the city.

    We are opening up the city, not only that, not only are we providing fibre optic cables, we are providing duct infrastructure.  What this does is that it reduces the cost of deployment for other fibre operators; so it’s not that the government is coming to take over the fibre market, we are reducing the cost for other operators so they can put in much more than the government.

    We need to empower the private sector, the players that are already in the private sector  to get to the market faster and that is part of the 3000km of fibre optic cables that we are building around the city. Phase two will be another 3000km, which would be in total 6000km of fibrotic cable and dots within the city.

    What this also does is that it opens new areas and not just provide infrastructure. Imagine providing fibre optic in Ikorodu, we can start another tech city there.  It’s by no accident that Yaba is what it is today. Yaba was a project initiated by the government, which MainOne laid the cable and now you have people flocking there.

    Government’s delibrate planning and implementation is very critical to the success of the economy. Government and the private sector need to work hand in hand to unleash the potentialities of this economy.  You know the government can not just be executing projects. We are empowering the private sector.

    Another thing we are looking at is to improve the talent pool. One area we are looking at is the developers space. We noticed that there are a lot of junior developers, the senior developers have been poached by more advanced countries, such as Canada, US and the UK.

    How can we have an assembling line of top notched developers in software development? You are only as good as the projects you work on. We need to give them complex projects to develop. So, we are looking at doing the open platform initiative, where the government can give complex projects to developers, the government gets back the products that these developers build and those developers also improve their skill level.

    In doing so, we are fulfilling two things: increasing the talent pool by giving the people things to work on so that their skills can be harnessed; we are also getting the products that they build and we empowering them through entreprenueship programmes like, Lagos Innovates that is run by the Lagos State Trust Fund.

    We can help some of the people that come up with the product to get their ideas and product to market. So, there will be acceleration programmes, funding events, all kinds of catalysts, to help them become industries. People always take gambles on new things.

    That’s why people like Thomas Edison and Nicholas Tesler in the US at the turn of the century, they were big financiers that put money into their new electric dynamos. It’s because of those gambles that we have electricity today.

    So, we must take calculated gambles on our young people who want to build amazing things for this nation.  We need to empower them with the right tools that are necessary.

    So, the open government platform is one of the areas where we can give this young people tools to build these products and help them to see the products to maturity and when this is successful they can hire people, jobs are created. So, you can see the cyclical effect of some of the things.

    Read Also: Push for Lagos smart city gathers momentum

     

     Project sustainability

     

    In terms of the sustainability of projects and plans we have in Lagos, that is something we are keenly addressing. What happens is that during the scoping session of a lot of these projects, either they are not scoped properly or the plans for continuity are not put in place, which is why we are coming up with a master plan and some of these plans and projects are going to be monitored by the private sector so that it doesn’t fall off a cliff.

    A  lot of the projects we are going to be doing, for example, the Smart city project is being implemented by a private sector player. There’s a monitoring committee that is composed of other private sector players, so that these projects have the continuity and we are also doing quite a lot of reforms inhouse to staff the right people to these projects so that the momentum is not lost.

    It’s all about the scoping. It’s about the personnel, the processes. As long as we follow up, there would be no abandoned projects. These are the things we’ve seen even from the last administration that we are re scoping and continuing because some of them are good from inception but maybe not properly scoped, so we are rescoping and providing the elements that wouldn’t let it fall off a cliff. Those are key elements of avoiding abandoned initiative.

     

    Smart city

    On the smart city masterplan, we are at the planning stage. The plans have been on for months and it’s a project that has been on for more than a year and you know if you plan properly, your execution will be seamless. We just went through the number of quality control value point that we have during the project execution.

    So exactly when things are not going right as planned, we already have plans and contingencies to move, either to get equipment much faster or second another contractor to make sure that the value point is executed.

     

    Drones

     

    The drones are tools that would be used in the Geographic Information System (GIS) project. The drones are to map the entire landscape in Lagos. Why is the mapping necessary? It’s because the land administration is a very critical thing to the state.

    This mapping makes land administration much more easier and efficient. For instance, if you approach the ministry of physical planning for the purchase of land, already the officers know the exact location your property is going to be and even the soil type that will be on your property.

    The drones are part of a much larger project. Those drones, once the maps are captured they are digitised and connected to different systems, such as health or emergency issues. Once the police have access to the map, they would be able to curtail criminal issues or disasters.

    The access to these mapped data of Lagos helps their operations much better. Drones are part of the larger GIS project that is going to make land administration, emergency services,  police services and health services better across the state.

    Some people use drones for other forms of business. Some use it for delivering goods, some use it to deliver blood to bloodbanks.

    NCC came up last week with the idea to license the usage of drones in the country. What is your take on it as a Lagos state government?

    I haven’t seen the mundality of the criteria for the licensing but I know there are some things you have to fulfil and there are different categories of drone uses. Until I study it before I can give you a more informed opinion. But from a personal standpoint, there are different uses for it.

    In Rwanda for instance, it is used to deliver critical medical supplies. I think there needs to a licensing regime, so we don’t have  discriminate use of drones.  I also think the licensing should be industry- friendly, so that legitimate users are licenced and business can run properly and more efficiently, critical health care gets to the people that need it at the right time and e-commerce services of the likes of amazon that are testing drone delivery, that enhances their business processes and customer satisfaction.

    It is important that the regulations from the NCC are industry-friendly. So, I totally support some kind of regulations of the drone use in the country.

     

    InfraCos

     

    The infracos initiative was basically implemented by the Federal Government and NCC. Based on my limited knowledge on it, it was regional infrastructure company that was suppose to lay communication critical infrastructure in different regions of the country.

    Why it wasn’t implementated could be because of planning or financing issues. It is important we create an enabling environment for our operators and we also provide the critical infrastructure needed.

    Once we implement the fibre optic cables around Lagos, we are going to be connecting primary health care centres  and schools for free because we are going to be increasing learning and innovation in schools. Primary health care centres need critical communication facilities to be able to run their services properly.

     

     Multiple taxation

     

    Let me correct a notion. I came from the private sector as well and now being in the public sector I understand both sides. The telecoms companies are not just cash cows, they are critical sources of infrastructure deployment across the state.

    At the same time, we need smart regulations so that companies will not take advantage of the citizens, so we need to balance the two.

    There’s an infrastructure regulatory agency (LASIMRA), which recently had a new general manager and a new deputy and their plan is to smartly regulate the infrastructure ecosystem so it does not cause inconvenience to the telecom operators but still leave the dividends both for the citizens and government as well because we need order and most telecoms company  are profit oriented and they focus on their own bottom line.

    You need a liberal regulator to balance things out that has a holistic view of the entire state and the citizen. That is why I believe this new regime LASIMRA has, I believe there would be a smart regulations, so that the telecoms companies expand to the needed areas.

    and also with the citenzry in mind and deploying smartly and according to the rules and regulations.

    Infrastructure is key but when the road was being constructed, alot of fibrotic cables were destroyed. Now the government is planning to lay private companies are also involved.  So what plans are in place to sensitise people so as to not disrupt services?

    I am quite hopeful of the new leadership of LASIMRA.  Lagos state wants to really stop indiscriminate deals of the road and infrastructure.  That’s why the first set of 3000km fibrotic cables would be a big strategy and that’s why we are laying dots that are like tunnels cover the cables.

    We are laying those docks so that other telecoms operators can just put the fibre in  the  already laid tunnels. So it’s a big one strategy that  would bring about minimal disturbance to the already laid infrastructure.

    When is the project covering 3000km fibre cables starting off in Lagos state?

    It’s definitely starting in 2020. We are at the planning stage that will engage a number of implementation partners that will be executing the project.  There will be a plan that would be