Investment is Valued and Rewarded in Nigeria says NITDA DG Kashifu Inuwa ACN Newswire

Investment is Valued and Rewarded in Nigeria says NITDA DG Kashifu Inuwa

ABUJA, NG, Feb 4, 2023 - (ACN Newswire via SEAPRWire.com) - The Director General, NITDA (National Information Technology Development Agency), Kashifu Inuwa has called on international investors to invest in the Nigerian tech ecosystem because doing so is valued and comes with many rewards. Speaking on the "Evolution of the Nigerian Tech Ecosystem" to the Ludwig von Bayern Startup Lions, Inuwa said there are four comparative advantages you won't find anywhere but in Nigeria.Firstly, Inuwa suggested that Nigeria's large population and its emerging economic status positioned as a suitable investment destination in Africa. "Nigeria alone has 15% of the population and the GDP, so investing in Nigeria is like investing in Africa. Moreover, it is emerging because if you look at the tech-ecosystem, Nigeria attracts 30% of African FDI. Last year alone, the country attracted more than USD 2 billion."Secondly, Inuwa suggested that the level of support the government now gives to the tech ecosystem is unparalleled in the history of the country. He said the government has been supporting innovation and startup. There are many interventions in terms of policies, laws and infrastructure to help businesses to grow."In 2019, the President expanded the mandates of our ministry to cover digital economy. Before, it was just ministry of Communications but realizing that communication is not an end, but a means to an end, while the end is how we can use technology for economic prosperity." He recalled the Nigerian Startup Act, the Executive Order on the Ease of Doing Business, which includes incentives like visa on arrival and business incorporation under 24 hours, each aimed at transforming the economy. "Thirdly, we have youthful and talented population which you won't find elsewhere in the world. While the developed countries are suffering from aging population, we have one of the youngest populations in the world," he observed."Finally, any investment has high potential for social and economic impacts, and helps the country solve its many challenges. We have challenges that require innovative solutions; we have challenges around healthcare, financial inclusion, education, transportation, and logistics. And you all know: IT or technology can provide faster solutions for us to solve all these problems."So, come to Nigeria and invest. You will easily feel our comparative advantages," concluded Inuwa.While urging investors to look the way of Nigeria, Inuwa invited them to grace the Africa Tech Conference that comes up in July 2023. NITDA, National Information Technology Development Agency, NIGERIA.More information: https://nitda.gov.ng, Mail to: info@nitda.gov.ng. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Dr. Marliyyah Mahmood discusses the Impact of Tech on Women in Northern Nigeria ACN Newswire

Dr. Marliyyah Mahmood discusses the Impact of Tech on Women in Northern Nigeria

ABUJA, NG, Jan 2, 2023 - (ACN Newswire via SEAPRWire.com) - Dr. Marliyyah A. Mahmood, Women In Tech and Project Manager for Startup AREWA, discusses how technology is enabling and enhancing women's empowerment in Northern Nigeria. She emphasizes some of the fundamental advantages of social media technologies, such as giving women access to a virtual environment where they may express themselves.Dr. Marliyyah A. Mahmood, Women In Tech, Project Manager for Startup AREWA, spoke on how technology is enabling and enhancing women's empowerment in Northern Nigeria. [Image: Startup AREWA]"It is impossible to overstate the importance of women in the growth of any nation, state, or community. This is to reiterate the critical role that women's education plays in long-term national development, which begins at home. Women are frequently observed to be the children's first teachers at home. A mother's influence on upbringing in any developing country, and the empowerment of women, has a significant impact on key developmental outcomes like health, education, reproductive patterns, income level, and other factors," said Dr Mahmood. While a report from PWC in April 2020 states that 41% of micro-businesses in Nigeria are owned by women, a report in EFInA stated that 55% of the financially excluded adults in Nigeria are women, and of the 25.1 million financially excluded in the north, 13.1 million are women. Business transactions are largely cash within informal channels, as business funds are kept at home because financial institutions are concentrated in the state capital, while poor record-keeping from transacting through informal channels in turn hampers eligibility for credit.The previous census, which was performed in 2006, indicated that women made up around 49.7% of the population of Nigeria. Despite this, Nigerian women (particularly those in the northern region) have not been able to change the long-standing status that society accords to women. There are a number of reasons why women in Northern Nigerian society are treated unequally, the majority of which can be linked to the patriarchal system in place and the general lack of gender awareness among the rural population, including women who have been socialized to accept their subordinate position.However, with better access to information online, women have developed a greater sense of awareness. Online educational content, blogs videos and social media tools have given women access to a virtual world that provides them with opportunities for self-expression. Digital platforms are aiming to be more inclusive than ever before in light of the changing political conscience. It is now essential, not simply an option, to guarantee women's safety, inclusivity, and a voice at all intersections.Through online workspaces, more women have recently been able to achieve financial independence. There are now more jobs available for women thanks to specific job postings on numerous online portals. Housewives or moms who have taken extended absences from the workforce now have access to special possibilities to re-enter the workforce. Many websites provide part-time and full-time occupations that people can undertake from home.In Northern Nigeria, Startup AREWA and Financial Service Innovation (FSI) organized a virtual hackathon on financial inclusion amongst female entrepreneurs within the northern region by proffering simple and easy-to-use fintech solutions to increase more of their participation in setting up businesses. The innovative solutions developed from this hackathon were able to tackle the challenges faced by unbanked and underbanked female entrepreneurs in Northern Nigeria.Dr. Marliyyah reveals how women now have access to a wide range of created opportunities online as a result of technology advancements. "Technology has helped women affirm their freedom of expression and right to the workforce, which they frequently find difficult to accomplish. This is a really great achievement that shows how it can be utilized to empower those with disadvantaged identities."However, it must not be overlooked that having internet access is necessary in order to take use of these virtual prospects. How many women and members of underrepresented groups actually have access to such technology is still an open subject. To ensure that intersectional gaps are filled and that technology and the internet are more widely available, intervention is necessary in this context."About Startup AREWAStartup AREWA was established to organize, empower and promote the Northern Nigeria technology and Startup Ecosystem, with the overarching goal of using technology and startups as a strategy to combat unemployment and poverty across the Northern Nigeria.From the first Bootcamp at Bello Memorial Foundation Hall in Kaduna to a series of over 20 Bootcamps across Northern Nigeria, engaging over 5000 Startups with support from innovators and public-private leaders, Startup AREWA is implementing its strategic plan of promoting and providing real-time support to Startups.Official website: https://startuparewa.ngFacebook: https://facebook.com/startuparewaTwitter: https://twitter.com/startuparewaInstagram: https://www.instagram.com/startuparewa/Email: hello@startuparewa.ngFor more information, please visit https://startuparewa.ng, write to contact@startuparewa.ng, or call us on +234 90 9685 9999. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Digital Nigeria 2022: NITDA Director General tasks Tech Innovators with Problem Solving ACN Newswire

Digital Nigeria 2022: NITDA Director General tasks Tech Innovators with Problem Solving

ABUJA, NG, Oct 31, 2022 - (ACN Newswire via SEAPRWire.com) - The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE has challenged Nigerian tech innovators and entrepreneurs to identify problems bedeviling the nation with the view to proffering solutions because the government has provided a level playing field for them to achieve just that.NITDA Director General and conference host Kashifu Inuwa, CCIE, challenged Nigerian tech innovators and entrepreneurs to identify the problems bedeviling the nation, ...with a view to proffering solutions. [Image: NITDA]Day Three of the Digital Nigeria 2022 International Conference, tagged "Start-Up and Innovation Ecosystem Day", four enlightening Panel Discussions before "The Future is Tech". [Image: NITDA]Minister of Comms & Digital Economy, Professor Isa Pantami, inaugurated the Digital Economy Industry Working Group (DEIWG) to accelerate the digital economy agenda in the country. [Image: NITDA]Tech-drivers, the Digital Nigeria Family at the conclusion of the three-day Digital Nigeria 2022 International Conference & Exhibitions in a group photograph for the ages. [Image: NITDA]Inuwa stated his challenge during Day 3 of the Digital Nigeria 2022 International Conference, held in Abuja. Inuwa noted that for Nigeria to succeed, the tech ecosystem needs every stakeholder on board to play their roles as required of them. "To build a very strong tech ecosystem, we need the government, the higher institutions, we need the entrepreneurs, the risk capitalists and corporate organisations, everybody has its own role to play."He stated that the government is playing its role by creating a level playing ground by formulating policies, legal framework, regulations and intervening in providing infrastructure to the underserved and unserved communities, reiterating that the government is doing more than enough in these regards."The government needs you, needs your commitment the same way the government is committed. For the higher institutions, we need you to produce high quality education to the people because innovation, digital economy or knowledge-based economy are all human capital economy.""Your greatest resources are not the mineral resources but it is what you have in your brain; we need higher institutions to produce the right skill, talents and people with entrepreneurial skills," Inuwa noted. He claimed that the government is doing more than enough in terms of building human capital and "this is beyond conventional educational systems."The government has several initiatives to achieve the 90% digital literacy, which would go a long way in building the tech ecosystem. He said, "We need the numbers. We need people to have skills to use in the digital based technological environment, and that is why we are training people on high earned skills to build the digital service, because digital service is a product-based economy."He listed part of government initiatives to include the partnership between the Nigerian government and Microsoft to train 5 million Nigerians, the partnership with COUSERA to train 24,000, and several others which aimed at positioning Nigeria to be the global talent factory."One of the digital prints we need in the ecosystem is the legal framework. Just last week the President signed the Nigeria Start up bill into law so all these are to level the playing field for you.""For the entrepreneurs, now you have the playing field; it is left for you to take your ideas from invention to impact and in Nigeria and even Africa in general, we have a lot of problems awaiting solutions. And technology can serve as inspiration for you to solve these problems so all you need is to explore how you can solve the problems and impact lives," he said.While decrying the imbalance in the distribution of global wealth and prosperity, Inuwa maintained that with the thriving tech ecosystem, the imbalance would be corrected. He added that successful countries have three things in common, namely innovation, entrepreneurship and a good ecosystem, as nobody succeeds in isolation."Even in Nigeria," said he, 'if you look at the ecosystem, Lagos alone is contributing almost one quarter of the Nigerian Gross Domestic Product (GDP), and when you talk about the tech ecosystem, Lagos attracts more than 50%; so why?"He however sued for replication of the feat in all other parts of the country. "We can build this kind of ecosystem across the country because every part of the country has its strength and weakness. If we can leverage on the strength, we can build the same ecosystem to engender prosperity, because innovation is the only thing that can lead any nation to prosperity."Day 3 of the Digital Nigeria 2022 International Conference, which was tagged "Start-Up and Innovation Ecosystem Day", witnessed various enthralling discussions with the lead speech on "Innovative Ecosystem and Investors' Perspectives" presented by Satesh Elwani, Managing Director, Melsons Group.The panel sessions focused on: "Building a Thriving and Sustainable Start-up and Innovation Ecosystem for Nigeria's Digital Economy;" "A Tent Approach to Addressing the Talent Gap Issues;" "Exploring the Funding Opportunities for Nigerian Start-ups" and "Unlocking Nigeria's Innovation Potential for Economic Growth and Prosperity."About Digital Nigeria The Digital Nigeria International Conference & Exhibition is the flagship annual awareness program of the Digital Economy. Formerly eNigeria Conference & Exhibitions, the event was re-branded to expand in line with the National Digital Economy Policy & Strategy (NDEPS). It aims to brainstorm on contemporary issues of relevance from across the globe in order to address the Nigerian challenges for sustainable socioeconomic development. It is a platform for creating Information and Communications Technology (ICT) awareness, for associated framework development, and for charting best practices. Learn more at www.digitalnigeria.gov.ng. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Digital Nigeria 2022, Day 2: Blockchain Adoption Can Increase Nigeria’s GNP, If… ACN Newswire

Digital Nigeria 2022, Day 2: Blockchain Adoption Can Increase Nigeria’s GNP, If…

ABUJA, NG, Oct 28, 2022 - (ACN Newswire via SEAPRWire.com) - Developing nations like Nigeria stand a chance to benefit from the US$ 1.76 trillion market, if they can position themselves to adopt and leverage Blockchain technologies, Kashifu Inuwa, Director General of the National Information Technology Development Agency (NITDA), said during Day 2 of the Digital Nigeria 2022 International Conferences, Exhibitions and Awards.Kashifu Inuwa, NITDA Director-General, "There are a lot of opportunities in Blockchain, and it is critical in every business. So, you need to task yourself to know which solutions or offerings the industry requires."Blockchain Summit @ Digital Nigeria 2022, Day 2, featured the summit that many had been waiting for, sponsored by NITDA, and Domineum Blockchain Solutions. [Image: NITDA]Mohammed Ibrahim Jega, Domineum co-founder, "Blockchain is a technology that houses Cryptocurrency and other compelling ideas, it is important to demystify it, and enable young people to get a proper grasp of this game-changing technology."The NITDA boss said "Developing countries like Nigeria, if we position ourselves, we can increase our GDP by at least 0.5 percent, which is almost US$ 25 billion. So today we are here to explore how we can position ourselves. The government has been doing it. It is in site. We have developed blockchain adoption strategies."He revealed the NITDA Blockchain adoption strategy has four initiatives. "Firstly, to establish a consortia that will build the ecosystem. And today we are here to build that ecosystem and community! Secondly, to strengthen the regulatory instruments and have legal framework. and last week, the president signed the Nigerian startup Bill into law, now the Nigeria Startup Act 2022, which is going to provide legal instruments for all emerging technologies, including blockchain."Inuwa noted "Thirdly, initiatives to incentivize the ecosystem which would encourage the building of use cases using blockchain, adding that the Start Up Act would to achieve that as well. And, fourthly is to build sandbox. We are going to work with you to develop sandbox for proof of concept and proof of value around blockchains. So, all that this government is doing, aims to make Nigeria attractive to blockchain investment."He listed the benefits of Blockchain to include "Tracking and tracing. We can use it to solve our supply chain challenges. We can use it to track records like land titles. We can use it to track certificate, vaccine, and so many things, anything you can think of that needs that trust. Technology can also address payment system challenges and financial inclusion, adding that it can also be used to strengthen our identity management."Not only personal identity, but even things' identities. We're talking about the Internet of Things. That means everything connected to internet needs to be identified. With Blockchain, you can achieve that when you use blockchain and IoT. You can even use it to manage government spending. In the budgeting process, you can use it to attach every single Naira to what it is budgeted for. You can trace it, and make sure there is traceability for every Naira spent by the government."Blockchain Summit @ Digital Nigeria 2022: And then some..The session witnessed panel discussions on Prioritizing Blockchain Technology, Implications for Digital Asset Innovation, Impacts of Blockchain on the Digital Economy: the Myth, the Truth and the Opportunities, and, One World Connected with Blockchain. The highlights of the summit were the inauguration of the Blockchain Campus Ambassadors and evolution of Blockchain Technology in Nigeria, in story-book form."Blockchain is here to stay, and we are rapidly moving away from traditional process to the Digital Transformation process," concluded Ibrahim Jega, Co-Founder of Domineum Blockchain Solutions, who together with NITDA hosted nearly 2000 guests at this year's Blockchain Summit @ Digital Nigeria 2022, Day 2.See more Blockchain Summit at https://www.digitalnigeria.gov.ngMore information and opportunity, please write to business@domineum.ioBlockchain Summit @ Digital Nigeria 2022 is powered by DOMINEUM Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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FG Stops Importation of Digital Technology Products, Services, as Nigeria Intends to be Global Talent Supplier:  Day#1, Digital Nigeria 2022 ACN Newswire

FG Stops Importation of Digital Technology Products, Services, as Nigeria Intends to be Global Talent Supplier: Day#1, Digital Nigeria 2022

ABUJA, NG, Oct 27, 2022 - (ACN Newswire via SEAPRWire.com) - As stakeholders in the Digital Economy sector from both within and outside Nigeria gathered in Abuja to brainstorm on the path to a sustainable digital economy in the country, the Federal Government (FG) declared that it would no longer accept importation of any digital technological product or service into the country "until and unless the country is convinced that capacity to develop such product and service is not readily available in the country."Prof Isa Ali Ibrahim (Pantami), Minister of Communications & Digital Economy, during his address to the Digital Nigeria 2022 International Conference.Kashifu Inuwa, Director General, National Information Technology Development Agency (NITDA), during the opening address at Digital Nigeria 2022.The Digital Nigeria 2022 International Conference, Exhibition and Awards, which runs from October 25 - 27, 2022 in Abuja, Nigeria. [Image: FITMA]Deemah Yahya Alyahya, Secretary General, Digital Cooperation Organisation (DCO), delivering her Keynote Address at the Digital Nigeria 2022.Ousman A. Bah, Minister of Communications & Digital Economy of The Gambia, delivering a Keynote Address at Digital Nigeria 2022 International Conference.Prof. Isa Ali Ibrahim (Pantami), the Minister of Communications & Digital Economy, made the declaration during a special address at the Digital Nigeria 2022 Conference, Exhibition and Awards in Abuja (Oct 25~27). Formerly known as the eNigeria Conference, the annual event was re-branded as Digital Nigeria to expand its scope in line with the core objectives of the National Digital Economy Policy and Strategy (NDEPS). Minister Pantami holds that wisdom behind the stoppage of importation of digital technological products and services gives effect to Executive Orders 003 of May 2017, and 005 of February 2018, which support "Local content procurement by ministries, departments and agencies of the Federal Government of Nigeria", and the "Planning and execution of projects, and promotion of Nigerian content in contracts and science, engineering and technology", respectively. He stated further that "even in the employment position that is publicized, as long as there are Nigerians that have the capacities to take up the challenges, it is not allowed for you to bring somebody from outside the country, except in an agreement transferring knowledge, and 40% of our products and services must be retained for Nigerians." The minister disclosed that his sector has been performing with increasing creditably in the last three years, making it the fastest growing sector and the highest contributor to Gross Domestic Product in the country. "The Digital Economy has in recent years recorded three unprecedented records. For example, contributing18.44% of GDP in the last quarter according to the National Bureau of Statistic." Listing record achievements for the sector, Prof. Pantami further expressed that his Ministry had scored high grades in each of the eight ministerial deliverables he signed with President Muhammadu Buhari in 2019. He noted that his Ministry scored a very strong 173.86% average across the eight. The scores in each deliverable were recorded as: implementation of broadband connectivity -134%; deployment of 4G across the country - 127%; digitalising government functions and processes - 99%; development and implementation of a National Digital Economy Policy and Strategy - 103%; implementation of a Digital Identity Programme - 86%; improvement and optimisation of revenues from all operators and licensees in agencies under the Ministry's supervision - 594%; active collaboration with private sector to create jobs - 111%; empowerment of citizens - 137%. According to the Minister, the sector used to contribute an average of N51 billion (approx. US$118 million) quarterly to the government's coffer, but in the last three years, quarterly remittance has grown to N408 billion (approx. US$ 935 million). "And you cannot appreciate this until you know how difficult it is to generate funds for government. We remit all that we generate to the government, while others spend without generating," he noted. He expressed the vigor in implementation of the various pillars of NDEPS, facilitating the unprecedented achievements the sector is recording since the policy was approved in October 2019. He listed the eight pillars to include: Developmental Regulation; Digital Literacy and Skills; Solid Infrastructure; Service Infrastructure; Soft Infrastructure; Digital Service Development and Promotion; Digital Society and Emerging Technologies; and Indigenous Content Promotion and Adoption.The Minister revealed that the under the Service Infrastructure pillar, IT project clearance alone has saved the Federal Government over N44 billion in the last year, with the clearing of 1,600 projects which have to do with the automation of government processes in order to save funds, improve precision and accuracy, and promote accountability. He said, "In order to simplify the implementation of each of the pillar, we developed other implementation policies under each pillar; under some pillars we have developed three to four policies. Within the last three years, we have developed 19 national policies and at least 17 of them are being implemented today - and this is unprecedented."While noting the Ministry's achievements in capacity building, Prof. Pantami disclosed that 863,232 Nigerians have been trained on cutting edge and highly demanded digital skills, adding that the training identified a global vacuum in the digital sector, and focused on the provision of skills to citizens such that they could fill the vacuum. In addition, according to the Minister, over 2,000 IT centres have been established across the country.He said the many regulatory instruments developed by his Ministry and its parastatals led to the initiation and ultimate passage of the Nigeria Start-Up Bill by the National Assembly, signed into law by President Muhammadu Buhari last week to become the Nigeria Start-up Act.While commending President Buhari and National Assembly for the speedy passage and assent, the Minister described the legislation as "organic, because inputs were sought from the Start-Up ecosystem, and all its challenges are accommodated." He said passage of the Bill has attracted global commendation, noting the Massachusetts Institute of Technology, which indicated it would be learning from Nigeria's experience.Kashifu Inuwa, Director General, National Information Technology Development Agency (NITDA), giving the opening speech at Digital Nigeria 2022, expressed optimism that with the several initiatives the ministry and all its parastatals are putting in place, Nigeria can become the global talent supplier in the tech ecosystem in no distant time. He said Nigeria is doing a lot in trying to position itself in the area of talent development because technology has two components; the technology, and the people side, or IT talent, which is abundant in Nigeria. According the Director General, if Nigeria could harness her talents in the tech ecosystem, it would need nothing else "because our talent alone is estimated at 8.5 trillion USD market value, and Nigeria has the capacity to fill the global talent gap."He assured that, "We have done it in the sport industry. We have done it in the music industry, and we are going to do it in the tech industry," adding that the country would also explore how to use Emerging Technologies to create and capture value from the tech ecosystem.While recalling that the Minister recently signed a Memorandum of Understanding with Microsoft Corporation to train 5 million Nigerians, the NITDA boss disclosed that there were "several other initiatives, like the training of 1 million developers in the next 18 months, geared towards positioning Nigeria to bridge the global talent gap."He described digital transformation and sustainability as increasingly important and intertwined phenomena that are full of promises and pitfalls. "To achieve sustainability, you need strategy to realise the promises while avoiding the pitfalls," he observed.Inuwa noted that the Minister of Communications & Digital Economy, Prof. Isa Ali Ibrahim (Pantami) has designed an approach to succeed in the digital economy sector. The Minister uses a three part gain : unleash the creative offence to position Nigeria as a leader in the digital economy, initiatives to strengthen the midfield in terms of processes, policies and legal framework, and initiatives to tide up the defense which is to explore technology to enhance processes and services which include the e-government master plan, and initiatives around infrastructure to connect the unconnected.On the recently passage of the Nigeria Start Up bill, now an Act after the President's assent, the Director General averred that the Act would provide legal instrument for Nigeria to become a start-up nation. "With the president assenting to the bill, it will help us position ourselves to disrupt and not to be disrupted because it is through start-ups you can come up with disruptive ideas with innovations to create Innovation driven enterprises, and we are implementing several initiatives to achieve that."We have an MIT REAP programme, we are working with JAICA, and we have several other initiatives aimed to strengthen the ecosystem, that is why Nigeria's ecosystem is the most vibrant ecosystem in all of Africa. Out of seven unicorn companies in Africa, five originated from Nigeria and we have three more to join soon," he added. Inuwa however solicited the cooperation of others because digital transformation cannot be achieved in silos. "We believe digital transformation needs collaboration. We need everybody on board. Government has its own roles; to create policies, to intervene in terms of regulations and legal framework and you all have your own roles to play. Academia produces the human capital; we need the innovators to come up with innovative ideas, we need the venture capitalists to invest, and we need you, our guests from abroad, to learn from your experience. "At the end of this, we are looking forward to ideas that will promote what government is doing so that Nigeria can have a sustainable digital economy," the NITDA boss concluded. Gambia's Minister of Communications and Digital Economy, His Excellence, Mr. Ousman A. Bah, a keynote speaker at the conference, enjoined African countries to embrace digital transformation stating that "digital transformation required the need for visionary leaders that have purpose and purpose that has destiny and destiny has address."He noted that adoption of blockchain technologies would speed up the continent's drive for digital transformation which will promote other emerging technologies such as data protection, cyber security, digital inclusion and entrepreneurship.While acknowledging that Blockchain has many benefits such as financial inclusion and nurturing of small scale businesses, he stated that the technology comes with its challenges, and there are significant challenges to overcome before the benefits of Blockchain could be realised. According to Mr. Bah consumer protection and system network risk can slow down the pace being recorded.He noted that Central banks in African countries need to be proactive to explore the technological advancement that Blockchain offers to promote digital inclusion advising that many countries need to embrace financial inclusion. "Countries in Africa are at the different stages of progress when it comes to allowing financial privacy from other sectors like telecom sector other than the banks." In her keynote address, the Secretary General of the Digital Cooperation Organisation (DCO) Deemah A. Alyahya sued for bridging the gender digital divide that exists, maintaining that access to information should be all inclusive. "We need to promote digital inclusion and ensure that we bridge the digital gender divide that is prevailing because women occupy very important roles in our journey toward digital transformation."In his goodwill remark, the Minister of Information and Culture Alhaji Lai Muhammed commended the ministry and parastatals under the leadership of Prof. Pantami for deepening the digital inclusion in the country through many of their initiatives. He stated that the sector remains the fastest growing sector which has been helping the nation in its drive for economic diversification.Other dignitaries at the conference were the Chairman, Senate Committee on ICT and Cyber Crime, Senator Yakubu Oseni, representatives of ministers of Special Duties, the Minister of State for Health, Service Chiefs, captains of industry, IT enthusiasts, tech start-ups and innovators.A highlight of the event was the unveiling of a book titled "Isa Ali Ibrahim Pantami: Advancing Nigeria's Drive Toward a Digital Economy", published in honour of the Minister. By Lukman Oladokun in Abuja.Digital Nigeria 2022 International Conference, Oct 25-27. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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FG Stops Importation of Digital Technology Products, Services, as Nigeria Intends to be Global Talent Supplier ACN Newswire

FG Stops Importation of Digital Technology Products, Services, as Nigeria Intends to be Global Talent Supplier

ABUJA, NG, Oct 27, 2022 - (ACN Newswire via SEAPRWire.com) - As stakeholders in the Digital Economy sector from both within and outside Nigeria gathered in Abuja to brainstorm on the path to a sustainable digital economy in the country, the Federal Government (FG) declared that it would no longer accept importation of any digital technological product or service into the country "until and unless the country is convinced that capacity to develop such product and service is not readily available in the country."Prof Isa Ali Ibrahim (Pantami), Minister of Communications & Digital Economy, during his address to the Digital Nigeria 2022 International Conference.Kashifu Inuwa, Director General, National Information Technology Development Agency (NITDA), during the opening address at Digital Nigeria 2022.The Digital Nigeria 2022 International Conference, Exhibition and Awards, which runs from October 25 - 27, 2022 in Abuja, Nigeria. [Image: FITMA]Deemah Yahya Alyahya, Secretary General, Digital Cooperation Organisation (DCO), delivering her Keynote Address at the Digital Nigeria 2022.Ousman A. Bah, Minister of Communications & Digital Economy of The Gambia, delivering a Keynote Address at Digital Nigeria 2022 International Conference.Prof. Isa Ali Ibrahim (Pantami), the Minister of Communications & Digital Economy, made the declaration during a special address at the Digital Nigeria 2022 Conference, Exhibition and Awards in Abuja (Oct 25~27). Formerly known as the eNigeria Conference, the annual event was re-branded as Digital Nigeria to expand its scope in line with the core objectives of the National Digital Economy Policy and Strategy (NDEPS). Minister Pantami holds that wisdom behind the stoppage of importation of digital technological products and services gives effect to Executive Orders 003 of May 2017, and 005 of February 2018, which support "Local content procurement by ministries, departments and agencies of the Federal Government of Nigeria", and the "Planning and execution of projects, and promotion of Nigerian content in contracts and science, engineering and technology", respectively. He stated further that "even in the employment position that is publicized, as long as there are Nigerians that have the capacities to take up the challenges, it is not allowed for you to bring somebody from outside the country, except in an agreement transferring knowledge, and 40% of our products and services must be retained for Nigerians." The minister disclosed that his sector has been performing with increasing creditably in the last three years, making it the fastest growing sector and the highest contributor to Gross Domestic Product in the country. "The Digital Economy has in recent years recorded three unprecedented records. For example, contributing18.44% of GDP in the last quarter according to the National Bureau of Statistic." Listing record achievements for the sector, Prof. Pantami further expressed that his Ministry had scored high grades in each of the eight ministerial deliverables he signed with President Muhammadu Buhari in 2019. He noted that his Ministry scored a very strong 173.86% average across the eight. The scores in each deliverable were recorded as: implementation of broadband connectivity -134%; deployment of 4G across the country - 127%; digitalising government functions and processes - 99%; development and implementation of a National Digital Economy Policy and Strategy - 103%; implementation of a Digital Identity Programme - 86%; improvement and optimisation of revenues from all operators and licensees in agencies under the Ministry's supervision - 594%; active collaboration with private sector to create jobs - 111%; empowerment of citizens - 137%. According to the Minister, the sector used to contribute an average of N51 billion (approx. US$118 million) quarterly to the government's coffer, but in the last three years, quarterly remittance has grown to N408 billion (approx. US$ 935 million). "And you cannot appreciate this until you know how difficult it is to generate funds for government. We remit all that we generate to the government, while others spend without generating," he noted. He expressed the vigor in implementation of the various pillars of NDEPS, facilitating the unprecedented achievements the sector is recording since the policy was approved in October 2019. He listed the eight pillars to include: Developmental Regulation; Digital Literacy and Skills; Solid Infrastructure; Service Infrastructure; Soft Infrastructure; Digital Service Development and Promotion; Digital Society and Emerging Technologies; and Indigenous Content Promotion and Adoption.The Minister revealed that the under the Service Infrastructure pillar, IT project clearance alone has saved the Federal Government over N44 billion in the last year, with the clearing of 1,600 projects which have to do with the automation of government processes in order to save funds, improve precision and accuracy, and promote accountability. He said, "In order to simplify the implementation of each of the pillar, we developed other implementation policies under each pillar; under some pillars we have developed three to four policies. Within the last three years, we have developed 19 national policies and at least 17 of them are being implemented today - and this is unprecedented."While noting the Ministry's achievements in capacity building, Prof. Pantami disclosed that 863,232 Nigerians have been trained on cutting edge and highly demanded digital skills, adding that the training identified a global vacuum in the digital sector, and focused on the provision of skills to citizens such that they could fill the vacuum. In addition, according to the Minister, over 2,000 IT centres have been established across the country.He said the many regulatory instruments developed by his Ministry and its parastatals led to the initiation and ultimate passage of the Nigeria Start-Up Bill by the National Assembly, signed into law by President Muhammadu Buhari last week to become the Nigeria Start-up Act.While commending President Buhari and National Assembly for the speedy passage and assent, the Minister described the legislation as "organic, because inputs were sought from the Start-Up ecosystem, and all its challenges are accommodated." He said passage of the Bill has attracted global commendation, noting the Massachusetts Institute of Technology, which indicated it would be learning from Nigeria's experience.Kashifu Inuwa, Director General, National Information Technology Development Agency (NITDA), giving the opening speech at Digital Nigeria 2022, expressed optimism that with the several initiatives the ministry and all its parastatals are putting in place, Nigeria can become the global talent supplier in the tech ecosystem in no distant time. He said Nigeria is doing a lot in trying to position itself in the area of talent development because technology has two components; the technology, and the people side, or IT talent, which is abundant in Nigeria. According the Director General, if Nigeria could harness her talents in the tech ecosystem, it would need nothing else "because our talent alone is estimated at 8.5 trillion USD market value, and Nigeria has the capacity to fill the global talent gap."He assured that, "We have done it in the sport industry. We have done it in the music industry, and we are going to do it in the tech industry," adding that the country would also explore how to use Emerging Technologies to create and capture value from the tech ecosystem.While recalling that the Minister recently signed a Memorandum of Understanding with Microsoft Corporation to train 5 million Nigerians, the NITDA boss disclosed that there were "several other initiatives, like the training of 1 million developers in the next 18 months, geared towards positioning Nigeria to bridge the global talent gap."He described digital transformation and sustainability as increasingly important and intertwined phenomena that are full of promises and pitfalls. "To achieve sustainability, you need strategy to realise the promises while avoiding the pitfalls," he observed.Inuwa noted that the Minister of Communications & Digital Economy, Prof. Isa Ali Ibrahim (Pantami) has designed an approach to succeed in the digital economy sector. The Minister uses a three part gain : unleash the creative offence to position Nigeria as a leader in the digital economy, initiatives to strengthen the midfield in terms of processes, policies and legal framework, and initiatives to tide up the defense which is to explore technology to enhance processes and services which include the e-government master plan, and initiatives around infrastructure to connect the unconnected.On the recently passage of the Nigeria Start Up bill, now an Act after the President's assent, the Director General averred that the Act would provide legal instrument for Nigeria to become a start-up nation. "With the president assenting to the bill, it will help us position ourselves to disrupt and not to be disrupted because it is through start-ups you can come up with disruptive ideas with innovations to create Innovation driven enterprises, and we are implementing several initiatives to achieve that."We have an MIT REAP programme, we are working with JAICA, and we have several other initiatives aimed to strengthen the ecosystem, that is why Nigeria's ecosystem is the most vibrant ecosystem in all of Africa. Out of seven unicorn companies in Africa, five originated from Nigeria and we have three more to join soon," he added. Inuwa however solicited the cooperation of others because digital transformation cannot be achieved in silos. "We believe digital transformation needs collaboration. We need everybody on board. Government has its own roles; to create policies, to intervene in terms of regulations and legal framework and you all have your own roles to play. Academia produces the human capital; we need the innovators to come up with innovative ideas, we need the venture capitalists to invest, and we need you, our guests from abroad, to learn from your experience. "At the end of this, we are looking forward to ideas that will promote what government is doing so that Nigeria can have a sustainable digital economy," the NITDA boss concluded. Gambia's Minister of Communications and Digital Economy, His Excellence, Mr. Ousman A. Bah, a keynote speaker at the conference, enjoined African countries to embrace digital transformation stating that "digital transformation required the need for visionary leaders that have purpose and purpose that has destiny and destiny has address."He noted that adoption of blockchain technologies would speed up the continent's drive for digital transformation which will promote other emerging technologies such as data protection, cyber security, digital inclusion and entrepreneurship.While acknowledging that Blockchain has many benefits such as financial inclusion and nurturing of small scale businesses, he stated that the technology comes with its challenges, and there are significant challenges to overcome before the benefits of Blockchain could be realised. According to Mr. Bah consumer protection and system network risk can slow down the pace being recorded.He noted that Central banks in African countries need to be proactive to explore the technological advancement that Blockchain offers to promote digital inclusion advising that many countries need to embrace financial inclusion. "Countries in Africa are at the different stages of progress when it comes to allowing financial privacy from other sectors like telecom sector other than the banks." In her keynote address, the Secretary General of the Digital Cooperation Organisation (DCO) Deemah A. Alyahya sued for bridging the gender digital divide that exists, maintaining that access to information should be all inclusive. "We need to promote digital inclusion and ensure that we bridge the digital gender divide that is prevailing because women occupy very important roles in our journey toward digital transformation."In his goodwill remark, the Minister of Information and Culture Alhaji Lai Muhammed commended the ministry and parastatals under the leadership of Prof. Pantami for deepening the digital inclusion in the country through many of their initiatives. He stated that the sector remains the fastest growing sector which has been helping the nation in its drive for economic diversification.Other dignitaries at the conference were the Chairman, Senate Committee on ICT and Cyber Crime, Senator Yakubu Oseni, representatives of ministers of Special Duties, the Minister of State for Health, Service Chiefs, captains of industry, IT enthusiasts, tech start-ups and innovators.A highlight of the event was the unveiling of a book titled "Isa Ali Ibrahim Pantami: Advancing Nigeria's Drive Toward a Digital Economy", published in honour of the Minister. By Lukman Oladokun in Abuja.Digital Nigeria 2022 International Conference, Oct 25-27. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Nigerian FG to Stop Importing Digital Products and Services says Digital Economy Minister ACN Newswire

Nigerian FG to Stop Importing Digital Products and Services says Digital Economy Minister

ABUJA, Nigeria, Oct 26, 2022 - (ACN Newswire via SEAPRWire.com) - With stakeholders in the Digital Economy, from within and outside Nigeria, gathered at Digital Nigeria 2022 to brainstorm on a sustainable digital economy for the nation, the Federal Government declared that it was no longer accepting importation of any digital technological product or service into the country, "until and unless the country is convinced that capacity to develop such product and service is not readily available within the country." NITDA Director General, Kashifu Inuwa opening Digital Nigeria 2022 in Abuja, October 25 [Image: NITDA]Communications & Digital Economy Minister, Prof. Isa Ali Ibrahim (Pantami) addressing Digital Nigeria 2022 [Image: NITDA]The Minister of Communications & Digital Economy, Prof. Isa Ali Ibrahim (Pantami) made the sweeping declaration while delivering special remarks on Day #1 of the Digital Nigeria International Conference, Exhibition & Awards in Abuja on Monday, Oct 25. The Conference, formerly known as the eNigeria International Conference, is the flagship awareness programme in the Digital Economy sector. The annual event was re-branded as Digital Nigeria to further expand its scope in line with the core objectives of the National Digital Economy Policy and Strategy (NDEPS). The aim is to brainstorm on contemporary issues of relevance across the globe, and to address Nigerian challenges for sustainable socioeconomic development. It is a veritable platform for Information & Communications Technology (ICT) awareness, creation, development of appropriate frameworks, and setting goals for best practices. The Minister holds that wisdom behind the stoppage of importation of digital technological products and services gives effect to Executive Orders 003 of May 2017, and 005 of February 2018, which support "Local Content Procurements by Ministries, Department and Agencies of the Federal Government of Nigeria", and the "Planning and Execution of Projects, Promotion of Nigerian Content in Contracts and Science, Engineering and Technology", respectively. He stated further that "even in the employment position that is publicized, as long as there are Nigerians that have the capacities to take up the challenges, it is not allowed for you to bring somebody from outside the country, except in an agreement transferring knowledge, and 40% of our products and services must be retained for Nigerians." Prof. Pantami enthused that his segment has been performing with increasing creditably in the last three years, making it the fastest growing sector, and the highest contributor to Gross Domestic Product in the country. "The Digital Economy has in recent years recorded three unprecedented records. For example, contributing18.44% of GDP in the last quarter according to the National Bureau of Statistic." Listing record achievements for the sector, Prof. Pantami further expressed that his Ministry had scored high grades in each of the eight ministerial deliverables he signed with President Muhammadu Buhari in 2019. He noted that his Ministry scored a very strong 173.86% average across the eight. The scores in each deliverable were recorded as: implementation of broadband connectivity -134%; deployment of 4G across the country - 127%; digitalising government functions and processes - 99%; development and implementation of a National Digital Economy Policy and Strategy - 103%; implementation of a Digital Identity Programme - 86%; improvement and optimisation of revenues from all operators and licensees in agencies under the Ministry's supervision - 594%; active collaboration with private sector to create jobs - 111%; empowerment of citizens - 137%. According to the Minister, the sector used to contribute an average of N51 billion (approx. US$118 million) quarterly to the government's coffer, but in the last three years, quarterly remittance has grown to N408 billion (approx. US$ 935 million). "And you cannot appreciate this until you know how difficult it is to generate funds for government. We remit all that we generate to the government, while others spend without generating," he noted. Prof. Pantami expressed that vigor in implementation of the various pillars of NDEPS was facilitating the unprecedented achievements the sector is recording since the policy was approved in October 2019. He listed the eight pillars to include: Developmental Regulation; Digital Literacy and Skills; Solid Infrastructure; Service Infrastructure; Soft Infrastructure; Digital Service Development and Promotion; Digital Society and Emerging Technologies; and Indigenous Content Promotion and Adoption.The Minister revealed that the under the Service Infrastructure pillar, IT project clearance alone has saved the Federal Government over N44 billion in the last year, with the clearing of 1,600 projects which have to do with the automation of government processes in order to save funds, improve precision and accuracy, and promote accountability. He said, "In order to simplify the implementation of each of the pillar, we developed other implementation policies under each pillar; under some pillars we have developed three to four policies. Within the last three years, we have developed 19 national policies and at least 17 of them are being implemented today - and this is unprecedented."While noting the Ministry's achievements in capacity building, Prof. Pantami disclosed that 863,232 Nigerians have been trained on cutting edge and highly demanded digital skills, adding that the training identified a global vacuum in the digital sector, and focused on the provision of skills to citizens such that they could fill the vacuum. In addition, according to the Minister, over 2,000 IT centres have been established across the country.He said the many regulatory instruments developed by his Ministry and its parastatals led to the initiation and passage of the Nigeria Start-Up Bill by the National Assembly, signed into law by President Muhammadu Buhari last week as the Nigeria Start-up Act.While commending President Buhari and National Assembly for the speedy passage and assent, the Minister described the legislation as "organic, as inputs were sought from the Start-Up ecosystem, and all its challenges are accommodated." He said passage of the Bill has attracted commendations globally, especially the Massachusetts Institute of Technology, which indicated it would be learning from Nigeria's experience.Written by Lukman Oladokun in LagosDay #1: Digital Nigeria International Conference 2022, Oct 25. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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NITDA to host Blockchain Day at Digital Nigeria 2022 ACN Newswire

NITDA to host Blockchain Day at Digital Nigeria 2022

LAGOS, NG, Oct 1, 2022 - (ACN Newswire via SEAPRWire.com) - The National Information Technology Development Agency (NITDA), under the Federal Ministry of Communications and Digital Economy, in partnership with Domineum Blockchain Solutions, a leading Distributed Ledger Technology Company in Africa, is set to host a one-day National digital economy awareness event: BLOCKCHAIN DAY will take place on 26th October, during the annual Digital Nigeria International Conference and Exhibition (Digital Nigeria 2022), happening from the 25th to 27th October. An audience of over 2000 Blockchain enthusiasts is expected in Abuja.Digital Nigeria 2022 is taking place at the International Conference Centre in Abuja, Nigeria. The theme for this year's conference is Digital Transformation: A Path to Sustainable Digital Economy, chosen to stimulate discussion on how the economy could benefit from digital technologies to create value. The objective is to Promote digital transformation, Digital inclusion, Emerging technologies, Data Protection, Innovation, and Entrepreneurship in Nigeria.BLOCKCHAIN DAY will focus on scaling the blockchain ecosystem, with opportunities and best use cases from Africa and around the globe. Special focus will be given to Nigeria, a country blessed with talented people and over 200 million potential smart technology experts. BLOCKCHAIN DAY targets hosting 2,000 participants, global speakers, leaders and great personalities in the Blockchain industry. The conference will provide a platform for networking, co-creation and collaboration, sharing experiences, mentorship and knowledge circulation, stimulating conversation on emerging technology and incentives, with experts for tech startups.Mr. Kashifu Inuwa, Director-General of NITDA, said "There are a lot of opportunities in Blockchain, and it is critical in every business. Talent is the human component of technology and innovation, with Blockchain and emerging technologies being about the new solutions they are bringing on board. So, you need to task yourself to know which solutions or offerings the industry requires."Mr. Mohammed Ibrahim Jega, co-founder Domineum said, "Blockchain is a technology that houses Cryptocurrency and other compelling ideas. It is important to demystify it, enable young people to get a proper grasp and expose themselves to this game-changing technology, and to take advantage of the numerous opportunities it presents."Over the past years, emerging economies have leapt to the forefront of blockchain adoption, with Nigeria being one of the frontrunners. The "Giant of Africa," as proudly called, is making great strides in the adoption of blockchain technological innovation. According to a survey conducted by Statista in 2020, 32% of Nigerians have admitted to using or owning cryptocurrencies, the sheer numbers of which are perfect consideration when exploring Nigeria's affinity for taking advantage of blockchain technology. Digital Nigeria International Conference will provide a power-packed agenda and activities such as Keynote Speaking, Panel discussions, Fireside Chat, Training Sessions, Guest Speaking, Presentations, Pitch sessions, Question and Answer Sessions, an Exhibition and Networking, and One-on-one interactive workshop for attendees with global industry leaders.Top speakers at the conference are Inuwa Kashifu Abdullahi (DG NITDA); Prof. Isa Pantami, The Minister of Communications and Digital Economy; Ray Sharma - General Partner, Pacer Ventures; Mr. Mohammed Ibrahim Jega - Co-Founder, Domineum; Ahmed Yousif - Lead, BSV Blockchain; Ray Youssef - Founder and CEO, Paxful; Lorien Gamaroff - CEO, Centbee; James L. Sisneros - Founder & CEO, The Possibility Company; Geoffrey Weli-Wosu - Founder & CEO, Domineum Blockchain Solutions Ltd; Simit Naik - Director, Commercial & Strategy, nChain; Faith C. Titus - Founder & CEO, Sonergy Data Technologies; Dr. Usman Gambo Abdullahi - Director, IT Infrastructure Solutions, NITDA; Dr. Rislan A Kanya - DVC IT Research & Innovation, Baze University; and many others.Online registration for the conference is welcome, visit https://www.digitalnigeria.gov.ng/register/ BLOCKCHAIN DAY is powered by DOMINEUM. For more information, call: +23 490 9557 7775For partnerships and sponsorship opportunities please write to: business@domineum.io Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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