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Tag: Director

  • FMN Partner’s George Coumantaros Foundation, Others, to offer a Postgraduate Scholarship Program For Nigerians

    FMN Partner’s George Coumantaros Foundation, Others, to offer a Postgraduate Scholarship Program For Nigerians

    Nigeria’s market leader within the food and agro-allied sector and Provider of quality products, Flour Mills of Nigeria Plc (FMN), today announces a partnership with the George Coumantaros Foundation to award postgraduate degree scholarships to Nigerians in collaboration with American Farm School (AFS) and Perrotis College. The postgraduate scholarship scheme would provide two successful applicants an opportunity for a two-year Master’s degree program at the American Farm School, Greece. Applications for the postgraduate program start on the 1st of June 2022 and end on the 15th of June 2022.

    The program affords stipulated financial assistance to deserving Nigerian students at the postgraduate level with the aim of driving academic excellence, exposure to industry and global best practices, and capacity building in the food and agro-allied sector. The postgraduate degree program for selected candidates will be under three main courses: New Food Product and Business Development (MSc), Marketing for the Agro-Food Sector (MSc), and Sustainable Agriculture and Management (MSc).  Created to attract progressive, and education-minded students across Nigeria, candidates that met the selection criteria will also be given a two-year internship opportunity at FMN, where they can put their knowledge to practice.

    Speaking on the invaluable nature of the scholarship scheme, FMN’s Director, Group Strategy and Stakeholder Relations, Mr. Sadiq Usman stated “The postgraduate scholarship scheme is yet another proactive step taken by the Group to drive human capital development. Through this program, we are looking at creating an avenue where Nigerians would acquire knowledge and skills in line with socio-economic demands. Beneficiaries would be empowered with innovative skills needed to compete locally and internationally.  The Group is committed to the long-term growth of the nation and its people, as we continue in our purpose of feeding the nation everyday”.

    Also commenting on the transformative nature of the scheme, the Program Director, George Coumantaros Foundation, Alexia Katsaounis stated, “This scholarship program is in line with our Foundation’s mandate of creating an enabling environment for quality education. This aligns with the transformative legacies of George S. Coumantaros, Founder of FMN, and whom the foundation was created in his memory. We would continue to undertake programs like this postgraduate scholarship scheme towards supporting Nigeria’s development”.

    Interested and qualified candidates are encouraged to visit https://bit.ly/FMN_Postgraduate_Scholarships  to apply for the postgraduate scholarship program.

  • NCC’s Second Telecoms Leadership Summit holds in Lagos

    The Nigerian Communications Commission (NCC) has hosted the second edition of the Nigerian Telecoms Leadership Summit, in line with its tradition and commitment to engage with stakeholders in the telecom ecosystem with a view to pursuing proactive regulatory interventions targeted at ensuring an enabling operating environment and improving investment climate in the Nigerian telecom industry.

    The event, which took place at the Eko Hotels, Victoria Island, Lagos, was an assemblage of key industry stakeholders with the central objective to analyse the current state of the sector, process the issues, and chart new pathways to a more effective and sustainable regulatory regime for the stability and growth of the Nigerian telecom industry.

    Speaking at the event, the Executive Vice Chairman and Chief Executive Officer of the NCC, Prof. Umar Danbatta, said that the theme of the Summit: “The Future of Telecom Regulation in Nigeria,” presented a unique opportunity for the Commission to interact with critical stakeholders.

    Through such interaction, the EVC said the Commission would be able to brainstorm and migrate to new frontiers of visionary regulations that will galvanise and foster desired growth in the industry.

    Danbatta explained that the outbreak of the COVID-19 pandemic triggered political and socio-economic uncertainties globally and underscored the crucial role of digital connectivity in keeping societies functioning, as online life became, essentially, a new way of life.

    He stated that with the increased dependence on digital platforms, the theme of the event had become necessary in order to put in place a broader regulatory framework that will enhance and protect the integrity of the industry in the emergent digital economy.

    In this context, the EVC said the NCC will continue to diligently pursue the implementation of policy frameworks such as the Nigeria National Broadband Plan  (NNBP) 2020-2025; and the National Digital Economy Policy and Strategy (NDEPS) 2020-2030 which are consistent with NCC’s regulatory interventions such as the Commission’s Strategic Management Plan (SMP), 2020-2024 and Strategic Vision Plan (SVP), 2021-2025, among others.

    Danbatta said all the policy and regulatory frameworks principally seek to provide a platform for Nigerian citizens to engage in innovative developments for the telecoms industry and improve the nation’s ability to compete in the ever-competitive global space.

    Explaining further on the transformation happening as a result of the expanding spectrum of the digital ecosystem, Danbatta said the industry is witnessing new business delivery and breakthroughs due to the expansion of boundaries of digital Small and Medium Enterprises (SMEs), especially fintech and e-commerce firms. The EVC said those consequential ecosystem have contributed to the growth of the Nigerian digital economy riding on telecom infrastructure.

    Danbatta aptly reckoned that digital services and contents provided by these SMEs will leverage on broadband infrastructure and the upcoming deployment of the Fifth Generation (5G) network being driven by the Commission to deliver more innovative and high-quality experiences to consumers.

    “The Commission’s successful auction and licensing of the 3.5GHz spectrum licences in the last quarter of 2021 for the deployment of 5G technology is set to create many opportunities for the development of the industry and as a regulator, we are conversant with the fact that a dynamic regulatory environment is needed to sustain this industry growth”, Danbatta said.

    “Therefore, it has become imperative for us, as critical stakeholders, to appraise the progress made so far as an industry and chart the course for the future of the telecoms industry in the country,” he stated. The EVC also informed that one of the sectors that had been positively impacted by the digital transformation is the financial services sector.

    Amplifiying the EVC’s position, in his keynote address titled: “The Future of Telecom Regulation in Nigeria: Challenges of Access to Funding”, the Chief Executive Officer of Stanbic IBTC, Dr. Ademola Sogunle, asserted that the telecommunications industry had become the sustaining stimulus of the post-pandemic era as consumers’ behaviours continue to shift towards digital trends. Danbatta said that the contribution of the telecom sector continues to benefit the entire ecosystem.

    While reviewing resolutions of the first edition of the Summit held in 2019, the Director, Policy, Competition and Economic Analysis, NCC, Yetunde Akinloye, said the Commission had implemented the recommendations of that meeting among which were the Executive Order on Duplicity of Taxes and Levies, and Harmonization of Right of Way (ROW) fees.

    She said other recommendations implemented include addressing interconnect debt, review of the framework on interconnect clearing houses to ensure 10 percent of traffic is routed through clearing houses, incentives for small operators as well as monitoring compliance with the Code of Corporate Governance.

    To sustain the momentum from the previous industry leadership engagement, this year’s Summit provided the Chief Executives of companies in the telecom sector an opportunity to meet the EVC and top Management of the Commission at a roundtable for deeper thinking and greater reflection on the challenges in the sector and proffer meaningful solutions.

  • “NCC committed to promoting organizational efficiency, capacity building” – Danbatta

    “NCC committed to promoting organizational efficiency, capacity building” – Danbatta

    …set to strengthen strategic collaboration with NIM

    The Nigerian Communications Commission (NCC) has once again reiterated its stance on professionalizing its workforce and strengthening collaborations with strategic partners such as the Nigerian Institute of Management (NIM) in order to enhance operational efficiency.

    The Executive Vice Chairman (EVC) of NCC, Prof. Umar Danbatta, stated this while receiving a delegation led by the Acting Registrar and CEO of NIM, Jude Iheanacho, who paid a courtesy visit to the NCC Head Office recently.

    Director, Human Capital and Administration, Usman Malah, who represented the EVC at the event, noted that the Commission places a high premium on capacity building and is implementing policies geared towards achieving this vital objective. Malah also said that it was in the Commission’s best interest to deepen its collaboration with NIM, through strategic partnering, so that NCC can improve organisational efficiency and regulatory excellence.

    Speaking further, Malah declared that the Commission’s faith in the transformational capacity of skilled human resources is demonstrated by the Commission’s support to staff who are members of the Institute. The support includes prompt payment of membership fees for its staff; and subscription to and participation in NIM’s mandatory capacity building programmes for members.

    Malah promised to make recommendations to the Management of the Commission to take additional steps in solidifying the strategic relationship, such as setting up a joint committee of the two bodies to draw up modalities for inter-agency collaboration.

    Iheanacho, in his response, lauded NCC for its positive contribution to the telecommunications sector and also said a highly-skilled, highly professional workforce was needed to regulate the dynamic, competitive, and highly intellectual world of telecommunications. The NCC, Ihenacho observed, has been an exemplary public sector institution noted for its proactive, all-inclusive engagement of stakeholders in the telecoms sector.

    The NIM Chief Executive, who acceded that there was a need for strategic partnership between the two organisations, also declared that there were a variety of emergent upskilling programmes by NIM aimed at ensuring that Nigeria was in tune with global trends.

    Iheanacho also informed the Commission that programmes such as the Mandatory Continuing Professional Education Programme; and the Continuing Learning and Development programmes were examples of programs that dealt with contemporary issues in management which NCC can leverage for improved workplace efficiency.

    The Nigerian Institute of Management (NIM) was established in 1961, though the enabling Act, the Nigerian Institute of Management (Establishment) Act was enacted by the National Assembly on July 19, 2003.

    The objectives of the institute include the development of good management, professionalizing management, and improving and standardizing management in Nigeria.

    The reception of the NIM team and the interaction took place at the NCC Conference Hall and was attended by the Head of Administration at NCC, Ibrahim Aliyu; Head of Human Capital, Safiya Jijji, who was represented by Folorunsho Mesele, a Principal Manager in the Human Capital Department.

  • LiveBIc Clinches First Prize at MarkHack 1.0

    LiveBIc Clinches First Prize at MarkHack 1.0

    …as Eko Innovation Centre and GDM Group call for Technological Innovation to Disrupt Marketing Landscape

    In what has proven to be game changing and a first-of-its-kind in the Nigerian media and marketing space, winning innovations have emerged at the grand finale of the maiden edition of Nigeria’s first marketing and media Hackathon tagged ‘MarkHack 1.0’ organized by the Eko Innovation Centre in collaboration with GDM Group. 

    LiveBIc, which comprised Shadrach Akao and Ernest Ogbanefe emerged the overall winners from a list of 10 finalists involved in the pitch at the finals of the hackathon. LiveBIc won the star prize of $10,000 for developing a new platform for content creators to market and deliver their content.

    Sprayme clinched the second position and $4,000 prize money for innovating a new way for social gifting and content monetization; Reelbuzz emerged the third winner with $3,000 for creating an intuitive platform that helps brands connect and command higher brand loyalty; Innovatoras took the fourth position as well as $2,000 prize money for directing the leads for businesses and turning them to paying customers and Monify Cookies, fifth position with $1,000 for developing a browser tool that provides its users the ability to block all unsolicited ads and earn money from allowed ads.

    The winners and runners-up will also get working space at Eko Innovation Centre, while all ten (10) finalists will have access to join the EIC accelerator program and GITEX Global pitch event in Dubai. 

    Recall, that the best 10 teams with the most viable concepts went head-to-head at the finale for the $20,000 prize pool and an acceleration programme with up to $50K equity investment to get their products ready for the market among other benefits.

    Speaking on the initiative and what inspired it, Victor Afolabi, Founder, of Eko Innovation Centre, and Curator MarkHack 1.0 said, MarkHack 1.0 is a gathering of innovators, entrepreneurs, Policy makers, and Marketing Professionals, to create solutions to real-life Marketing challenges in an intense period of time. Using creativity, technology, and mentoring, resulting in prototypes, fresh new concepts, and innovative usages of tech for Marketing and Media. 

    He added that “Seeing how technology has disrupted global industries all over the world, we perceived that the marketing and media industry was ripe for disruption. However, they are two things, it is either we collaborate with stakeholders in the industry to create the disruption we anticipate or we allow disruption to happen to us, and we choose to do the former.”

    “The former involves working with over 100 organisations and representatives from the various organisations to co-create together and disrupt that which we anticipate. That co-creation gave birth to what we call MarkHack. We brought together experts in the industry across sectorial groups from clients, agencies, professionals, technology experts, venture capitalists, policy makers, regulators and we all came together to come to create the MarkHack,” he said.

    On his part, Hakeem Popoola Fahm, Commissioner of Science and Technology, Lagos State applauded the organizers for the laudable initiative and stated that it is a testament to the success of Governor, Babajide Sanwo-Olu’s commitment to making Lagos a smart city by digitalizing its operations and providing an enabling environment for technology innovations to be given birth to. He added that MarkHack 1.0 has shown that Marketers and media practitioners can digitalize operations and the state government would continue to support the ecosystem. 

    Similarly, the Special Adviser, Innovation and Technology to the Governor of Lagos State, Tubosun Alake said the government has been supporting various research works through Lagos State Science Research and Innovation Council (LASRIC) across multiple industries including the marketing industry and it won’t rest on its oars in actualizing the smart city agenda of the present administration. 

    Earlier in the programme, the President of the National Institute of Marketing of Nigeria (NIMN), Idorenyen Enang while delivering his keynote address at the event urged marketers to continue to innovate, and know how to use their channels effectively. He had also emphasized that marketing is not merely about integrated marketing communication, adding that innovators require to follow laid-down principles of marketing. 

    Similarly, in a fireside chat, Franklin Ozekhome, CEO & Head of Growth, Identiture Africa; Seyi Tinubu, CEO/Chairman, Loatsad Promomedia; and Muyiwa Aleshinloye, Head of Marketing, Wakanow called on marketers to take advantage of technology to grow their brands as Metaverse, Artificial Intelligence, and others are being deployed to ease business operations. 

    The organizers of the event, Eko Innovation Centre and GDM Group revealed that over 500 individuals registered to participate in the hackathon from 72 locations, 5 countries (which includes Nigeria, California- USA, Kenya, Pakistan, and London), and 3 continents (Africa, Europe, and North America). 

    The participants were split into teams of 5 and were required to work together for 3 weeks, brainstorm, and come up with new concepts based on their areas of focus. They were also sub-grouped into 8 focus areas which include consumer experience, media consumption, consumer recruitment & interaction, trade & retail engagement, analytics and metrics, events marketing, media monetization, and content creation.

    Each team pitched their ideas to a respected Jury of experts in the subject matter, and the best 10 teams were picked by the Jurors before only five emerged winners at the grand finale. Overall, the hackathon had 21 Mentors, 30 Selection Jurors, 8 Speakers, and 8 Final Jurors who partook in the event and are the industry’s best with decades of experience in marketing, media, technology, and business management, and others.

    The winners were judged by professionals which include Steve Babaeko, CEO/Chief Creative Officer, X3M Ideas & President, Association of Advertising Agencies of Nigeria; Iquo Ukoh, Director, Board of Directors, Letshego Microfinance Bank Ltd; Uwem Uwemakpan, Cofounder of Ingressive Capital; Tolulope Tomori Adedeji, Marketing Director, Anheuser-Busch InBev; and Debola Williams, Group CEO at Red Africa. 

    Others are Joseph Agunbiade, Cofounder, BudgIt; Kayode Oladapo, Assistant Regional Manager for Zone AOA (Africa, Oceania, and Asia), Nestle; and Jide Sipe, Head, Marketing and Corporate Communication, Ecobank Nigeria. 

  • Feature- Oloyede: a celebration of excellence

    Feature- Oloyede: a celebration of excellence

    By Kunle Akogun

    This Friday, May 20, 2022, in Lagos, drums would be rolled out, cymbals would chime, heads would turn in jaw-dropping celebration of excellence as the high-flying Registrar of the Joint Admissions and Matriculation Board (JAMB) bags The Vanguard’s Icon of Education award.

    Even though the newspaper is honouring the erudite scholar in his capacity as JAMB Registrar, one of the criteria that qualified him for the award of the 2021 ‘Public Sector (Education) Icon’ was his achievements while serving as Vice-Chancellor of the University of Ilorin, the nation’s most sought-after citadel of learning !

    At the award ceremony, which holds at the Eko Hotel and Suites, Prof. Oloyede will be standing on the dais with other prominent Nigerian achievers that include captains of industries, politicians, bankers, and big players in the country’s political and economic spheres.

    In the letter of the award signed by the Editor of The Vanguard Newspaper, Mr. Eze Anaba, the JAMB Registrar was informed that “this award is in recognition of your exceptional contributions to nation-building, particularly in the education sector, where you not only made a name for yourself, but also made Nigeria proud. You achieved fame since 2007 when you became Vice-Chancellor of the University of Ilorin. Your tenure is outstanding in the annals of the university because in just five years, you transformed it and made it the most sought-after university in Nigeria”.

    Mr. Anaba continued, “… as Registrar/CEO of JAMB, your achievements in reorganizing and cleaning the proverbial Augean stable, coupled with unprecedented financial prudence, which saw remittance of funds back to federal coffers, are indeed worthy of commendation. These, and more, which space do not permit us to list in this letter are what commend you for this award”.

    The newspaper editor further explained that “the history of a united Nigeria will not be complete without a copious mention of your dedication and commitment to our fatherland”, adding that “the philosophy of this award is to recognize and celebrate Excellence, National Pride and Service to Humanity”.

    This award is a brand new feather to Prof. Oloyede’s over-decorated cap of honours. And it doesn’t come as a surprise to the watchers of the erudite Professor of Islamic Jurisprudence’s legendary records of selfless service to humanity.

    Before now, Prof. Oloyede has received scores of awards in recognition of his sterling achievements in public service. These include the National Productivity Order of Merit (NIPOM) award (2019); The Sun Newspaper’s Public Service Award for 2018 “for being an exemplary public servant with zero tolerance for corruption and setting up a new order of transparency in the running of JAMB”; Leadership Newspaper award for JAMB as “Government Agency of the Year, 2018”, among several others; as well as special parliamentary commendation by members of the House of Representatives (2019).

    And just recently, the JAMB Registrar was formally recognised by the United Nations Educational, Scientific and Cultural Organization (UNESCO) as the ‘Best Advocate of Equal Opportunity in Higher Education in Africa’. The UNESCO accolade is worthy recognition for Prof. Oloyede’s fertile repertoire of innovation, an attribute that has made JAMB the veritable trail-blazer among the nation’s public institutions.

    No wonder he was reappointed for another term of five years in 2021 at the expiration of his first term.

    To be sure, this erudite scholar is fast becoming the face of the new Nigeria we all fervently pray and yearn for! And as the country begins another frenetic search for a new set of leaders come 2023, it would not be out of place to recommend the Oloyede magical persona as a veritable template for an ideal new national leadership. For, his entire public service life is full of great lessons for incumbent and aspiring leaders!

    So, as he walks up the dais this beautiful Friday evening to be adorned with the garlands of honour, we congratulate his outstanding Unilorite on his attainments so far. We pray for more powers to his elbow in the firm belief that he still has more to offer Nigeria and humanity in general.

    Akogun is the Director, Corporate Affairs, University of Ilorin

  • IFMA celebrates World Facility Management Day and 25th Anniversary in Grand Style

    IFMA celebrates World Facility Management Day and 25th Anniversary in Grand Style

    …empowers 25 technical school students

    In commemoration of the International Facility Management Association (IFMA) Nigeria Chapter’s silver jubilee which coincided with World Facility Management Day. The association celebrated the milestone achieved over the years at the MUSON Centre, Onikan, Lagos on Thursday, May 12, 2020. The theme of the program: Leading a Sustainable Future, aimed at strengthening goals to achieve an improved facility maintenance culture in Nigeria.

    IFMA Nigeria was founded in 1995 by a special group of professionals drawn across the industries within the built environment including Architects, Civil Engineers, Electrical Engineers, Builders, amongst others who had a burning desire to provide Nigeria with the opportunity of developing a maintenance culture that will shape the future of the country. The association, in collaboration with University of Lagos, has pioneered a professional master’s degree programme in Facility Management.

    The anniversary celebration was adorned with professionals across the construction industry, real estate, and facility management professionals including Ms. Nike Adekanbi, the General Manager, Lagos State Infrastructure and Asset Management Agency; Engr Femi Akintunde, Group Managing Director/CEO, Alpha Mead Group; Professor Modupe Omirin, Dean of Faculty of Environmental Sciences, University of Lagos; Arc. Tina Onokwai, Director, Federal Public Asset Maintenance in Ministry of Works & Housing and other members of the association.

    In his welcome Address, Mr. Segun Adebayo, the President of IFMA, Nigeria Chapter applauded the Federal Ministry of Works and Housing under the leadership of Mr. Babatunde Raji Fashola, the honourable Minister of Works and Housing for a commendable job in ensuring the assent of Executive order 11 on National Public Buildings Maintenance.

    “The effort of the Ministry of Works & Housing on this laudable achievement has indeed renewed our hope of providing professional attention to the Country’s numerous facilities and her growing infrastructure. In fact with this feat, I am delighted to say that maintenance culture has fully resurrected in our nation”, the President of IFMA Nigeria said.

      While speaking on the future goals of the association, the President revealed their readiness to continue to provide leadership and direction in the built environment through Innovative Initiatives, use of Technology, Specialized Trainings and strategic collaboration that translate to the actualization of a transformative future in the built environment.

      According to him, the theme of the event clearly validates the leadership of the association in the industry and also confirms them as a forward-thinking Association. “This you can see in our endless advocacy and strategic collaborations with credible public and private institutions”, he added.

      In his concluding remarks he urged everyone present to be steadfast in the practice of facility management in order to lead a sustainable future.

      Mr. Babatunde Raji Fashola, the Minister of Works and Housing who was the keynote speaker for the event joined and reiterated the relevance of facility management.

      “It is important to mention that facility management is a very expansive area of human activity that involves a diversity of skills whose impact will remain with us for a long time”, the minister said in his speech.

      He also acknowledged the work of Ms Nike Adekanbi in ensuring the goals of Lagos State Infrastructure and Asset Management Agency are fulfilled and on track.

      He concluded by admonishing the private sector to take ownership and responsibility of facility management because, according to him, the private sector accounts for the majority of buildings and infrastructure in Nigeria.

      As the event came to a close, five students each from five Government Technical Colleges in Lagos including Government Technical College, Ikotun; Government Technical College, Ikorodu; Government Technical College, Epe; Government Technical College Agidingbi, were equipped with toolboxes, safety jackets and safety helmets as their discipline of learning falls within facility management. The twenty-five students were promised employment upon completion of their education by some industry operators who attended the event.

    • British International Investment and Citi agree US$ 100 million risk-sharing facility, to unlock supply chain finance for African businesses.

      British International Investment and Citi agree US$ 100 million risk-sharing facility, to unlock supply chain finance for African businesses.

      …New partnership to increase financial access for underserved businesses, including women-owned and Broad-based Black Economic Empowerment (BBBEE) enterprises, promoting productivity and economic inclusion across the African continent.

      British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has signed a US$ 100 million risk-sharing facility for supply chain finance with Citi, a global leader in trade and supply chain finance solutions.

      The new facility will provide systemic liquidity and help Citi grow its supply chain finance product across Africa. The facility will enable Citi to increase supply chain finance facilities to existing customers and offer them to new customers. These facilities bring much-needed working capital to supply chains as they allow suppliers to Citi’s corporate clients to be paid early and at a beneficial rate of finance.

      The facility will be targeting SME suppliers and those underserved or excluded businesses. It will boost Citi’s annual supply chain finance volumes in Africa by up to US$ 400 million, with amplified capital support that will enable businesses to better manage cash flow and onboard new suppliers to the supply chain, ensuring the continued flow of goods and services. This will help expand the scope of local businesses and ensure productive and inclusive economic opportunities for diverse groups and communities.

      The partnership between Citi and BII, formerly known as CDC Group, will help bring flexible capital in local currency to markets where access to finance can be limited for businesses, due to the risk that local and international financial institutions attach to lending to the SME space in Africa, and exacerbated by the Covid-19 pandemic. The facility uses an innovative structure that is a first in this market.

      Under the facility, BII will act as a guarantor for supply chain finance facilities provided by Citi, mitigating the financial risks involved. BII and Citi have agreed to set impact criteria to ensure that flexible capital is being directed toward underserved groups and BBBEE enterprises for whom access to capital can be limited. The increased working capital will promote financial inclusion, support SMEs and improve the resilience for diverse suppliers and buyers, which will help strengthen Africa’s supply chain and keep trade flowing across the continent.

      Admir Imami, Director, Head of Trade & Supply Chain Finance, British International Investment, said: “BII’s Trade and Supply Chain Finance (TSCF) programme has supported US$ 20.9 billion of trade across Africa and South Asia through partnerships with regional, international financial intermediaries. Our partnership with Citi presents an opportunity to help catalyse greater commercial capital to African businesses, bolstering trade and supply chain activities throughout the continent.

      This agreement demonstrates the potential for flexible British finance combined with strategic partnerships to help reinforce Africa’s supply chains, foster dynamic UK-Africa trade links, and accelerate sustainable economic growth across the continent.”

      Chris Cox, Global Head of Trade & Working Capital Solutions, Treasury and Trade Solutions, Citi said: “We are delighted to come together with BII to support the growth of supplier financing in Sub-Saharan Africa. Citi is committed to helping economic progress in the communities in which we operate. This agreement will enable us to expand our supply chain finance offering and increase credit to suppliers most in need, in particular the small and medium-size enterprises that normally have limited access to financing.”

      The investment aligns with SDG 8 – Decent Work and Economic Growth and SDG 17 – Partnerships for the Goals.

    • Zedcrest Announces Sponsorship of Africa Business Summit in London

      Zedcrest Announces Sponsorship of Africa Business Summit in London

      …Adedayo Amzat, Others to Speak on ‘Financing the Startup, Policy for Investment’ in Africa

      Africa’s new-age principal investing and financial solutions powerhouse, Zedcrest Group will serve as a silver sponsor of the 20th edition of Africa Business Summit (ABS) taking place at the London Business School, United Kingdom on Saturday, 14th May 2022.

      The Africa Business Summit has established itself as a leading forum for shaping an integrated and innovative perspective on Africa’s future. The Summit is a student-led initiative of the London Business School (LBS) that attracts an audience of over 500 investors, policymakers, business leaders, professionals, diaspora, students, and alumni.

      In a statement issued by Zedcrest, the company explained that its decision to sponsor the summit was borne out of the need to promote an inclusive economy in Africa and to further extend the company’s prosperity inclusion advocacy to Africans in diaspora, and foreign investors.

      According to Adedayo Amzat, Group Managing Director, Zedcrest Group, “With 70% of Africa’s population under the age of 30, the continent is really the last frontier for global companies and investors hunting for the next big markets to deploy both capital and products.

      “The continent has also witnessed a huge leap in the quantum and quality of entrepreneurial efforts, particularly in the emerging technology world. African founders have proven that they are world-class in applying innovative technologies in solving our everyday problems. However, the local capital markets haven’t developed enough to facilitate this growth, leading to a disproportionate reliance on foreign capital.

      “Domestic capital pools from the Banks, Pension Funds, Asset Managers and HNIs will need to be mobilised to support the growth of innovation on the continent”, he said.

      He opined that the number of deals and funding in African startups has been growing over the last few years, and the ratification of the African Continental Free Trade Agreement (AfCFTA) could also boost the African startup ecosystem by creating the biggest Free Trade Area in the world.

      The Summit themed: ‘Africa Post-Pandemic: Unlocking the Next Frontier of Growth’, will have Abdourahmane Cissé, Minister, Secretary-General, Presidency of Ivory Coast and Juliet Ehimuan, Director, Google West Africa as keynote speakers.

      Panel speakers for the plenary sessions are Adedayo Amzat, Group Managing Director, Zedcrest; Admassu Tadesse, President of TDB Group; Serge Ekué, President at BOAD (West African Development Bank); Kudazyi Hove, Entrepreneur and Board Member; Caleb Usoh, Country Director (Nigeria) at OCP SA; Ido Sum, Partner at TLcom Capital; Jonathan Brenton, Head of International Trade at Pernod Ricard; Dr. Davis Musinguzi, Co-Founder & CEO at Rocket Health; Eren Kelekci, Chief Investment Officer, Food and Agriculture at African Development Bank Group.

      Other speakers include Habiba Ben Barka, Chief of Africa Section at UNCTAD; Colin Coleman, Former CEO Goldman Sachs SSA, Yale Fellow; Fani Titi, CEO at Investec; Joseph-Alain Saraka, Chief Strategy Officer at ARISE; Peter Nyeko, Co-Founder and Managing Director of Mandulis Energy; Ibrahim Sagna, Director Advisory & Capital Markets at Afrexim; Mohamed Dabbour, CEO at Aesthina Partners Ltd and Thione Niang, Founder at JeufZone Farm.

      Zedcrest Group (“Zedcrest Capital” or “Zedcrest”) is the parent company of Zedvance Finance Limited, a leading consumer lending firm; Zedcap Partners, a foremost securities brokerage firm engaging in the broking of financial products in sub-Saharan Africa Over-the-counter (OTC) Fixed Income and currencies markets (FICC). Zimvest, an asset management firm licensed by the Securities Exchange Commission (SEC) is also a subsidiary of the Group.

      Zedcrest was recently recognized as the fastest-growing firm in Nigeria’s financial services sector, the second fastest-growing company in the country and the fifth fastest-growing in Africa in the 2022 Financial Times ranking for Africa’s Fastest Growing Companies published on its official website.

      The company was also recognized as the 2022 Best Proprietary Investments Firm in Nigeria by International Business Magazine, a Dubai-based business and financial reporting publication.

      The tickets for the summit are on sale now and you can register when you visit https://www.lbsafricabusinesssummit.org.

    • AVCA set to host Second Venture Capital Summit & Anounces New Board Members

      AVCA set to host Second Venture Capital Summit & Anounces New Board Members

      Following the African Private Equity and Venture Capital Association’s (AVCA) successful 18th Annual Conference, held from Tuesday 26th – Wednesday 27th April, the association introduced its second Venture Capital (VC) in Africa summit on Thursday 28th April. The conference convened over 500 leaders in the private equity (PE) and venture capital industry to discuss emerging trends and strategies to maintain sustainable growth of VC investment in Africa.

      ‘Tokunboh Ishmael, co-Founder and Managing Director, Alitheia Capital, opened the summit with a welcome address where she described the surge of international interest in Africa’s thriving VC sector as a decisive opportunity to learn from Africa’s evolving private equity ecosystem over the years.  She said, “There is still much to learn from African PE. We have the investors and skill to solve some of the continent’s most pressing problems.”

      Advocating for knowledge exchange and deeper collaboration in a growing industry, she continued by saying: “Let’s use the insight and expertise that has catalysed success across geographies to unlock the scale and growth of more bright ideas and ambitious companies leaping us further into the future. I can’t wait to see the next 20 years of Africa’s PE and VC landscape.”

      The summit proceeded with a panel charting the development of Africa’s early-stage investment landscape over the years, unpacking how it has become a recognised and distinguished investment class.

      Speakers including Tarek Assaad, Managing Partner, Algebra Ventures; Maurizio Caio, Founder and Managing Partner, TLcom Capital; Michael Oluwagbemi, Co-Fund Manager, LoftyInc Capital Management; and Shruti Chandrasekhar, Regional Head, Africa, International Finance Corporation, exchanged perspectives on the continent’s expanding technology ecosystems; trading views on how to bridge the “valley of death” that ensnares so many high-potential African start-ups and addressed the increasing participation of private equity firms in the venture capital space.

      Maurizio Caio, Founder and Managing Partner, TLcom Capital, commented: “It’s important that we focus on how to make sure that the ecosystem’s growth is healthy. Let’s turn the excitement from capital deployment into an impetus that makes sure global capital investors see VC in Africa as the destination to go to. More PE investors should allocate capital to VC.”

      A conversation exploring the concept of unicorns harked back to 2021, a year that saw a record four African start-ups reach billion+ dollar valuations. VC champions Tidjane Deme, General Partner, Partech; Hany Al-Sonbaty, Managing Partner, Sawari Ventures; Khaled Ben Jilani, Senior Partner, AfricInvest and Brian Waswani Odhiambo, West Africa Director, Novastar Ventures examined the business models attracting high-level investor interest as well as the prospects for the industry seeing similar stories of success in the future.

      The summit continued with a series of plenary sessions centred on how early-stage VC investors are faring in Africa’s growing late-stage market; diversity, equality and inclusion; and workshops focussed on data, governance, and effective solutions to navigate complex country-specific and regional financial, legal, and regulatory frameworks.

      The summit progressed with an entrepreneur showcase and sessions addressing the implications for the diversification of capital streams. Thabiso Foto, Chief Financial Officer, Founders Factory Africa; Ory Okolloh, Partner, Verod Kepple Africa Ventures; Nthabiseng Thema, Director, Sango Capital, and Folake Elias-Adebowale, Partner, Udo Udoma & Belo-Osagie discussed strategies to overcome the bottlenecks – posing viable routes for corporate ventures, investment holding companies, fund of funds and private equity firms to crowd into the early-stage investing space.

      In a panel bringing together global perspectives speakers addressed the market drivers for Africa’s continued attractiveness to international investors, the rising diversification of actors in Africa’s VC ecosystem, and the spread of corporate venture capital supporting new and dynamic entrepreneurial ventures in Africa.

      Highlighting the vast opportunities within a flourishing and nascent VC ecosystem in Africa, Ben Marrel, Managing Partner, Breega, said: “It is undeniable – Africa has strong demographics. Like all markets, they are never perfect – but it’s important to identify how massive problems can be transferred into massive opportunities, and this is how pioneering companies are formed.”

      As AVCA marks the onward journey ahead for a private capital industry at an inflexion point, the association announces new Board Chairs and Committee Members. Accordingly, the Board of Directors of the African Private Equity and Venture Capital Association (AVCA) has appointed Paul Botha as Chair; Genevieve Sangudi as Vice-Chair; Mark Kenderdine-Davies and Jennifer Mbaluto as Chair, and Co-Chair of the Legal & Regulatory Committee (LRC), effective immediately.

      Abi Mustapha-Maduakor, Chief Executive Officer, AVCA, added: “I am delighted to have Paul and Genevieve as AVCA’s Chair and Vice-Chair. Their support as existing Board members, and their extensive knowledge and experience in the industry, will be invaluable as we lead AVCA towards delivering on our ambitious goals for 2022 and beyond. I would also like to thank the outgoing Chair, ‘Tokunboh Ishmael, and Vice-Chair, Ziad Oueslati, for their unwavering commitment, support and leadership of AVCA over the past four years. AVCA is unquestionably stronger for their contributions.

      She added: “Additionally, I am delighted to welcome Mark and Jennifer as AVCA’s LRC Co-Chairs. Their collective experience and deep expertise will be instrumental in defining the committee’s deliverables over the coming months. Our appreciation to the outgoing LRC Committee Chair, Geoffrey Burgess, for his outstanding commitment and valuable guidance over the past five years.”

    • Lagos Chamber of Commerce Seeks NCC’s Partnership on 2022 ICTEL Expo

      Lagos Chamber of Commerce Seeks NCC’s Partnership on 2022 ICTEL Expo

      The Lagos Chamber of Commerce and Industry (LCCI) has sought the collaboration of the Nigerian Communications Commission (NCC) for the successful execution of the 2022 Information Communication Technology and Telecommunication (ICTEL) Expo. This was the focus of the discussion between the two organisations, during a courtesy visit by delegates from LCCI to the Commission in Abuja recently.

      Speaking during the visit, which took place at NCC’s Head Office (Annex) Mbora, Abuja, the Director, Trade Promotions, LCCI, Seriki Oyediran, said that the objective of the visitation was to discuss with the Management of NCC toward achieving the objectives of the 8th Edition of the ICTEL Expo focusing on: “Ensuring Efficient Digital Infrastructure in Nigeria.”

      Oyediran acknowledged that the participation of NCC at the annual trade fair in previous years has added colour, focus and clarity, and ensured the success of previous events. He, therefore, called on the Commission to partner with the Chamber to enable it to record greater success in the ICTEL 2022 edition.

      Responding, Director, Digital Economy, Dr. Austin Nwaulune, who received the delegation on behalf of the Executive Vice Chairman of NCC, Prof. Umar Danbatta, applauded LCCI for its consistency in organising the annual conference. Nwaulune stated that the theme of this year’s conference aligns with the Commission’s focus on facilitating infrastructural development and deployment to enhance socio-economic development of Nigeria.

      Demonstrating the connection between the thematic focus of the conference and NCC mandates and activities, Nwaulune explained that, through the NCC, the Federal Government has established various policies such as the Nigerian National Broadband Plan (2020-2025), which is being vigorously implemented to improve broadband infrastructure across the country.

      Dr. Nwaulune also recalled efforts of the Commission in ensuring that the seven Infrastructure Companies (InfraCos) already licensed by the telecom regulator accelerated their infrastructure deployment across the six geo-political zones of the country.

      The Director commended the organisers for the calibre of sponsors listed for the expo and asserted that the event will be a hub for stakeholders such as Mobile Network Operators (MNOs), InfraCos, and international organisations, and offer them the opportunity to glean developments in the country and to deepen their interests in promoting innovation, competition.

      In his comments, the NCC Director, Consumer Affairs Bureau, Efosa Idehen, explained that the Commission has evidently adopted an open-door policy and particularly through its consumer-centric initiatives. He also emphasised that the Commission appreciates collaboration with stakeholders whose programmes allow consumers to interact with the service providers.”

      The NCC prioritises the consumers. We, therefore, see this forthcoming expo as another opportunity for the consumer’s voice to be heard as they interface with service providers. This is based on our regulatory mandate of ensuring that consumers of telecommunications services get value for their money and are treated right as critical stakeholders in the telecom ecosystem,” Idehen stated to reiterate NCC’s commitment to the promotion, protection and defence of the interests of telecom consumers.

    • NCC Moves to Strengthen Colocation, Infrastructure Sharing Market Segment

      NCC Moves to Strengthen Colocation, Infrastructure Sharing Market Segment

      …engages PwC to conduct study on competition level

      The Nigerian Communications Commission (NCC) has commenced the process of conducting a study to assess the current level of competition in the colocation and infrastructure sharing (CIS) segment of the Nigerian telecommunications sector. Seventy-eight licensees are currently operating in that market segment.

      The study is to enable the Commission to have insightful and evidence-based facts to glean the dynamics at play and ensure the continuous growth of the CIS segment of the telecom market. The NCC takes this issue as a priority in view of the critical role played by the colocation and infrastructure sharing segment of the telecom ecosystem in ensuring robust services.

      Already, the Commission has engaged the services of Messrs. Price Waterhouse Cooper (PwC), one of the world’s reputable consulting firms, to conduct the study on its behalf, in exercise of NCC’s regulatory functions as provided in the Nigerian Communications Act (NCA), 2003. The study is expected to be concluded between April and July, 2022.

      Speaking at the NCC’s stakeholders’ forum recently organised in Lagos on the commencement of the study, the Director, Policy, Competition and Economy Analysis (PCEA) at NCC, Yetunde Akinloye, who represented the Executive Vice Chairman of the Commission, Prof. Umar Garba Danbatta, said the forum was hosted to intimate operators in the CIS segment of the telecom market on the study and to secure their buy-in and cooperation with the consultants undertaking the study.

      Akinloye reasoned that, in line with its mandate of creating an enabling environment for competition among operators in the industry as well as ensuring the provision of qualitative and efficient telecommunications services, the NCC periodically conducts studies to assess the level of competition in the industry.

      “Having successfully conducted competition assessment studies in 2005, 2010 and 2013, the Commission had issued determinations based on the findings of the studies while the outcome of such studies has also enabled the Commission to come up with various regulatory interventions and initiatives to continuously provide a level-playing field for the interplay of market forces. These procedures are emplaced by the Commission to ensure fair, efficient, and sustainable competition in the Nigerian telecom industry,” Akinloye said.

      Despite the measurable progress made by the Commission, Akinloye stated that, since the successful completion of the 2013 study, there had been significant development and activities in some market segments of the industry that had necessitated the conduct of another competition study.

      For instance, at the time the 2013 study was conducted, the CIS market segment was still at the embryonic stage and as such, much emphasis was not placed on it. However, “The CIS segment has recorded significant growth and transformation over the years having about 80 licensees, operating in the segment while its performance and activities continue to impact significantly on other segments of the Nigerian industry. The Director PCEA also informed that activities in the CIS market have also attained the targets set out in the Nigerian National Broadband Plan (2020-2025)”.

      Akinloye further declared that the overarching objective of the study is to provide current insights into the level of competition in the CIS market segment and articulate strategies to enhance opportunities in the market, as well as ensure the deepening of competition which will ultimately support the provision of innovative services for the benefits of both market players and the consumers at large.

      “Therefore, in line with NCC’s participatory approach to regulation, this initial stakeholders forum has been convened to formally introduce the project and the appointed consultants to the industry”. Akinloye informed participants and asserted that the forum provides opportunities for stakeholders to gain understanding of the objective, scope, and methodology of the study, as well as to ensure that questionnaire or Request for Information (RFI) developed by the consultants to access the level of competition in the market are well understood.

      Thus, Akinloye rallied the stakeholders to see the forum as an opportunity “to seek and receive clarification based on a presentation delivered by the consultant and to make comments on issues relating to the study. She urged all participants to “commit to the objectives of the study, by providing complete, timely feedback to questionnaires.”

      Director, Technical Standards and Network Integrity at NCC, Bako Wakil, also joined Akinloye in seeking the full cooperation of licensees in the CIS segment of the telecom market whenever they are approached by the consultants for relevant information either through the instrumentality of the RFI or through one-on-one sessions with consultants in the course of the implementation of the study.

      According to Wakil, the study is in the interest of the CIS licensees, other players and the consumers. It will also provide the Commission with useful and evidenced-based insights necessary to ensure healthy competition and a level-playing ground in the CIS segment and ensure sustainability in the growth of the telecommunication industry.

      “Also, rest assured of the confidentiality of any information provided to the Commission in the course of this study, no matter how sensitive,” Bako said to the enthusiastic audience.

      Earlier in her presentation to telecom stakeholders at the event, Partner at PwC, Mary Iwelumo, amplified the voice of the Commission on the objectives of the study and urged them to cooperate with the firm in providing accurate, timely and adequate responses to the RFI or the questionnaire that would be administered. This will ensure that appropriate information are obtained to address the challenges in the sector.

      Iwelumo stated that the study is to analyse the structure and operations of the collocation and infrastructure sharing segment of the telecoms market, draw out insights and advise the Commission on necessary regulatory interventions required.

      Iwelumo further listed three major tasks of PwC in the execution of the study to include: gathering data, reviewing and analysing information that would be sourced from the Commission, the operators, other jurisdictions for benchmarking; engaging identified stakeholders to get feedback and suggestions after the completion of market assessment; and finally to make recommendations and prepare the study report.

      “Operators are very critical to the success of the study. Therefore, they would be involved in this critical assignment, as important sources of information, as provider of technical inputs, and finally, help to validate the findings of the study,” Iwelumo said to underscore the role of operators in the study.

    • Cable Equiano: Pantami, Danbatta Pledge Enabling Policy Environment for Wider Connectivity

      Cable Equiano: Pantami, Danbatta Pledge Enabling Policy Environment for Wider Connectivity

      The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim (Pantami), and the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, have promised to continue to drive policy initiatives that promote investment in infrastructure in the Nigerian telecom industry in order to deepen connectivity to enhance the nation’s growth and development.

      The duo stated this on the sideline of the reception marking the landing of the Equiano undersea Cable System in Nigeria at the Open Access Data Centre at Lekki in Lagos. Pantami and Danbatta commended Google LLC, the West Indian Ocean Cable Company (WIOCC), and other investors for bringing additional bandwidth capacity into the country to drive connectivity and growth.

      While Pantami was represented at the event by NCC’s Executive Commissioner, Stakeholder Management, Adeleke Adewolu, Danbatta was represented by the Executive Commissioner, Technical Services at NCC, Ubale Maska. Other senior management staff of the Commission at the event included the NCC’s Director, Technical Standards and Network Integrity, Bako Wakil, and the Controller, NCC’s Ibadan Zonal Office, Yomi Arowosafe.

      The Minister said the Federal Government, through the Ministry, will continue to drive the implementation of existing digital economy-oriented policies already put in place by the current administration. Pantami also promised an enabling environment that encourages foreign and local investment in infrastructure projects such as the way Google and its co-investors have done.

      Also commenting, Danbatta said the Commission’s expectations, initiatives, and vision towards increasing broadband penetration, quality of service, advancement of a digital economy, and commitment to improving national security through technological advancement, are on the priority list of its regulatory interventions.

      Danbatta expressed delight that Equiano has joined the list of other submarine cables at the shores of Nigeria, including SAT3 cable, MainOne cable, Glo1 cable, ACE cable, WACS cable, Dolphin by Natcom, and MTN respectively.

      The EVC assured stakeholders of the Commission’s commitment towards ensuring that the huge bandwidth capacity from these cables at shore in Lagos would be transmitted to different part of the country to drive robust and ubiquitous infrastructure. This is in keeping with the provisions of the digital economy policy being implemented by government in collaboration with all stakeholders.

      The EVC expressed optimism that Google’s investment in the subsea cable, Equiano, will be significant in driving NCC’s ongoing implementation of the Nigerian National Broadband Plan (NNBP) 2020-2025, which aims at increasing broadband penetration to 70 percent by 2025.


      “We are hopeful that Equiano, together with earlier undersea cables in the country, will have additional landing points in the hinterlands through collaborative efforts with NCC-licensed Infrastructure Companies (InfraCos). This will help to reduce retail data prices significantly and thereby complementing the Commission’s efforts at ensuring that affordable Internet services are available to boost Commission’s ongoing broadband policy initiatives”. Danbatta stated and thereby helped to reiterate the objective linkages of policies and plans in the telecom ecosystem, and the national economic strategies.


      Meanwhile, the Lagos State Governor, Babajide Sanwo-Olu, who also witnessed the unveiling of the Google submarine cable, underscored its centrality to Nigeria’s ongoing efforts to boost job creation and contribution to the country’s Gross Domestic Product (GDP), over the next three years.

      The Chief Executive Officer (CEO) of WIOCC, Chris Wood, also described the landing of the submarine cables as a major investment in the Nigerian digital economy.

      The new cable system is named after a Nigerian hero, Olaudah Equiano, who survived enslavement in the 18th century and went on to become a famous writer and anti-slavery activist. Besides, the triumph over challenges, which Equiano’s life symbolised, the landing of the cable in Nigeria is expected to underscore Nigeria’s leadership as a regional hub for connectivity, and thus, set to attract cloud operators, content providers, content distribution networks and their associated ecosystems.

    • NCC Urges Consumers to Protect Telecom Infrastructure, Others

      NCC Urges Consumers to Protect Telecom Infrastructure, Others

      The Nigerian Communications Commission (NCC) has emphasised that telecommunications consumers in Nigeria have a major role to play in complementing efforts being put in place to ensure effective protection of telecommunications infrastructure. This is important to sustain and improve on the quality of service delivery by the service providers.The Commission made this request and assertion recently at a sensitization programme it organized at Wannune, Tarka Local Government Area of Benue State.


      According to the Commission, aside from the role of the law enforcement agencies in protecting telecom infrastructure, the consumers, who are the subscribers and ultimate users of telecom services, have an obligation to do everything to protect telecoms infrastructure in their environment. These include the base transceiver stations (BTS), the underground fibre optic cable, as well as associated infrastructure.


      Addressing audience at the programme, the Director, Zonal Operations, NCC, Amina Shehu, decried the problem of vandalism caused to telecom infrastructure which often result in poor quality of service delivery to the end users.“One of the major challenges to quality of service that operator provide to you, is vandalism of telecom infrastructure, such as Base Transceiver Stations (BTS). Others are theft, hostility from some host communities, which have continued to pose a major setback to the industry. Therefore, it is imperative for the public to regard telecom facilities as collectively-owned infrastructure that are crucial and essential for the provision of efficient and acceptable telecom services. The more reason these facilities need to be adequately protected,” she urged.


      While imploring the indigenes of Tarka Local Government Area of Benue State to ensure that they protect telecom facilities in their community, Shehu, who was represented at the event by an Assistant Director, Zonal Operations, NCC, Abubakar Usman, further enjoined the consumers to always alert law enforcement agencies close to them once they suspect any act of vandalism, theft or other suspicious activities directed at telecom infrastructure because such nefarious activities have implications for quality of service delivery in the communities.


      Shehu underscored the centrality of telecommunications sector to the economy and she also informed the audience that in the last 15 years, telecom has been a major contributor to the nation’s economic growth and development.

      The Director Zonal Operations said the Commission will continue to collaborate with relevant agencies and keep sensitising the consumers on their role in ensuring the security of telecom infrastructure.
      One issue Shehu discussed in her speech was the misinformation about Electromagnetic Frequency (EMF) radiation emanating from telecommunications infrastructure which she asserted was not harmful according to studies conducted by the International Telecommunication Union (ITU), World Health Organisation (WHO) and the International Commission for Non-Ionising Radiation Protection (ICNIRP).


      Shehu stated that the overall objective of the event is to sensitize members of the public on the need to protect telecommunication infrastructure, and more importantly, to correct the misconception people have on the effect of radio magnetic waves on human health. “So, the Commission is saying again to you that there is no scientific evidence yet that shows that radiation from telecom masts constitute health hazards to human and we want you to help spread this information to those that are not here,” she said.

      During the event, participants were also enlightened on the illegality of pre-registered Subscriber Identity Module (SIM) cards, the imperatives of proper SIM registration, the importance of National Identification Number,NIN-SIM linkage exercise. The consumers were also informed about facilities provided by the Commission which they can use to improve their telecom experience and quality of life in general. These include the NCC Toll-free Number (622); the 112 National Emergency Number; and the Do-Not-Disturb (DND) 2442 short code for managing cases of unsolicited text messages, amongst others.

      Meanwhile, the Paramount Ruler of Wannune, Chief Gandeorun Orokaa, who attended the event, thanked the Commission on behalf of the participants for bringing the sensitization programme to the Community to educate the consumers on sensitive consumer-related issues as well as correcting wrong notions and clarifying misconceptions. He also called on the indigenes to support NCC in protecting telecoms infrastructure so as to ensure that quality of service improves in the areas.


      The event ended with an audience session, where questions and answers were asked, and observations and recommendations were also made on many aspects of telecom services. In attendance at the event were Local Government workers, Village Heads, Community leaders, Students, Women leaders, Staff of the Nigeria Security and Civil Defence Corps (NSCDC).

    • NCC, Google Collaborate to Drive Nigeria’s Digital Transformation

      NCC, Google Collaborate to Drive Nigeria’s Digital Transformation

      The Nigerian Communications Commission (NCC) and Google Global Services Nigeria have expressed determination to work together toward advancing the actualisation of auspicious national targets for ubiquitous broadband access in furtherance of Nigeria’s digital transformation policy. This aligns with and gives unambiguous expression to NCC’s strategic vision plan centering on strategic partnership and collaboration with necessary stakeholders in order to achieve regulatory objectives.


      The two organisations made the commitment when a delegation from Google Global Services Nigeria paid a courtesy visit to the Commission’s Head Office in Abuja recently to deliberate on viable collaborative interventions to propel digital transformation across the country and Africa.


      Receiving the Google delegation, the Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of NCC, Prof. Umar Garba Danbatta, said the Commission’s expectations, initiatives, and vision towards increasing broadband penetration, quality of service, advancement of a digital economy and commitment to improving national security through technological advancement are at the front burner of its regulatory interventions.


      Underscoring the importance of such synergy between the Commission and Google, Danbatta, who was represented by the Executive Commissioner, Technical Services (ECTS), NCC, Engr. Ubale Maska, said the Commission looked forward to making the initiatives of both parties more impactful by enhancing cooperation between the NCC and Google Nigeria for quantifiable and remarkable impact.


      The EVC expressed optimism that Google’s investment in the subsea cable, Equiano, which is expected to land in Nigeria by end of April 2022, will be more impactful in driving NCC’s ongoing implementation of the Nigerian National Broadband Plan (NNBP), 2020-2025, aimed at increasing broadband penetration to 70 per cent by 2025.

      “I am hopeful that Equiano will have additional landing points in the hinterlands through collaborative efforts with the licensed Infrastructure Companies (InfraCos) to reduce retail data prices significantly and thereby complementing the Commission’s efforts at ensuring affordable Internet services are available to boost the Commission’s ongoing broadband policy drive,” he said.


      Earlier in her remarks, the Director, Google West Africa, Juliet Ehimuan, who led the delegation to NCC, commended the NCC for its consultative approach in formulating regulatory policies, as engine room for optimal delivery of telecommunications services that will in turn impact the digital economy drive of the government.

      She particularly applauded the Commission for its seamless, fair, credible, impartial and successful auction of the 3.5 Gigahertz spectrum for the deployment of Fifth Generation (5G) in Nigeria, stating that it is evident that both the NCC and Google share a common goal. 

      According to Ehimuan, demands for internet services have increased the need for more capacity, and sustainable collaborations with all relevant stakeholders within the public and private sectors. She asserted that Google’s commitment of $1billion across five years in various interventions will support digital transformation in Nigeria and across Africa.

      Ehimuan stated that research has proven that Africa will have an additional 300 million Internet users and Nigeria will lead in that number, given its current statistics of over 141 million internet subscribers and broadband penetration of over 40.88 percent as at January 2022.


      The Equiano cable system is the third private international cable owned by Google and the 14th subsea cable invested by Google. Equiano connects Portugal and South Africa, running along the West Coast of Africa, with branching units along the way that can be used to extend connectivity to more African countries. The first branch is expected to land in Nigeria by end of April 2022.

    • Encomiums as Okodu Bows out of NCC

      Encomiums as Okodu Bows out of NCC

      Durojaiye Anthony Okodu is an unusually calm, friendly, stylish and very considerate staff of the Nigerian Communications Commission (NCC). A man without negative airs, yet he carries himself with avuncular grace. His physical persona is marked by an exceptional gait that matches his physique. A man of naturally tall framing devoid of excess fat that makes him able to move swiftly and magisterially. Importantly, Okodu’s humility and affable disposition easily endear him to everyone.

      So, expectedly, last Friday, April 8, 2022, staff of NCC gathered at the imposing auditorium of the Commission’s Head Office Annex at Mbora District, Abuja, to honour Okodu, also known as “Baba Naira”, as he bowed out of NCC having reached the mandatory retirement age of 60 years and after 28 years of meritorious service.

      Okudu began his career at the Commission in July 1994, as a cashier on transfer from the erstwhile Ministry of Communications, where he was headhunted by a former director of the Commission, Felicia Onwuegbuchulam. From then on, he had risen through the ranks before eventually retiring as a Principal Manager, Projects, at NCC.


      At the well-attended valedictory session, staff, friends, and well-wishers of Okudu, paid glowing tributes in torrents to the man who can aptly be described as a man of the people. Many were nostalgic and poignant while others were joyous, optimistic and tellingly introspective that Okodu would thrive in the next phase of his life.

      In her remark, the NCC’s Director, Projects, Iyabode Solanke, who is Okodu’s last supervisor before his retirement, and who was Okodu’s head of Department while they both worked at the Commission’s Department of Financial Services, extolled the retiree for his dedication, as well as his dressing code and excellent work ethics, which she said are worthy of emulation. Sholanke was represented by a Deputy Director in the department, Philip Eretan, who also attended the valedictory session in his own capacity as a friend of Okodu.


      In the same vein, NCC’s Director, Zonal Operations, Amina Shehu, in her goodwill message, stated that in every interaction she had with Okodu, she had observed his stellar qualities, such as empathy, kindness, and gentleness. She added that he was also consistent in everything he did.


      For Dr. Ikechukwu Adinde, NCC’s Director, Public Affairs, who also attended the valedictory party, anyone would be easily impressed by Okodu’s level of dedication to duty, which has become a mark of Okodu’s outings and career at the Commission. Adinde said that Okodu was not merely ever-present whenever he was needed most, he also, every so often, displays emotional intelligence, and never lost his temper no matter the level of provocation. “I am also impressed by Okodu’s social networking skills which had enabled him to remain connected with every staff,” Adinde emphasised.

      The Director, Compliance Monitoring and Enforcement, at the Commission, Ephraim Nwokonneya, profoundly recalled the attributes exhibited by Okodu that are so quite distinctive when he had the opportunity of working with Okodu in the Financial Services Department of the Commission.


      Nwokonneya said when he was assigned to the Department of Financial Services of the Commission as a Principal Manager, he had worked closely with Okodu, who characteristically was full of zeal and energy. He said Okodu was very efficient and easily endeared himself to everyone. Nwokonneya encouraged him to look at retirement as a time of rejuvenation, reflection and prosperity.


      A longtime companion and friend of Okodu, who was so evidently elated at Okodu’s befitting retirement, Olatokunbo Oyeleye, a Deputy Director at the New Media and Information Security Department of the Commission, said Okodu made her beginnings at the Commission a wonderful experience. To Oyeleye, Okodu is more than a colleague, “he is a brother,” she said and proceeded to recall with gratitude when she joined the Commission as a fresh graduate, “Okodu and his wife accommodated me, taking me under their wings”.


      This humane side of Okudu was underscored by Hafsat Lawal, Head, Consumer Policy Development and Monitoring, who asserted that Okudu was a mentor and a friend in need. “He is reliable and dependable, exuding high level of understanding in all matters and he would go out of his way to ensure everyone was comfortable,” Lawal said.


      Former staff of the Commission were also not left out of the celebration. Among them, who attended and poured encomiums on Okodu, are Felicia Onwuegbuchulam, who retired from NCC as Director, Consumer Affairs two years ago, and Abubakar Yakubu, a former Director at the Commission who voluntarily retired in 2019.


      Onwuegbuchulam, a noted friend and confidant of Okodu who influenced Okodu to join the Commission 28 years ago, said she had no regrets in recommending Okudu to the Management of the Commission at the time. She said she was gratified that Okodu did not only had a chequered career at the Commission, he also excelled remarkably.


      Yakubu, in a goodwill message he sent to the valedictory programme which was read on his behalf, praised Okodu for his dedication to the Commission. He declared that Okodu was one of the few staff who would work long hours, and would even work at home. He added that Okodu’s commitment and relentlessness to delivering on his assigned duties were total and spectacular.


      Okudu, who spoke at the end of the speeches, thanked the audience and all those who had honoured him with their presence and kind words. Reflecting on the occasion with philosophical calmness and thanksgiving to God, Okodu said there had to be an end to every beginning but he thanked God for the privilege to witness his retirement day alive. While expressing delight over all the goodwill messages received, he enjoined the younger staff who would be taking over the baton, to be hardworking. He also advised that Commission can only thrive if staff remain hardworking in a consistent manner, and are dedicated and loyal to the Commission.


      Other contributors at the event included Ajoke Atte, Head, Procurement; Solomon Igbayue, Assistant Director, Policy Competition and Economic Analysis; Emeka Nnama, Senior Manager, Zonal Operations; and Anthony Bassey, Senior Manager, Administration, all staff of the Commission who extolled Okodu’s distinctive virtues and dedication to the aspirations of the Commission. They all wished Okodu a life of grace and bliss in retirement.