Ict/Telecom
StartUps Attracted $4bn Into Nigeria’s Economy – NITDA
Director General of the National Information Technology Development Agency (NITDA), Mallam Kashifu Inuwa, has said Nigerian StartUps attracted over $4 billion into the economy in terms of investments.
Inuwa disclosed this recently in Abuja, while speaking at the Innovation Support Network (ISN) 2023 annual summit with the theme: “Unlocking Potential: Collaborating for Growth and Impact’’.
He said NITDA currently has over 500 Startups that had either gone through its programmes, or those that ran in partnership with other stakeholders within the ecosystem.
Based on statistics, he said, Nigeria had over 3000 startups, which was a far cry looking at the 200million population of the country.
He said the theme of the gathering was not only appropriate, but also underscored the reality that collaboration was an innovation leading competitive edge across all spheres of socio-economic activities.
Inuwa commended the efforts of ISN in sustaining the annual event, adding that its contribution to the growth of tech innovation ecosystem remains invaluable.
He also congratulated ISN on the successful launch of ‘Omniverse’, the premier ecosystem platform for tech, innovation, and connected industries on the continent.
The Director General said the initiative would go a long way to build collaborations, connections, community, and content that drive the entire ecosystem to scale investments and share knowledge for a positive, lasting impact.
He said there were quite a lot of challenges in terms of regulation and policies.
“The StartUp Act aims to address the challenges in the ecosystem, providing funding, capacity building and infrastructure to the StartUps.The tech industry thrives on collaboration”, he said.
He, therefore, stated that collaboration was no longer an option, but a necessity for progress and growth.
Inuwa urged that all levels of government, corporations, investors, Venture Capitalists, the academia, hubs, and entrepreneurs must deepen their collaboration.
In her address, the Legal Partner to ISN, Beverly Agbakoba, said by organising the summit it wanted to boost home grown and organic tech businesses, starting from home and stepping out to the larger world.
Agbakoba, who described ISN as the “Hub of hubs” in Nigeria, said over 200 hubs across Nigeria were gathered at the summit, with capacity building support, skill acquisition to engage other youths in job and wealth creation.
‘‘These hubs have done a lot of advocacy training for over 7000 girls in the north. We are also here to give guidance to the hubs. For us, future leaders are all in this room and are ready to contribute their quota to the economy.
“The cardinal focus of gathering was to encourage and strengthen collaboration towards assisting innovators in discovering innovative and efficient solutions to the various problems confronting the economic, social, and governance realms”, she said.
###
Ict/Telecom
‘Space Science, Technology, Pivotal To Renewed Hope Agenda’
The Minister of Innovation, Science and Technology, Chief Uche Nnaji, has remarked that space, science and technology will be crucial to achieving the Renewed Hope Agenda of President Bola Tinubu’s administration.
Nnaji said this during his maiden visit and facility tour of the National Space Research and Development Agency (NASRDA) in Abuja, recently.
The Minister said the space agency had strategic roles in harnessing space, science and technology for national development and technological advancement.
According to him, the giant strides achieved by the space agency resonates both in the country and in the diaspora, and positioned the country as a key player in space exploration and research.
“The present administration of Renewed Hope for Nigerians will undoubtedly enhance the activities of the agency’s contribution to food security, security of lives, property, wealth creation and provision of employment”, he said.
He further stated that his visit to the space agency was to ensure he got information that would be critical in decision-making towards the attainment of his set objectives.
The Minister commended the leadership of the agency for successes recorded, proactive efforts towards sourcing alternative funding through commercialisation of research products and public private partnerships.
The Director-General of NASRDA, Dr. Halilu Shaba, appreciated the minister, and added that the visit is a testament to the importance placed on the strategic role of science, innovation and technology in shaping the future.
Shaba acknowledged the minister’s visionary leadership style.
He, however, assured that the agency would consistently strive to push the boundaries of space exploration and satellite technology for the betterment of the nation.
Ict/Telecom
Cybercrime:Expert Recommends Homegrown Solutions
The Chief Executive Of- ficer of Cybervergent, Mr. Adetokunbo Omotosho, has called for more homegrown solutions to solve cybersecurity challenges in the country.
Omotosho said this in an interview with The Tide’s source in Lagos, recently.
He noted that bringing foreign digital cybersecurity solutions to solve challenges peculiar to Nigeria could be cumbersome and might go through a lot of processes before adaptation.
According to him, Nigeria needed solutions that are developed locally either for cybercrime or physical crime that can be paid for in naira.
He said when cybersecurity solutions are too expensive, only few people would be able to afford them.
“Cybervergent has developed indigenous solutions that is helping the security architecture of Nigeria. Our own solutions are basically compatible with our needs, which do not necessarily require bringing foreign solutions to solve our cybersecurity challenges”, he said.
Also, Omotosho noted that it was essential to establish partnerships between government agencies, academic institutions, and the private sector to promote innovation and the development of indigenous cybersecurity technologies.
He further urged the government to provide support, funding, and incentives to cybersecurity startups working on innovative cybersecurity solutions.
The expert recalled that these startups could play a significant role in creating homegrown technologies.
The Tide’s source gathered that Cybervergent is a technology company providing cybersecurity solutions for large scale and effective solutions.
The company also handles cybersecurity compliance solutions, security, risk and privacy programmes and data security.
Ict/Telecom
‘Blue Economy Has Nexus With Digital Economy’
The Country Lead and ‘Blue Economy Has Nexus With Digital Economy’
Programme Adviser, Global Digital Access Programme, UK Government, Mr. Idongesit Udoh, has revealed that the Nigeria blue economy’s future has a close relationship with the blue and digital economy development of the country.
Udoh said this at the African Maritime Art Exhibition (AMAE) with the theme: “The Convergence: Maritime Meets Information and Communication Technology (ICT)”, in Lagos over the week.
Udoh urged the Federal Govemment on strategic investment in innovations that would bring about the sustainability of the blue economy.
He noted that both joined together was actually the future that would help the country realise the potential of the Blue Economy.
Udoh spoke on the topic: “ICT Disruption for the Sustainability of the Blue Economy”.
According to him, the investment in innovations will bring about the resilience and efficiency of the blue economy and every other positive things to come.
“ICT is an enabler and there are a lot of areas using ICT to aid growth in the blue economy for transportation, tourism and others.
“There is surveillance using Artificial Intelligence, internet of things, cyber security, documentation and storage cloud computing”, he said.
He noted that the creation of a Ministry dedicated to Marine and Blue Economy was a step in the right direction.
“The challenges seen in the sector such as infrastructure, capacity building, finance, funding, is clear that these challenges must be cleared to drive the adoption that is needed”, he said.
He said to aid technology adoption, there was the need for capacity building, exposing key policy makers on possibilities within the ICT sector and how to shore up infrastructure capacity to actually accommodate the level of ICT adoption that was needed.
The Managing Director, Nigerian Ports Authority, Mr. Mohammed Bello-Koko, noted that the lack of port community system in Nigeria had made the nation’s ports the most inefficient port in Africa.
Bello-Koko, represented by the Port Manager, Lagos Port Complex, Apapa, Mr. Charles Okaga, said a review with ports in Ghana, Benin Republic and Togo was done and this showed a drastic drop-in dwell time of cargo from 21 to three days.
“This was achieved because they have a functional port community system. For the success of the system, it also require the Power Holding Company of Nigeria to ensure consistent power supply in the port”, he said.
Earlier, the Founder, African Maritime Art Exhibition (AMAE), Mrs. Ezinne Azunna, noted that the aim of the conference was to help stakeholders find ICT solutions that would drive safer, swifter, more secure and cost effective operations and innovations.
“AMAE uses photograph, textile art, paint, sculpture and other motifs/subjects to tell stories and support caused around the blue economy.
“It remains the singular exhibition in Africa built around the portraiture of the blue economy and its causes, using aesthetic and semiotic elements”, she said.
-
Niger Delta4 days ago
Cleric Tasks Adventist Church’s New Leaders On Service
-
News2 days ago
Shettima Unveils Meter Manufacturing Factory
-
Sports1 day ago
NBPL Final Four: Winning Tournament Excites Rivers Hoopers Player
-
News4 days ago
Fubara Thanks God For Wisdom, Guidance At All Times
-
Business4 days ago
CBN Blames Crude Production Decline For Nigeria’s Economic Downturn
-
News2 days ago
FRSC Records 23% Reduction Of Road Crashes In 2023 -SGF
-
Crime/Justice4 days ago
Why Correctional Service Centres Need Better Attention
-
Politics4 days ago
Edo 2024: Shaibu Declares For Governorship, Says No One Can Stop Me