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Tears as IT Professionals Pay Tributes to Late Omatek CEO

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Nigeria Computer Society (NCS), on Monday, gathered Information Professionals practitioners and the academia to pay last respect to the departed, Engineer (Mrs.) Florence Seriki, CEO of Omatek ]Ventures Plc.

Speaking at the commendation service held at the University of Lagos, Professor Sola Aderounmu, NCS’ President, said shocking and saddening are the words considered apt to describe the demise of Engr. (Mrs) Florence Seriki, FNCS, immediate past President of Information Technology (Industry) Association of Nigeria (ITAN), former member of National Executive Council of Nigeria Computer Society (NCS), who suddenly departed the world on Friday March 3rd, 2017 at the Lagos University Teaching Hospital (LUTH).

Engr. Seriki was the founder of Omatek Group and until her death, she served as Chief Executive Officer and Group Managing Director of Omatek Ventures Plc.

On behalf of National Executive Council and members of the Society, he said the Society sincerely commiserates with her family and the entire IT world.

Prof. Aderounmu, said that Mrs. Seriki’s death has left a big vacuum in the quest for local content in the sector.

“She started one of the foremost indigenous OEMs in the country; a thoroughbred professional, energetic, astute manager, articulator, and indefatigable leader”.

Some of the past Presidents of NCS also spoke glorifying words about late Seriki.

“It is very sad indeed that we have lost our ICT originator; the first Nigerian IT woman entrepreneur and owner of the publicly quoted IT Company on the Nigerian Stock Exchange. She was a rare model of diligence and hardwork, an epitome of humility who believed in perseverance and success. We shall surely miss her; she was a great ambassador of the Computer Profession wherever she sent. May her soul rest in peace”, said Chief Don Etiebet, the third President of NCS.

“Dear colleagues, that our Florence is gone, is unbelievable. The good Lord gives and he takes. This time around he has taken one of our very best. I pray God grants her success path to the paradise and also pray he kindly looks after those she has left behind,” said Alhaji Oguneye, eight president of NCS

“Florence, yours was a life well lived. May you find peace in the bosom of our Lord, Jesus Christ. Amen”, Sir Demola Aladekomo, eleventh President of NCS, among numerous tributes from past presidents and Fellows of the Society.

Also speaking, Professor Vincent Asor, president, Computer Professionals (Registration Council of Nigeria) CPN, described her as one of the pillars and resonant voices of the Nigerian IT industry.

He said that until her death, Mrs. Seriki was an active and respected member of the Computer Professionals (Registration Council of Nigeria), [CPN].

“That she saw business opportunity even as a Corp member and turned same to become a business venture known as Omatek, shows how inspired she was and a trail blazer. She might have lived a short life, but her kindness, inspiring words, doggedness and crusading for local content development cannot be forgotten. She lives on in our hearts and we pray God condoles the family she left behind”, Prof. Asor prayed.

Orjinta Orji-Alala, provost, College of Fellows of NCS said that he received the sad news with a rude shock, “as I couldn’t send emails to our members without quoting my source. It was unbelievable to me”.

Giving words of exhortation to the family, friends and IT professionals gathered at the commendations service, Rev’ Professor Adebayo Akinde, urged all to engage on daily life appraisal hence death is inevitable.

Quoting from Philippians 4:8 he said, “Finally, brothers and sisters, whatever is true, whatever is noble, whatever is right, whatever is pure, whatever is lovely, whatever is admirable–if anything is excellent or praiseworthy–think about such things”.

Cross section of attendees at the NCS Commendation Service in honour of Late Seriki held at the faculty of Science, University of Lagos on Monday. 

 

 

 

 
 

 


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Coronation Report Reveals Key Role of Private Sector to Nigeria’s Infrastructure Funding

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The maiden edition of Coronation group infrastructure report has revealed that the private sector has a critical role to play in infrastructure funding in Nigeria.

The report stated that the key to private-sector infrastructure investment is for dealmakers to structure transactions that offer attractive returns combined with an acceptable degree of risk, the risk often being eased by agreements supplied by infrastructure investment vehicles such a Infracorp.

The report said that the investor base can play its part, providing liquidity as part of its own efforts to create long-term returns with low relationship with public markets.

The report noted that Nigeria’s future infrastructure development depends on private capital, including capital allocated to Public Private Partnership (PPP) ventures, given the huge amounts of money required and the inability of government to provide it.

The report explained that the record of the federal government in capital expenditure over several decades highlighted the need for increasing private-sector investment, adding that public expenditure on transportation, education, hospitals, power, housing, and other essential infrastructure has not kept up with the needs of a population growing at a long-term rate.

The report said Public-private partnership differs from government capital expenditure in that it must pay for its capital, noting that it must attract private sector capital and therefore provide better returns than the risk-free returns of government debt.

According to the report, “Inflows of petro-dollars into government coffers did not translate into proportionately more being spent on capital expenditure, surely a missed opportunity. Still worse was to follow in the period 2011-2020 when the average level of public sector capital expenditure fell to 1.1 percent of Gross Domestic Product (GDP).”


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DLM Asset Management Set to Host Webinar to Discuss Financial Stability in Times of Economic Distress

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DLM Asset Management Limited, a subsidiary of DLM Capital Group, is hosting a webinar with the theme, “Maintaining financial stability in times of economic distress.” The much-awaited webinar, slated for Thursday, March 28, 2023, at 11 a.m., is going to cover the essential strategies to navigate through economic challenges and safeguarding one’s financial future.

Hosted by industry experts, the webinar will delve into the following key topics and teach attendees:

  • How to adopt a proactive, knowledgeable, and adaptable approach to risk assessment and mitigation.
  • How to thrive in this present economy and remain financially resilient.
  • Financial planning and discipline

During its interactive Q&A session, attendees will have the opportunity to ask questions and learn more about the subsidiary’s services from the hosts and speakers of the webinar. This includes the DLM fixed income fund, which Nairametrics identified as one of the top-performing Nigerian mutual funds in 2023.

This webinar is designed for investment savvy individuals Income earners, institutional and corporate investors, high net worth individuals, and the mass retail market.

Interested parties can register for the webinar by using this link, which is currently active. Seize the opportunity to gain experience on insightful things and get ready for a rewarding encounter.

 


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Firm Canvasses Affordable Technology to Drive Business Efficiency

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Information Communication Technology (ICT) service provider, Thamani Consulting, has stressed the need to make technology much affordable so as to make businesses seamless and efficient.

Olubunmi Abegunde, Managing Partner of the company, averred that making technology access affordable would enhance its penetration and increase uptake of digital technologies to drive employment growth of more than 22 million Africans joining the workforce each year.

He explained that the organisation remained committed to empowering businesses to thrive in Nigeria’s dynamic environment, hence churns out innovative solutions to address business problems across disciplines.

“Leveraging 20 years of combined market experience executing successful IT Projects with local and multinational organisations, we aim to capitalise on this to improve strategic utilisation of technology in Africa and support capacity building through access to requisite information technology,” he said.

He explained further that the African region more than others need increased usage of digital technologies to level-up globally, noting that polices to drive low-end technology access must be prioritised.

“This is why we do not compromise the balance of quality, standard professionalism and yet affordability in the choice of solutions we offer to clients which include: SAP training and Implementations, Software Asset Management, Plant Maintenance Process Automation and Automation for manufacturing Industries, amongst others.”


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