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FG Urges NITDA, NCC, Galaxy Backbone to Support Innovations of Nigerian Champions @ WSIS

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The Federal Government has directed the National Information Technology Development Agency (NITDA), Galaxy Backbone Limited and Nigeria Communications Commission (NCC) to collaborate with the seven champions of the World Summit on the Information Society Forum (WSIS) which includes the winner of WSIS 2022 to ensure that their innovative solutions are of global benefits.

Professor Isa Ali Ibrahim (Pantami), the Honorable Minister of Communications and Digital Economy and Chairman of WSIS 2022, made this known in Abuja during the awards presentation ceremony of WSIS Champions for 2020, 2021 and 2022.

“I want to use this opportunity on behalf of Federal government of Nigeria to direct NITDA, Galaxy Backbone and NCC to look at your solutions and identify where you need support so that the solution will not just remain as a startup, but rather we want to build the solution here and becoming the tech giant at least in the next few years and this is our ambition”, the Minister said.

Prof. Pantami stated that he is hopeful after the three institutions of government have had sessions with the WSIS champions, they will have their performances reviewed and rendered support where necessary so that their solutions will go beyond where they are presently and be of global benefit.

He said the WSIS event, which took place in Geneva, Switzerland had technical sessions where youths around the world were challenged to submit their projects covering e-health, e-agriculture, e-education and other fields.

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“The heads of the technical session presented their results to me in Geneva and I am glad to say that some of our young innovators emerged as the global winners and champions”, he said.

The winner for the WSIS 2022 Hackathon is Afrilingo by Franca Umasoye Igwe while the other six champions were, Association of Women in Technology in Nigeria by Martha Alade (2022); Initiative for Mothers with Cerebal Palsy Children in Nigeria by Rachael Inegbedion (2021); Top Up and Get Reward Limited by Samuel Babatunde (2021); Wizwish International Farm by Wisdom Ikpechukwu (2020); Chipsnbrain by Oluwaseyi Akinolu (2020); and Makerspace Project by Oreoluwa Lesi (2020)

Prof. Pantami said because there wasn’t any formal sessions for 2020 and 2021 due. to COVID-19, the winners and champions for the aforementioned years were presented their awards during WSIS 2022.

“Furthermore we are all aware that the Federal Government through the ministry and office of the Chief of Staff to President worked on the Nigerian startup bill which has already been passed by both arms of the National Assembly; we believe that in the next few days Mr. President will look into it and it will become a law.

He opined that when the startup bill is eventually passed into law, it will be among the major achievements of not only this administration but throughout the history of the Digital Economy and ICT in Nigeria.

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“In that bill, there are provisions of so many benefits for our young innovators and startups, like pioneer status, grants, incentives, loans and also the law when approved will establish a presidential council where Mr. President will chair the council and he will be supported by the Vice President and the Minister in charge of the Digital Economy will be the vice-chair, where government, private sector and young innovators will come together; look into their challenges and Mr President will give directives there and then for the sector to continue to be very successful”, Prof Pantami.

The CEO, Afrilingo, Franca Umasoye Igwe thanked the Minister and Federal of Nigeria for the recognition.

While one of the WSIS champion Mrs. Martha Alade, Chief Executive Officer of Women in Technology in Nigeria appreciated the Honorable Minister’s effort to personally present their awards to them and not have them couriered which she said shows how passionate Prof Pantami is about startup and the ICT ecosystem in general.

WSIS is the largest ICT event where development of the sector is put in the front burner. All the 193 United Nation countries are members.

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Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

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Ogba Ogbaga, an Abuja-based lawyer, has said that he has been instructed to institute legal proceedings against MTN Nigeria, Airtel Nigeria, Globacom, 9mobile and MultiChoice Nigeria, operators of DStv, over what he described as unfair consumer practices relating to expiring data bundles and television subscriptions.

Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

In a statement posted on Facebook, Ogbaga said his law firm, GIMBG Legals, received instructions from its client, KAA, also known as KaaTruths, to challenge the companies’ subscription policies in court.

According to him, the proposed suit will question whether telecom operators and DStv’s subscription models comply with provisions of the Federal Competition and Consumer Protection Act (FCCPA) 2018 and other applicable laws.

Ogbaga alleged that telecom providers operate internet data services that are unfair to consumers, claiming subscribers sometimes do not receive the services they paid for but still lose their subscriptions once the validity period expires.

He also criticised DStv’s subscription model, arguing that consumers lose paid viewing time due to factors such as power outages, adverse weather conditions and service interruptions, while subscriptions continue to count down regardless.

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“Our clients have complained that MTN data services are unduly one-sided,” Ogbaga said, adding that the legal action would also extend to other telecommunications providers and DStv.

He said the court action would seek judicial determination on whether the companies’ subscription practices comply with consumer protection laws.

The lawyer also invited interested legal practitioners to collaborate on the case, saying his firm would provide updates as the matter progresses.

In a separate Facebook post on Wednesday, Ogbaga said previous policy discussions, town hall meetings and debates at the National Assembly had failed to address the concerns raised by consumers.

He argued that telecom operators regularly carry out maintenance and network upgrades that temporarily disrupt services without extending customers’ subscription periods, while DStv subscribers also lose viewing time because of electricity outages and weather-related disruptions.

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NAICOM Issues New Licences to 43 Recapitalized Insurers

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The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the industry’s new minimum capital requirements, marking the formal beginning of a new regulatory era aimed at strengthening the financial capacity, governance and global competitiveness of Nigeria’s insurance sector.

At a ceremony held at the Commission’s headquarters in Abuja, the Commissioner for Insurance, Olusegun Ayo Omosehin, presented the new licence certificates to compliant operators, describing the exercise as a major milestone in the industry’s recapitalisation programme.

According to the Commission, a total of 43 insurance companies declared compliant with the new capital requirements are expected to receive the new licence certificates in phases.

Omosehin congratulated the successful companies, saying the issuance of the new licences signals the beginning of a stronger regulatory framework anchored on improved capitalisation, sound corporate governance, innovation and sustainable growth.

He urged operators to leverage their enhanced capital base to develop innovative insurance products, improve operational efficiency and deepen insurance penetration across the country.

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The Commissioner said the Commission expects the recapitalised companies to deliver stronger financial performance while maintaining high standards of professionalism and customer service.

He also announced that NAICOM’s next major regulatory initiative would be the implementation of the Risk-Based Capital (RBC) framework, under which insurers’ capital levels would be aligned with the risks inherent in their respective business portfolios.

According to him, the new framework will further strengthen the industry’s resilience by ensuring that insurers maintain capital commensurate with the risks they underwrite, thereby enhancing policyholder protection and boosting market confidence.

Omosehin reaffirmed the Commission’s commitment to removing regulatory impediments where necessary while maintaining effective oversight to safeguard policyholders and strengthen confidence in the insurance market.

The issuance of the new licence certificates marks the commencement of a phased transition to higher capital standards aimed at improving the financial capacity, solvency and claims-paying ability of insurance companies operating in Nigeria.

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Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

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Management of Nigeria CommunicationsWeek Media has withdrawn its publication titled “Adefolarin Ogunsanya and the Allegations of Shareholder Interference and Self-Dealing at Pan African Towers,” which was published on its platform.

Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

The decision to retract the story follows an editorial review to ensure that the platform maintains the highest standards of accuracy, fairness and responsible journalism in reporting matters that are the subject of ongoing judicial proceedings.

Nigeria CommunicationsWeek acknowledges that the issues raised in the publication remain before the courts and have not been finally determined.

Accordingly, the organisation has decided to remove the article from its platforms pending the conclusion of the legal processes or the availability of additional verified information.

The publication regrets any inconvenience or misunderstanding the report may have caused to readers or any individuals or organisations mentioned in the story.

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Nigeria CommunicationsWeek remains committed to the principles of balanced, factual and ethical journalism and will continue to uphold professional standards in its coverage of judicial and corporate governance matters.

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