E-Business
FG Inaugurates National Blockchain Implementation & Steering Committee

In a bid to fast track the adoption and utilise the gains of emerging technologies, the Federal Government of Nigeria has launched a National Policy on Blockchain Technology and inaugurated Implementation & Steering Committee to oversee its implementation.

The policy, which was launched by Professor Isa Ali Ibrahim (Pantami), minister of Communications and Digital Economy, is to promote the adoption of blockchain technology in Nigeria and to position the country as a leading player in the global blockchain ecosystem.
While launching the Policy on behalf of Federal Government of Nigeria, Professor Pantami recalled that the journey of Blockchain Technology officially started in Nigeria on 28th November, 2019 at the International Conference Centre, Abuja where President Muhammadu Buhari unveiled and launched the National Digital Economy Policy & Strategy (NDEPS) for a Digital Nigeria.
The Minister explained that the seventh pillar which is ‘Digital Society & Emerging Technologies’ out of the eight captured in the Policy, is now achieving the desired progress as Blockchain remains one of the Emerging Technologies.
He said, “In order to implement the seventh pillar, we had to develop other policies, including Policy on Artificial Intelligence and Robotics which brought about the establishment of the first ever National Centre for Artificial Intelligence and Robotics (NCAIR) in Africa, sited here in Abuja”.
“Also, in our efforts to implement the policy, particularly, pillar number seven, we developed the National Blockchain Policy for Nigeria”, Prof. Pantami noted.
Prof. Pantami stressed the importance of the technology to the nation’s Digital Economy drive, noting that the Fourth Industrial Revolution is comparatively the one that has not relegated African Continent to the background, especially as African Nations, particularly Nigeria are actively participating in the revolution which he added is an extension of the third revolution.
“Blockchain Technology, Artificial Intelligence (AI), Robotics, Cloud & Quantum Computing, Virtual & Augmented Reality, Autonomous Vehicle, Bio Technology, 5G, Cyber Security, are all disruptive technologies brought by the Fourth Industrial Revolution and Nigeria is one of the, at least three countries in Africa, that are actively involved in the 4th Industrial Revolution,” he added.
According to the Minister, the success stories of exploits and displays of ingenuity by Nigerian innovators underscore the country’s position as a key player in Africa’s technological advancement and strengthens the country’s position as the leading startup hub in Africa.
While noting the development and subsequent approval of the National Blockchain Policy on the 3rd of May, 2023, Prof. Pantami confirmed that the tech and all its components and types are no more illegal but now legal in the Country.
The Digital Economy Boss maintained that prior to the approval of the policy, a total of fifty six stakeholders and institutions were engaged in the scrutiny of the document.
“This policy is to provide an enabling environment for your teaming young population who are mostly digital natives to partake in critical thinking, identify complex problems, come up with solutions for implementation of adoption in Nigeria or any parts of the world”, Prof. Pantami noted.
Kashifu Inuwa Abdullah, director-general of the National Information Technology Development Agency (NITDA), who earlier welcomed guests to the auspicious occasion said that the event signalled a remarkable milestone in the journey towards achieving a Digital Nigeria where citizens have access to the latest technology, skills and a conducive environment to innovate in the realm of the Blockchain Technology.
Inuwa affirmed that the policy represents a significant leap and the opportunity to create an enabling environment through investments in talents, access to the technology and domestication.
The DG said “this will give our citizens the opportunity to create and capture value from the enormous benefits of the tech”.
Inuwa who quoted PWC that by 2030, the Blockchain Technology will add $1.76Trillion to the global GDP maintained that the plan is to ensure that Nigeria positions itself properly to benefit therefrom.
“If the policy is implemented, Nigeria can gain up to $4B”, Inuwa avowed.
The launch also featured the inauguration of the National Blockchain Policy Implementation/Steering Committee and graduation of 32,022 beneficiaries trained in Blockchain Technology.
The Minister who inaugurated the committee and presented certificates to some of the beneficiaries trained on Blockchain Technology, said by implication, the action is to consolidate on the initiative commenced by the Federal Government.
The committee members numbering about 29 as inaugurated, comprise of representatives from critical sectors of the economy.
Meanwhile, some of the graduates shared their success stories and promised to judiciously utilise the knowledge gained during the training.
They expressed gratitude to the Federal Government through the Ministry of Communications and Digital Economy and NITDA as well as the facilitators for affording them the platform to be trained.
E-Business
FG Unveils ePharmacy Platform to Regulate Digital Pharmaceutical Services

Federal government has inaugurated the Electronic Pharmacy Regulation Platform (E-Pharmacy) to enhance the safety of online healthcare services.

Pic credit….healthreporters.info
The platform, championed by the Pharmacy Council of Nigeria (PCN), is designed to regulate digital pharmaceutical services and improve public health outcomes.
Inaugurating the platform, Prof. Ali Pate, coordinating minister of Health and Social Welfare, said the initiative signified Nigeria’s commitment to building a world-class regulatory environment.
Pate noted that pharmacy regulation had faced significant challenges for over three decades but expressed optimism that the new platform would strengthen oversight and accountability.
He said the initiative would enable evidence-based monitoring of pharmaceutical practices while supporting innovation and investment in the health sector.
“This launch is a testament to our collective commitment to advancing technology in the service of health, safety and human dignity.
“It is a decisive step to ensure that pharmaceutical practice in Nigeria aligns with national and global health priorities, reflecting the realities of the 21st century.
“It enables the country to adopt evidence-based approaches to monitoring and protecting public health while supporting innovation and investment,” he said.
The minister added that the platform would help establish a safe, accessible and well-regulated national e-pharmacy ecosystem driven by digital technology.
Earlier, Alhaji Ibrahim Ahmed, registrar/chief executive officer of PCN, said the need to regulate online pharmacy operations became more urgent during the COVID-19 pandemic.
Ahmed said the pandemic accelerated the adoption of digital tools and e-commerce in healthcare, exposing longstanding inefficiencies in pharmaceutical supply chains, particularly in Africa and Nigeria.
“This has led to the increasing adoption of digitised distribution of essential medicines through cost-effective and technology-enabled models.
“For decades, PCN has regulated pharmacy education, training, practice and business in Nigeria. However, as the world shifts towards digital solutions, access to medicines has evolved.
“The Electronic Pharmacy Regulations 2026 provide a comprehensive legal and technical framework for the registration, licensing, operation and oversight of digital pharmaceutical services,” he said.
He added that the framework would ensure that ethical standards and patient safety are not compromised in the delivery of online pharmaceutical services.
E-Business
Flutterwave Targets Anambra as South-East Tech Hub

Olugbenga Agboola, CEO, Flutterwave, has announced plans to establish Anambra State as the company’s hub for Nigeria’s South East, leveraging a fresh banking license from the Central Bank of Nigeria (CBN) to boost local fintech and businesses.

Flutterwave
Agboola made the disclosure yesterday in Awka during a meeting with Anambra tech community leaders, hosted alongside Dr. Stanley Uzochukwu, CEO, Stanel Group and proprietor, Delborough Hotel.
He highlighted Flutterwave’s status as Africa’s leading payment system, born in Nigeria, with infrastructure powering companies nationwide.
“We want Anambra to be our hub for the entire South East,” Agboola said. “We’ll deploy our systems, fees, infrastructure, and POS terminals to every small business and large firm here, making our services the top consumer choice.”
Agboola pledged a massive impact program for Anambra entrepreneurs to foster global platforms from the state, enabled by the new license for faster growth.
For a decade, Flutterwave has facilitated payments, but now aims to empower South East businesses through partnerships, POS access, loans, and value for SMEs.
“We’re partnering on a huge impact program launching soon—impacting the tech community with technology, financing, and lending to create more millionaires from this city,” he added.
E-Business
NESREA, ACMTI, Others Launch Carbon Utilisation Initiative in Nigeria

The National Environmental Standards and Regulations Enforcement Agency (NESREA), in collaboration with the Africa Carbon Management Technology & Innovation (ACMTI) and the Clean Energy Ministerial Carbon Capture, Utilisation and Storage Initiative (CEM-CCUS), has launched a Carbon Capture, Utilisation and Storage (CCUS) Initiative Platform in Nigeria.

Speaking at the launch in Port Harcourt, Rivers State, Prof. Innocent Barikor, the Director-General of NESREA, described the project as a major milestone in Nigeria’s journey toward environmental sustainability, climate resilience, and industrial transformation.
Barikor explained that the CCUS solution provides an economically viable pathway for industrial decarbonisation by enabling the capture, storage, and utilisation of carbon in sectors such as beverage production, cement manufacturing, chemicals and fuels, enhanced oil recovery, and agriculture.
“We need to reduce carbon in the atmosphere to acceptable levels. Its utilisation offers opportunities to capture and store carbon and deploy it for industrial purposes. We are building a circular economy—turning environmental challenges into economic opportunities in line with regulatory provisions,” he said.
He noted that the CCUS Platform is a collaborative ecosystem designed to bring together key stakeholders, including government institutions, industry leaders, academia, technology developers, development partners, and investors.
Also speaking, the Vice-Chancellor of the University of Port Harcourt, Prof. Owunari Georgewill, commended NESREA for the initiative, describing it as a practical mechanism for coordination, innovation, and action toward Nigeria’s 2035 climate targets and broader energy transition goals.
He added that the university is well-positioned to host the CCUS initiative, noting that its Energy Technology Institute has developed credible expertise in energy transition-related fields critical to the success of CCUS in Nigeria.
On his part, the Coordinator of ACMTI and Facilitator of the Carbon Technology Innovation Platform (CTIP), Dr. Richard Victor Osu, said the vision is to position Nigeria as a regional leader in carbon management technologies while contributing meaningfully to Africa’s climate commitments and global decarbonisation efforts.
Osu explained that Port Harcourt was selected due to its potential as a CCUS hub, adding that the platform will focus on advancing research and innovation, building technical capacity, promoting public-private partnerships, attracting investment, and fostering collaboration with international research and technology partners.
Juho Lipponen of the CEM-CCUS Initiative assured that the organisation would support Nigeria in prioritising CCUS in clean energy discussions, strengthening carbon management deployment programmes, boosting partnerships, facilitating financing solutions, and promoting positive narratives around carbon utilisation.
The event attracted participants from the United States, France, Brazil, Canada, the United Arab Emirates, and the United Kingdom, who shared insights on the initiative.
Also in attendance were representatives of the National Oil Spill Detection and Response Agency (NOSDRA), the National Council on Climate Change (NCCC), the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), the Rivers State Ministry of Environment, as well as private sector stakeholders and development partners.
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