News
Opeke, TD Lead Other Speakers @ EduNet 2014

Ms. Funke Opeke, chief executive officer, Main One Company and Harry ’Tomi Davies (TD) shall be leading other speakers at the 4th Edition of Education Network Conference -EduNet 2014 which begins on Monday.
EduNet 2014 is to be hosted by the ICT Centre and the Institute for Entrepreneurship Development Studies of Obafemi Awolowo University in Partnership with Tel Aviv University Entrepreneurship Centre (StarTAU), Israel.
The theme of this year’s event scheduled for May 20-22, 2014 is: “Fostering Technology Entrepreneurship in Nigerian Universities”
The three day event will look at issues around building Technology Entrepreneurship Ecosystem within the Nigerian University Community with key examples from the Israel Technology and Innovation Ecosystem.
“We are happy to host this year’s EduNet Conference at the ICT Centre of the University,the idea of fostering Technology Entrepreneurship in Nigeria is key to economic development of the country. That is why our centre will be playing key roles in the conference” Prof Adeshola Aderounmu, director ICT centre of ObafemiAwolowo University, said.
Oren Simanian, founder, Tel Aviv University Entrepreneurship Centre and his team from Israel will lead discussions on How Nigeria can create Technology Entrepreneurship Ecosystem with lessons from Israel (Start-up Nation).
“Our Entrepreneurship development centre in Tel Aviv University has contributed greatly to the development of the entrepreneurship and the Startup ecosystem in TelAviv,Israel and so we are happy to partner with Nigerian Institutions to help share ideas and develop the ecosystem in Nigeria bearing in mind the triangle of innovation around the world is held together by the cooperative endeavor of the Government, the academic community, and the Technology Industry.We see EduNet 2014 as a great platform to start off such discussions” Simanian, said.
“This year, having seen the need for Nigerian universities to lead in the development of technology entrepreneurship in Nigeria, the 4th edition of EduNet conference now has a new task hence the focus this year is on building Technology Entrepreneurship/incubation centres to foster entrepreneurship in Nigeria.
“In other to start off discussions around the building of these tech centres in Nigerian Universities, EduNet 2014 (hosted by the ICT centre and the Institute for Entrepreneurship Development studies of the Obafemi Awolowo University, Ile-Ife)will provide the platform for discussions with the Government, ICT directors of Nigerian Universities, Regulatory authorities of the Nigerian Universities, Funding/partnering organizations and the Technology industry in Nigeria in collaboration with Tel Aviv University Entrepreneurship Centre (StarTAU) Israel and the Israel Startup Network,” Kenneth Omeruo, coordinator, EduNet 2014 added.
Presentations and Panel discussions will be focused on the following: Accessing the state of Technology Entrepreneurship in Nigerian universities with a view of proffering strategies and solutions for Technnovation in Nigeria; Building Entrepreneurial Ecosystem: The Israeli ”Start Up Nation” story; The role of government in fostering Technology Entrepreneurship in Nigerian Universities; Private sector support in Building Technology Entrepreneurship Centres in Nigeria and the World Bank as a strategic partner in Entrepreneurship Development.
Others are funding as key to the success of Technology Entrepreneurship; the concept of Technology Incubation and acceleration as major ingredient in growing entrepreneurship; how to create an Entrepreneurial University; tech transfer and commercialization: Tel Aviv University case studies; developing partnership and collaboration as key to the success of Entrepreneurship; success stories of leading Technology Entrepreneurs in Nigeria and start Up Nigeria: From the Pitch to Turning Ideas into profitable Ventures: What does it take.
Other speakers expected at the conference are Oren Simanian, founder and chief executive officer at Tel Aviv University; Prof .Adesola Aderounmu, a Professor in the Department of Computer Science and Engineering, Obafemi Awolowo University, Ile-Ife; Professor Francis Adesina is a professor of Geography; Dr.Olatunde Adekola senior education specialist in the Africa Regional Department of the World Bank based at the Nigeria Country Office, Christopher Pruijsen, co-founded several youth enterprise programmes in the UK and abroad, among others.
News
Atte, Nigerian Develops AI Algorithm for Hair Transplants

Atte Ayodeji, a Nigerian computer scientist,has developed an artificial intelligence algorithm capable of detecting, counting, grouping and generating healthy hair follicles during hair transplant procedures, an innovation that earned him the Best Innovative Technology award.

Atte Ayodeji
Ayodeji also graduated with a Distinction in his Master of Science (MSc) in Computer Science from Birmingham City University on Friday, adding another milestone to an impressive academic year.
Beyond his award-winning hair transplant innovation, the Nigerian researcher developed a system and framework on Explainable Artificial Intelligence (XAI) as a professional responsibility in the diagnosis of lung cancer.
His dissertation received a silver award at the PGXPO2026 Winter, further highlighting the impact of his research in applying artificial intelligence to healthcare.
Sunday Dare, special adviser on Media and Public Communication to President Tinubu, celebrated Ayodeji’s achievements in a post on X, recalling how he first met him in 2019 during his National Youth Service.
“In 2019 when I became a Minister of the Republic, I met a young man of medium height, genteel with penetrating eyes: Atte Ayodeji. His words rarely come out and he could easily be passed by unnoticed. But I noticed him especially when my SA Kemi Areola brought him to me asking my approval for him to do his Youth Service in my office. I approved. From then on he was unstoppable. His brilliance shown and he developed skills beyond his frame.”
Highlighting Ayodeji’s recent accomplishments, Dare congratulated him saying, “Congratulations Atte. I am proud of you!”
News
FG to Abolish Subsidies in Power Sector in 2027 – Minister

Mr. Joseph Tegbe, minister of Power, has said that the federal government plans to end power sector subsidies from 2027 and that there are no immediate plans for tariff increases.

Mr. Joseph Tegbe, minister of Power
The minister told journalists during the media interactive session at the weekend that the government has announced plans to phase out electricity subsidy payments from 2027 as part of efforts to address mounting liabilities in the power sector.
He explained that the planned removal forms part of the broader reforms aimed at ensuring the long-term sustainability of the electricity sector, while tackling the financial challenges confronting the industry.
According to the minister, despite the planned subsidy withdrawal, there are no immediate plans to increase electricity tariffs, reassuring consumers that the government is not considering a tariff hike in the short term.
News
AfCFTA Urges Africa to Stop Exporting Raw Materials

Patience Okala, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office has urged African countries to stop exporting raw materials and instead focus on adding value to its natural resources if it is to fully harness the opportunities offered by the African Continental Free Trade Area.

She stated this on Thursday at the Streamsowers & Köhn 20th Anniversary Business Forum, where she stressed that value addition and beneficiation are essential to Africa’s industrialisation and long-term economic growth.
According to a statement issued on Friday by the Nigeria AfCFTA Coordination Office, she said the AfCFTA goes beyond the elimination of tariffs, serving as a framework for industrialisation, value addition, and job creation across the continent.
“AfCFTA is not only about tariffs; it is also about value addition. Africa has to stop exporting raw materials. We need to add value and ensure that beneficiation is done on the continent,” she said.
Okala also said Africa’s economic transformation would depend on the effective implementation of the AfCFTA rather than on the signing of trade agreements alone.
“We have moved beyond negotiations. The success of AfCFTA will be measured by the extent to which businesses can access new markets, trade seamlessly across borders, and benefit from the opportunities created by the agreement,” she said.
She noted that Nigeria had intensified efforts to implement the agreement under the leadership of the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, including the development of simplified AfCFTA guides in six languages to help businesses understand and take advantage of opportunities under the trade pact.
Okala called for stronger collaboration among governments, regulators, and the private sector to eliminate barriers to trade and investment and build a truly integrated African market.
“As we move from policy to implementation, our collective responsibility is to ensure that the opportunities created by AfCFTA become practical realities for businesses, particularly MSMEs, women-owned enterprises, and young entrepreneurs across the continent,” she said.
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