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Demand for ICT Driven by Technology Advances –Chife

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Dr Aloy Chife, founder /chief executive officer, SW Global Limited, an application service provider  has disclosed that consumption of information technology services is as a result of increase in technological development  which ability to buy depends on the health of the economy  at a particular point in time.  He also said that technical expertise, innovative services and effective marketing are responsible for the profit companies make.
Delivering a paper at the CTO 2009 titled Partnering for Success: Global Perspective on Systems and Software Development which held at the Muson Centre, Onikan Lagos, Chife said the conference serves to highlight the fact that the increasing rapid diffusion of new technologies should serve as a poignant reminder that local markets are no longer protected by national walls or boundaries. He said this development should inspire Nigerian firms to desire to acquire the knowledge and tools necessary to improve their competitiveness. Chife is optimistic that strategic partnerships with global firms would enable African companies leverage their local capacities with international expertise to deliver cutting-edge solutions specifically tailored for the challenging environments of developing countries.
He identified inherent challenges of systems and software development to include scalability, user friendly and high investment costs- capital and resource allocation  even as he said that the market norms/structure require investment in infrastructure/IT literacy, challenges and issues that the western world would not have thought of ,  newly developed regulatory framework for regional ICT markets , significant transformational impact on society which  he said is still possible,  while on innovation , he believes that developing world will not follow the path ‘most traveled ‘saying it will require unique and untried development paths .
On the global perspective in the ICT marketplace, he said there is an increased outsourcing / off-shoring activity and that the competitive playing field between industrial and emerging market is leveling even as he said there is streaming search for untapped revenue.
Having said that wealth created today is different from how it was created in the time past, and that we now live in a digital economy where there no physical boundaries, Chife said that African needed to be provided with tools they need to compete on the world stage and that we have to effectively balance the western and African perspectives to be able to develop an innovative and profitable platform for growth.

 


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Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

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Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.

Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

Participants at the event

Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,

This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.

While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.

Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.

It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.

Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.

Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.

 

 

 

 

 

 

 

 

 


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As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

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While 85 per cent of Nigeria is in darkness, Tanzania, an African country has shut down five hydroelectric stations in a bid to reduce excess electricity in the national grid.

As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

Kassim Majaliwa, prime minister, Tanzania, has said the main plant, Mwalimu Nyerere Hydroelectric Station, alone generated enough electricity to power major cities, including Dar es Salaam, the country’s commercial hub.

It is the first time Tanzania, which suffers chronic power shortages, has closed hydroelectric stations due to excess production.

“We have turned off all these stations because the demand is low and the electricity production is too much, we have no allocation now,” an official from state-run power company, Tanesco, said.

The 2,115MW Julius Nyerere Hydropower Dam is said to be almost filled with water following heavy rains that started early this year.

Meanwhile, while the country has an installed capacity of 1,938MW and the grid installed capacity of 1,899MW, Nigeria which has an installed capacity of 13,000MW is struggling to electrify 85 per cent of its electricity consumers.


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President Tinubu Appoints Jim Ovia as Student Loan Fund Chairman

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President Bola Tinubu has approved the appointment of Jim Ovia, renowned banker and businessman, as the Chairman, Board of the Nigerian Education Loan Fund.

Jim Ovia

Jim Ovia

Ovia’s appointment is contained in a State House statement titled, ‘President Tinubu appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund,’ and issued on Friday by Ajuri Ngelale, special adviser to the President, Media & Publicity.

The statement noted that “Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.

“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”

The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.

The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.

“The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds,” the statement partly read.

Ovia’s appointment will also ensure “that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.”


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