General News
ICT Key to Nigeria’s Economic Development-Orlando

Orlando Olumide Odejide is the CEO of G4V, a leading business consulting, system integration, training and capacity building services company.
Odejide has over a decade experience as an IT professional and as a project Manager. He has worked with reputable companies in Nigeria, in the United Kingdom and some part of America. He spoke to funmi ilesanmi on a wide range of issues.
Overview of Operations
The name of our company is called Global Foresight Advantage. We call it G4 really because that is easier us and for people to pronounce and what that means is that foresight gives us an advantage globally. As at today, we operate in three African countries, hopefully by the end of 2010, we would be in about six or seven African countries.
Three key things that G4 does is; one, we do what is called business consulting, the second is what is called system integration and the third is training and capacity building services. When we say business consulting, what that means is that we help clients look at their businesses and optimize their processes, so process optimization is an essential part of it. We help clients develop unbalanced score cards, make measurements for their business and we help them look at key areas of process improvement and things like that. So when we say systems integration, we are Microsoft Gold Partners with competencies in advanced infrastructure, licensing, information web postulations and we are also Cisco Partners with specialization in security and data centre. We train various people and corporate organizations primarily on various solutions and technologies. As an organization, we have 60 consultants working in Lagos, Abuja, Duala and in Accra, Ghana.
Relationship with Allied Computers
G4V is a part of the Allied Group; Allied Computers is also a part of that same group.
Software Development in Nigeria
The business of software development in Nigeria is a market that has existed before hand and is getting better as the days go by. The needs of a lot of clients’ businesses in Nigeria both in the banking and telecommunications sectors are significantly improving and becoming much more complex so they do not need generic software anymore. They need extensions and customization for the generic software, that is where I see the growth part in the industry. Also, the key area is around business historical data but now they need to be able to mine the data to get a lot of intelligence out of it, so in the software development business, we would see a significant growth as the years go by.
Virtualization
Virtualization is key. You need to understand it and go with it, take advantage of it now or you would be left behind because virtualization allows you to completely maximize your resources, reduce your cost and increase your capacity as an organization.
Developing the Economy with ICT
IT is about the improvement of businesses. IT helps businesses to be more effective and more efficient at what they do. The growth of any economy at all has to be completely dependent on IT to improve and increase their productivity. It means it would grow and our economy in Nigeria is very much dependent on it. When you look from the hospitality sector to the financial services, to telecommunications and to manufacturing, the dependency of IT is there. The more these businesses want to grow and expand, the more their dependence on IT increases. Both of them go hand-in-hand and the business becomes completely dependent on IT.
Impact of Relationship with Microsoft
Like I said, we are Microsoft’s Gold partner with about five different competencies in that area, so because of that, Microsoft has been extremely supportive of us and the various initiatives we have embarked upon over the last couple of years. From marketing initiative, advertising initiative to the ability to create value added technologies to some of our clients. Microsoft has been supportive in terms of that and the Microsoft Blue Coast strategy is a working strategy, Microsoft support its partners and we are the recipient of one of such support.
Microsoft Nigeria Country Manager Leadership Award
The award means a lot to us. For one, it is a recognition of the goodwork and the hardwork we have put into all the things that we have been doing. Prior to that, from the perspective of us been able to further drive our value proposition with our clients, Microsoft basic core business that we do as an organization to promote the certified goal of the organization who are all Microsoft certified so it is an essential part of our strategy.
Prediction of IT in Nigeria
It will get some significant growth I can guarantee you and one of the good things I know would happen rapidly is our ability to export IT out of the country so we will be able to export resources, export capabilities out of Nigeria into other countries, especially all the African countries. It is a major economic growth factor and it will just keep getting better.
Manpower
An essential part of what we do is training and capacity development because the people locally need skills and they need capabilities and that is what it is that we are also doing to be able to build those skills; not only in terms of certifications but giving our people the right capabilities to do whatever it is they need to do. It is an essential part of what will happen and we are in a position to help Nigeria as a nation with the development of its workforce.
Challenges
The major challenge in the environment is purely infrastructure. Infrastructure can be termed as: number one, power and obviously the absence of broadband which will happen in the next 12 to 24 months to guarantee very available broadband access. Primarily, it is the absence of power because you know everybody, the telcos, the service providers, everybody is completely dependent on power and that is the major hinderance to the development and growth of IT in Nigeria.
Impact of the Meltdown on G4V
The global meltdown has affected everybody. Before we started this interview, one of our business partners came in and he was saying and you know and everything was at a halt. So you know that has been difficult but nevertheless we will survive and we will not only survive, we’ve thrived even in a recession and we have been able to reposition better to do integrated things in years to come.
Support rendered to clients
We have looked at dedicated support plans for various technologies and solutions that we sell to our clients. From the data centre perspective, we help a lot of our clients with data centre implementation and optimization. Outside of the data centre area of work, we help a lot of our clients also with intranet development and software development and also messaging, collaboration and unified communication. We have great dedicated support staff and we have a very dedicated service desk for all the solutions.
Corporate Social Responsibility
One of the things that we do as a way of giving back to the society is working with the government and educational institutions, basically to facilitate initiatives and to actually go into training their people at no cost on process optimization and the use of technology to better equip their businesses and their organizations. It is one of the key things that we are heavily involved in.
Regulation of the software industry
There is a combination of things that needs to be done and it is a joint effort between we technology partners and technology providers like Microsoft and Cisco and established institutions like Coren and software, and builders computer association to be able to step down, have some form of discussion with regards to software standards, development standards, technology standards and how these things can be adopted locally. It is not what someone can do alone; it will have to take a joint effort.
Locally manufactured software
Locally manufactured are the software and a lot of them have come a long way. We have more than 10 locally manufactured software that have been in business for more than 10 to 15 years. I think it has come a long way and I think it’s a good thing. I encourage a lot of them to get the ISS certification for their software and to actually start making exportation of these software to other African countries.
Supporting local software manufacturers
From the support perspective, I think the key thing that can be done is basically for the government to give them rebate in terms of tax rebate, in terms of investors’ solutions rebate and support to help them to actually standardize their supply and put them in a position to be able to export it for the good of themselves and the nation in general.
G4V in the next five years
In another five years, we will definitely be a pan African IT company. We are planning to be in three or more countries next year and to increase this. We have a five-year plan of been in 20 African countries and to have offices and clientele in each of these locations, that is our plan.
General News
Union Bank Looted: How Former Directors Gambled with Billions and Nearly Destroyed a National Bank

The former directors and owners of Union Bank did not just fail, they engineered a financial disaster. They manipulated reports, hid massive losses, diverted foreign loans and treated depositors’ money like a private wallet.

Union Bank
Investigators uncovered billions of dollars in misconduct. These directors buried over ₦250 billion in losses, piled a $300 million foreign loan onto the bank without protection and then forced Union Bank to carry the burden. They even used the bank’s own funds to buy its shares, an outrageous betrayal of trust.
It didn’t stop there. Over $100 million was pulled out improperly, leaving the bank exposed and struggling. Loans meant for customers were secretly diverted into shady transactions. False reports were sent to lenders. The system was deliberately deceived.
This was not incompetence. It was exploitation.
By 2025, their actions had created nearly ₦400 billion in losses and over ₦147 billion in unpaid charges. The bank was on the edge.
The Central Bank of Nigeria (CBN) stepped in just in time. Without that intervention, Union Bank could have collapsed, dragging others down with it.
Now, the bank is stabilising. But let’s be clear: this recovery is happening in spite of those former directors, not because of them.
They didn’t build value. They destroyed it.
And Nigerians deserve to never forget who was responsible.
General News
FG, Others Say Nigeria Wastes 38m Tonnes of Food Annually

Federal government, The European Union (EU), and the United Nations Industrial Development Organisation (UNIDO) have called for urgent and coordinated action to curb food waste and promote sustainable consumption and production practices.

They warned that when food is wasted, the water, energy, and labour invested in its production are also lost, accelerating climate change and undermining global efforts to build a zero-waste, circular economy.
Speaking in Abuja at the commemoration of this year’s International Zero Waste Day, themed “Food Waste Reduction: Minimisation and Valorisation,” Zissimos Vergos, deputy Ambassador of the EU Delegation to Nigeria and ECOWAS, disclosed that Nigeria wastes approximately 38 million tonnes of food annually, more than any other country in Africa.
He further noted that globally, in 2022 alone, nearly one billion tonnes of food—almost one-fifth of all food available to consumers—was wasted.
“This is not just a loss of food; it is a squandering of precious resources, a missed opportunity to combat hunger, and a direct threat to our planet’s health,” he said.
Vergos stressed that food loss and waste are major drivers of environmental degradation, contributing up to 10 per cent of global greenhouse gas emissions—nearly five times the emissions of the entire aviation sector—and accounting for as much as 40 per cent of global methane emissions.
Highlighting Nigeria’s ongoing efforts, he said: “The Nigeria Circular Economy Roadmap, the establishment of the Interministerial Circular Economy Committee, the push to develop a National Plastic Waste Management Regulation, these are not small gestures. These are structural shifts.
“They signal that Nigeria is not waiting for someone else to solve its problem; it is building the system to solve it from within. Now, today’s theme: food waste reduction, minimisation and valorisation, is the right conversation at the right moment.”
Vergos also shared three key lessons from the EU’s experience to support Nigeria’s efforts. First, he urged investment in rural infrastructure, including roads, storage, and cold chains, to address post-harvest losses beyond the farm gate. Second, he emphasised the need to promote agro-processing by converting fresh produce into value-added products such as tomato paste and cassava flour, while linking smallholder farmers to processors and markets.
Third, he called for embedding zero-waste principles, recycling, and resource efficiency into school curricula from the primary level to foster a culture of sustainability among future generations.
Reaffirming the EU’s commitment, he stated, “The EU stands ready to be your partner in that work, through funding, through technical cooperation, and through genuine solidarity.”
In his keynote address, Balarabe Abbas Lawal, minister of Environment, reiterated the Federal Government’s commitment to environmental protection and sustainable practices aimed at safeguarding the health and well-being of Nigerians.
“Food waste remains a significant challenge that affects not only our environment but also our economy and society. Every discarded meal represents wasted resources such as water, energy, labour, and capital, while Nigerians continue to face food insecurity.
Addressing food waste is therefore central to sustainable development and ensuring a healthier future for all,” he said.
He added: “The Federal Ministry of Environment, in this year’s national appropriation, has developed projects on food waste elimination in major markets around Nigeria. And this is to show you that the Federal Ministry of Environment is tackling the issues of food waste at its core, especially post-harvest losses.”
Stressing the broader impact, he noted that addressing food waste aligns with the Ministry’s core objectives. “Reducing food waste will not only help to lower pollution and greenhouse gases, but also conserve valuable resources and promote more efficient and responsible consumption patterns across households, businesses, and institutions,” he added.
Also speaking, Amb. Philbert Johnson, Director and Representative of UNIDO’s Sub-Regional Office in Nigeria, emphasised that food must not be wasted, especially in a country grappling with food insecurity and malnutrition.
“Food is far more than a commodity: it is a foundation of wealth, a driver of health, and a pillar of security. It sustains our homes, supports industries, and underpins the stability of our societies.
“When food systems function efficiently, they generate income, enhance resilience, and improve well-being. When food systems fail, when food is lost or wasted, the consequences ripple across our economies, our environment, and our communities.”
He reaffirmed UNIDO’s commitment to supporting Nigeria in building resilient, inclusive, and sustainable agro-industrial systems.
General News
FG Orders Installation of 5000 CCTV Cameras for Surveillance in Plateau

President Bola Ahmed Tinubu has directed the immediate installation of 5,000 CCTV cameras across identified flashpoints in Plateau State as part of urgent measures to address the worsening security situation in the state.

The President gave the directive during an emergency visit to Plateau on Thursday, where he held a brief stakeholders’ meeting at the Yakubu Gowon Airport following the recent killings in Angwan Rukuba, Jos, where at least 28 persons were killed by unidentified gunmen.
Tinubu also approved the formation of a delegation of key stakeholders to engage in further deliberations on lasting solutions to the security challenges in the state.
He condoled with families of the victims and directed that support be provided to cushion their losses.
President Bola Tinubu while expressing deep sympathy to families of victims said the installation of surveillance cameras was part of a deliberate move towards addressing the kind of attacks that befell residence of the recent attack in the State.
In his remarks, Governor Caleb Mutfwang appreciated the President’s visit and show of concern, but expressed worry over the recent wave of attacks in the state, describing the situation as disturbing and requiring urgent attention.
The meeting had in attendance, former Governors, serving and former National and State Assembly members, traditional rulers, government appointees as well as relatives of those killed in the Angwan Rukuba attack.
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