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Misappropriation of Funds Greatest of Science & Tech-Jackson

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Charles Ifedi is the managing director of Verve International
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Sunny Jackson is the managing director/CEO of Holgate Communications, a thriving IT consultancy, training and event-packaging company. He has worked with different communications company. He spoke to funmi ilesanmi.

Operations
We are a firm that is into marketing and brand consultant, public relations and human resources. We train people on computer systems, package events and concept development.
Incorporating IT into Primary and secondary schools curriculum
IT courses should be introduced from the primary school. In the United Kingdom for example, children are introduced to the computer right from their homes. Parents provide their children with mini laptops and notebooks with instructor ready software and also make sure the children are connected to the internet. For Nigeria to move up with what is applicable in Europe, I believe the most appropriate thing to do is to incorporate these courses especially data processing into the curriculum.
Running successful computer vendorship
Financial support is needed to run a successful computer vendorship because IT is a very wide area. Unlike in other sectors where you can wake up one morning, make plans, forecast and everything falls into place but in IT it is not like that. Everyday we work hard to bring in new innovations, to create software and find ways to solve problems so financial involvement from the government is very important.
A conducive environment in the form of a leveled playing ground is also needed. If it is a government establishment, fair hand should be given to individuals to run it and if it an individual establishment, the government should do likewise.
Personnel is also very important, if possible expatriates should be brought in because everyday ICT comes in a new form. Five years ago, the industry was not like this, five years to come it will not be like this. So we need to be abreast and to be abreast, we need to marry ideas. Marry ideas, bring in expatriates and when they come together they sit with one another to forge a new way forward. Invariably, we can also send our engineers abroad to learn in order to bring in new ideas that obtain out there. IT is about the most expensive course for investors to run now. In our view, we believe in audio-visuals because there is the power of what you see and has a considerable level of impact.
Venture into IT reality show
In the past 36 months, reality TV shows have been on the screen. It has been about dancing and selecting the best dancer with nothing educational wise been achieved. The objective of coming up with the IT reality TV show is to create opportunities for the youths. The winner of the IT reality show has the opportunity to school abroad on scholarship basis which will be a plus for the Nigerian ICT industry and Nigeria as a country, hence our involvement in this empowerment programme. It is also designed for the growth of science and technology in Nigeria because it is developed by Nigerians for Nigerians.
Form of the show
The show requires youths to come up with software they can invent or manufacture and the processes involved in the development. We will bring in professors and experts in the IT space to look at the projects and inventions, and check if it matches the total solution. This means coming up with what you have and we do an elimination test to select the best innovation. We have done out logistics, the feeding will be handled by one of the best hoteliers in town. Every minute detail like accommodation, laundry and others will be well taken care of. We are into partnership with two top ICT companies, a reputable hotel in Nigeria and two other sponsors.
Challenges facing science and technology in Nigeria
Diversion and misappropriation of funds are the greatest challenges facing science and technology in Nigeria. If these funds had been channeled towards developing science and technology, the country’s technology sector would have been well developed. In Akwa-Ibom State for instance, they have an existing science and technology park and I commend the governor for this. If each state government has at least one ICT hub, then the federal government would have imagined the level of science and technology in Nigeria. In a bid to commit financial crime, they misappropriate funds and this invariably affects the growth of science and technology which accounts for why Nigeria as a country is still lagging behind in ICT.   
Preventing users from patronizing obsolete products
What we can do is to create awareness. The government should extend the same zero tolerance that applies to fake drugs to electronic products. The NCC should work hand in glove with the Nigerian Port Authority, the SON and the Nigerian Customs Service to checkmate the importation of substandard products. There should be a standard gauge. 
Setbacks in IT training
One is poor funding; two is lack of conducive learning environment and lack of electricity. Another militating factor is lack of skilled manpower.
Going by the recent ASUU strike, the number of months the students have been out of the classroom, if you are the lecturer teaching them on ICT and you have a syllabus to cover, how would you go about this? That means they can never catch up but when you have a stable programme and you follow it assiduously, you are sure of getting there.
Capacity
Currently, we have two main buildings accommodating our training facilities. As time goes on and the turnout of student increases, we are sure to expand our facility centre to accommodate more people.
Future of Holgate Communications
We seek to add value to the company on daily basis. In the next five years, we hope to build a one stop ICT centre. We are also looking at going into the energy sector.

 

 


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Fiona Ahimie Launches LEADHER Mentorship Session to Inspire the Next Generation of Female Leaders

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As part of activities leading up to her investiture as the 14th President of the Chartered Institute of Stockbrokers (CIS) and the first female President in the Institute’s history, Dr. Fiona Ahmed Ahimie, Managing Director of First Securities Brokers Limited, hosted the inaugural LeadHER Mentorship Session last week.

The session, themed “Leading with Purpose, Breaking Barriers, Building Legacy,” brought together emerging female professionals and aspiring leaders from across various industries for an engaging afternoon of mentorship, learning, and empowerment.

The LeadHER Mentorship Session was designed to provide participants with practical insights into leadership, career advancement, personal development, and navigating challenges in the traditionally male-dominated sectors.

Through candid conversations and shared experiences, attendees gained valuable perspectives on building successful careers while creating lasting impact within their organizations and communities.

Speaking at the event, Dr. Ahimie noted that leadership is not merely about achieving personal success but about creating pathways for others to thrive.

“Throughout my professional journey, I have benefited from the guidance, support, and encouragement of remarkable mentors. The LeadHER Mentorship Session is an opportunity to pay that forward by equipping and inspiring the next generation of women to pursue excellence, embrace leadership opportunities, and break barriers with confidence,” she said.

The mentorship session forms part of a broader commitment to advancing female participation and leadership within Nigeria’s financial services industry and the wider corporate ecosystem. It also reflects Dr. Ahimie’s longstanding dedication to talent development, professional excellence, and inclusive leadership.

The event provided a platform for meaningful dialogue, networking, and knowledge sharing.

Dr. Ahimie’s investiture as President of the Chartered Institute of Stockbrokers marks a historic milestone for the Institute and the Nigerian capital market, underscoring the growing role of women in shaping the future of the financial services industry.

 


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How Haneefah Adam Beat Artists Nationwide to Win Prestigious Futures Art Award

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Ventures Platform and the Yemisi Shyllon Museum of Art (YSMA), Pan-Atlantic University, are pleased to announce Haneefah Adam as the winner of the inaugural Ventures Platform–YSMA Futures Art Award, a pioneering public art commission established to support artistic innovation and future-focused cultural expression in Nigeria.

L-R: Kola Aina, Founding Partner, Ventures Platform; Dotun Olowoporokun, Managing Partner, Ventures Platform; Haneefah Adam, Artist and winner of the Futures Art Award; and Jess Castellote, Director, Yemisi Shyllon Museum of Art, Pan-Atlantic University during the Presentation of the Ventures Platform-YSMA Futures Art Award at Ventures Platform’s 10th Anniversary Dinner in Lagos on June 19, 2026.

The announcement was made during the 10th Anniversary Dinner of Ventures Platform in Lagos, where Haneefah was formally recognized following a competitive national selection process that attracted submissions from artists and art collectives across Nigeria.

As the winner of the Award, Haneefah will be commissioned to create a 12-foot public sculpture titled Bloom in Unexpected Places, which will be permanently installed within the YSMA and Pan-Atlantic University environment.

Selected through a rigorous jury process involving leading artists, curators, scholars, and cultural professionals, the proposal distinguished itself through its originality, conceptual strength, artistic ambition, and thoughtful engagement with the Award’s central theme: Reimagine the future and build into form through art.

The work explores themes of growth, resilience, innovation, and possibility, inviting audiences to reflect on how creativity and human ingenuity can flourish in unexpected circumstances and environments. Through its scale and public presence, the installation is intended to spark conversations about the future while enriching the cultural landscape of the University and the wider community.

The Award represents a landmark moment in Haneefah Adam’s artistic journey. While she has earned recognition for her innovative and socially engaged practice, this commission marks her first institutional award, her first major public art commission, and the largest public artwork of her career to date.

Speaking on behalf of YSMA, Museum Director, Jess Castellote described the Award as an important investment in both artists and public culture.

“At YSMA, we believe museums have a responsibility not only to preserve cultural heritage but also to support the creation of new cultural futures. Haneefah’s proposal impressed the Jury with its clarity, imagination, and relevance to contemporary conversations about innovation and possibility.

“We are delighted to support the realization of this ambitious work and to welcome it into the Museum’s growing public art programme.

“The Ventures Platform–YSMA Futures Art Award demonstrates what is possible when cultural institutions and private-sector partners work together to invest in creativity and public engagement.”

For Ventures Platform, the Award forms part of its broader vision of supporting the systems, ideas, and people shaping Africa’s future.

According to Kola Aina, Founder and General Partner of Ventures Platform: “As we celebrate ten years of backing visionary founders across Africa, we wanted to create something that reflects our belief that innovation is not confined to technology or business alone.

“The future is also imagined through culture, creativity, and the stories we tell about ourselves. This Award represents an investment in imagination itself.

“Haneefah’s proposal captures that spirit beautifully, and we are excited to see it come to life as a public artwork that inspires curiosity, reflection, and optimism.”

The Award is one component of a broader three-year collaboration between Ventures Platform and YSMA, which also includes entrepreneurship-focused masterclasses, guest lectures, and student engagement initiatives within the Pan-Atlantic University ecosystem.

Supporting the long-term legacy of the programme is Atsur Technologies Ltd, the exclusive Provenance Infrastructure and Physical-Digital Documentation Partner for the Ventures Platform–YSMA Futures Art Award. Through this partnership, every commissioned artwork produced under the Award will be professionally digitized, authenticated, and recorded using Artsur’s provenance and collection management technology, ensuring robust documentation of the artist’s creative process, the artwork’s history, and its enduring place within Nigeria’s cultural record. This partnership reflects a shared commitment to strengthening transparency, documentation standards, and the long-term preservation of contemporary African artistic production using innovative technologies.

Commenting on her selection, Haneefah Adam expressed gratitude for the opportunity and excitement about the journey ahead.

“I am deeply honoured to be the inaugural recipient of the Ventures Platform–YSMA Futures Art Award. To have my work selected from among so many strong submissions is both humbling and encouraging. Bloom in Unexpected Places is rooted in the belief that creativity, hope, and transformation can emerge even in the most unlikely circumstances. I look forward to working with YSMA and Ventures Platform to bring this vision into the public realm and create a work that invites people to think differently about the future.”

Beyond the commissioning of a single artwork, the Ventures Platform–YSMA Futures Art Award seeks to establish a new model for collaboration between the cultural and innovation sectors. By positioning artists as active participants in conversations about technology, entrepreneurship, and societal transformation, the Award expands the ways in which the future can be imagined, questioned, and made visible.

As work begins on Bloom in Unexpected Places, the project signals a bold commitment by both Ventures Platform and YSMA to nurturing creative talent, supporting public art, and fostering interdisciplinary approaches to shaping the future.


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ALTON Backs CBN on Local Data Hosting Rule for Banks, Fintechs

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Association of Licensed Telecommunications Operators of Nigeria (ALTON), official industry body and advocacy group for major telecommunications providers in Nigeria, has backed the Central Bank of Nigeria’s (CBN) directive requiring banks and fintechs to host payment transaction data locally.

ALTON Backs CBN on Local Data Hosting Rule for Banks, Fintechs

Gbenga Adebayo, chairman, ALTON

Gbenga Adebayo, chairman, ALTON, said this in an interview with the News Agency of Nigeria (NAN) in Lagosat the weekend.

His position follows a recent CBN directive mandating that banks, fintechs, and other payment service providers store payment transaction data generated in Nigeria on local servers from January 1, 2027.

The directive forms part of measures aimed at strengthening oversight of the country’s rapidly growing digital payments ecosystem.

Adebayo said data sovereignty required countries to take responsibility for their entire data value chain.

According to him, this covers data collection, management, storage, and integrity assurance.

“We cannot continue to outsource that to other jurisdictions.

“The more we host our data locally, the better for us,” he said.

Adebayo said local hosting would enable Nigeria to manage data end-to-end and guarantee the integrity of critical information.

He noted that hosting payment data outside the country increased communication requirements, latency, and retrieval costs.

“For every transaction involving data hosted outside our shores, communication has to take place from your location to the host and back.

“It increases latency and also increases the cost of data retrieval,” he said.

The ALTON chairman described the directive as an important first step toward achieving national data sovereignty.

He also dismissed concerns about infrastructure readiness, saying Nigeria already had significant data center capacity.

According to him, several Nigerian-owned facilities currently host data for organisations operating from other jurisdictions.

“I’m happy to say that we have a lot of data centres owned and managed by Nigerians that are hosting data from other jurisdictions.

“If people overseas can host their data here, why can’t we host our own data here?” he queried.

Adebayo argued that local hosting would reduce dependence on foreign infrastructure while improving national control over data security.

He said concerns about security and reliability should not justify continued reliance on foreign hosting providers.

“No one can protect your house better than yourself.

“You have more at stake in terms of security and safety than somebody else hosting your data,” he said.

The telecom industry leader also highlighted the cost implications of local hosting.

He said organisations that host data locally would pay in local currency rather than foreign currency.

According to him, this would help reduce exposure to exchange rate pressures and lower long-term operating costs.

Adebayo said Nigeria currently had about six Tier III data centres, with additional facilities under development.

He, however, stressed that capacity was more important than the number of facilities.

“It’s not just about the numbers; it’s about the capacity of what they can host.

“So far, we can,” he said.

He urged stakeholders to accelerate efforts toward domestic data hosting and management.

“The earlier we begin to domesticate our data hosting and data management, the better for us,” Adebayo added.

 

 


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