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Ekeh, Zinox Boss Makes Case for Massive Investment in ICT

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Mr. Leo Stan Ekeh, chairman of the Zinox Group, has asked government to invest at least $2.5 billion in the ICT sector in the interest of digital natives and immigrants. 
He was reacting to the call by well-meaning Nigerians that youth corpers be given a lump sum of N250, 000 after their service year to enable them start a business.
The Zinox boss praised the initiative but said it was like placing the cart before the horse canvassing instead for the creation of new and solid foundations for education by providing appropriate ICT infrastructure in schools.
Information Technology, he said, should drive the teaching and learning processes in schools – beginning with the learning environment, the instructional materials, the resource centers, and the e-libraries. 
IT driven education would come cheaper than analogue education and create access and pre-occupation for the millions of children who come to schools from poor homes. These youths are already tech savvy by the time they leave school. All we need to do is put together a scheme that ensures that every graduating student is empowered with a laptop. This should apply to all graduates from universities, polytechnics, and colleges of education.  The idea would be to harness the energies of a new generation of Nigerians through the vital tools for change.  Only a deliberate and systemic empowerment of the youths can ensure that Nigeria participates gainfully in the unfolding knowledge economy.
Ekeh said that China and India have joined the list of world super powers by investing heavily in the development and penetration of ICT. Today, China has become the workshop of the world not necessarily because labor is cheap but because she has a well trained and knowledgeable work force. 75% of the world’s software businesses are outsourced to Indian companies because her citizenry have been motivated to control the production of software globally.

The Zinox hairman said that Nigeria should borrow a leaf from both countries if the dream to join the world’s top 20 economies by 2020 is to be realized. He suggested that the Government should invest at least $2.5b on the empowerment of digital natives and immigrants, young and middle aged persons selected purely on the basis of their proficiency in Information Technology. Such an investment would yield more dividend in the long run than many of the white elephant projects that are being proposed today.
Observing that one of the greatest challenges militating against development in Nigeria today is the absence of structured manpower, the Zinox boss said that the time to act is now. He said that globally, current entrepreneurs are mentally weak because they have watched the wealth built over many years diminish substantially. So, there is no excitement to create new wealth. Nigeria can take advantage of the lull to catch up with leading developing nations of the world. At the end of the global depression, a new set of smart wealth creators shall emerge and shall create wealth with the speed of light and dwarf the achievements of current entrepreneurs.
The Acting President and his cabinet should, therefore, invest in creating digital natives and immigrants or what is called generation ‘y’ that will lead this country not only in commerce and industry but also in governance. Without this quick solution you can see Nigeria as dead on arrival in the new age.

 


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NITDA Supports CAC AI Driven Transformation

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By Oluwole Alao

Kashifu Inuwa CCIE, the Director General of the National Information Technology Development Agency (NITDA), has pledged the Agency’s full support for the Corporate Affairs Commission’s (CAC) artificial intelligence–driven transformation as the Commission marked its 35th anniversary in Abuja.

Delivering a goodwill message at the celebration, which was held at the Ladi Kwali hall of the Abuja Continental Hotel, Inuwa commended CAC for its uncommon consistency and resilience, noting that while many organisations rise and fall after initial success, CAC has continued on a steady growth trajectory.

“We know organisations go up and come down, but some will keep thriving, thriving, and thriving, and today, this is what we are witnessing for CAC,” he said.

Reflecting on his early engagement with the Commission, the NITDA boss recalled that the Registrar General made organisational transformation a priority from the very start of his leadership, particularly in embracing digital innovation.

According to Inuwa, the current era demands more than basic digitisation, stressing that meaningful transformation can only be achieved through the integration of artificial intelligence into core operations.

“We are in the AI era, and the only way to transform today is to embrace and integrate AI into your operations. This is exactly what the Registrar General is doing,” he stated.

He assured CAC of NITDA’s commitment to working closely with the Commission to embed AI across its numerous processes, explaining that the technology would infuse intelligence into workflows, simplify company registration and business management, and strengthen cybersecurity.

“We will make sure you integrate AI into CAC processes. With AI, it will infuse intelligence in everything you do and make things easy for Nigerians to register companies and manage businesses,” Inuwa averred.

The NITDA DG added that deploying advanced AI tools would help CAC staff stay ahead of fraudsters and curb hacking and fraudulent alterations of company records, while also safeguarding the system through responsible deployment.

“At NITDA, we will make sure you deploy ethical and responsible AI in your operations, with the right guardrails in place,” he assured.

He further described CAC’s digital reforms as bold and impactful, noting that the Commission has reduced company registration timelines from several months to as little as 24 hours. He added that further integration of AI would enhance name search and reservation, automate filings, improve corporate governance, and significantly reduce fraud.

He also highlighted NITDA’s ongoing role in reviewing CAC’s digital and AI transformation roadmaps, providing guidelines, standards, training support, and safeguards to ensure sustainable, people-centred, and secure digital services.

The NITDA DG congratulated CAC management, staff, and members of the National Assembly for their support, expressing confidence that the partnership would further strengthen Nigeria’s digital business environment in the years ahead.

 


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U.S. Slams Nigerians: Overstays Jeopardize All Visas

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The United States has warned Nigerians that overstaying their visas could jeopardise travel opportunities for other citizens seeking to visit the US for education, business, or family purposes.

U.S. Slams Nigerians: Overstays Jeopardize All Visas

The warning came amid ongoing immigration crackdowns and tighter travel restrictions under the administration of President Donald Trump.

In a statement posted on X on Monday, Feb. 9, the U.S. Mission in Nigeria stressed that compliance with visa rules is essential to protecting access for Nigerians who travel responsibly.

“Visa overstays by Nigerian travellers can affect opportunities for their fellow citizens,” the Mission said. “Strengthening compliance helps protect access for students, business travellers and families who travel responsibly.”

The Mission also urged Nigerians to report cases of visa fraud to [email protected] or [email protected]


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CAC Pushes Single National Register to Curb Corruption Loopholes

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Nigeria’s Corporate Affairs Commission (CAC) has urged creation of a unified national beneficial ownership register to bolster anti-corruption efforts and corporate transparency.

CAC Pushes Single National Register to Curb Corruption Loopholes

CAC

CAC Registrar-General highlighted how fragmented sectoral registers breed duplication, inconsistencies, and regulatory gaps during the Commission’s 35th anniversary Anti-Corruption Day in Abuja.

ICPC Chairman Dr. Musa Aliyu, via representative Demola Bakare, praised CAC’s role in fostering accountable business environments that drive sustainable growth.

Global evidence links transparent institutions to stronger economies, with clear rules, accessible data, and open operations as key pillars.

CAC’s oversight on company registration, disclosure, and compliance directly builds investor trust and national integrity, closing avenues for illicit financial flows.


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