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Coscharis Tech MD Urges FG to Declare State of Emergency in Tech Education

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Mr. Sunday Emomine Mukoro, managing director of Coscharis Technologies`
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Mr. Sunday Emomine Mukoro, managing director of Coscharis Technologies,  has called on the Federal Government to declare a state of emergency in technical education to make Nigeria competitive in the 21st Century.

Mr. Mukoro said that the call is based on the fact that the pace of technology development, at the global stage, is so fast that it has rendered insignificant the yearly meagre budgets, in the past years, of less than 1% of the GDP, to the entire education sector.

 While identifying with the change mantra of the present administration, he advised that technical education should be radically and generously funded.

There are persistent complaints that the products of the Nigerian educational system are unable to meet the expectations of corporate Nigeria.

Industries and commercial institutions have vacancies that educated Nigerians are not equipped to occupy especially in the areas of technical/engineering and technologies thereby consistently depending on foreign firms for such services.

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Application of irrelevant curriculum and analogue teaching methods, Mr. Mukoro observed, are some of the reasons for the under-achievement in the educational sector. Education outcomes fail to match the national expectations especially in manufacturing.

There is an urgent national need to redefine and reposition technical and engineering education in order to transform this nation from consumption to production.

The Coscharis tech boss added that Nigeria must harness her vast human and material resources from the point of view of achieving rapid results from technical and engineering education.

Thus a legislated state of emergency in technical education would be an apt response to long standing prejudices in the Nigerian education system, which, have forced the status of an underdog on technical education.

Mukoro revealed that funding for this state of emergency can be obtained by directing the Educational Trust Fund, ETF, to invest 50 % of its budget on technical education for the next five years. 

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Mr. Mukoro argued that this extra ordinary intervention which, he advocates should be focused on technical education from primary schools, to technical colleges, polytechnics, engineering departments of the universities, schools of agriculture and research centers.

The intention, he explained, is to wake up a sleeping giant, to wake up an economy hibernating like a blind snail by mobilizing resources lavishly to technical education – buying and deploying the latest digital equipment, training and re-training teaching staff to ensure maximal use, while paying special attention to the technical corps that would ensure that these digital equipment don’t turn to scrap in weeks as it has always been.

The impact would be that in 10 years Nigeria would be bursting at the seams with start-ups. Nigeria would be overflowing with skilled manpower enough to convince the world to manufacture their products in Nigeria.

He urged the government to partner with Nigerian ICT companies affiliated to international organizations who would give Nigerians the certification they require to compete with the best in the world.   

Incorporated in 1993, Coscharis Technologies, a subsidiary of Nigeria’s most diversified conglomerate, Coscharis Group, is in the forefront of innovative pursuits that will change the landscape for the deployment of ICT technologies in Nigeria. 

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It is an authorized partner/distributor to some of the world’s best ICT brands such as, Asus, Huawei, Samsung, APC, Microsoft, Seagate, Mercury, HP, Lenovo etc. In her quest to pioneer hi-tech deployment in the areas of technical education, 3D technology, reverse engineering and manufacturing, Coscharis technologies partnered Solidworks, Solid professor, Creaform, Makino, Gerber, Makerbot etc.

With strategically located offices in Lagos (Victoria Island, Ikeja), Abuja, Kaduna, and Port Harcourt as well as with effective support of the Group’s network of Branches in such areas where we are not located, namely Maiduguri, Benin, Ibadan, Kano, Uyo, Nnewi, Aba etc, the company is able to serve its numerous customers from all parts of Nigeria.

   

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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

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Ogba Ogbaga, an Abuja-based lawyer, has said that he has been instructed to institute legal proceedings against MTN Nigeria, Airtel Nigeria, Globacom, 9mobile and MultiChoice Nigeria, operators of DStv, over what he described as unfair consumer practices relating to expiring data bundles and television subscriptions.

Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

In a statement posted on Facebook, Ogbaga said his law firm, GIMBG Legals, received instructions from its client, KAA, also known as KaaTruths, to challenge the companies’ subscription policies in court.

According to him, the proposed suit will question whether telecom operators and DStv’s subscription models comply with provisions of the Federal Competition and Consumer Protection Act (FCCPA) 2018 and other applicable laws.

Ogbaga alleged that telecom providers operate internet data services that are unfair to consumers, claiming subscribers sometimes do not receive the services they paid for but still lose their subscriptions once the validity period expires.

He also criticised DStv’s subscription model, arguing that consumers lose paid viewing time due to factors such as power outages, adverse weather conditions and service interruptions, while subscriptions continue to count down regardless.

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“Our clients have complained that MTN data services are unduly one-sided,” Ogbaga said, adding that the legal action would also extend to other telecommunications providers and DStv.

He said the court action would seek judicial determination on whether the companies’ subscription practices comply with consumer protection laws.

The lawyer also invited interested legal practitioners to collaborate on the case, saying his firm would provide updates as the matter progresses.

In a separate Facebook post on Wednesday, Ogbaga said previous policy discussions, town hall meetings and debates at the National Assembly had failed to address the concerns raised by consumers.

He argued that telecom operators regularly carry out maintenance and network upgrades that temporarily disrupt services without extending customers’ subscription periods, while DStv subscribers also lose viewing time because of electricity outages and weather-related disruptions.

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NAICOM Issues New Licences to 43 Recapitalized Insurers

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The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the industry’s new minimum capital requirements, marking the formal beginning of a new regulatory era aimed at strengthening the financial capacity, governance and global competitiveness of Nigeria’s insurance sector.

At a ceremony held at the Commission’s headquarters in Abuja, the Commissioner for Insurance, Olusegun Ayo Omosehin, presented the new licence certificates to compliant operators, describing the exercise as a major milestone in the industry’s recapitalisation programme.

According to the Commission, a total of 43 insurance companies declared compliant with the new capital requirements are expected to receive the new licence certificates in phases.

Omosehin congratulated the successful companies, saying the issuance of the new licences signals the beginning of a stronger regulatory framework anchored on improved capitalisation, sound corporate governance, innovation and sustainable growth.

He urged operators to leverage their enhanced capital base to develop innovative insurance products, improve operational efficiency and deepen insurance penetration across the country.

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The Commissioner said the Commission expects the recapitalised companies to deliver stronger financial performance while maintaining high standards of professionalism and customer service.

He also announced that NAICOM’s next major regulatory initiative would be the implementation of the Risk-Based Capital (RBC) framework, under which insurers’ capital levels would be aligned with the risks inherent in their respective business portfolios.

According to him, the new framework will further strengthen the industry’s resilience by ensuring that insurers maintain capital commensurate with the risks they underwrite, thereby enhancing policyholder protection and boosting market confidence.

Omosehin reaffirmed the Commission’s commitment to removing regulatory impediments where necessary while maintaining effective oversight to safeguard policyholders and strengthen confidence in the insurance market.

The issuance of the new licence certificates marks the commencement of a phased transition to higher capital standards aimed at improving the financial capacity, solvency and claims-paying ability of insurance companies operating in Nigeria.

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Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

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Management of Nigeria CommunicationsWeek Media has withdrawn its publication titled “Adefolarin Ogunsanya and the Allegations of Shareholder Interference and Self-Dealing at Pan African Towers,” which was published on its platform.

Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

The decision to retract the story follows an editorial review to ensure that the platform maintains the highest standards of accuracy, fairness and responsible journalism in reporting matters that are the subject of ongoing judicial proceedings.

Nigeria CommunicationsWeek acknowledges that the issues raised in the publication remain before the courts and have not been finally determined.

Accordingly, the organisation has decided to remove the article from its platforms pending the conclusion of the legal processes or the availability of additional verified information.

The publication regrets any inconvenience or misunderstanding the report may have caused to readers or any individuals or organisations mentioned in the story.

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Nigeria CommunicationsWeek remains committed to the principles of balanced, factual and ethical journalism and will continue to uphold professional standards in its coverage of judicial and corporate governance matters.

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