Connect with us

News

Omatek to Build Multi-Billion Naira Factory in Nigeria

Published

on

Kindly share this post

To consolidate on its achievements and its extensive presence in Nigeria, Omatek Computers, the leading Nigerian computer manufacturer, is to invest billions of naira on a new factory in the country.
The company, which turned 25 last December, remains the only quoted computer company on the Nigeria Stock Exchange. It has led the increasingly competitive Nigerian ICT market  as the only company in East, West and Central Africa that produces computers and casings from completely knocked down (CKD) components sourced from the highest grades of manufacturers to give all Omatek computers the requisite world-class standards comparable to any other foreign brand.
Omatek exited the SMEIS scheme through a Private Placement undertaken by former Afribank Capital which eventually culminated in the company being listed as the first Computer Company on the Nigerian Stock Exchange in July 2008, since then the Omatek Factory has come up with various initiatives to drive and sustain the Minimum Order Quantity (MOQ) requirement of the First Class Manufacturers of Raw Materials.
One of such initiatives is the Omatek e-Xpress consumer scheme designed to assist Nigerians own computers through a convenient payment plan which spans between 12 – 24 months.
“Our new factory to takeoff immediately will include the new Solar Panel and the new LED bulbs and lighting factories. Our 24 hour Solar/Inverter/battery hybrid solution is a great innovation and is pioneered by Omatek and the first of its kind in Africa. This by itself is major income revenue to providing 24 hour light and power to homes, offices, schools, hospitals and hotels among others,” said Florence Seriki, managing director/CEO Omatek Ventures Plc
 “It will interest you to know that Lighting and Power Solutions were provided via this solution in conjunction with special Omatek LED bulbs.  These Bulbs last three to Five years without maintenance and our regular 42W Flourescent bulbs had been reduced to 9W for 2ft and 13W for 4ft bulbs; thus reducing consumption by over 85%” added Seriki to affirm the additional focus at the new factory.
Tidying up on its financials with funding instruments from offshore and local partners, Omatek, which recorded over a billion naira turnover last year from not just its existing computer products but also from its newly innovating products such as the 24 hour Solar/Inverter/battery Hybrid Solutions sold to schools, offices and homes, said it was re-kitting its financial base to enable it consolidate and expand its portfolio of services available through its Consumer Scheme Finance  and Omatek Resource Centres.
Since it entered the competition, Omatek has grown to become one of the continent’s leading brands. Omatek opened a factory in Ghana over years ago as part the company’s pan-African vision. Omatek has won global accolade and got the endorsement of the International Telecommunications Union (ITU) about four years ago as a driver of technological change in Africa . From software giant Microsoft, it got recognised as the No.1 PC manufacturer in the West and Central Africa (WECA) region.
Omatek with strong performance record in Nigeria’s public sector was described  about six years ago by then President Olusegun Obasanjo as a product of “vision and resilience,” during the official launch of the Omatek brand in Nigeria by the former president in Aso Villa, Nigeria’s seat of power. Describing Omatek as a testimony that government’s policy of having a private sector led economy was working, Chief Obasanjo said Omatek had proven that the capacity to join the information society was readily available and all that was needed was governments to create an enabling environment for the private sector to drive the needed change as the Nigerian government had done. According to Obasanjo, Omatek has created a benchmark for other enterprises.


Kindly share this post

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.

News

SERAP Sues INEC Over Alleged ₦55.9Bn Election Funds Diversion

Published

on

Kindly share this post

Socio-Economic Rights and Accountability Project (SERAP) has dragged the Independent National Electoral Commission (INEC) to court over the alleged failure to account for ₦55.9 billion reportedly meant for the procurement of election materials for the 2019 general elections.

SERAP Sues INEC Over Alleged ₦55.9Bn Election Funds Diversion

The grave allegations are documented in the latest annual report published by the Auditor-General on 9 September 2025.

In the suit number FHC/ABJ/CS/38/2026 filed last Friday at the Federal High Court in Abuja, SERAP is seeking: “an order of mandamus to direct and compel INEC to account for the missing or diverted N55.9 billion meant to buy smart card readers, ballot papers, and other election materials for the 2019 general elections.”

SERAP is also seeking: “an order of mandamus to direct and compel INEC to disclose the names of all contractors paid the N55.9 billion for the procurement of smart card readers, ballot papers, result sheets, and other election materials for the 2019 general elections, including the names of their directors and shareholders.”

In the suit, SERAP is arguing that: “INEC must operate without corruption if the commission is to ensure free and fair elections in the country and uphold Nigerians’ right to participation.”

SERAP is also arguing that, “INEC cannot ensure impartial administration of future elections if these allegations are not satisfactorily addressed, perpetrators including the contractors involved are not prosecuted and the proceeds of corruption are not fully recovered.”

According to SERAP, “INEC cannot properly carry out its constitutional and statutory responsibilities to conduct free and fair elections in the country if it continues to fail to uphold the basic principles of transparency, accountability and the rule of law.”

SERAP is also arguing that, “These allegations also constitute abuse of public office and show the urgent need by INEC to commit to transparency, accountability, clean governance and the rule of law.”

SERAP also said, “Allegations of corruption in the supply of smart card readers, ballot papers, result sheets and other election materials directly undermine Nigerians’ right to participate in elections that are free, fair, transparent, and credible.”

The lawsuit filed on behalf of SERAP by its lawyers, Kolawole Oluwadare, Kehinde Oyewumi, and Andrew Nwankwo, read in part: “These grim allegations by the Auditor-General suggest a grave violation of the public trust, the Nigerian Constitution 1999 [as amended] and international anticorruption standards.”

“According to the recently published 2022 audited report by the Auditor General of the Federation (AGF), the Independent National Electoral Commission (INEC) ‘irregularly paid’ over N5.3 billion [N5,312,238,499.39] ‘to a contractor for the supply of Smart Card Readers for the 2019 general elections’.

“The contract was awarded without prior approval from the Bureau of Public Procurement (BPP) and the Federal Executive Council. The payment was also ‘made without any document. There was no evidence of supplies to the commission.’”


Kindly share this post
Continue Reading

News

FG Inaugurates N40Bn CCTV Control Centre for Third Mainland Bridge

Published

on

Kindly share this post

Federal government has inaugurated a ₦40 billion closed-circuit television (CCTV) control centre for the Third Mainland Bridge in Lagos.

FG Inaugurates N40Bn CCTV Control Centre for Third Mainland Bridge

Speaking at the inauguration on Sunday, David Umahi, minister of Works, said the project followed extensive rehabilitation works carried out on the bridge after the current administration took office in 2023.

“When we came on board in 2023, we met a very terrible Third Mainland Bridge,” Umahi said, adding that the structure, along with Carter and Iddo bridges, required comprehensive re-evaluation and repairs both above and below water level.

He said President Bola Tinubu approved the total rehabilitation of the bridge, including replacement of expansion joints, noting that the completed work had improved driving conditions and extended the bridge’s lifespan.

Umahi said the CCTV system, first announced in 2025, was designed to curb dangerous driving, prevent suicide attempts and strengthen security.

He added that security personnel would monitor live footage from the control centre and enforce speed limits on the bridge.

The minister commended the China Civil Engineering Construction Corporation (CCECC), which executed the project, for what he described as high-quality delivery. He said the contract also included a surveillance boat and two Hilux vans, which would be handed over to the police to support monitoring and rapid response.

“The idea is that we can see everything that is happening on the bridge,” Umahi said, expressing concern over excessive speeding and urging motorists to comply with traffic regulations.

Earlier, Olufemi Dare, federal controller of works in Lagos, said the facility was the first of its kind on any bridge in Nigeria.

He said the system allows real-time monitoring of activities on the bridge and surrounding waters.

Dare said the project includes 240 solar panels, 10 inverters, a 300 KVA transformer, a standby generator, multiple monitoring screens and full air-conditioning for the control centre.

He added that the contract also covers 1,268 solar-powered street lights and a borehole facility.

According to Dare, the project was awarded at a cost of ₦40.17 billion, with about ₦36 billion paid so far to the contractor. He said the current inauguration marked the first phase, with additional commissioning planned once work on the bridge’s extension is completed.

He thanked the president for approving the project and praised Umahi for ensuring due process during its execution.


Kindly share this post
Continue Reading

News

AI Founders and Developers to Converge in Lagos for AI in Action 2026 conference

Published

on

Debola Ibiyode, Convener of AI in Action 2026 and CEO of Carbon AI,
Kindly share this post

As Africa stands at the threshold of a digital revolution, Carbon AI has officially announced the AI in Action 2026 conference, scheduled for January 22, 2026, at the Lagos Oriental Hotel.

In a statement in Lagos, Debola Ibiyode, Convener of AI in Action 2026 and CEO of Carbon AI, disclosed that the AI in Action 2026 conference aims to move beyond the typical industry hype to focus on practical, homegrown innovation under the theme: “Driving Productivity, Innovation, and Sustainability—Building the Future in AI Together.”

“AI in Action 2026 is designed as a high-impact platform where deep-tech innovation meets real-world application. The conference will specifically explore how Large Language Models (LLMs), Agentic AI Frameworks, and Generative AI can be harnessed to power Africa’s transformation,” she noted in the statement.

Debola also emphasizes that the time for mere discussion has passed, stressing that AI in Action 2026 is for people who want to do more than just talk about AI; it’s for those ready to build, apply, and lead.

“We aren’t chasing hype or funding; we are chasing real impact. Our mission is to empower budding founders to turn ideas into deployable solutions while championing responsible AI adoption that creates measurable social and economic change across the continent,” she added.

The statement explains that the conference features a curated experience designed to foster genuine collaboration. It includes keynote speeches and panels that offer deep dives into Generative AI, Agentic Frameworks, and their intersection with global sustainability.

Attendees can participate in practical workshops with hands-on sessions focused on building, deploying, and scaling AI tools. The event also features a startup and product showcase that highlights cutting-edge, African-built AI solutions.

Additionally, dedicated mentorship and networking sessions will connect early-stage founders with seasoned practitioners and industry leaders.

The event is a call to action for a diverse cross-section of the ecosystem, including Software and AI Engineers, Data Scientists, Business Leaders, Educators, Policymakers, Students, and ICT Infrastructure companies, enabling AI deployment, including datacenter providers. By bringing these groups together, the conference seeks to ensure the AI revolution is inclusive, ethical, and sustainable.

AI in Action 2026 Now offers tiered sponsorship packages for organizations looking to position themselves at the forefront of Africa’s technological future. Sponsors will gain direct access to a unique demographic of decision-makers and the next generation of AI talent.

“Africa’s digital revolution must be homegrown. Whether you’re building solutions, shaping policy, or mentoring young innovators, this is your platform. Together, we’re not just discussing the future, we’re building it,” she concluded.


Kindly share this post
Continue Reading

Trending