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Shittu Assures Investors of Safe Business Environment

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Abdur-Raheem  Adebayo Shittu, minister of Communications, has re-iterated federal government’s resolve to make Nigeria’s business environment safe and conducive for investors.

He linked the fact that several investors have been in the country and many more on their way to the safe business environment they enjoyed, saying “Nigeria is safe for investors and return on investment (ROI) is assured and our regulatory processes are open, effective and transparent”.

Shittu said this while playing host to the Swedish Minister of Trade and EU Affairs, Ms Ann Linde and the Swedish Business Delegation to Nigeria on Smart Cities, Innovation and ICT in his office.

To sustain this trend, the minister assured that the country is ready to re-strategize on how to attract more meaningful investments into the country from Sweden leveraging on the ICT sector.

The minister specifically said that Nigeria will avail itself of opportunities that abound in Sweden being a knowledge society, ranked as the most digitalized economy in the world.

Addressing the delegates, he said,” Your global competitiveness depends on the ability to create, develop and, make practical use of new scientific discoveries. They invest in knowledge and competence and have used ICT as a key developmental tool and in creating jobs for her citizens. This is a special area interest and Nigeria will like to share and learn from Sweden”.

He said Nigerian government’s strategic focusing on broadband development and e-Government master plan fit squarely with the sustainable development goals for future growth plans.

‘’I am happy to learn you know that with the planned auction of the 2.6GHz spectrum and the release of auction time table, the road to broadband boom in the country is very close. Government is headed for bigger and better tidings from the industry”, he enthused.

Barr. Shittu stressed that the aim of the visit was to share knowledge, build new long-term relationship and strengthen current relationship which can drive innovation and stimulate entrepreneurship as well as contributing to improved welfare and empowerment of people.

He expressed confidence  in the Swedish-Nigeria Conference co-hosted by the Ministry and Swedish Embassy saying, it is set not only to map out collaborative efforts between Sweden and Nigeria but also for the fact that it is taking place in Nigeria.

He added that it is designed to further identify policy benefits, business opportunities, technology solutions, shared best practices and form a strategic relationship that drive Nigeria’s ICT and telecom industry in this period of economic meltdown to profitability and growth.

The minister assured the delegates that Nigeria will collaborate with Sweden in the area of ICT “to achieve the SMART Government Initiative as enshrined in the ministry’s Communications Roadmap, adding that the country will welcome more cooperation with Sweden in the area of human and institutional capacity development”.

The delegate include; Ms. Inger Ultvedt, Swedish Ambassador to Nigeria, Ms. Anna M Sundstrom, Political Adviser to the Minister for EU Affairs and Trade, and Mr. Robert Keller, Head of Mission, Embassy of Sweden, Nigeria.

Other members of the Business delegation team were, Mr. Ludvig Hermansson, Ms. Cecilia Leideman-Back, Ms. Anthonia Adenaya, Mr. Robert Nyberg and Mr. Mohammed Hosseiny.


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Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

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Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.

Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

Participants at the event

Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,

This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.

While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.

Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.

It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.

Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.

Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.

 

 

 

 

 

 

 

 

 


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As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

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While 85 per cent of Nigeria is in darkness, Tanzania, an African country has shut down five hydroelectric stations in a bid to reduce excess electricity in the national grid.

As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

Kassim Majaliwa, prime minister, Tanzania, has said the main plant, Mwalimu Nyerere Hydroelectric Station, alone generated enough electricity to power major cities, including Dar es Salaam, the country’s commercial hub.

It is the first time Tanzania, which suffers chronic power shortages, has closed hydroelectric stations due to excess production.

“We have turned off all these stations because the demand is low and the electricity production is too much, we have no allocation now,” an official from state-run power company, Tanesco, said.

The 2,115MW Julius Nyerere Hydropower Dam is said to be almost filled with water following heavy rains that started early this year.

Meanwhile, while the country has an installed capacity of 1,938MW and the grid installed capacity of 1,899MW, Nigeria which has an installed capacity of 13,000MW is struggling to electrify 85 per cent of its electricity consumers.


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President Tinubu Appoints Jim Ovia as Student Loan Fund Chairman

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President Bola Tinubu has approved the appointment of Jim Ovia, renowned banker and businessman, as the Chairman, Board of the Nigerian Education Loan Fund.

Jim Ovia

Jim Ovia

Ovia’s appointment is contained in a State House statement titled, ‘President Tinubu appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund,’ and issued on Friday by Ajuri Ngelale, special adviser to the President, Media & Publicity.

The statement noted that “Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.

“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”

The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.

The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.

“The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds,” the statement partly read.

Ovia’s appointment will also ensure “that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.”


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