General News
Foreign Investors, Key Partners to Actualizing FG’s Local Content in ICT- Faulkner

Oladipo Faulkner, country general manager for IBM Nigeria, has called for improved collaboration between the government, the local ICT industry and the foreign partners, as a critical step to actualizing robust local content development.
Faulkner made the remark in an interview with Nigeria CommunicationsWeek on the sidelines of the recent eNigeria held by the National Information Technology Development Agency (NITDA) in Abuja, stating that globalization entails that nations depend on each other to harness its ICT potentials.
Faulkner was recently appointed to lead IBM’s overall business in Nigeria with a focus on deploying the company’s advanced technology capabilities in cognitive, cloud computing, big data and analytics, mobile and security to solve current and future needs of institutions in key economic sectors across the country.
Faulkner will also provide leadership for IBM’s relationships and corporate social initiatives in the civil Society, ICT, and academic communities.
Faulkner is currently IBM’s Global Business Services Lead for Central and West Africa. Prior to joining IBM in 2013, Faulkner spent 13 years working with Accenture Nigeria, a consulting firm, rising to become a Director. He holds a bachelor’s degree in Mechanical Engineering from the University of Lagos and an Advanced Management Program certificate from Institute de Empressa (IE) in Madrid, Spain.
IBM operates in over 170 countries. Some of the myriad of IBM’s inventions include the automated teller machine (ATM), the floppy disk, and the hard disk drive. He spoke to peter oluka.
IBM’s Contributions Towards Achieving Growth Via ICT Development in Nigeria
Our point of view in IBM is that technology is a tool for business management and economic development. From that perspective, we fully understand that whatever solution or technology we put out in the market is used to enable businesses and unlock the economy.
What are we doing specifically in IBM? Well, two key fronts: First, we have a world class innovation centre in Nigeria operating as a platform for incubating ideas, developing new concepts/ideas. Secondly, the enablement we do, which is not just about businesses but cuts across board.
Every quarter we conduct training for people and other stakeholders such as our partners, clients, the academia, inundating them on specific technology advancements and domains so they become better skilled to using these technologies.
We also conduct trainings for the Universities in Nigeria, impacting the local communities as well. Recently, we carried out a corporate social responsibility project in Ogun State, specifically how technology can assist the government become more efficient in their projects. We are connected to this market as a Company. Watson, our intelligent system was introduced, aside America, first in Africa. When our Global CEO was in Africa in 2014, she announced that Watson will be deployed in two key areas: cervical cancer treatment and education.
We believe that if the people are empowered with the necessary skills they can become their own entrepreneurs, or use the skills to help the businesses they find themselves.
In today’s world, and Africa is not left behind, we believe that with cloud platforms and other software running on them, we can introduce other solutions that can become globally available for segmented market, especially for those that could not afford the tools in the first place.
Government Needs to Embrace Foreign Investors
I think we should not continue looking certain issues in one direction. Take IBM for instance, we have over 150 employees (locally). IBM is here (Nigeria) as s solution provider.
Though, every foreign Company is here for profit-making however they contribute towards the growth of the local environment. Let’s take for instance, the local content guidelines.
As a company we are in full support of the policy. Where the issue may arise is in speeding up the execution or those laws. For us, we are abiding by the laws set before us and in full support of the Government
Developing Plan for Industrial Growth
The New DG of NITDA has said without mincing words that he intends to transform the Agency from an administrative to a policy organization.
NITDA as an Agency is our regulator and critical for the healthy competition. Once the transformation is achieved there will be a lot changes in approach, ability to executive and improved results.
Yes, we are talking about technology and have seen a lot supports from the executive arm of the Government, but we need to ask the right questions such as what do we need to do, and how. We need a plan that will direct every action of each player in the industry.
Developing an IT Driven Public Service
I think in the last couple of years government has been showing more commitment towards the sector through executive support.
We have seen some different compare to the past. Same time, we have our roles to play by constrictively advising them. There should be improved discussions to drive this sector better.
Leveraging Technology For Ease Of Doing Business
I know the Vice President’s office is working on ease of doing business and from his pronouncements they are serious about that. Recently we had discussions with the Minister on same subject. We are open to make contributions and engage with the authorities on how to actualize that, if we are allowed.
How IBM Helps Businesses Leverage Big Data
When you talk about big data we focus on both structured and unstructured data. I think sometimes we overdo the analyses. I today’s world, using dynamic predictive/analytic tools they pull data from different sources, to give you a view or an outlook. We have the best solutions that can help companies tap into their current structured and unstructured data to come up with informed business decisions.
We are willing to engage as many are willing to do that. At our last business connect event we discussed extensively with stakeholders on the potency of big data in running today’s business.
Cloud Computing: Adoption Rate, And IBM’s Expectations in The Market
First, our global CEO defines IBM as a cognate solutions and cloud platform business. That is differential in the true sense of it; based on our focus and drive. We strongly believe that cloud is the way to go. Cloud is a platform that provides new capabilities and cost saving measures for businesses. As a country, we are slow adopters but not as slow as a lot of people think.
Nigerian companies are already in the cloud; many with cloud infrastructures. A lot of companies have local clouds. So, conversation is: when are going to migrate to the hybrid cloud. As individuals we are in cloud as we go about using iPads, smartphones and other smart devices.
Where you find issues is around financial records, sensitive information and national records. I am glad that the conversations are still on-going and that the government hasn’t come up with a blanket policy on it. As the engagements continue we need to even define data; what element of data is critical. What are the motivating factors that make us use data the way we do? I think when the conversations are finalized before we can have a national policy on where data can reside. That will impact data strategy. We are working on our strategy, though without a local centre yet. But we have centres where we can connect our clients. It is our hope that we have a local hosting centre to also address issues around data governance.
Achievements with Watson In Africa
Watson is key in our engagements with clients. We are at different stages to using Watson help them solves some business problems. That is bank in West Africa we are talking to; another one in Nigeria we are discussing with too. Very soon they will engage Watson. Already, Watson is available for health and education as well as the rest of businesses.
Stepping Up Start-ups Engagements
The drive towards stepping up engagements with start-up was borne out of need to contribute to the development of the economy we found ourselves in; help to improve the quality of lives. We can only do better when the quality of lives gets better.
Recession: How ICT Can Save the Day
When economies slide into recession, it can be a blessing or curse. It is blessing because, for us as a nation, finally our eyes are clear over reliance on just a natural resources which is crude oil. I think we need to review our strategy around what will drive our economy.
It is also a good time for government to play an active role. Government needs to create enabling platforms for stakeholders to rally around and agree on where to head to. There are lots of stakeholder engagement that is going on especially around ease of doing business.
General News
Myitura Launches Women-Focused Healthcare Financing Solutions to Bridge Access Gap

In commemoration of Women’s Month, health-tech platform Myitura has released a new white paper addressing the critical gaps in healthcare financing for women in Nigeria.

Titled “Closing the Gap: Healthcare Financing for Women in Nigeria,” the report highlights how high out-of-pocket costs, limited insurance coverage, and socio-economic factors continue to prevent women from accessing timely healthcare.
According to the report, over 70% of healthcare expenses in Nigeria are paid out-of-pocket, disproportionately affecting women who often delay care due to financial and social constraints.
“When women can afford to take care of their health early, we don’t just save lives; we strengthen families, communities, and the economy,” said Chialuka Kelechi, MyItura’s Chief of Staff.
Key Insights from the White Paper:
- Preventable conditions often escalate due to delayed care
- Women are more likely to deprioritize their own health
- Affordable, structured healthcare financing can significantly improve outcomes
Introducing a Women’s Health Initiative
As part of its commitment, Myitura is launching affordable women-focused health packages (powered by Mediloan), starting at ₦58,180, designed to encourage preventive care and early detection.
The package provides access to:
- Fasting/Random Blood Sugar
- Urinalysis
- Electrolytes
- Urea
- Creatinine
- Pap Smear Submitted slides
- HIV I & II Rapid (Qualitative)
- Hepatitis B Surface Antigen Screening (Rapid)
- Hepatitis C Virus Screening (Rapid)
- Abdominopelvic Ultrasound
- Ongoing support via the Myitura platform
Access:
Women can access these packages by downloading the Myitura app, which makes healthcare more accessible and convenient.
Myitura is a health-tech platform focused on improving access to healthcare through financing, technology, and preventive care solutions.
General News
DBI Unveils Nigeria Digital Economy Outlook 2026: Q1 Report Highlights Strategic Trends, Risks

DigitalSENSE Business Intelligence (DBI), powered by ITREALMS Media, has launched the Nigeria Digital Economy Outlook 2026: Q1 Intelligence Report (Executive Edition), delivering vital insights for navigating Nigeria’s fast-paced digital landscape.

This executive summary spotlights trends, risks, and opportunities in telecommunications, fintech, digital infrastructure, policy shifts, and investment flows. It underscores digital transformation’s pivotal role in boosting economic growth, financial inclusion, and nationwide innovation.
DBI Publisher, Ogbuefi Remmy Nweke, emphasized its value for leaders: “This Executive Edition offers a sharp, strategic view of Nigeria’s digital economy during a pivotal moment. As the sector surges ahead, reliable intelligence is key to seizing opportunities and tackling risks.”
Key highlights include:
Broadband infrastructure expansion.
Surge in digital payments adoption.
Evolving regulations.
Investor pivot to sustainable, profitable ventures.
The report urges action on digital financial inclusion, infrastructure funding, skills training, and public sector digitization.
Freely accessible, the Executive Edition complements the premium Full Edition with in-depth analysis for executives and institutions. Stakeholders can request full access or briefings.
Media & Access Contacts:
Email: [email protected]
Website: www.itrealms.com.ng
General News
NASENI Renewable Energy Industrial Park Underway as Construction Gains Momentum

The on-going construction works at the National Agency for Science and Engineering Infrastructure, NASENI’s Renewable Energy Industrial Park, Gora, Nasarawa State is gathering momentum as the project is envisioned to address the country’s energy needs.

NASENI’s Renewable Energy Industrial Park, Gora, Nasarawa State
The project occupying a 40-hectare park designed as a multi-energy hub will help curb capital flight and save foreign exchange expenditure by enabling local production of key renewable energy components such as solar panels, mounting racks, wind systems and biomass technologies.
Speaking during an inspection visit on the project site on Tuesday, March 31, 2026, Special Adviser to the Executive Vice Chairman on Renewable Energy, Engr. Suyud Abdullahi Muhammad, who also serves as the Gora Project Manager, disclosed that the initiative is designed to significantly reduce Nigeria’s dependence on imported renewable energy equipment.
“There will be a wind assembly plant, small hydro power equipment production, and solar panel manufacturing; Renewable energy goes beyond just solar, and this park reflects that broader vision,” he said.
Abdullahi noted that the project aligns with NASENI’s goal of reducing energy poverty in Nigeria, where over 80 million citizens remain off-grid, while many connected to the national grid continue to experience inadequate power supply.
The Special Adviser also emphasised on the project’s industrialisation potential, highlighting its role in job creation and value chain development. The park is expected to generate 2,000 direct jobs, with an additional 50,000 indirect employment opportunities across supporting industries when completed.
“This initiative will localise the renewable energy value chain. Instead of relying on imports, Nigeria will begin to produce and eventually export these technologies, starting with the West African market and scaling up to the rest of the continent,” he added.
On sustainability and long-term viability, he revealed that the project is being executed in collaboration with private sector players, academia and other stakeholders, in line with NASENI’s “3Cs” principle of Creation, Collaboration and Commercialisation.
The ongoing construction is being handled by about 35 contracting firms, each handling specific components at varying levels of execution such as Multipurpose Halls for industrial productions, Research and Development (R&D) Centre, Knowledge Park, Energy Centre, Workshops, Researchers Lodge, Studio Apartments, Clinic, Restaurant, Wellness Centre, Solar Farm, Drivers Lounge, Gate House, Internal roads and drainage system and Fencing.
The Gora Renewable Energy Industrial Energy Park is considered a key component of the Federal Government’s Renewed Hope Agenda, aimed at strengthening local manufacturing, enhancing energy security and positioning Nigeria as a renewable energy hub in Africa.
E-Financial3 days agoNGX REGCO Fines 5 Firms N291m for Market Manipulation
News3 days agoDangote Refinery Debunks Speculations on IPO
E-Financial3 days agoFG Launches Cross-Border Digital Payments Report
News3 days agoDescasio Launches “Give to Gain” Leadership Insights Report, Hosts Executive Brunch for Women in Leadership
E-Financial3 days agoInterswitch Deepens Strategic Partnership with KCB Group to Advance Digital Payments and Financial Inclusion
News3 days agoWorld Backup Day: Research Reveals 84% of Users Store Sensitive Data Digitally
News2 days agoMicrosoft Revamps Copilot in Workplace AI Push
E-Business2 days agoKaspersky Warns of a New Phishing Technique Leveraging Bubble, a no-code AI Platform













