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Conducive Ecosystem can Create Local Apps HoneyPot -Bolade

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Bolade Oyekanmi, digital & content analyst, Samsung West Africa
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Bolade Oyekanmi is the digital and content analyst, Samsung West Africa who believes Nigerian local (application) developers can perform better with the availability of friendly ecosystem.
He also talks about the initiative by Samsung Mobile in collaboration with Co-Creation Hub (CC-Hub) Nigeria tagged Idea Challenge- a platform to meet, brain-storm, share ideas and collaborate on ways to solve social problems via mobile apps.
He spoke to peter ugwu.

What Is Idea Challenge All About?
Idea Challenge is one of Samsung’s ‘Built for Africa’ Projects. It came about with our collaboration with CC-Hub Nigeria. What we are doing basically is to stimulate apps development ideas in the minds of young apps developers in the country. 
The ideas Challenge is not limited to apps developers, rather it is open to all who use mobile phones.
 We expected them to submit ideas, regarding things they have been experiencing on their mobile phones and solutions on features they expect to see when using these devices.

What Are The Expectations?
The ideas where not generated just this day.
The submissions were done between August and September. So it took sometimes for us to collate them, about 96 which we trimmed down to 37.
 And out of that 37 there was an in-house voting and rating to ensure transparency, particularly in choosing the best.
We looked at each idea and ones already existing were dropped because everybody knew they are already there.
The focus was to generate new ideas.
 For those accepted, we will have discussion with the initiators, to see how we can link them up with someone that develops applications.
Not only that, we will seat them together to determine which one of them will move to the next stage.
 However, in the spirit of Samsung, we expect every one of them to see the light of the day. 
What we have noticed generally is the fact that application development is wild and only the people that have the passion and the tenacity to continue working on those ideas that actually see it mature. And that is one of the reasons we staged the Idea Challenge.
A lot of people have ideas, but they don’t have the technical know-how to bring these applications into fruition. Is not just about having an idea, the major process is developing the idea or giving it blood to live.
I can have over 20 ideas in my head, but having a befitting system or environment to seat down and code these ideas is a major challenge.
That is where CC-Hub comes in. CC-Hub I can say has the technical support the initiators should have to develop their ideas.  And we need more of them.

Can They Leverage On Your In-House Developers?
Samsung as a company does not have in-house developers.
It is through this kind of collaboration; people available there due to the conducive environment, the attention you need and other logistics they need to develop, so we collaborate with them (CC-Hub) on content development and ideas.
 I believe that they are major players in the eco-system. That is why we said, ideas generated in the public, bring them to CC-Hub, we collate them, hibernate them to ensure the bits are put together to form a whole.  

Is This Platform Different From Samsung Academy?
Definitely; Samsung Academy is more of an engineering based Institute where you will learn to deal with the device; repair the hardware, but this platform is basically on the developing the operating system, which is the software aspect.
So, here (CC-Hub) you don’t need to be a graduate, no screwdriver, saw or anything, all I need is to have my laptop and code my idea into any language I want to.

What Does The Future Hold For Apps Developers In Nigeria?
From what I have seen and this being the first there is hope for the industry. We will also continue to have series of idea challenge competitions.
What I have seen is that we have people who really think about solving social needs applications.
 At this very competition, we saw developers channeling their minds on how to help people with health impairments-diabetes, confirmation of NAFDAC registration, identification of fake drugs.
We also saw application to empower citizens to communicate with their representatives; all those are social problems that we need to tackle.
Over time, people are really going think deep and come up with ideas on solving social problems.
This being the first, we didn’t expect something gigantic, rather a response that will suppose what we thought. At the end of the day we were able to receive 96 ideas.

Processes Of Short Listing And How do Winners Emerge?
Ok, September 14, 2012 was the last date for submission o f applications and we conducted an online voting or rating and some criteria were stated from the beginning of the competition, eight of them.
But the major instruction was that it must not be an idea already existing; reason being that we do not want to have copyright issues; it must solve a current social need not personal need; must be marketable in the sense that whoever has it on his phone can add something like advertisement; it must enrich the pocket of the originator; and it must be scalable.
 For instance, if it works for Chat 222 or java you must be able to scale it to higher Samsung devices; viability in terms of satisfactions to be derived by the users.  After the date there was a panel that sat to determine if the criteria set we met.
Some were rejected because our criteria are different from others. We are more concerned on how the application runs; what are the behind the scenes of the application.
We want something we are sure of the security, and delivering outputs according to expectations.

How Can You Rate The Apps In Terms Of International Standards?
Speaking on international standards, we work towards beating whatever standard being set by any company, however, there are basic things like when you are developing an Android App it must been able to run across all ranges of the operating system.
 It must be able to work across all the screen size and resolutions.
They are the major considerations to make if you are developing applications in Nigeria.

What Challenges Are You Having In Organizing This Kind Of Competition?
Challenges in developing local applications, I would say they are challenges; rather they are more or less an encouragement for people to develop these applications.
 People look at Nigerian applications as not meeting international standards.
But in recent months, I found out that you have to use one or two of those applications to show that we can make it. I recommend to a lot of application developers in Nigeria to go to Samsung App stores and try the Nigeria versions we have there.
They are amazing. I can’t name any of them to avoid being biased, the thing is get a Samsung Android Device, and get to Samsung Apps Store and see what Nigerians are actually doing.
 I would always say it, I am proud to be a Nigerian. 
Those applications developed here can compete internationally, only that we need the some of the developers to understand the mechanics and hard works they need to put into application development.

How Viable Are The Apps Submitted?
I have seen some applications that I would just tell the developer to revisit the work; I have equally seen some that are work.
 And when they come out, those people will definitely sell.
I see the upcoming local developers becoming the giants in the industry.
Today we have an application that sells at $2 million because it runs on the mobile device. That is where developers are channeling their interests now.
They are trying to tell us the benefits of our mobile devices. And out of those benefit come different applications that run across different procedures.
 In the next few years I look toward to see more applications done by Nigerians, because they are needed to solve our social needs. And they run on the right operating systems.


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FG Says It May Reject World Bank Loans over Delays

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Dr Shamseldeen Ogunjimi, accountant-general of the federation, has warned that the federal government may reject loan facilities from the World Bank if delays in approval and disbursement persist, saying prolonged timelines could undermine the country’s willingness to proceed with such arrangements.

FG Says It May Reject World Bank Loans over Delays

The warning was contained in a press statement issued on Friday by Bawa Mokwa, director of press and public relations at the office of the accountant-general of the federation.

Ogunjimi, who spoke in Abuja during a courtesy visit by a World Bank delegation led by Mrs Treed Lane, stressed that Nigeria expects timely processing of funding requests, given that the facilities are loans and not grants.

He said, “If approvals take more than six months, the Nigerian Government may no longer honour such arrangements,” highlighting concerns over bureaucratic delays in accessing development financing.

The AGF noted that as a responsible borrower, Nigeria should not be subjected to prolonged approval processes that could affect project execution timelines and broader development objectives.

He therefore urged the World Bank to “expedite the approval and disbursement of project funds to Nigeria” to support the country’s priorities.

Ogunjimi emphasised that the loans carry repayment obligations, making it imperative that disbursement processes align with project schedules and fiscal planning frameworks.

He further disclosed that the Office of the Accountant-General of the Federation had begun addressing key issues raised earlier by the World Bank, particularly in public financial management and audit reporting.

According to him, the 2023 Audit Report would be submitted to the Office of the Auditor-General for the Federation within two weeks, while work on the 2024 and 2025 audit reports was already underway.

The AGF also assured the delegation that steps were being taken to resolve concerns around the digitalisation of the Government Integrated Financial Management Information System, noting that obsolete infrastructure was being replaced with modern technology to improve efficiency and service delivery.

He said the reforms were part of broader efforts to strengthen transparency, accountability, and the overall public financial management system in Nigeria.

Earlier in her remarks, the World Bank delegation leader,  congratulated Ogunjimi on his recent appointment as African chairman of the Association of Accountants-General.

Lane also urged the Office of the Accountant-General to sustain its digitalisation drive and ensure the timely presentation of financial statements to the Auditor-General, noting that such measures were critical to achieving seamless public financial management processes.

The World Bank earlier explained why about six loans worth $2bn, signed for Nigeria in 2024, are yet to be disbursed nearly a year after the bank’s approval.

This came amid recent reports that the World Bank approved a total of $8.40bn (N12.89tn) in fresh loans to the country over the past two years, based on data from the bank’s official website.


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AfDB Approves $61m Package to Boost Women-led Businesses in Nigeria

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The Board of Directors of the African Development Bank Group (AfDB) approved a $61 million financing package for the Development Bank of Nigeria (DBN) to expand access to affordable credit for women-owned and women-led businesses across Nigeria, particularly in the agricultural sector.

The financing comprises three instruments: a $50 million gender-focused line of credit; an $8 million concessional facility under the Agri-Food SME Catalytic Financing Mechanism (ACFM); and a $3 million grant under the Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative, funded by the Women Entrepreneurs Finance Initiative (We-Fi).

This package demonstrates the Bank’s commitment to private sector-led growth by combining long-term financing, concessional resources, partial credit guarantees, and capacity-building support. It will be chanelled through DBN’s network of participating financial institutions to strengthen MSME lending and advance Nigeria’s inclusive economic transformation, particularly through women entrepreneurship and agricultural development.

A defining feature of this operation is its strong gender focus, with more than 95 percent of the total financing earmarked for WSMEs. This targeted approach aligns with the objectives of AFAWA and ACFM and the Bank’s broader commitment to narrowing the gender financing gap in Africa. The performance-based incentives under the AFAWA programme are expected to expand the number of eligible women-owned enterprises while increasing the share of women-focused lending within DBN’s MSME portfolio.

Commenting on the approval, Dr Abdul Kamara, Director General of the African Development Bank Group Nigeria Country Office, said: “Women entrepreneurs are one of Nigeria’s greatest economic assets and one of its most underleveraged. This operation reflects the African Development Bank’s commitment to unlocking economic opportunities for women.

“By working through DBN to reach women-owned businesses in agriculture, clean energy, healthcare, and beyond, we are not just expanding access to credit; the Bank is investing in the engine of Nigeria’s inclusive economic transformation.”

The approval further deepens a longstanding partnership between the African Development Bank and the Development Bank of Nigeria, dating back to the AfDB’s role in DBN’s establishment through start-up equity, long-term financing, and governance support, alongside the Federal Government of Nigeria and other development partners.

The operation aligns with the African Development Bank’s Four Cardinal Points framework, particularly the pillar on harnessing demographic transformation for economic development, as well as the Bank’s Ten-Year Strategy (2024-2033), which prioritises inclusive growth, private sector development, and gender equality.

It also supports Nigeria’s Country Strategy Paper (2025–2030), which emphasizes gender- and youth-inclusive green growth, and complements national priorities on entrepreneurship, inclusive development, and women’s economic empowerment.


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NRS Extends Saturday Tax Office Operations Nationwide Ahead of Rev360 Rollout

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The Nigeria Revenue Service (NRS) has announced the extension of weekend tax office operations across the country as part of preparations for the rollout of the Rev360 Phase I Tax Administration System.

In a public notice issued in Abuja on May 7, the Service stated that all Emerging, Medium, Large, and Government Business Offices nationwide will now open on Saturdays from May 8 to June 27, 2026.

According to the notice, the offices will operate between 10:00 a.m. and 3:00 p.m.

The NRS explained that the initiative is aimed at providing additional taxpayer support and improving service delivery during the implementation of the new tax administration platform for Medium and Emerging Taxpayer segments.

The Service noted that the extended Saturday operations are designed to assist taxpayers requiring guidance with the new system, facilitate seamless compliance during the June peak Companies Income Tax filing period, and improve access to tax services outside regular weekday hours.

It encouraged taxpayers to take advantage of the initiative to resolve tax-related matters, seek necessary guidance, and ensure timely compliance with their tax obligations.

“The NRS remains dedicated to delivering efficient, transparent, and taxpayer-focused services,” the statement read.

The notice was signed by Zacch Adedeji, PhD, Executive Chairman of the Nigeria Revenue Service. “You say Transformation, We say Rev360.”


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