Connect with us

General News

Software Sector Needs Patronage to Thrive-Toheeb

Published

on

Kindly share this post

Agboola Toheeb is the chief technology officer, ITRDN Technologies. He is an Information Technology Expert, a Solution Developer and Partner at ITRDN Technologies.

He has focused on supporting small business over the years, helping them to succeed.
Toheeb has a degree in computer science and a diploma in information technology.

He has been involved with many companies as a technology consultant and continues to reach new goals delivering on several IT projects and growing the company from a man’s dream into a thriving technology business. He spoke to peterugwu.

Overview of ITRDN
It is a dynamic and resourceful technology service company. We provide dependable and innovative IT solutions for small businesses and large corporations who count on technology to deliver great service to their customers.
Like we always tell our customers, with extensive and well-established experience in the IT industry, they are guaranteed high quality, cost effective business solutions.
Our business models are focused around YOU; that is, a customer-centric approach with quality driven service, proven methodologies that works and great team performance.
Meanwhile, ITRDN Technologies is an arm of a fast growing Technology Group TG, formed through strategic alliance between professionals and specialized technology ventures to deliver turnkey solutions, emerging technologies and optimizing business process.
We have been able to come up with a very successful dynamic business model in the field of IT.
The successful brands are PC Connect, NextWeb, NextHost and Train101 Academy.
The latter is dedicated to IT training and we have been doing that since 2002. PC Connect on the hand is a dedicated IT support portfolio. The way it works is very simple.
The focus is more on hardware repairs, networking, computer maintenance and services.
The targets are small and medium scale businesses who cannot afford a dedicated IT department within their business structure. We stand and provide the missing link.

Market Response
There are two sides to it. Some companies are just concerned about the payment.
Can we afford the pay? That is usually in their thinking line. On the other hand, the level of unemployment really contributes a lot to the whole matter.
The companies cannot run away from this hence IT has become part of our lives.
They just have to train and retrain personnel. On individual basis, anybody coming into the sector needs not put money first else you deviate. When we started it was because of the passion.
Only that will make you understand the rudiments. You don’t wake up to say you are a computer this or that, you grow over the years.
You will notice that before PC Connect was established it has existed as Swift Maintenance Services, by implication we have tried some models and they did not work out, however we moved on.
Thus, companies should know that the existence of quacks is fueled by the need of company’s who loves the cheaper hands at the expense of competent professionals.
For example, someone came to our office few days ago, wanted to buy Microsoft Office 2010 that goes on Microsoft site for about N85, 000 per license.
Unfortunately, the person told me there are people offering him 12 licenses for N85, 000. These are probably fraudsters, so how can you compete with that.
Therefore, the rate of unemployment and the fact that some people don’t want to be trained are contributory factors.
Expertise requires years of experience and a lot of training. You also need mentorship.
And you cannot make headway if you fail to develop a business model. Thus, even most IT engineers are not at par because they don’t see it as a business rather a shortcut to get rich by playing tricks.

Advertisement

Applying Local Software in Your Solutions
In fact, that is a major challenge in Nigeria.
Presently, the industry is not growing at expected level.
To me, the only success we have had is in terms of web applications where you have different websites that are locally built, or outsourced and maintained locally.
Which is fantastic, but other customized desktop and mobile applications that are not really focused on online solution, you will find out that we are not there yet.
Even those who are trying to develop that aspect of software are not getting patronage from Nigerians.
Unavailability of the local market is a major problem. As a country, for us to succeed on this aspect, government needs to do a lot of funding and investment into it.
Even the private sector has to encourage local developers too. We have had some experiences where schools will come to us that they need solutions that will help them manage their schools, but after a while you will find out that they will always prefer to go after the foreign software provider. What is the reason?
To develop software for a client I should be able to balance my account, but they consider it too expensive to pay the amount I am asking for. Funny enough, they are ready to go to South Africa to pay same amount, at the expense of the local developers.
We need reorientation to save the local developers. Developers are getting more dedicated and creative but in a country where you have to think about poor power supply, water and the landlords are on your neck; these things kill the interest and passion for many. No matter how you struggle, if you do not have an edge to rely on over time you get turned off.

Surviving Despite Challenges
We have been driven by passion rather than grabbing the money at first instance. However, after hitting the ‘bull’s eyes’ with my passion, I ended up making the money.
Talking about challenges, my first experience was when I met Mrs.Yemisi Kuti; I was to provide a repair service to her and she was like this small boy, can he do this. Somehow, I was given the opportunity and I fix and bring to life the system that was abandoned for about two years.
This singular conviction made her to walk down to my workshop to praise my expertise. Like I tell people that come to me, focus on impressing yourself with the quality of work you do, the challenges will definitely be there, but you will overcome.
For instance, my salary then was averagely N3000 per month and I had friends who were earning up to N20, 000, but that determination to satisfy the customers made me to continue.
Apart from that, I came from a programming background, but there was no order for software, I had to venture into repairs. At some point, I was into training.
It was in that era that I sharpened my skills in repairs. And over time, I pursued certifications, researching, all geared towards developing my skills.

Government’s Role
Recently I was at Computer Village, Ikeja and the question I keep asking is: can’t government take time to study the model we have there and replicate them in many other states? By that, they would have solved a lot of unemployment issues.
Sometimes, even the cyber criminals need just a piece of information that can assist them to know that if they can channel their energy to the right direction they can achieve greater and better results.
The fact remains that some of them are ‘Wiz kids’, considering the fact that they didn’t pass through any formal school to learn that. But it take someone to seat them down and say, ‘guys instead of doing yahoo yahoo (internet fraud), do you know if you run a blog in the next five years you will become a billionaire’.
Of course, yahoo yahoo won’t make you a billionaire in the next five years, because the money flies away just the same way you get them. Winning them over will make us have models and directions to look at.
Therefore, it is a two side thing. Government is not doing enough, and if you look at the challenges of leadership we have presently in the country, you will be forced to believe that these guys have no choice. The truth is that I do not admire what they do, but really they don’t have choice.
For instance, after I obtained National Diploma in computer then, the first job I got was in a company known for bringing out fake documents, but I said no when I discovered, however some other persons would have accepted it with both hands.
I was supposed to become a graphics designer for one of the fraudulent partners there. I turned down the offer, not because I don’t need money but because I had the right training. At that time, computer has not become paparazzi like today, so if you are computer inclined you are bound to make headways, but most offers I had were from these fraudulent groups. So both sides can do better, change their orientations.

Manpower Development
The simple truth is that the IT industry is the hardest to regulate, especially in an environment like ours.
Why would I allude to that? One can afford to go to a computer school to learn Microsoft Word, and you meet a friend, shortly to find out that he has not gone anywhere, but can operate the package better than you do.
Just like we have quacks who are building engineers, we also have many spring ball training centres that will offer training for N3000, not because they know it, but they want to fulfill certain needs of theirs too. Road side training centres are contributing to the problems of unskilled manpower we face in the industry.
But in our training centre we have one focus – to develop professionals and this also involves mentorship. Yes, there are many training centres, but government needs to step up the tempo of regulations. Even in terms of software development, and packages.Although we cannot compare ourselves with the Chinese, but I recalled an instance when the Chinese government ask Microsoft not to include certain applications in its Windows XP for their country so as to make it affordable for their people.
Can the Nigerian Government do the same for us? They won’t. Perhaps, the problem is not Google or any other big shot over ridding us, but about us looking inward and having something presentable to the world.
Today, you can’t deal with PayPal in Nigeria which is absurd considering the market potential. We have done businesses with many people without having problems, but the PayPal’s case is different because government is not taking these things serious.
That is why I said earlier that you can’t blame those yahoo boys alone, because someone that wants to do the right thing but denied access due to government’s failure to make an in-put will go the wrong way.
In the last five years we have been pressing forward for paypal to reconsider its action, but we have our limits.
Then, consider a situation whereby the president, probably through the concerned Minister calls PayPal for a dialogue, to iron out the problem that will enable Nigerians to do business with them in Nigeria.

Interest in Mobile Money Business
Yes, that is part of our future plans. I met with a CBN consultant last year to discuss the opportunities therein, but you will understand that most government policies are hard nuts to crack; as they are putting the policy in place they tie on its back obstacles that will not make it a success and the policy eventually collapses. Mobile Money is something that every Nigerian should partake in.
I found out that one thing the American government has done right for its populace was the ability of the government to anticipate what they need to do to put their people at the right spot.
It does not mean government has to push out money to everybody to do business; it has to do with information.
For instance, if someone can gather the cart pushers that park debris in our streets and tell them they can make up to N60,000 every month and plan their lives, those guys will begin to think along that line.
We must know that most business are home grown, Bill Gate started from home, late Steve Jobs, Dell started from the garage. To solve Nigeria’s problems is very simple – put the right things in place and the country will snowball into a major hub.
But as far as we keep having the same crop of people in government, it will remain a big challenge.
So, for ITRDN Technologies mobile money plan, we are looking at the best way to tap into it and our focus is to target a particular segment of the market.

Advertisement

Mobile Money in Nigeria: So far..
I have problem with anything electronic service in Nigeria. The simple reason is that they lack the structure.
And the ‘big guys’ involved in it lack the passion. When I said; big guys’ I meant the banks.
For instance, around 2006 when yahoo yahoo was nose-diving, we had a notion that these guys will turn on the banks, because they (the banks) were coming out with internet banking platforms.
We advised them to pull resources together, establish a third party that will continuously research into IT security for them to protect their banking platforms, the shocking news was that they ended up doing nothing.
A particular bank went to India to acquire software they spent huge amount and was bragging that they have IT security platform and that was the last I heard of it.
Meanwhile, IT security never stops; it is rather an ongoing thing that demands consistent development scheme. Now, how do you develop solution for those kinds of people?
I was discussing with a forensic expert recently and he asked me which is better, to go to the banks and train their staff on forensic analysis for their ICT infrastructure or to take a solution to the banks.
I told him; don’t take a solution to the banks. Yes, you can train their staff but when you take the solution to them and they start doing their underground works, definitely your solution will pick them up.
They will never buy that solution. Presently, they do a lot of things that are inappropriate and CBN (the regulator) is also aware.
That is why, to me, it was funny when the CBN Governor was pushing the idea of cashless economy.
He didn’t need to do that; after how many years of ATM? We should gradually transform into that.
So, if people have not transformed into that, it is a failure on the side of the stakeholder specifically the government. You don’t need to use a ‘koboko’ (cane) for people to jump into that.

Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Continue Reading
Advertisement
Comments

General News

FG Secures Fresh $208.3m World Bank Loan for Cash Transfer

Published

on

Kindly share this post

Federal government has secured a fresh $208.3 million financing from the World Bank to strengthen Nigeria’s cash transfer programme targeted at poor and vulnerable households as the country continues to grapple with the economic impact of ongoing reforms.

FG Secures Fresh $208.3m World Bank Loan for Cash Transfer

President Bola Tinubu’

The new facility is expected to bolster the government’s social protection initiative by providing direct cash support to millions of low-income Nigerians affected by rising living costs following the removal of petrol subsidy and the liberalisation of the foreign exchange market.

The funding forms part of the World Bank-backed social safety net programme aimed at cushioning the impact of economic reforms while improving the country’s social protection system.

It is also expected to support efforts to enhance the National Social Register, strengthen payment systems and ensure that financial assistance reaches eligible beneficiaries more efficiently.

The latest financing adds to a growing list of World Bank-supported projects approved under President Bola Tinubu’s administration.

Since the administration assumed office in May 2023, Nigeria has secured more than $11.4 billion in World Bank loan approvals across key sectors, including power, agriculture, healthcare, education, digital infrastructure, financial inclusion and social protection.

Advertisement

However, only part of the approved funding has been disbursed, with several projects still at various stages of implementation.

Government officials have maintained that expanding the cash transfer programme is essential to protecting vulnerable Nigerians from the short-term effects of economic reforms while laying the foundation for long-term economic stability.

However, the fresh borrowing has renewed concerns among economists and policy analysts over Nigeria’s rising debt burden and increasing dependence on external financing.

Critics have called for greater transparency in the utilisation of borrowed funds and improved monitoring of social intervention programmes to ensure that the intended beneficiaries receive the support.

According to data from the Debt Management Office (DMO), Nigeria’s total public debt stood at approximately ₦159.28 trillion as of December 31, 2025, with multilateral lenders, particularly the World Bank, accounting for a significant portion of the country’s external debt portfolio.

Advertisement

Despite the concerns, analysts note that World Bank loans are generally concessional, offering lower interest rates and longer repayment periods than commercial loans.

They argue that the ultimate value of the new financing will depend on effective implementation, accountability and the successful delivery of cash support to vulnerable households across the country.

Kindly share this post
Continue Reading

General News

SERAP Sues INEC over Alleged N800Bn 2027 Tinubu Campaign Fund

Published

on

Kindly share this post

Socio-Economic Rights and Accountability Project (SERAP) has filed a legal action against the Independent National Electoral Commission (INEC) for allegedly failing to investigate claims that governors under the All Progressives Congress (APC) diverted N800 billion from public funds to finance President Bola Tinubu’s re-election bid.

SERAP Sues INEC over Alleged N800Bn 2027 Tinubu Campaign Fund

The lawsuit, marked FHC/ABJ/CS/1426/2026, was filed last week before the Federal High Court in Abuja.

SERAP is asking the court to issue an order of mandamus directing INEC to investigate the allegations and compel the commission to obtain full disclosure from the APC and the governors on the alleged campaign fund, including the identities of donors and the lawful sources of the funds.Campaigns & Elections.

The organisation is also seeking an order directing INEC to commence a formal review into compliance with Section 91 of the Electoral Act by political parties and candidates, particularly regarding the sources and scale of campaign financing in the current political cycle.

According to SERAP, the allegations raise serious concerns about political finance transparency, electoral integrity and Nigerians’ constitutional right to participate freely in governance.

Advertisement

In the suit filed on its behalf by lawyers Kolawole Oluwadare and Kehinde Oyewumi, the organisation argued that the reported diversion of public funds for political purposes poses a significant threat to the credibility of the 2027 general elections.

It maintained that opaque political financing remains a major gateway for corruption and undermines public confidence in democratic institutions.

“The abuse of state resources for electoral advantage undermines democratic integrity and public trust. Fairness, transparency, and accountability in political or campaign finance are essential safeguards against corruption, state capture, and undue influence in democratic processes,” SERAP stated.

The organisation argued that Section 91 of the Electoral Act empowers INEC to regulate political donations, require disclosure of campaign contributions and enforce sanctions where donation limits are exceeded.

It noted that political parties found to have exceeded donation limits are liable to a fine of up to N10m and forfeiture of excess funds, while individuals who exceed the legal threshold face fines amounting to five times the excess contribution.

Advertisement

SERAP further contended that the commission has constitutional and statutory obligations to ensure transparency in political financing and prevent the misuse of public resources for electoral advantage.

According to the group, allegations involving large-scale public funds and opaque financial arrangements fall squarely within INEC’s investigative and monitoring responsibilities under the Constitution and the Electoral Act.

The suit also cited Sections 13, 14(2)(c) and 15(5) of the 1999 Constitution (as amended), arguing that they impose obligations on public institutions, including INEC, to safeguard democratic participation, prevent corruption and uphold constitutional principles.

SERAP further relied on international legal instruments, including the African Charter on Human and Peoples’ Rights, the International Covenant on Civil and Political Rights and the United Nations Convention against Corruption, which it said require transparency in political financing and accountability in the management of public resources.

The organisation argued that any diversion of public funds for campaign purposes would amount to a violation of both domestic and international legal obligations and would undermine the principle of a level playing field in elections.

Advertisement

No date has been fixed for the hearing of the suit.

Kindly share this post
Continue Reading

General News

Hydrogen Employees Lead Blood Donation Drive to Support Lagos Communities

Published

on

Kindly share this post

Hydrogen Payment Services Company Limited has reinforced its commitment to community impact through an employee-led blood donation drive in partnership with the Lagos State Blood Transfusion Service (LSBTS) and Gbagada General Hospital.

Held recently, the initiative extended this year’s World Blood Donor Day campaign, themed “One Drop of Humanity. Give Blood. Save Lives.” It brought together Hydrogen employees in a collective effort to strengthen blood reserves for patients across Lagos State.

The drive recorded strong participation, with employees voluntarily donating blood to support critical healthcare needs, including emergency care, surgical procedures, maternal health, sickle cell treatment, and assistance for accident victims. The contributions will help bolster the state’s blood bank and improve access to life-saving interventions.

Medical teams from LSBTS and Gbagada General Hospital supervised the exercise and engaged participants on the importance of regular voluntary blood donation. They also addressed common misconceptions, reinforcing the role of consistent donors in maintaining a safe and adequate blood supply.

Dr. Folashade Tawak, Senior Medical Practitioner with the Lagos State Government, commended the initiative.

Advertisement

“Voluntary blood donation remains one of the most impactful ways individuals can contribute to saving lives. We commend Hydrogen for driving this initiative and encouraging active employee participation. Efforts like this are critical to sustaining the blood reserves needed for patients in urgent need,” she said.

Fiyinfoluwa Olorunsola, Acting Chief Executive Officer of Hydrogen, said the initiative reflects the company’s broader purpose.

“At Hydrogen, our responsibility goes beyond building payment infrastructure. We are committed to making a meaningful difference in the communities we serve. This drive brings our people together around a cause that directly saves lives, and I am proud of the culture we are building, defined by purpose, compassion, and service,” she noted.

Also speaking, Obinna Ojekwe, Head of Marketing and Communications, highlighted the personal impact of the initiative: “While we enable the seamless movement of value every day, this initiative allowed us to give something more personal. Knowing that a simple act can save lives makes this deeply meaningful, and it reflects the kind of organisation we are proud to be part of.”

The blood donation drive underscores Hydrogen’s commitment to creating value beyond financial transactions by empowering its employees to contribute meaningfully to society. It forms part of the company’s broader 2026 employee volunteering and CSR programme, with additional community-focused initiatives planned throughout the year.

Advertisement

Hydrogen Payment Services Company Limited Hydrogen Payment Services Company Limited (Hydrogen) is Africa’s institutional payments infrastructure partner, enabling financial institutions and large organisations to process, move, and settle payments at scale with trust and operational integrity.

Through resilient, Africa-focused infrastructure, Hydrogen helps institutions manage payment complexity, improve efficiency, and deliver reliable services across the continent.

Kindly share this post
Continue Reading

Trending