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Stakeholders Reiterate Need For Development of Local Content in the Financial Sector

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Stakeholders in the Information and Communications Technology (ICT) have reiterated the need for the use of Nigerian software in the financial sector.

 

They made this call at the ongoing stakeholder’s roundtable on the use of Nigerian software in the financial sector, with the theme:”Adoption and Development of Local Content Technology as Growth Driver for the Nigerian Economy”, holding in Lagos.

 

Dr Dan Ibrahim Azumi, DG, National Office for Technology Acquisition and Promotion (NOTAP) While speaking at the event said that their objective is to promote awareness for the development and utilization of local Technology Solutions in various sectors of the Nigerian economy.

 

According to him, “our objectives are to promote awareness for the development and utilization of local Technology Solutions in various sectors of the Nigerian economy, to discuss the challenges confronting the local Technology Solution Providers, identify specific areas where NOTAP and NITDA can intervene to create an enabling environment to enhance local vendorship.

 

“And also to identify companies with high demand for software Solutions developed in Nigeria, provide a platform for linking local software suppliers to end-users as an avenue to create  and generate employment , income  and wealth  in Nigeria.”

 

He decried the huge sums of money being remitted out of the country without the foreign ICT owners assisting local partners to develop its knowledge base, capacity and intelligence as required by the terms of the agreement entered into.

 

He urged Nigerians not to be under any illusion that foreign firms are here for the development of our country, stressing that we need to be strategic to leverage on the available foreign technologies to ensure inclusive and sustainable growth of our country.

 

Speaking earlier, Dr Ogbonnaya Onu, Minister of Science and Technology, said that the Federal Government of Nigeria is emphasising on local participation in the execution of government contracts so as improve local content in national socio-economic development.

 

Dr Onu, who was represented by Prof. Gloria Elemo, Director General, Federal Institute of Industrial Research (FIIRO) said that the Economic Recovery and Growth Plan (ERGP) of the Federal Government of Nigeria led by President Muhammad Buhari is an developmental initiative focused on restoring growth, investing in people and building a globally competitive economy.

 

He noted that  Executive Order No. 5 was signed by Mr President on February 2, 2018 with focused on the development of local content in Science, Engineering and Technology (SET).

 

According to him, “Mr President directed all MDAs of government to engage indigenous professionals in the planning, design and execution of national security projects with the intention to maximising the in-country capacity and capability in all contracts and transactions with SET components, utilizing Nigeria human and material resources in the planning and execution of Nigerian projects.

 

“The Order directed that all procurement entities of the FGN shall give preference to Nigerian companies in the award of contracts for major projects in SET and where local expertise is not available, Nigerian company shall enter into consortium with relevant foreign firms.

 

Director-General of NITDA, Dr Isa Pantami, who was represented by Dr Chris Okeke said the country saved N13 billion from 2018 up till now due to the ban of foreign techs and the use of local contents. The amount is up from the N5 billion previously recorded.

 

He said the policy was boosting ICT, the economy, the gross domestic product and helping diversity in revenue generation. He also said about 95 per cent of government websites are now hosted locally.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. 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

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KADIRS Seals 7 Telecom Masts over Unpaid N5.8Bn Taxes

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Kaduna State Internal Revenue Service (KADIRS) has sealed seven telecommunication masts within the State’s metropolis over N5.8 billion unpaid taxes on Thursday.

KADIRS Seals 7 Telecom Masts over Unpaid N5.8Bn Taxes

The telecommunication masts comprised of MTN servers at Tafawa Balewa road, Surami road, Etsu road while GLOBACOM server at Shehu  Laminu road, and a general mast (ATC) for various of the communication  servers at Unguwan Rimi, Nagwamatse road.

KADIRS also sealed the popular Mudassir and Brothers (Mudatex) textile materials outlet at Ahmadu Bello Way, over an outstanding N5.2 million for sign post advertisement.

The agency also sealed Al-Babello Trading Company Ltd at the famous Panteka market, reputed for selling roofing sheets, iron rods and other building materials over undisclosed unpaid sign posts advertisements.

Speaking to newsmen at the sideline of the exercise, Aysha Ahmad, the KADIRS Board’s Secretary and Legal Adviser, said the exercise was aimed at enforcing compliance by companies that have failed to discharge their civic responsibilities of tax payment.

“As usual, we are left with no option than the powers vested on us by the law to enforce compliance. This is why we are restraining on the premises,”she said.

Ahmad said that  KADIRS derived no joy in sealing properties or business arenas of tax defaulters, stressing that the payment of taxes was a civic responsibility of every citizen.

She equally said that they encouraged voluntary compliance, which was why they exhaust all possible means before enforcement being the final step.

Speaking further, the Board Secretary said the enforcement was part of their process to achieve the N120 billion revenue target set by the Kaduna State Government.

She, therefore, called on the people of the State to ensure voluntary tax compliance, describing it as a civic responsibility.

Also, Shamsuddeen Lere, the Legal Adviser of the Kaduna State Urban Planning Development Authority (KASUPDA), said both agencies had served the defaulters with notices, which they declined compliance.

“The monies belong to the State Government, we are coming after all the defaulters,” he vowed.

 

 

 

 


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Experts @ WATISE 2024 Explore how Emerging Trends will Shape Telecoms Infrastructure, Proffers Solutions on Challenges

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Telecommunications experts across West Africa have exposed trending innovations relying on telecoms infrastructure harping on the strategies that are crucial for the sustainability of telecommunications infrastructure to fast-track the regions digital economy.

Speaking at the second edition of the West Africa Telecoms Infrastructure Summit and Exhibtion (WATISE), with the theme: ‘Shaping the future of the telecoms infrastructure industry: Trends and Insights for a Digital Economy’ and organized by TechnologyMirror, an online telecoms news and information platform, held in Lagos, Southwest Nigeria, the experts x-ray critical issues that relates the survival of the telecoms industry using the Nigerian market as a reference point.

Leading the conversation, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr Aminu Maida, in his keynote address which was on the theme of WATISE 2.0, noted that the journey towards a digital economy has a future that is paved with immense possibilities and profound challenges noting that “how we navigate this path will determine the role Nigeria plays in the global digital landscape.”

Maida who was represented by the Head of Next Generation Technology and Standard at the NCC, Engr Victor Adoga, described telecommunications infrastructure as the backbone of the digital economy, facilitating seamless connectivity and supporting a range of services from basic voice calls to high-speed internet and cloud computing.

He stated that the rapid growth of the digital economy demands robust, scalable, and secure telecommunications infrastructure disclosing that there are several key trends that are poised to shape the future of telecom infrastructure.

According to Maida, the rollout of 5G networks is a transformative trend in telecoms infrastructure saying that 5G promises significantly higher speeds, lower latency, and greater capacity, facilitating new applications such as IoT (Internet of Things), autonomous vehicles, smart cities and advanced augmented reality.

He listed other emerging trends affecting the deployment of telecoms infrastructure across the region as Internet of Things, Fiber Optic Expansion, Data Localisation and Security, Regulatory Frameworks, Cybersecurity and Energy Efficiency and Sustainability.

He however suggested that the telecoms operators must take consider strategic actions to stay in business saying that collaboration which is partnerships between government, industry, and academia can drive innovation and development.

He added that Innovative Financing Models, Investment in Human Capital, Focus on Sustainability, Integration with AI and Machine Learning and Developing Smart Infrastructure noting also as crucial investing in rural telecom infrastructure and making digital literacy a key component of our educational programs.

Still speaking on the theme of WATISE 2.0. Chief Executive Officer of WTES Projects Limited, Mr Chidi Ajuzie who joined virtually from Ethiopia said there is deluge of connectivity from submarine cable landings linking Nigeria to Europe and rest of the world.

According to him, while there is no centrally managed national transmission backbone, licensed Operators have, over the years, built transmission networks to meet their own needs, often duplicated on most routes.

He disclosed that the Universal Service Provision Fund (USPF) has carried out a detailed study to characterize basic telephony and ICT gaps in the country, identifying 97 clusters with varying population densities and a cumulative population of about 27.91 million that suffer from significant connectivity services gaps. Digital broadband gap is even more, estimated at over 100 million population.

Ajuzie stated that to reap the benefits of broadband, there is need to close the clear gaps existing in the metro middle- and last-mile segments of the connectivity value chain. New Connectivity will be required to bridge the gaps and meet the National Broadband targets.

In fireside chat on ‘Enhancing Rural Connectivity: Strategies for Expanding Telecom Infrastructure’, Tinuade Oguntuyi, Head Network and Solutions, at Information and Communications Services Limited (ICSL) said that that rural areas need better network services for proper communication and development.

Oguntuyi, who anchored the fireside chat urged the government to support network service providers to reach more rural places as they are also full of great potentials for the growth of the nation.

Also speaking, Ahmad Tijani, a local content ICT advocate commended Federal Government projects to connect the rural dwellers and harped on the need to carry the local government leaders along.

Tijani who represented Dr. Adebunmi Adeola Akinbo, National Secretary ICTLOCA, cited the challenge of data gathering which can be sorted by the local government, calling on the grassroots to add value to the nation growth.

In his welcome address, the Convener of WATISE, Isaiah Erhiawarien said that the second edition was a step towards ensuring a reliable telecoms infrastructure for the region, and thanked the Nigerian Communications Commission, Open Access Data Nigeria Limited, Digital Realty, ICSL, HyperSpace Limited and OneData Limited for believing in the dream of the organisers.


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US Newspapers Sue OpenAI, Microsoft Over AI Chatbots

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Eight US newspapers sued OpenAI and Microsoft in a New York federal court Tuesday for violating their copyright to train the technology behind the ChatGPT and Copilot chatbots.

The newspapers, which include The New York Daily News and The Chicago Tribune, are owned by Alden Global Capital, a Florida-based hedge fund that created the second-largest US newspaper group behind USA Today owner Gannett when it bought the Tribune publishing chain in 2021.

“This lawsuit arises from defendants purloining millions of the publishers’ copyrighted articles without permission and without payment to fuel the commercialization of their generative artificial intelligence products, including ChatGPT and (Microsoft’s) Copilot,” according to the filing.

“As this lawsuit will demonstrate, defendants must both obtain the publishers’ consent to use their content and pay fair value for such use,” the filing said.

OpenAI and its Microsoft backer were also accused of offering up verbatim excerpts of full articles as well as attributing misleading or inaccurate reporting to the publications in certain requests.

Other newspapers involved in the suit were The Orlando Sentinel, The Sun Sentinel of Florida, The San Jose Mercury News, The Denver Post, The Orange County Register and The St. Paul Pioneer Press.

In a statement, OpenAI did not refer to the accusations specifically but said “we take great care in our products and design process to support news organizations.”

OpenAI pointed to the “constructive partnerships and conversations with many news organizations around the world to explore opportunities, discuss any concerns, and provide solutions.”

This referred to the news outlets that have entered partnerships with the Microsoft-backed startup instead of going to court.

They include The Associated Press, Financial Times, Germany’s Axel Springer, French daily Le Monde and Spanish conglomerate Prisa Media.

The suit on Tuesday closely resembles a case filed by The New York Times in December, in which OpenAI is also accused of stealing content to train its powerful AI.

In that case, OpenAI strongly pushed back, arguing the use of publicly available data including news articles for general training purposes is fair use.

OpenAI also accused the Times of violating ChatGPT’s user guidelines to generate the content that suited its case.

Microsoft declined to comment on the suit.

AFP


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