News
NITDA DG says New IT Policy Will Reduce Shocks from COVID19
Mallam Kashifu Inuwa Abdullahi, director general, National Information Technology Development Agency, NITDA, has averred that the new IT policy of the Federal government will aid the country overcome the impact of COVID19.
He added that the initiatives will also reposition the ICT sector to play a critical role in the diversification of the nation’s economy.
Kashifu stated this when he played host to the Commandant of the Nigerian Defence Academy, Major General, Jamilu Sarharm, and the management team of the Academy who were at the Agency to seek collaboration and support.
For him, Nigeria is lucky to have started putting out measures aimed at promoting Digital Economy.
Recalling the redesignation of the Ministry of Communications to Ministry of Communications and Digital Economy, the NITDA boss said the unveiling of Digital Economy Strategies and Planning and the Digital Nigeria project which focuses on digital capacity building and digital literacy would go a long way in reshaping our Economy in the post-pandemic era.
“These initiatives have helped because they are emerging globally and in Nigeria, what we have learned from the pandemic or the crisis just made them profound and we are all embracing digital technologies.”
He further stated that: “a lot of things are going to change. We are not going to go back to normal life. In terms of businesses, some will close down and new opportunities will come.
So we don’t want to be left behind. We want to be part of the people shaping the new normal we are currently facing.”
While admonishing that people should explore the opportunities the crisis has provided to accelerate the trend that will shape the digital economy, he reiterated the need for people to acquire requisite skills needed for the digital economy.
“When we talk about the digital economy, we are talking about the knowledge economy which human capital is a key enabler because knowledge is what influences the digital economy.”
Citing the example of how 25 people became the richest people in the world, made $255billion within two months of the global lockdown, the DG affirmed that that is the power of knowledge.
He said NITDA gives good attention to capacity building and collaborates with universities to produce the right skills needed for the digital world.
He added the MIT REAP project of the Ministry of Communications and Digital Economy identified five key stakeholders that the University is part of.
He said the idea is for the corporate to work with the University to produce the right skills needed for the digital economy.
Earlier, Major General Sarharm has informed that the management of the Academy has resolved to approach NITDA for assistance in terms of e-learning and capacity building.
Sarharm said that the management thought there is a need to pay a courtesy visit to the NITDA and seek collaboration in various areas notably in the area of ICT intervention for the Academy.
He said: “the NDA has over 2000 cadets and things are changing and affecting modes of learning especially during the lockdown, adding that the whole world is now driven by ICT, we want to engage in online training for our cadets.
“We can’t wait any longer than to come around here basically to seek collaboration and more importantly seek for assistance and expertise. In granting the prayers of the Academy, the DG assured that special consideration would be given to the requests.
“I have looked at your prayers even though you are not specific of what you really want from NITDA but you talked about e-learning, capacity building and ICT infrastructure, we do all these as interventions and we will see what we can do now and those we can plan for next year”.
CWG Plc has announced a significant milestone in its commitment to delivering value to shareholders. Following a thorough review of the company’s financial performance and outlook, the Board of Directors has approved a substantial increase of 400per cent in dividend payout to shareholders.
This decision reflects CWG’s confidence in its financial stability, growth trajectory, and ability to generate sustainable returns. By enhancing the dividend payout, CWG aims to reward shareholders for their continued trust and support while reaffirming its commitment to creating long-term value.
Mr. Philip Obioha, Chairman of the Board of Directors at CWG Plc, said, “The decision to approve a 400% increase in dividend payout underscores our confidence in CWG’s performance and outlook. We are dedicated to delivering value to our shareholders and believe that this significant dividend increase is a testament to our commitment to shareholder value creation.”
This increase in dividend payout aligns with CWG’s strategic objectives to prioritize shareholder interests and maintain strong financial discipline. The Board remains committed to prudent financial management and sustainable growth, ensuring that CWG continues to be a reliable investment for shareholders.
As CWG continues to execute its growth strategy and expand its presence in the market, the Board anticipates that the increased dividend payout will further strengthen investor confidence and support CWG’s vision for the future.
CommunicationsWeek Media Limited, a certified global ICT company with over two million online subscribers, is delighted and proud to announce Prof. Yakub Aliyu, as the keynote speaker at Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture series 2024.
Aliyu, will be speaking on the theme: Artificial Intelligence (AI): The Good, The Complex and The Anticipated”, this leans heavily on the fact that AI changing our lives– we just need to know where to look today.
This year’s rebranded Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture/Awards Series is slated for Saturday, May 25, 2024 at the Four Points by Sheraton, Lagos.
The event is the most prestigious annual event that brings together captains of industry in both technology and financial worlds.
According to Ken Nwogbo, CEO, Communication Week Media Ltd, organisers of the ABoICT Distinguished Lecture/Awards Series, “the choice of Prof. Yakub Aliyu is deliberate because of his exceptional career in Artificial Intelligence (AI)”.
He added that, AI is considered to have the potential to instigate a fourth industrial revolution,1 and is dramatically changing people’s patterns of interaction and economic activities.
“The traditional factors of production and physical capital and labour may no longer promote substantial economic growth. It is generally believed that AI will be one of the most important factors determining future economic growth,” he said.
A professor of microelectronics and a scholar-practitioner in artificial intelligence and deep machine learning for industrial applications and high-speed application processors. His research interests include Multimodal AI models for high-efficiency industrial robot applications and Human AI interactions.
He also has adjunct academic professorships at five African, USA, and UK universities. Holds a BS in Applied Physics Electronics from Karlsruhe and A Bello Universities in Germany and Nigeria, an MBA in International Business Management from the University of London, an MSEE (Master of Engineering, Electronics), and a Ph.D. in Electronics Engineering from the University of Wales.
Prof. Aliyu is the global quality director for Bourns Inc., Riverside, California, USA, an electronics system, and components manufacturer. I oversee quality functions in 21 factories worldwide.
He has also held quality and operational management leadership positions at National Semiconductors, Bell Labs-Lucent Technology, Texas Instrument, Global Foundries, and Roper Technologies USA.
Authored and coauthored over 30 Advanced Technology United States-issued patents in High-Speed Application Processors and Contributed to over 40 international impact Journals, chapters, and conferences; FASI, SMIEEE USA, MIEE UK, M. Inst pf Physics Chartered Phys and C Eng UK.
Past lecturers included Dr. Ernest Ndukwe, then executive vice chairman, Nigeria Communications Commission (NCC); Engr. Yomi Bolarinwa, former Director-General of National Broadcasting Commission (NBC); Dr. Jean Luc Fort, CEO at OR System France and a specialist in Counterparty Risk; and Professor Chris Nwagboso, Chairman, Knowledge Factory International, United Kingdom.
Others are: Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodu Omoniyi, Managing Director/CEO, VDT Communications; Ayotunde Coker, Managing Director, Rack Centre Limited; Peter Adedayo Arogundade, managing director and chief executive officer, Sidmach Technologies Nigeria Limited; Dr. Adewale Obadare, chief visionary officer, Digital Encode and John Obaro, CEO and founder of Systemspecs; Prof. Isa Pantanmi, minister of Communications and Digital Economy; Dr. Seyi Akindeind, co-founder, Digital Encode; Dr Krishnan Ranganath, Regional Director, Africa Data Centres.
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.
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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