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Kashifu Inuwa’s Extraordinary Two Years As DG NITDA
By Mubarak Umar
Two years have gone, and it was just like yesterday, President Muhammadu, GCFR, approved the appointment of Malam Kashifu Inuwa Abdullahi, a Massachusetts Institute of Technology (MIT, USA) – trained IT expert, as the Director General, National Information Technology Development Agency (NITDA), following the elevation of the then Director General, Dr Isa Ali Ibrahim (Pantami) FNCS, FBCS, FIIM, to the position of Minister of Communications, which was his ministry later re-designated to Ministry of Communications and Digital Economy.
With his appointment, it is heartwarming to note that growing corps of well-educated, world class technocrats are coming to the public domain to help change the narrative in public service.
Kashifu Inuwa Abdullahi, the current Director General of (NITDA, has equipped himself with leadership and management courses at Harvard University (USA) and IMD Business School, Switzerland before his appointment as DG, NITDA on 20th August, 2019.
He is one of the growing numbers of leaders appointed by the present administration many Nigerians are proud of.
In these two years, Abdullahi proved to the world that he knows the ICT global terrain deeply and he is very aware of the challenges, limitations and constraints keeping Nigeria – a nation of about 200 million lagging behind in the evolving world of digital economy. Against all odds that face Nigeria’s IT sector, Kashifu has an indefatigable vision and passion to take the nation into the comity of nations running on digital economy.
Tough, it is a herculean task considering six month after his appointment, the entire world found itself fighting an invisible enemy – COVID-19, but that does not stop him from looking outside the box to find out the lasting solutions of the economic challenge posed by the deadly virus.
Abdullahi has already made it to a stage where he plays pivotal roles in Nigeria’s quest to be Africa’s largest digital economy. Since ascending leadership of NITDA, there has been a steady and impressive implementation of the Strategic Roadmap for the Development of Nigeria’s IT sector envisioned by Dr Isa Ali Ibrahim Ibrahim (Kashifu’s predecessor at NITDA who is now Minister of Communication and Digital Economy), as well as implementation of President Muhammadu Buhari’s core vision of Economic Recovery and Growth Plan (ERGP) through Information Technology.
For Nigeria to effectively operate a digital economy, NITDA mapped out a Strategic Roadmap and Action Plan (SRAP 2021-2014), pillars identified by the Agency as the fulcrum for the Roadmap are: 1) Developmental Regulation; 2) Digital Literacy and Skills; 3) Digital Transformation; 4) Digital Innovation & Entrepreneurship; 5) Cybersecurity; 6) Emerging Technologies and; 7) Promotion of Indigenous Content.
SRAP has been broken down into strategic initiatives that speak to its goal. The resultant initiatives were further fragmented into activities and an implementation plan which was in turn developed for these initiatives. Also, a result monitoring framework was developed for identified key performance indicators of each of the initiatives.
The Agency set out strategies to digitize government functions and processes and it successfully created over 150 user accounts to enable Ministries, Departments and Agencies (MDAs) submit their IT projects through the agency’s IT projects clearance portal, licensed of 94 Data Protection Compliance Organizations (DPCOs), and of Nigeria Government Enterprise Architecture/Nigeria e-Government Interoperability Framework (NGEa-Ne-GIF).
Under Kashifu’s watch, NITDA has developed several regulatory frameworks for information technology development, which most of them have been published both on soft copy and hard copy by the Agency.
The Standards, Guidelines and Frameworks developed by NITDA include: Nigeria Government Enterprise Architecture (NGEA); Public Private Partnership regulatory framework for ICT and eGovernment projects; Government Digital Service Framework (GDSFrame); National Block Chain Adoption Strategy Document; Nigeria Digital Agriculture Strategy (NDAS-2020-2030); Business Process Management Guide for Federal Public Institutions (FPIs); Management System Guidelines for Federal Public Institutions (FPIs); Government Digital Transformation Performance (Readiness) Assessment Toolkit (GDT-PAT); and eGovernment Masterplan and Digital Transformation for Jigawa, Nasarawa and Ogun States, to mention a few.
To drive these initiatives, the Agency set up an ICT Technical Working Groups in MDAs to enable the adoption of Ne-GIF, NGEA and other related initiatives to drive ICT, e-Government and made a mandatory ICT Capacity Building for staff of MDAs. It organised Capacity Building and Certification of 442 Digital Transformation Technical Working Group (DT-TWGs) members drawn from different Federal Public Institutions (FPIs).
Furthermore, during these two years, Kashifu continues from where his predecessor stopped in unfolding potential Nigerian farmers through Federal Government initiative of National Adopted Village for Smart Agriculture (NAVSA), to change the face of agric sector in the country.
National Adopted Village for Smart Agriculture is an ecosystem-driven digital platform envisioned for the transformation of the agriculture sector in Nigeria. It is designed to help farmers and other agricultural ecosystem players navigate their journey across the agriculture value chain. This journey cuts across farm production to management, processing, harvesting, storage, marketing and consumption. 565 farmers were trained and empowered with digital devices and N100, 000 seeds funding, which also created jobs direct and indirect jobs in the country.
NITDA also launched the National Adopted School for Smart Education (NASSE) to promote digital literacy and skills among students with 500 students and 30 teachers at Junior Secondary School Karshi benefited from the pilot scheme. The Agency supervised training of a total number of 1,858 Artisans across the 6 Geo-Political Zones on digital literacy and phone repairs.
The Agency also conducted training for 200 women on ICT and Entrepreneurship, each provided with Laptops (pre-installed e-learning & graphics Software), Internet Dongles & Bag-Packs, 1200 direct jobs and 3000 indirect jobs were created; it further graduated 300 Nigerians on Software, Mobile App & Web Development, and Entrepreneurship. People Living with Disabilities were also not left behind, as NITDA trained 30 and 52 persons in Kano and Enugu respectively, and laptops were giving to them as working tools.
In addition to making an effort in IT development as well as enhancing the IT capacity of the citizenry, hundreds of IT Hubs, IT Parks, and Community ICT Centres were either deployed, furnished or equipped with world class facilities across the states of the country.
On cybersecurity, NITDA conducted five (5) incidents analysis affecting National ICT infrastructure, handled 34 hacking of MDAs’ websites, 15 ENDSARS hacking attempts resolved, 10 defacement of MDAs’ websites handled, and dark web monitoring 15 incidents handled.
The Agency, under the supervision of its mother Ministry, launched NITDA Academy for Research and Training (NART) with 67 plus active courses, 58227 plus active students and 55,539 plus active training sessions.
To ensure Nigeria’s fool of talents was not left behind, the Agency Establishment National Centre for Artificial Intelligence and Robotic (NCAIR), NITDA aims through NCAIR, to drive and support the research, development, and adoption of Emerging Technologies in Nigeria.
The Centre is creating the required environment for Nigeria’s teaming youths; encourage innovation and indigenisation of technologies to help address the continuous reliance on foreign products and services which has negative impact on the country’s economy. It serves as a bridge between the Government, industry, and the academia in providing research environment for creativity, idea integration, collaborative environment, development of ICT policies, processes and strategies.
As a result of Kashifu’s commitment, Nigeria made history when it received Public Key Infrastructure (PKI), during the handover ceremony of Root Certification Authority (RCA) for Country Signing Certification Authority (CSCA) and Country Verification Certification Authority (CVCA) of the Federal Republic of Nigeria.
With the strategy already in place, the Agency has succeeded in programming, developing and mapping out digital process to cushion the effect of Coronavirus since it is outbreak globally; Nigeria COVID19 Innovation Challenge, an online innovation challenge that was set up to meet the challenges our society was, and still facing as a result of COVID-19 pandemic. Developers, entrepreneurs and other creative minds joined to experiment and build software solutions to help address this crisis, received overwhelming applicants in Nigeria.
Though, considering the vast technology expertise possessed by the DG, Nigerians always ask why Kashifu Inuwa has such intellectual prowess which makes him an extraordinary Chief Executive in discharging his duties in the last two years as Director General, NITDA.
DStv has launched a new campaign tagged “We Got You”, aimed at giving customers more entertainment value at the start of the year without additional cost.
DStv
The campaign, which runs from January 1 to February 28, 2026, allows subscribers who pay for their current package in full to enjoy an automatic upgrade to the next DStv package.
The initiative is designed to ease the pressure that often comes with January, a period marked by school resumption, tighter budgets and increased household demands.
Through the offer, DStv is rewarding customer loyalty by unlocking more channels, stories, sports, children’s content, local productions and international programmes at no extra charge.
Speaking on the campaign, Tope Oshunkeye, Executive Head of Marketing, West Africa, MultiChoice, said, “We want our customers to step into the year feeling valued.
“When you buy your package, we upgrade you because you deserve more. This is our way of bringing extra excitement, choice and convenience into your home.”
According to DStv, the offer is open to existing subscribers who remain active during the promotion period, customers who reconnect their decoders, and new subscribers who join between January 1 and February 28.
Under the offer, subscribers who pay for DStv Yanga will be upgraded to DStv Confam, Confam customers will receive DStv Compact, Compact subscribers will be upgraded to Compact Plus, while Compact Plus customers will enjoy access to DStv Premium.
The upgrade applies only to decoder viewing, and subscribers will revert to their original packages at the end of the promotion period.
Federal Inland Revenue Service (FIRS) has officially given way to the Nigeria Revenue Service (NRS), signalling a pivotal shift in the country’s revenue administration framework as the Nigeria Revenue Service Establishment Act 2025 takes full effect from January 1, 2026.
NRS
President Bola Ahmed Tinubu signed the landmark legislation in June 2025, alongside a comprehensive package of tax reforms designed to streamline compliance, expand the tax net and bolster federal revenue for critical infrastructure and social services.
At a colourful ceremony in Abuja on December 30, 2025, NRS Executive Chairman, Dr Zacch Adedeji, unveiled the agency’s new logo and corporate identity, describing it as a beacon of modernisation and efficiency.
Adedeji, who doubles as the pioneer helmsman, stated that the fresh branding embodies “a renewed commitment to a unified, service-driven revenue system” in line with global standards and Nigeria’s economic aspirations.
“The new identity underscores continuity in mandate, enhanced capacity and proactive taxpayer support, fostering trust and shared prosperity,” he added, according to a statement by his Special Adviser on Media, Mr Dare Adekanmbi.
The NRS emergence caps decades of advocacy for tax overhaul, repealing the FIRS (Establishment) Act 2007 and vesting the new body with broader powers for revenue assessment, collection and accountability.
Judicial hurdles were cleared when an FCT High Court dismissed suits seeking to stall implementation, paving the way for the four key Acts — Nigeria Revenue Service, Tax Administration, Nigeria Tax and Joint Revenue Board — to roll out seamlessly.
Despite pockets of controversy, including claims of bill alterations, the Budget Office affirmed the laws’ authenticity, prioritising fiscal stability and investor confidence.
For ordinary Nigerians and enterprises, the NRS promises simplified processes, digital innovations and reduced red tape to ease compliance burdens while curbing evasion.
Technical Assistant on Broadcast Media to the Chairman, Mrs Aderonke Atoyebi, reassured that core values of integrity, fairness and professionalism persist, with staff nationwide driving the transition.
Industry watchers anticipate a surge in non-oil revenue, crucial as Nigeria navigates global headwinds, with the NRS positioned to elevate the tax-to-GDP ratio through transparent engagement.
Gold remains one of the most powerful commodities in the global financial architecture. It is widely recognized that, for traders in Nigeria, specifically, currency pressures, inflation expectations, and shifts in global liquidity make up the macro environment more often than not; hence, understanding the correlation of gold with key Forex assets is more of an economic insight than a trading tactic.
The correlation between gold and currencies, equities, bonds, and even energy markets provides a broader framework for interpreting global risk sentiment. A growing number of Nigerian investors use this correlation to hedge against inflation, read capital-flow trends, and adjust trading strategies across major currency pairs.
Why Gold Matters in Today’s Macro Environment
This can be explained by looking at the larger picture and how global factors either positively or negatively impact the price of gold: spiraling inflation, geopolitical tension, tightening by central banks, and the flight-to-safety dynamic that heightens in moments of market stress. African traders, especially those active with international brokers such as JustMarkets, are very sensitive to how gold performs not only as a commodity but also as a macro indicator.
Indeed, the strongest correlations of gold are more often found with the US dollar, major bond markets, equity indices, and energy instruments in periods of high geopolitical risk. Each one of these offers a different angle for Nigerian traders to approach macroeconomic changes.
Gold and US Dollar: The Most Watched Correlation
The inverse correlation between XAU and the USD remains one of the bedrock relationships in global finance. It usually weighs on gold because a stronger dollar raises the opportunity cost of holding the metal. Conversely, the opposite has occurred when the market has priced in rate cuts, rising inflation, or policy uncertainty.
This relationship provides Forex traders in Nigeria with a macro perspective:
USD strength; pressure on gold; bullish signals for USD-pairs like USD/JPY or USD/CHF
USD weakness; appreciation of gold; potential strengthening of the non-USD majors
This dynamic is often emphasized by platforms such as JustMarkets in their markets analytics, allowing traders to match the technical setup with real policy shifts from the Federal Reserve.
Gold and Bond Yields: A Window into Global Risk Appetite
Gold is highly sensitive to real interest rates. When US real yields fell, it sent gold higher because investors saw it as a hedge against inflation and thus a haven. Yet higher yields tend to dampen demand for precious metals.
To traders, this correlation is a reason for short-run volatility around announcements like:
US CPI
FOMC decisions
Results of Treasury auctions
In countries like Nigeria, when domestic inflation is high and Naira pressure amplifies sensitivity to global risk, the movement of gold often proves an early indicator of how capital might rotate between safe havens and risk assets worldwide.
Gold and Equity Markets: The Fear Gauge
While geopolitical tensions or recession fears tend to deflate equity markets, they strengthen gold. This negative relationship is considered helpful for traders looking to deduce spikes in volatility and risk-off flows. Examples include:
Sharp US30 or NAS100 declines coupled with XAU/USD rallies
Broad-based sell-offs driven by political uncertainty or commodity shocks
This dynamic helps explain to the Nigerian analysts focused on policy and political economy how global risk events transmit to the local market through capital-flow sentiment.
Gold and Energy: Transmission via the Inflation Channels
Although gold and oil are not directly correlated, both respond to inflation expectations. Surging oil prices can fuel inflation forecasts that support the price of gold.
This channel is particularly important in the case of Nigeria, a major oil exporter. When crude markets temporarily tighten due to supply disruptions or OPEC policy decisions, gold becomes a complement to hedge against global inflation risk.
Trading with the Use of Gold Correlations
A structured approach allows traders to put gold’s relationships into practice:
Start with the macro driver.
Identify whether inflation, geopolitics, or monetary policy is the primary force shaping markets.Translate the macro event into correlation expectations.
Example: falling bond yields lead to a weaker USD, which in turn supports gold and could lead to upside in EUR/USD.Use correlation clusters instead of isolated signals.
Gold + USD + bonds provide a more reliable picture than gold alone.Apply risk management aligned with volatility cycles.
Gold’s volatility often spills over into major currency pairs.
Market platforms like JustMarkets emphasize these cross-asset links to help traders simplify complex macro interactions into actionable insights.
Why Nigerian Traders Pay Close Attention
The Nigerian economy is highly integrated into global commodity flows; inflation cycles, dollar liquidity, and geopolitical developments tend to reach the local market faster than the pace at which policy adjustments can be made.
Gold serves as a barometer of global risk, a hedge against currency depreciation, and a signal of moves in the key USD pairs that headline Nigeria’s trading activity.
In a region increasingly active in the Forex market, understanding the relationships involving gold is not just about trading but also a strategic tool for analyzing global economic behavior
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