News
Abdulhameed: Global Recognition for Passionate Agribusiness Technocrat

By Cletus Adole
“A leader is one who knows the way, goes the way, and shows the way”. —John Maxwell
The recent announcement that Mr Aliyu Abdulhameed, MD/CEO of the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL PLC), is a winner of the prestigious Global Award of the CEO Today Magazine for 2021 will not surprise anyone familiar with the contributions which the man and the organization he leads are have made to the transformation of Nigerian agriculture and agribusiness over the past five years.

Mr Aliyu Abdulhameed, MD/CEO, NIRSAL PLC
As a result of the dynamic and innovative leadership of NIRSAL PLC under Abdulhameed’s watch, the young institution which was barely a blip on the radar five years ago has become a robust and respected presence with solid and measurable accomplishments making real impact at various levels of the agro-economy.
According to CEO Today, Abdulhameed, a highly experienced agricultural economist with over 30 years hands-on experience in agricultural value chains and markets in sub-Sahara Africa is deserving of recognition on account of the innovations and accomplishments that NIRSAL PLC has notched up under his leadership.
The evidence of the impact he is making is unimpeachable, starting from NIRSAL PLC’s core mandate of making agriculture more attractive to banks and encouraging more investment in the sector.
Among NIRSAL’s achievements under Abdulhameed’s watch is the facilitation of over $550 million to various actors across Agricultural Value Chains for mechanization activities, input distribution, and the production, processing, trading and marketing of agricultural commodities.
Related to this, commercial banks have pledged to provide an additional $500 million to fund agriculture in the short to medium-term based on their faith in NIRSAL PLC’s Credit Risk Guarantee (CRG) and structured Agro Geo-Cooperatives®.
It is an indication that financiers are growing more and more confident in lending to agriculture. This claim is supported by the remarkable growth in the rate of bank lending to agriculture, from 1.4% pre-NIRSAL to 4.8 per cent as of Q3 2020.
The CEO Today Magazine Award has been won by a select group of outstanding achievers on different continents over the years. It recognizes “strong and innovative leadership among the most inspiring CEOs and business leaders” across the world.
The highly regarded platform honours the most-respected companies and their C-Level executives who lead the way for others on a global stage.
According to the magazine, the 2021 awards are special because the CEOs selected, delivered despite the Coronavirus pandemic.
The 2021 award winners come from the academia, tech, e-commerce, public administration and more from several countries including the UAE, Germany, USA, Sweden, Bulgaria and China. The include:
Dr Abdullatif Al Shamsi, President and CEO of the Higher Colleges of Technology, the largest higher institution in the United Arab Emirates with 23,000 students across 16 campuses;
Michael Lampel, CEO and Founder of Qooper Media, an accomplished investor and business development expert based in south west Germany;
Philip Weiser, CEO of AnyDesk, an innovative remote solutions company in Germany which has witnessed impressive growth while disrupting the remote software solutions industry since the pandemic
As those who know him can attest, Abdulhameed is the kind of leader who is comfortable at all points of the leadership spectrum.
He is both a visionary passionate both about the big issues at the critical junction of agriculture and agribusiness as well as a hands-on technocrat who likes to immerse himself in the nitty-gritty details of small scale farming.
This passion shines through whether he is on the podium at a conference, marshaling his troops in the office to reach targets or on a field trip to inspect an agricultural project supported by NIRSAL PLC.
Always bustling with energy and big ideas, he is always focused on one priority whether he is discussing the latest technologies and techniques in global agriculture or the best methods to organize the millions of poor farmers for higher productivity: better results.
The award for innovative leadership is therefore well deserved because, at NIRSAL PLC, Abdulhameed is showcasing skills and experience spanning across a wide range of areas including, agricultural value chain development, agricultural value chain finance, research and innovation, extension services, agribusiness development, product marketing, strategy, project management as well as agricultural policy analysis and advocacy.
The passionate agribusiness manager and thought leader is fond of saying that NIRSAL PLC has “innovation in its DNA”. This is clear from the raft of innovations he is leading in the organization such as the creation of NIRSAL Agro Geo-Cooperative® (AGC) scheme, an ambitious, paradigmatic plan targeted at revolutionizing agricultural production and productivity in the country.
The scheme is structuring farmers and aggregating their farmlands into contiguous stretches of 250 hectares each and link them with training, inputs, mechanization, financing and produce buyers.
AGC will build on the increasing benefits of NIRSAL initiatives that are making a real difference in creating opportunities for farmers. So far, through NIRSAL’s facilitation, more than 370,000 direct jobs have been created and an estimated 1.8 million indirect jobs in the pre-upstream, upstream, midstream and downstream segments of the agricultural value chain, specifically in the areas of mechanization, input supply, primary production and processing.
Other innovations being progressed under Abdulhameed’s watch include the creation and mapping of Agricultural Commodity Ecological Areas (ACEAs); the development of the Mapping to Markets (M2M) strategy; the development of innovative index-based agricultural insurance products; the introduction of comprehensive field monitoring by remote sensing satellite systems and granular validation by UAS platforms; and the development of the Secured Agricultural Commodity Transport & Storage Corridor (SATS-C) model to address logistical inefficiencies in the agricultural value chain in Nigeria.
This is not the first significant recognition of NIRSAL under Abdulhameed’s leadership. The institution also won the Outstanding Development Finance Institution Award of the Annual BusinessDay Banks’ And Other Financial institutions (BAFI) Awards back to back in 2018 and 2019. BAFI recognizes and celebrates outstanding performance in Nigeria’s financial services industry including those that have brought revolutionary benefits to the sector.
The CEO Today award confirms the potent blend of quality and passion that defines this remarkable man and leader.
Perhaps more important, it is a credit to the unique institution he leads and the great difference that he, along with his hardworking team are making in the executive suites of the financial sector and fields of Nigeria’s agriculture and agribusiness.
*Cletus Adole is a policy analyst based in Abuja.
News
Meta Files Appeal over $25,000 Damages Awarded to Falana

Meta Platforms, Inc., global technology company, has filed an appeal against the judgment of the Lagos State High Court delivered in favour of Femi Falana, human rights lawyer, setting the stage for a potentially significant legal battle over digital rights, platform liability, and the enforcement of fundamental rights in Nigeria.

Femi Falana
The appeal, dated April 10, 2026, follows the ruling in Suit No. LD/18843MFHR/2025: Falana v. Meta Platforms, Inc., in which Justice O. A. Oresanya ruled in favour of Falana and awarded damages of $25,000 over a video publication alleged to have violated his rights.
Meta’s legal team, led by Mofesomo Tayo-Oyetibo, SAN, filed a Notice of Appeal containing eight grounds challenging both the procedural and substantive basis of the High Court’s decision.
At the centre of the appeal is a jurisdictional dispute over whether the case should have been treated as a fundamental rights enforcement matter.
Meta argued that the trial court erred by entertaining the suit under the Fundamental Rights (Enforcement Procedure) Rules, maintaining that the claims were essentially based on alleged false publication and reputational damage.
According to the company, such claims properly fall within the scope of defamation law, rather than constitutional rights enforcement.
Meta contended that by allowing the case to proceed as a fundamental rights action, the trial court assumed jurisdiction it did not possess.
The company also challenged the court’s finding of liability based on the doctrine of undisclosed principal.
Meta argued that there was no evidence establishing a principal-agent relationship between the company and the publisher of the disputed video, identified as AfriCare Health Centre.
The technology firm maintained that the video was created and uploaded by an independent third party and not by Meta itself.
It further emphasised that as a digital intermediary platform, it neither originated nor exercised editorial control over the material.
In addition, the appeal questioned the trial court’s conclusion that Meta violated Section 24(1)(a) and (e) of the Nigeria Data Protection Act.
Meta insisted that it was wrongly classified as a data controller in the case.
According to the company, there was no evidence showing that it determined the purpose or the means of processing the personal data involved in the disputed publication.
Meta also faulted the High Court’s decision to award $25,000 in damages to Falana.
The company described the award as unwarranted and urged the appellate court to set aside both the damages and the entire judgment delivered by the lower court.
Raising concerns about the conduct of the proceedings, Meta alleged that it was denied a fair hearing during the trial.
The company claimed that the trial court raised and decided certain issues suo motu without inviting submissions from the parties involved.
Meta further alleged that the court failed to properly consider key arguments presented in its defence before reaching its decision.
News
WATRA Positions West Africa’s $216bn Digital Economy for Growth

The West Africa Telecommunications Regulators Assembly (WATRA) has reaffirmed its commitment to advancing a secure, inclusive, and resilient digital ecosystem in West Africa following the successful conclusion of its 4th Working Groups Meeting in Ouagadougou, Burkina Faso—at a time when the region’s digital economy is expanding rapidly and reshaping growth prospects.

The meeting, hosted by the Autorité de Régulation des Communications Électroniques et des Postes du Burkina Faso (ARCEP), brought together regulators, technical experts, and stakeholders from across the region under the theme: “Building a Secure, Inclusive, and Resilient Digital Ecosystem for West Africa.”
In his opening and closing remarks, the Executive Secretary of WATRA, Mr Aliyu Yusuf Aboki, described the meeting as a significant milestone in the organisation’s evolution, marking the transition from dialogue to the delivery of practical regulatory tools.
Aboki is a telecommunications engineer and policy specialist with over two decades of experience across the ICT sector, including work with global telecommunications firms such as Ericsson and MTN in Nigeria and other markets.
He has played an active role in cross-border regulatory coordination, spectrum policy, and digital transformation initiatives, contributing to policy harmonisation efforts across West Africa and representing regional perspectives in international telecommunications and digital economy engagements.
As Executive Secretary of WATRA, he leads the organisation’s strategic engagement with regional and global stakeholders, helping to shape coherent regulatory frameworks and strengthen Africa’s voice in global discussions on digital policy and telecommunications development.
“Nearly two years after the establishment of the Working Groups, we can take pride in the progress achieved. What began as a vision has evolved into a dynamic mechanism for peer learning, coordination, and knowledge exchange,” Aboki said.
Over the course of the meeting, the Working Groups finalised a set of technical reports covering key areas critical to the region’s digital transformation, including 5G deployment, submarine cable resilience, cybersecurity frameworks, consumer protection, and non-geostationary satellite (NGSO) regulation.
Aboki emphasised that the outputs are intended to serve as practical instruments to guide policy and regulatory action across WATRA’s 16 member states.
“These reports are not merely formalities. They will inform policy, guide regulatory action, and strengthen regional harmonisation,” he stated.
The meeting comes at a time when West Africa’s telecommunications sector is undergoing rapid transformation, driven by emerging technologies such as digital financial services, artificial intelligence, and the Internet of Things (IoT). Aboki noted that this shift requires more adaptive and forward-looking regulatory frameworks, particularly in areas such as data protection, cybersecurity, and digital governance.
He further highlighted that the outcomes of the Working Groups will contribute to the evaluation of WATRA’s 2022–2025 Strategic Plan and inform the development of its 2026–2030 strategy.
“The reports produced here represent concrete evidence of the value generated through this collaborative approach and reaffirm the importance of coordinated regulation in bridging the digital divide in West Africa,” he said.
Economic Context: A Large and Fast-Growing Digital Opportunity
The importance of WATRA’s work is underscored by the scale of the West African economy and the accelerating contribution of digital technologies.
The ECOWAS region, comprising over 400 million people, has a combined GDP estimated at approximately $700–800 billion in nominal terms, with Nigeria accounting for more than two-thirds of economic output. This makes West Africa one of the most economically significant regions on the African continent.
Digital technologies are playing an increasingly central role in this growth. According to industry and multilateral estimates, the digital economy contributes between 4% and 6% of GDP across many African markets, with mobile technologies alone accounting for roughly 4–5% of GDP in West Africa, and rising steadily as connectivity improves.
Within this context, the West African digital market—spanning e-commerce, digital payments, connectivity services, and platforms—has been estimated at over $200 billion, with recent projections placing it above $216 billion in 2024, reflecting rapid expansion in mobile penetration, fintech adoption, and platform-based services.
Beyond scale, the digital economy is increasingly recognised as a critical driver of:
- Economic growth, through productivity gains and new enterprise creation
- Welfare improvements, by expanding access to financial services, education, and healthcare
- Inclusion, particularly by connecting rural and underserved populations
Across the region, a number of leading markets are shaping this transformation:
- Nigeria, the region’s largest digital economy and home to major telecom and fintech players
- Ghana, a fast-growing hub for digital payments and financial innovation
- Côte d’Ivoire and Senegal, which are emerging as key digital and infrastructure growth centres
These dynamics reinforce the importance of coordinated regulatory frameworks—such as those being developed through WATRA—to ensure that digital growth translates into broad-based economic and social gains.
The Executive Secretary also confirmed that the recommendations arising from the meeting will be presented to the WATRA General Assembly for consideration and adoption.
WATRA expressed its appreciation to the Government of Burkina Faso and ARCEP Burkina Faso for hosting the meeting, commending their support and commitment to regional cooperation. Special recognition was given to the Chairman of the Regulatory Council of ARCEP, Dr Pasteur Poda, and the Executive Secretary, Mr Patrice Compaoré, for their leadership.
Aboki also acknowledged the contributions of the Working Group members, Co-Chairs, Rapporteurs, and the WATRA Secretariat, noting that their voluntary efforts have been instrumental in strengthening the organisation’s technical capacity and relevance.
“As we transition into the next strategic cycle, we expect even greater impact from WATRA’s work. This will depend on sustained collaboration and the continued engagement of our experts across the region,” he added.
He concluded by reaffirming WATRA’s commitment to deepening regional cooperation and supporting the implementation of harmonised regulatory frameworks to enable digital growth and inclusion across West Africa.
News
Experts Reveal a Steady Decline of High-severity Incidents Over the Years

According to the ‘Anatomy of a Cyber World: Global Report by Kaspersky Security Services’, there has been a noticeable decline in the percentage of high-severity incidents over the past few years.

While 2021 recorded the highest proportion at 14.3%, 2025 experienced the lowest in six years at just 3.8%. This trend indicates that many attack attempts were quickly detected and effectively mitigated by Kaspersky MDR experts, preventing their severity from escalating beyond medium levels.
High-severity incidents are defined as attacks involving direct human involvement that result in a significant impact on the customer’s IT infrastructure. In 2025, the number of such incidents detected by Kaspersky MDR decreased by 19% compared to 2024, highlighting improvements in early detection capabilities and more effective remediation efforts among Kaspersky MDR clients.
A detailed analysis of the root causes of these incidents in 2025 reveals the following insights:
Human-driven attacks accounted for approximately 23% of high-severity incidents. Although this represents a slight decrease from 2024, they continue to be the primary cause of serious breaches.
Kaspersky detected such attacks in nearly 21% of customers, demonstrating that motivated adversaries persist in bypassing automated defences. Despite advancements in automated detection tools, these highly skilled attackers still find ways to evade security measures.
Confirmed cyber exercises like Red Teaming made up over 23% of incidents. When activity is verified as part of security testing, it’s often classified as infrastructure false positives, though customers frequently report them as incidents.
Social engineering ranked third, responsible for over 15% of high-severity attacks and affecting nearly 18% of organisations. These are classified as high-severity when successful and not automatically remediated, often leading to security awareness recommendations.
Security policy violations constituted just under 14% of all cases, involving legitimate accounts performing suspicious actions like data exfiltration. Malware incidents represented less than 12%, while artifacts from past attacks, or APT traces, were found in over 7% of cases. Vulnerability detection, though not core focus for Kaspersky MDR, was reported in fewer than 5% of incidents.
“The decline in high-severity incidents highlights the critical importance of adopting a proactive cybersecurity strategy. Human-led solutions such as Managed Detection and Response (MDR) and Incident Response remain essential in combating sophisticated, human-driven threats.
To further enhance the effectiveness and efficiency of in-house security teams, organisations should incorporate advanced, automated solutions like Extended Detection and Response (XDR), which provide improved visibility and enable faster responses.
Additionally, leveraging SOC consulting services can assist in building a robust Security Operations Center from the ground up or optimising an existing one for maximum performance.
An integrated approach to hybrid security operations empowers organisations to detect threats early, contain them swiftly, and ultimately prevent severe breaches from occurring,” comments Sergey Soldatov, Head of Security Operations at Kaspersky.
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