News
ANSICTA to Hold Maiden Anambra Innovation Stakeholders Summit on July 28

All is now set for the maiden edition of the Anambra Innovation Stakeholders Summit 2021 being organised by Anambra State Information and Communication Technology Agency (ANSICTA).

The summit scheduled to hold virtually on Wednesday July 28, 2021, with the theme “Incubating A Digital Revolution,” would rally discussions on the resilience and creativity needed to drive development, innovation and technological advancement of Anambra especially in a time of the COVID-19 crisis.
It will offer Anambrians an opportunity to reflect on skills, ideas, finances, commitments and policies needed today and for the future.
Speaking about the summit,Mr. Mike Orekyeh, Special Assistant to Governor Willie Obiano of Anambra State on Information Communication Technology (ICT), said that the thrust of the summit would provide solid basis that will fuel the adoption of STEM and digital skills training in schools and markets in Anambra State.
He noted that Anambra which has the highest literacy rates in Nigeria should lead the conversation in tech innovation ecosystem, instead of joining the bandwagon.
According to him, “The growth of the technology and innovation sector offers new possibilities for Anambra’s growing labor force, in terms of competing and surviving the new industrial revolution, creating employment and building entrepreneurship.
“Nigeria’s innovation space has found creative solutions and is growing as more technology hubs are being established in the country, pushing Nigeria towards a knowledge based economy.
“Anambra is positioned to not just join the conversation but to lead it.
“As the Vice President Prof. Yemi Osinbajo noted: ‘…The future of Nigeria is not oil or solid minerals, but about technology, innovation. Tech innovation is all about highly-skilled people, entrepreneurship spirit and a supporting ecosystem of government, investors, mentors and global collaboration.’
“We believe that Anambra state being the heart and gateway of the southeast including already being a trade/business destination can simultaneously take the lead in the digital innovation birthing in Nigeria generally and the southeast specifically to pave the way for a new breed of techpreneurs and innovators in building “Onitsha / Awka/ Nnewi” – our own standard of the silicon valley but we can call ours the Anambra Innovation Corridor”.
He further explained that Onitsha & Nnewi being the two most important commercial and industrial cities in Nigeria need a strategic move to bring the industries and markets online, which he said would have an enormous economic impact in Nigeria.
He said, “our vsion in ANSICTA is to bring our major towns and cities online, provide enabling digital infrastructure to connect schools, hospitals, businesses and governance online for a seamless step into the future.
“This approach and also bringing the many markets online and enabling them to digitize their markets and become discoverable have enormous potential to drive economic growth and activity.
Mr. Orekyeh emphasised that ANSICTA intends to train 40,000 people in 2 years and scale it up to 100,000persons in 4 years time.
The Objectives of the summit according to Mr. Orekyeh are:
-Raise awareness on the importance of ensuring strategic investments in innovation and technology in Nigeria generally and Southeast/Anambra specifically.

-Highlight practical global best practices and lessons learned that can be replicated in Anambra towards reimagining innovation, growth, scalability and profitability in addressing present and future prospects.
– Discuss practical ways in which investors, donors, venture capitalists and the private sector can collaborate with government and civil society organizations to enable necessary investments needed accelerate growth.
-Identify policies approaches to support the growth of startup ecosystems and networksin Anambra
-Reimagining and reinventing educational approaches to reposition Anambra as a technological innovation destination of the future.
He added that participants will learn how private and public stakeholders can replicate growth models and invest in innovative ideas from Anambra focusing mainly on digital technology, scalable initiatives and creativity.
The summit will include keynote addresses and 5 panel sessions by select experts and key leaders.
For more information, please contact Mike Orekyeh at [email protected]
News
Atte, Nigerian Develops AI Algorithm for Hair Transplants

Atte Ayodeji, a Nigerian computer scientist,has developed an artificial intelligence algorithm capable of detecting, counting, grouping and generating healthy hair follicles during hair transplant procedures, an innovation that earned him the Best Innovative Technology award.

Atte Ayodeji
Ayodeji also graduated with a Distinction in his Master of Science (MSc) in Computer Science from Birmingham City University on Friday, adding another milestone to an impressive academic year.
Beyond his award-winning hair transplant innovation, the Nigerian researcher developed a system and framework on Explainable Artificial Intelligence (XAI) as a professional responsibility in the diagnosis of lung cancer.
His dissertation received a silver award at the PGXPO2026 Winter, further highlighting the impact of his research in applying artificial intelligence to healthcare.
Sunday Dare, special adviser on Media and Public Communication to President Tinubu, celebrated Ayodeji’s achievements in a post on X, recalling how he first met him in 2019 during his National Youth Service.
“In 2019 when I became a Minister of the Republic, I met a young man of medium height, genteel with penetrating eyes: Atte Ayodeji. His words rarely come out and he could easily be passed by unnoticed. But I noticed him especially when my SA Kemi Areola brought him to me asking my approval for him to do his Youth Service in my office. I approved. From then on he was unstoppable. His brilliance shown and he developed skills beyond his frame.”
Highlighting Ayodeji’s recent accomplishments, Dare congratulated him saying, “Congratulations Atte. I am proud of you!”
News
FG to Abolish Subsidies in Power Sector in 2027 – Minister

Mr. Joseph Tegbe, minister of Power, has said that the federal government plans to end power sector subsidies from 2027 and that there are no immediate plans for tariff increases.

Mr. Joseph Tegbe, minister of Power
The minister told journalists during the media interactive session at the weekend that the government has announced plans to phase out electricity subsidy payments from 2027 as part of efforts to address mounting liabilities in the power sector.
He explained that the planned removal forms part of the broader reforms aimed at ensuring the long-term sustainability of the electricity sector, while tackling the financial challenges confronting the industry.
According to the minister, despite the planned subsidy withdrawal, there are no immediate plans to increase electricity tariffs, reassuring consumers that the government is not considering a tariff hike in the short term.
News
AfCFTA Urges Africa to Stop Exporting Raw Materials

Patience Okala, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office has urged African countries to stop exporting raw materials and instead focus on adding value to its natural resources if it is to fully harness the opportunities offered by the African Continental Free Trade Area.

She stated this on Thursday at the Streamsowers & Köhn 20th Anniversary Business Forum, where she stressed that value addition and beneficiation are essential to Africa’s industrialisation and long-term economic growth.
According to a statement issued on Friday by the Nigeria AfCFTA Coordination Office, she said the AfCFTA goes beyond the elimination of tariffs, serving as a framework for industrialisation, value addition, and job creation across the continent.
“AfCFTA is not only about tariffs; it is also about value addition. Africa has to stop exporting raw materials. We need to add value and ensure that beneficiation is done on the continent,” she said.
Okala also said Africa’s economic transformation would depend on the effective implementation of the AfCFTA rather than on the signing of trade agreements alone.
“We have moved beyond negotiations. The success of AfCFTA will be measured by the extent to which businesses can access new markets, trade seamlessly across borders, and benefit from the opportunities created by the agreement,” she said.
She noted that Nigeria had intensified efforts to implement the agreement under the leadership of the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, including the development of simplified AfCFTA guides in six languages to help businesses understand and take advantage of opportunities under the trade pact.
Okala called for stronger collaboration among governments, regulators, and the private sector to eliminate barriers to trade and investment and build a truly integrated African market.
“As we move from policy to implementation, our collective responsibility is to ensure that the opportunities created by AfCFTA become practical realities for businesses, particularly MSMEs, women-owned enterprises, and young entrepreneurs across the continent,” she said.
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