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COVID-19 Pause: Need for National Reflection and Self Reliance

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By Akinyele Okeremi

The COVID-19 pandemic brings to the fore a rare opportunity for African nations to reawaken and reconsider national strategies. However, if we needed an emergency, we have it. It hinges on our future.

It hinges on our children. It hinges on how we react to this timely reminder. Because it is difficult for anyone to have imagined that the world would get to a situation where local and international travels would be restricted while social and commercial activities are almost comatose.

The travel restrictions also have an adverse impact on the movement of goods and services. It is safe to state that global interdependence has never been challenged the way it is presently.

While the world will remain interdependent, it is necessary for countries, especially Africans, to consider their capabilities to respond to challenges to become more self-reliant than they currently are.

With all due respect to many brilliant Africans, who are trying to create value legitimately, many riches in Africa are created through corruption and rent seeking. The economic situation in economies that depend heavily on natural resources such as petroleum-like Nigeria are likely to suffer a balance of trade deficits and may become unable to meet their financial obligations except they consciously move into other areas that are capable of generating sustenance and possible foreign exchange. More importantly, the challenges of the balance of trade are national security concerns for African countries.

Most of the critical activities that determine security and actual sovereignty are not in the control of nationals of African countries. It is funny. Why is it that all the time African countries must go begging? Why is Africa always at the receiving end? Has anything ever happened in the world and Africa has offered help instead of begging for help? It tells you we are not thinking right and this is the same thing that has happened and not just in government but also in our private businesses.

Turn our youthful population into gold

African countries need to develop their abilities to create real value for themselves rather than expect wealth to come merely because we are endowed with natural resources (which we invite foreigners to exploit on our behalf).

Africa must gravitate towards productive and knowledge-based economies. Data shows that Africa is blessed with a young and well-educated population. This makes it possible for them to contribute to the economy beyond mere primary products. With proper national strategies and value systems, the teeming African youth can create solutions to the challenges that daily face them.

This is extremely dangerous as this makes many African countries to become mere glorified colonies that cannot make sound decisions in their own interests and may never stand by such decisions if they are ever taken because of pressure from the countries that control their critical assets and resources.

What this translates into is that we dare not disagree seriously with those countries; otherwise our security will be in jeopardy. The security of African nations must be in the hands of Africans in substantive terms and not mere lip service.

Provide internally created solutions

Africa needs to rise to the challenge of becoming a continent to reckon with for providing solutions to challenges of the world. With no fear of equivocation, many Africans all over the world are working hard and have achieved great successes in their respective careers but the challenge is why does it appear that Africans do well in the diaspora? But do not do well on African soil?

My stab at this is that the institutions in the African continent need to be developed and strengthened to ensure that we can produce guaranteed relevant leaders. Africa needs to take another look at its compensation mechanism.

There is an obvious need to ensure that the right processes and results are appropriately rewarded while unacceptable conducts are punished accordingly. As the balance of trade challenges stare brazenly at us, there is a need to encourage policies to conserve our financial resources.

We need to ensure that we consume what we produce and to produce what we consume. This will require hard work and heavy lifting on the part of the leadership at all levels of African society. We need to take another look at our food security – I do not know how much of our food is in our control as Africans and I am concerned about this.

Wean ourselves off foreign solutions 

A cursory look at our financial and the banking systems in Nigeria reveals that more than 90% of applications run by Nigerian banks come from foreign countries, mostly from India. The implication is that the Nigerian financial system could be switched off remotely with an attendant consequence of social unrest and possible removal of structures and even governments.

While this may seem far-fetched, it is my honest opinion that the risk and possibilities are very present and discerning leadership need to take a closer look at the possibilities in doing their risk assessments and response preparation.

If Africa is to make the right progress in the right direction, we need to build our own society, create solutions to solve our own problems without the need for wholesale copy and paste. We will refer to the beautiful and nice works that are in existence in other countries, but we will only adopt them and own them wholly in Africa.

In conclusion, I posit that the challenges with our current level of development create a major opportunity for us to produce our own solutions to those challenges with minimal help from other countries. This will give us the opportunity to move towards development and simultaneously creating wealth for ourselves as a people.

Recently, I listened to an interview by a Ghanaian woman who said, “I do not blame you [Europeans] – you did and are doing [all this] for your survival; we [Africans] can’t blame you for that. The fact is, we [Africans] didn’t do enough for our own survival and we are still not doing enough for our survival – that is not your problem.”

The context is that Africans, nay Nigerians, are not doing enough for our survival as a nation and as a people. COVID-19 has just exacerbated the situation we have put ourselves and the ramifications will come home to roost now unless we reflect and put in place many structures that will make us self-reliant soon.

 

Dr Okeremi is the MD/CEO of Precise Financial Systems headquartered in Lagos, Nigeria.


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UK Pledges €1Bn to Fight against Malaria in Nigeria

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The UK has pledged £1 billion to Nigeria’s fight against malaria and other diseases from 2024 to 2026.

UK Pledges €1Bn to Fight against Malaria in Nigeria

Ebere Anyachukwu, health adviser at the British High Commission, announced this on World Malaria Day in an interview with NAN.

This contribution supplements existing funds from other donors and will primarily support the procurement of insecticides, treated bed nets, malaria diagnostics, and chemoprevention efforts.

“There are some states in Nigeria where malaria is seasonal. Those are states where chemoprevention is used to prevent children from coming down with malaria,“ he said.

“In those states, malaria spreads in a few months within a year, and during that period, there is a high level of malaria transmission in children, resulting in lots of deaths.”

The health adviser said children in such states are usually given malaria drugs, whether or not they have the infection.

He said the UK is a big contributor to the global fund, currently supporting about 13 states in Nigeria.

He listed the states to include Adamawa, Delta, Gombe, Jigawa, Kaduna, Kano, Katsina, Kwara, Niger, Ogun, Osun, Yobe and Taraba.

“With the global funding support, there has been a significant reduction of malaria-related deaths in children in Nigeria,“ Anyachukwu said.


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60 Hearty Cheers to Chioma Ekeh, Africa’s Leading Unusual Female Tech

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The story has often been told in tech circles of how a relatively unknown Nigerian female student became a sensation of sorts among the international student population back in the early 80s in India owing to the unusual course of study she was undertaking.

60 Hearty Cheers to Chioma Ekeh, Africa’s Leading Unusual Female Tech

Chioma Ekeh

Electing to study Mathematics at Bachelor’s degree level – a course that required not only battling differential equations, calculus, advanced algebra, and so on, but also pitting one’s wits against that of wizened professors – is not a task for the faint-hearted. But that was the path that this unusual lady took at Punjab University, located in the culturally rich and aesthetically pleasing city of Chandigarh, India.

It was a decision that would lead Chioma Ekeh (nee Emelonye) along the path of meeting the love of her life, a certain Leo Stan Ekeh and returning to Nigeria with him to play a leading role in shaping the course of technology distribution in Africa.

Undoubtedly, unusual may also be a word that defines Chioma and Leo Stan Ekeh’s remarkable journey together. A power couple and exemplary partners who have worked together for over 30 years building a successful technology empire is a rarity, one that is not often seen.

That sojourn to India and her subsequent career trajectory laid the groundwork for the impressive reputation Chioma Ekeh has built in the highly competitive technology space. Business associates and representatives of global brands never fail to cite her intellect and brainpower.

Job seekers who cross her path during interviews often recall being asked to solve a simple arithmetic problem. For those who eventually become employees, there is never-ending adulation.

Her husband, Leo Stan Ekeh, describes her as the integral analytics, the backbone behind the brilliant success of the Zinox Group where she has continued to support all the businesses across the board.

Such is the cerebral aptitude of this unusual woman that she is reported to have taken the stage once at a company-wide business review to present a financial report punctuated by humongous accurate numbers, figures and percentages, all from memory and without recourse to any notes, a device or an actual presentation document.

Born on April 25, 1964, the story of the impressive diffusion, accessibility, useability and affordability of cutting-edge technology devices and solutions in Nigeria and indeed, sub-Saharan Africa will be grossly incomplete without a detailed citation on Chioma Ekeh and the leadership role she has played – one she has continued to play as a silent innovator and disruptor–alongside her legendary spouse.

A Fellow of the Chartered Institute of Certified Accountants (FCCA, UK), Mrs. Chioma Ekeh is the brains behind TD Africa, a regional technology distribution powerhouse headquartered in Nigeria and with branches across Africa and in four other continents.

A company she led from start-up stage, TD Africa with Chioma Ekeh as CEO, pioneered ICT distribution in Sub-Saharan Africa and has remained the industry leader by market share in the region and the biggest provider of credit to resellers.

Founded in 1999, TD Africa is Africa’s leading distributor of technology and lifestyle products, boasting an unmatched and growing network of partnership with global brands like HP, Microsoft, Apple, Starlink, IBM, Dell Technologies, Ring (by Amazon), Cisco, Lenovo, APC by Schneider Electric, Samsung, Bosch, Phillips, Logitech, Vivo, among several others. Under Chioma’s exemplary leadership, the company has achieved numerous milestones, earned a long list of local and international awards/accolades and ensured Nigeria and indeed Africa is reckoned with at the global table of technology conversations and discussion-making.

However, this remarkable story may have turned out differently, had Chioma not returned to Nigeria under the guidance of her husband.

Armed with a formidable Mathematics degree after completing her studies in India, Chioma had the world at her feet and was the toast of leading companies the world over.

Moving to the United Kingdom at the invitation of her husband, Chioma joined the exalted league of Chartered Accountants and thereafter, bagged an MBA at the reputable Heriot Watts University.In 1987, she joined Sterling Deveraux as an Investment Analyst, engaging in researchand analyzing assets, such as stocks, bonds, currenciesand commodities.

Her acumen and exceptional skills were growing in demand and before long, she left Sterling Deveraux, joining the London Borough of Lewisham as an accountant in 1988.

Between 1988 and 1991, Chioma’s sterling work saw her rise swiftly through the ranks at the London Borough of Lewisham, moving from Accountant to Senior Auditor and then to Financial Auditor.

Certainly, Chioma Ekeh had a clear path to becoming CFO and possibly CEO at the London Borough of Lewisham or even going on immediately to taking up other elevated roles at other organizations. But the love of motherland and the call of her husband – Leo Stan Ekeh – to return home to Nigeria with him and build a technology legacy for Nigeria and Africa proved too strong.

Back home, Chioma Ekeh’s initial area of responsibility was with Task Systems Ltd., the first of many companies in the Zinox Group set up by Leo Stan Ekeh.

She took up the position of Financial Controller and spent six achievement-filled years at Task before driving the vision of technology distribution birthed by her husband in launching TD Africa where she became the company’s pioneer CEO.

A quiet, unassuming tech icon, Chioma Ekeh has acquired a well-deserved status as unarguably one of Nigeria’s top three leading Women-in-Tech, a female technology business leader with extensive years of proven capacity in building high-performing teams and transforming businesses beyond stakeholders’ expectations.

In partnership with her husband, Chioma Ekeh has played immense roles in growing and nurturing partner businesses, launching several thriving new businesses and successfully closing some of the biggest acquisitions in the technology space in Nigeria.

The Tech Experience Centre – Africa’s first technology experience centre – located at Yudala Heights, a sprawling edifice in the heart of Victoria Island – is another project that has Chioma Ekeh’s indelible signature on it.

The launch of the Tech Experience Centre in October 2020 received high praise from the Nigerian government and representatives of global Original Equipment Manufacturers (OEMs).

Under her guidance, Celebrating You, an annual showpiece celebratory event hosted by TD Africa has become unarguably the biggest year-end event in the Nigerian technology industry for over a decade.

Also, she has spearheaded several CSR projects, including The Herwakening – an empowerment programme for female entrepreneurs– and Girls in ICT – a project targeted at encouraging young girls to take up STEM (Science, Technology, Engineering, Mathematics) disciplines and considering careers in technology.

As she turns 60, Chioma Ekeh deserves rarefied mention and unmitigated encomiums. An amazon, this unusual female tech icon who has shattered several glass ceilings, knows no fatigue and has continued to innovate, effortlessly leading from the front.

 

 


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Academic Technologists Propose N350,000 Minimum Wage

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National Association of Academic Technologists (NAAT), has proposed N350,000 as the new minimum wage for Technologists in the tertiary institutions.

Academic Technologists Propose N350,000 Minimum Wage

Comrade Ibeji Nwokoma, national pesident of NAAT, stated this at 5th National Delegate Conference in University of Abuja.

Nwokoma, said the proposal was based on the present economic situation in the country occasioned by the removal of fuel subsidy, high inflationary rate and the attendant hardship.

Nwokoma maintained that technology rule the world and advanced development and shaping the landscape of education in developed countries.

Prof. Tahir Mamman, minister of Education, said the federal government will soon introduce the policy that will make skill acquisition compulsory for primary and secondary schools.

The minister said global space is driven by technology which the advanced world is using to solve problems and gaining grounds.

The Union protect, defend, and promote the rights and well being and interests of all members and to advance the cause of members, employed in Nigerian Tertiary Institutions Universities, Polytechnics, and Colleges of Education.

The theme of the conference is, “Technology, a recipe for national development and socioeconomic growth in the 21st century: the Nigeria quest for a better tomorrow.”

 

 


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