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Disruptive Expo ‘17 Centers On Smart Cities, Citizens’ Participation

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Some decades ago, the internet became a world-wide sensation, as people no longer wait for a post office, telegram, fax or physical libraries to send or receive information.

The society has been empowered to do so through the internet by email, social network, however, wow there is a growing need to achieve higher efficiency and productivity at little or no cost.

The concept entails ‘things’ need to connect to internet, to be monitored, controlled and for it to operate with less human interference.

“Anything from your home appliances, clothes, wrist-watch, footwear, office infrastructures, bags etc can be connected to the internet to be track, monitor, and accumulate data for learning or control. A good application of IoT could be in the health sector, where people’s Smart Watches, monitor and report the body vitals like body temperature, heart beats, pulses and feeds it back to your health provider’, said David Alozie, convener and founder of Disruptive Africa Expo/Community, while explaining the concept of Smart Cities during a press conference towards the forthcoming ‘Disruptive Expo’ 2017.

The conference, Alozie said, is conveyed for citizens to appreciate that the Internet-of-Things (IoT) and Smart Cities will play a huge role in accelerating achievements of the UN-SDG goals in Lagos/Nigeria.

According to him, it has become imperative for the every citizen become aware of the technology concepts in order to adequately plug into the opportunities that Internet-of-Things (IoT) and Smart Cities might present.

Smart Cities, he said involves, high level of population and urbanization; need for climate change and environmental sustainability and there is need to have more data to help the Government serve the people well, as well as the need to serve citizens better and promote citizen participation in the running of a city – Technology advancement and needs.

“Components of Smart Cities Smart Cities consist of the following Smart Sectors: – Smart Transportation: Optimising traffic, road, vehicular movements – Smart Security: Security camera, facial recognition, phone/citizen detection – Smart Energy, Water and Waste: Enhancing efficiency and management of power, water and waste. – Smart Government (e-Government): Enabling platform for better Government citizen interaction and services. – Smart Manufacturing – Smart Education – Smart Tourism and Leisure – Smart Buildings, Homes and Estates – Smart Retails and Logistics – Smart Finance and Banking Requirements for Smart Cities – Smart Citizens: Citizenship awareness of opportunities and participation – Revamping of Sectors to become smart: Homes, waste management, security water management, power management and efficiency.”

He further advised that States need blueprints, holistically led and implemented for Public and Private sector partnership and promotion of a data driven culture across the public and private sectors.

He said that benefits of Smart City are evident in cutting cost for the citizens and the Government, as it encourages better interaction and personalized interaction with the Government.

However, Alozie said there are inherent challenges of smart cities that concern the citizens, particularly “A shift in the labour market – Security and privacy concerns, scalability of crime – Building talents, skills and advanced knowledge to fuel up innovations and Smart Technology Solutions (STS). – Possible lack of even access to benefits of Smart Cities – Building reliable smart cities systems to reduce economic effects”.

On the opportunities, he said, “Looking at foreign exchange rate (forex), it’s an opportunity to promote home-grown knowledge and skills which will power the growth and development of Smart Cities from a technology point of view and thereby create jobs, more businesses and services.

“There is an opportunity for the Telecom industry, just like some Telecom companies in other countries are working with the government to run Smart Cities – Insurance companies to leverage the real time data to verify and validate claims – Access to open data to support your business product and services, predict and manage risk.

Also speaking, Mr. Reuben Kalu, head, Marketing and Key Leads, Syscomptech Communications Limited, said the Conference was designed to show that Smart cities concepts are not designed to be used and accessed by technology gurus only but everyday people.

He further cautioned that Smart Cities projects should not be seen as tools to take away people’s paid employment, rather a dawn of new business and job opportunities.

“Smart Cities are not ready made but it’s a journey and process that takes years. Just like we participate in politics voting for our leaders, so it is required that everyone participate in the building of Smart Cities in Lagos and Nigeria because Smart Cities will generate great volume and now the world is moving from seeing wealth as Oil or cash. In the Digital Economy, data have become the new wealth, it could be Personal Asset, Corporate Assets or National Asset,” he said.

 


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Inlaks CEO, Femi Adeoti, Wins Top CEOs & Next Bulls Award

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Femi Adeoti, managing director and CEO, Inlaks, Africa’s foremost Information Technology and Infrastructure solutions provider in West Africa, has been announced as a winner of the 2020 Top CEOs & Next Bulls Awards organised by Business Day Media Limited in collaboration with the Nigerian Stock Exchange (NSE).

The MD/CEO whilst receiving the award dedicated it to the management and staff of Inlaks for their relentless service even during these trying times.

He also appreciated the board of the organization that drove changes within the organisation particularly in the pandemic which led to the company being recognized and the customers who have continued to support Inlaks while being ambassadors of all Inlaks’ solutions.

The CEO and Next Bulls awards, the sixth in its series, recognizes the CEOs of listed companies creating competitive shareholder value through sound strategy, disciplined execution and world class governance. In addition, it celebrates chief executives of quoted companies that have demonstrated the most impressive gains in both share price and service delivery.

Themed “Advancing Against all Odds,” this year’s award particularly recognised businesses that have been thriving in spite of the global harsh economic realities.

According to the organisers of the award, the indomitable Next Bulls are the CEOs raging forward at a time when many businesses are choosing to retreat, thus acknowledging Adeoti’s good leadership in the area of corporate governance, innovation and service delivery.

The CEOs award celebrates the CEOs of successful, privately-owned indigenous companies built by Nigerians, led by Nigerians and poised to lead their categories on the continent.

Established in 1982, Inlaks is Africa’s leading Information Technology systems integrator with presence in Nigeria, Ghana, Kenya, Gambia, Sierra Leone, Guinea, Liberia and Cameroon. As solutions provider, it offers core banking, agency banking, fraud management, cyber-security, cloud, data centre, enterprise risk management and software solutions.

Part of the criteria for selecting winners of this year’s awards held virtually on September 5, are stock price appreciation, Profit After Tax (PAT) growth, an unblemished regulatory compliance record, and positive marketplace reputation among customers in the period under review.

Winners are also selected based on significant interest shown by active and informed investors on the Nigerian Stock Exchange to invest in their stock should their boards ever decide to take them public.


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Transcorp Hotels Hard Hit by COVID-19, Mulls Restructuring

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The novel COVID-19 pandemic has caused the African Hotel and Tourism industry to lose over $50bn in revenue.

Transcorp Hotels Hard Hit by COVID-19, Mulls Restructuring

Dupe Olusola, MD, Transcorp Hotels

Amidst this, Transcorp Hotels Plc has suffered unprecedented losses and is looking to restructure the business strategy of its hotels and optimize its operations.

The management of Transcorp Hotels Plc has announced that it will be taking steps to ensure business continuity in the wake of the losses recorded due to the COVID-19 pandemic.

To this end, the hotelier is diversifying its portfolio and reducing its workforce as part of its cost management initiatives.

Mrs Dupe Olusola, managing director, Transcorp Hotels Plc, disclosed this during a Press Conference on Thursday saying “The impact of COVID-19 on the business is like nothing the company has ever witnessed. The hotel and hospitality industry in Nigeria has never faced a crisis that brought travel to a standstill, including the Ebola Virus Outbreak of 2014 and the recession of 2015. The slow pick up of international travel, restriction on large gatherings, the switch to virtual meetings and fear of the virus, has drastically reduced demand for our hotels and occupancy levels to its lowest of less than 5%.”

According to her “Despite the losses incurred we have fulfilled our obligations to staff. At the inception of the pandemic, we maintained a 100% salary payment to our over 900 employees in March and April. We also activated various cost-saving initiatives such as renegotiations of service contracts and restructuring of our loans. We suspended further commitment to buy fixed assets and operating equipment as well as reducing our energy consumption and maintenance costs. Despite undertaking these, it has become apparent that more fundamental changes need to be made for the business to survive. To this end, our workforce headcount will be reduced by at least 40%, and our reward system will be optimized.”

Mrs Olusola further disclosed that negotiations are ongoing to ensure that our colleagues who will be impacted are adequately compensated given the peculiarities of the economy at this time.

A health insurance package to reduce their health burden costs, especially during the pandemic, amongst other payment settlements, will be activated.

Equally, all Executives of Transcorp Hilton Abuja have now taken a pay cut.

As one of the leading hospitality brands in Africa, Transcorp Hotels Plc has stated its commitment to uphold service standards and ensure that all guests continue to experience the warmth and hospitality that it is known for.


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LCCI Announces Date for Virtual Edition of ICTEL Expo

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The Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and a leading voice in the organised private sector (OPS) in Nigeria, is set to host the 6th edition of the Information, Communication, Technology and Telecommunications (ICTEL) Expo.

The tech event is scheduled to take place virtually on Tuesday 22ndand Wednesday 23rd September at 9am daily. To this end, interested participants are urged to register online via www.ictelexpo.com.ng

Muda Yusuf, director general of the Lagos Chamber of Commerce and Industry (LCCI) said: “The ICTEL EXPO is positioned to be a veritable platform for both operators and regulators to network, showcase and explore with technology with the view to repositioning the ICT sector of the economy.”

Yusuf added “that this year’s edition promises to be the best ever in the series with the theme “Exploring Opportunities in the Digital Economy” This is intended to create a platform to discuss strategies for economic diversification and business sustainability with particular focus on ICT, especially with the current challenges posed by the COVID-19 pandemic. There would also be virtual conferences and exhibition during the two-day event.

Yusuf also emphasized that relevant agencies and departments of Government will be exhibiting and attending to other exhibitors and participants.

He stated that the Government Ministries, Departments and Agencies that have confirmed attendance to participate are Ministry of Communications; Nigerian Communications Commission (NCC) amongst others.

In addition, the Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Pantami and the Executive Vice Chairman, Nigerian Communications Commission, Prof. Umar GarbaDanbatta, are expected as Special Guests.

Mrs. Funke Opeke, managing director, MainOne Cable and chairman, Presidential Committee on National Broadband Plan, is expected to deliver the Keynote Address on the first day.

While Mr. Victor Eburajolo, deputy group managing director, Kewalram Group, will be delivering the Keynote Address on the second day at the virtual Expo.

Yusuf stated that “so far, so good the excitement that the virtual Expo has generated has been phenomenal and we are indeed happy about it.”


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